The “huge bet” SunOpta has placed on oatmilk through an aggressive series of investments in production capacity “has absolutely paid off,” says CEO Joe Ennen as the firm gears up to open a new aseptic production facility in Midlothian, Texas and expand...
US honey consumption reached record highs last year while domestic production dropped to its lowest since 1991, primarily due to lower yield per colony, according to USDA’s latest sugars and sweeteners outlook report, which notes that imports have surged...
It’s easy to see the grim P&L figures at Beyond Meat and Oatly and the recent lackluster performance of some refrigerated meat alternatives in US retail as proof that the entire ‘alt protein’ space is a busted flush, but the real picture is more nuanced,...
As the average retail price of chicken eggs has surged 51% in the past year, JUST Egg has reduced pricing for its 12-ounce plant-based liquid egg product by 41%, reaching cost parity with premium chicken egg competitors, according to recent data from...
As Americans continue to adjust to post-pandemic life and mounting economic uncertainty, consumer research from Mintel shows that many believe there is no going ‘back to normal’ and as such are changing the way they think about, budget and shop for, and...
Notoriously thin operating margins in the food supply chain will likely keep manufacturers and retailers from incrementally lowering prices even as input costs begin to come down – preferring instead to wait until the economic landscape stabilizes and...
Private label specialist TreeHouse Foods – which has been looking to reengineer its portfolio to focus on higher-growth, higher-margin snacks and beverages markets – has struck a deal to sell a significant portion of its meal preparation business to European...
What’s more sustainable? Using acres of land, water and energy to grow plants that produce minuscule quantities of natural sweeteners; or making them via a fermentation process using a microbe that’s been engineered to produce exactly the same molecules?
The popularity of condiments soared during the pandemic as consumers used the products as an easy way to elevate an otherwise bland meal made at home, notes Mintel, which says that condiment brands must engage with younger consumers to ensure future long-term...
A lawsuit* recently filed by former co-packer Don Lee Farms accusing Beyond Meat of “grossly” overstating the protein in its products is motivated by “personal vendetta" and should be seen as a “transparent attempt to gain leverage” on the eve of...
Fresh off closing a $3.9m seed funding round* led by Unovis Asset Management, Paragon Pure is debuting its OléPBM alternative fat technology made from rice bran oil, which it claims outperforms palm and coconut oils in plant-based meat products.
Higher grocery prices across categories are starting to take a toll on consumers as they pull back on premium cuts of meat, overall animal protein volume and seek less expensive, value options, Tyson Food executives reported during the company’s third...
As budgets tighten during periods of economic uncertainty or rising inflation, consumers often turn to private label products to save money, although this hasn’t always translated into long-term increases in market share. This time, however, predicts...
Well represented in key at-home eating categories of sauces (Rao's Homemade), yogurt (Noosa Yoghurt), and frozen entrees (Michael Angelo's and Rao's), Sovos Brands highlighted the performance of the company's largest brand Rao's...
Sustainability “is probably on slide two or three of every customer presentation now,” notes Ingredion, but how can consumers cut through the PR noise to make meaningful comparisons between brands? Checkout our final gallery of trends at IFT FIRST exploring...
Beyond Meat – which has just posted another grim set of quarterly figures driving its share price down to new lows – is gearing up for a showdown with former co-packer Don Lee Farms at a court in Los Angeles with a trial date scheduled for September 26.
Tweaks to Sprouts Farmers Market’s marketing strategy to focus on competitive produce pricing and product differentiation along with other strategic decisions are paying off as foot traffic and sales begin to rebound after plummeting following the retailer’s...
Beyond Meat CEO Ethan Brown faced another grilling from analysts on the firm’s Q2 earnings call Thursday after posting a $97.1m net loss on net sales of $147m, lowering guidance for the full year from $560-$620m to $470m-$520m, and cutting 4% of its global...
Boston-based food tech firm Motif FoodWorks has promoted its CTO Dr Michael Leonard to the role of CEO, effective immediately, as current CEO Jonathan McIntyre moves to an advisory role in the company.
Health Canada has published new labeling standards for supplemented foods such as snacks and beverages fortified with vitamins and minerals or caffeinated energy drinks; and introduced new nutrition labelling regulations for packaged foods requiring a...
Food and beverage companies are under increasing pressure to measure, reduce, and accurately report their social and environmental impact, with the SEC recently outlining proposals* that would require all registrants to disclose their scope three greenhouse...
Oatly posted a $72m net loss on net revenues up 21.8% to $178m in the second quarter of 2022, slightly under analysts’ expectations, with gross profit margins of 15.8%, a figure CEO Toni Petersson insisted would rise over time as the Malmö-based oatmilk...
Fungi-fueled startup firm MyForest Foods (formerly Atlast Food Co) has started commissioning ‘Swersey Silos,’ a new production facility in Green Island, New York, which will start churning out meaningful quantities of mycelium-based meat by the end of...
Recent applications work has demonstrated that Merit Functional Foods’ Peazazz pea protein isolate – in combination with an enzyme called transglutaminase - can replace methylcellulose, a binding and gelling ingredient widely used in meat alternatives...
Net sales in Amazon's physical stores - Whole Foods Market, Amazon Fresh and Amazon Go - grew 12.5% year-on-year to $4.72bn in Q2 2022 and grew 2.8% vs Q1, 2022.
As consumer interest in ‘plant-based’ products has grown in recent years, so too have products proudly proclaiming their status as such – but what does the term actually mean, and how influential is it really?
Fine chemicals co DIC and San Diego-based startup Debut Biotech are developing a vibrant natural red color that is heat-stable, light-stable, and stable across a wide pH range, using a novel hybrid approach combining microbial fermentation and ‘cell-free’...
The past two years have been a rollercoaster for many food and beverage companies, who have had to deal with everything from a global pandemic to rocketing inflation, labor shortages, and massive disruption across their supply chains. So what does all...
According to a new draft guideline from the World Health Organization (WHO), non-nutritive sweetener consumption is associated with metabolic syndrome, something proponents of diet sweeteners say shows correlation, not causation, and merely reflects the...
Bay area startup Zero Acre Farms - which is deploying microbial fermentation to produce oils and fats it claims can outperform rivals in the nutrition and sustainability stakes – has launched direct to consumer with a ‘cultured’ cooking oil boasting a...
As inflation pushes consumers to seek out more affordable products, retailers are seeing a surge in unit sales in certain private label categories, according to data and insights firm Catalina.
So-called ‘alternative proteins’ – from upcycled barley and canola protein to animal-free whey made in fermentation tanks using genetically engineered microbes – were a hot topic at IFT First in Chicago. But with US retail sales of some meat alternatives...
Boulder-based Meati Foods – which is seeking to differentiate itself in the increasingly crowded meat-alternative space with a fungi-based platform capable of producing ‘steaks’ and other whole cuts – has raised $150m in a Series C round led by Revolution...
Kroger-owned meal kit company Home Chef is expanding its southeast footprint with a new dedicated 181,000-square-foot production facility in Georgia to support its growing customer base.
“The NASA food system used on the International Space Station is more than adequate,” delegates at IFT First were told in a packed education session last Tuesday. “But a mission to Mars won't allow the resupplying of food and the crew won't...
From more efficient production of rare sugars tagatose and allulose (and intriguing new possibilities with D-allose), to ‘enhanced’ sugars, and a mystery disaccharide that behaves like sugar, but is metabolized very differently, check out part one of...
Online grocery sales totaled $7.2bn for June 2022, tracking ahead of the same month last year (+6%) and slightly above May 2022 figures (+1%), according to the latest data from Brick Meets Click/Mercatus Grocery Shopping Survey.
Non-nutritive sweeteners such as stevia and sucralose are not a panacea, but new recommendations from the World Health Organization (WHO) questioning their value do a “disservice to public health” by failing to recognize their role in sugar/energy reduction...
After being demonized as high-carb and maligned with foggy grain-brains and gluten sensitivities, pasta consumption, which had been flat and declining for years pre-COVID, bounced back during the pandemic with unprecedented growth as consumers looked...
While homogenous plant-based patties, nuggets and sausages abound, few currently available meat alternatives recreate the multi-layered experience of biting though skin to release a juicy burst of flavor that is reinforced by a marbling of fat or the...
Bel Group – the multinational firm behind cheese brands Babybel, The Laughing Cow, and Boursin – has teamed up with Superbrewed Food, one of a clutch of startups in the biomass fermentation space, to develop cheeses for the US market incorporating its...
As consumers’ love affair with oat milk continues to drive high double-digit, year-over-year sales food scientists are exploring how they can further enhance the beverage’s most beloved attributes, including its health benefits, sustainability and shelf...
Boston-based foodtech firm Motif FoodWorks – which has raised $345m since spinning off from synthetic biology firm Ginkgo BioWorks in February 2019 – has just engaged in a round of layoffs, FoodNavigator-USA understands.
As the enthusiasm for cooking that many discovered early in the pandemic wanes, retailers and CPG brands can protect against lost sales to restaurants and foodservice by offering more fresh prepared and minimal-prep options as well as inspiration that...
The FDA has acknowledged that people are frustrated it isn’t moving more quickly to set action levels for heavy metals in baby foods, but says proposals from states' attorneys general to expedite the process and immediately set thresholds for heavy...
While General Mills was able to roll with the punches, including spiking inflation and supply chain challenges, over the past year to deliver better than expected financial results in fiscal 2022, some wonder if the CPG giant, and its competitors, will...
Conagra Brands has opened a new 245,000-square-foot 'state-of-the-art' vegetable and rice processing facility to support its growing frozen foods business and national Birds Eye brand.
While the pandemic accelerated the adoption of food e-commerce, brick and mortar shopping will always have an edge over online grocery for most consumers, reports Dunnhumby.
While the meat alternatives category is suffering from some growing pains, investors’ enthusiasm for dairy alternatives continues unabated, with plant-based dairy specialist Eclipse Foods this week announcing a $40m series B round* led by Sozo Ventures,...
Children’s health advocates and the School Nutrition Association lauded President Joe Biden signing this weekend a bipartisan bill to increase funding for school meals and ease requirements for institutions struggling with ongoing supply chain challenges,...