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Saputo USA Recalls Great Value Cottage Cheese Because of Possible Health Risk
Globenewswire· 2026-02-25 00:07
MILWAUKEE, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Saputo Cheese USA Inc. (SUSA or Saputo) is voluntarily recalling select cottage cheese products produced by SUSA due to the possibility of liquid dairy ingredients used in the items not being fully pasteurized according to state regulatory standards. While no illnesses or hospitalizations associated with the recalled products have been reported to date, consuming products that are not fully pasteurized can pose a significant health risk, especially to the young a ...
Saputo (OTCPK:SAPI.F) Earnings Call Presentation
2026-02-05 21:00
Saputo Inc. February 5, 2026 Caution Regarding Forward-Looking Information This presentation contains statements which are forward-looking statements within the meaning of applicable securities laws. These forward-looking statements include, among others, statements with respect to our objectives, outlook, business projects, strategies, beliefs, expectations, targets, commitments, goals, ambitions and strategic plans including our ability to achieve these targets, commitments, goals, ambitions and strategic ...
United States Chocolate Forecast Report 2025: A $49.26 Billion Market in 2033, Driven by Increased Demand of Premium Chocolates, Healthier Chocolate, and Rising Usage of Chocolates as Gifts and Treats
Globenewswire· 2025-03-20 09:41
Core Insights - The United States chocolate market was valued at US$ 35.25 billion in 2024 and is projected to grow at a CAGR of 3.79%, reaching US$ 49.26 billion by 2033, driven by increased demand for premium and healthier chocolate options, as well as chocolates being used as gifts and treats [2][20]. Market Dynamics - The market is experiencing growth due to rising consumer interest in premium chocolates, with 67% of consumers purchasing premium chocolate sometimes and nearly 30% preferring it over lower-quality options [7]. - Seasonal events such as Valentine's Day, Halloween, and Christmas significantly boost chocolate sales, accounting for 64% of revenue from chocolate and candy sales [9][8]. Consumer Trends - There is a growing preference for dark chocolate due to its health benefits, including antioxidants that improve heart health and cognitive functions [12]. - The trend towards luxury chocolates is evident, with impulse purchases driven by attractive promotions and in-store displays [6]. Innovation and Product Development - Chocolatiers are innovating with new flavors and ingredients to cater to changing consumer tastes, incorporating exotic fruits, spices, and superfoods [10][11]. - The introduction of products like WholeFruit chocolate and green tea chocolate reflects the industry's response to modern consumer preferences [11]. Challenges - The chocolate market faces challenges from rising cocoa prices due to climate change and supply chain disruptions, which can impact production costs and profit margins [14]. - Health concerns regarding sugar content and obesity are prompting manufacturers to develop healthier alternatives, which may increase production costs [15]. Competitive Landscape - The acquisition of Foley's Chocolates by Puratos enhances its market position and aligns with its commitment to health, sustainability, and innovation [16]. - Key players in the market include Nestle S.A., The Hershey Company, Mondelez International, and Lindt, among others [19].