Despite being a nutrient powerhouse with more fiber and protein per serving than quinoa and nearly twice the amount of iron as a 3-ounce sirloin steak, sorghum hasn’t quite crossed into mainstream territory with most consumers. But that could soon change,...
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...
Despite the difficult economic reset underway in the capital markets and lingering supply chain challenges, rising inflation and the growing threat of a recession, investors are still interested in the food and beverage space, according to one investment...
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...
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?
Dollar sales of refrigerated liquid plant-based creams and creamers were up +25.8% year-on-year to $527.4m in measured US retail channels* in the year to July 10, 2022, while unit sales were up +16.1%, led by strong growth in blends and ‘other’ (which...
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’...
When it comes to plant-based milks for kids, the options are few and far between, say Alex and Lauren Abelin, founders of Kiki Milk, which is made with organic oats, hemp seeds, sprouted pumpkin seeds, coconut, and other “whole food ingredients.”
The IFT First 2022 show floor was abundant with companies touting their upcycled ingredients and other exhibitors highlighting plant-based meat and dairy innovation. Take a look at some of the trends highlighted at the show this year.
In the face of inflation and consumer price sensitivity, Mondelēz International saw positive volume growth and price resiliency across its snacking portfolio especially in its core areas of snacking and chocolate, reported chairman and CEO Dirk Van de...
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...
Two incompatible trends – increasing interest in seafood and climate change – are opening the door for the alternative seafood market, but for this emerging segment to reach its full potential, stakeholders must better align their go-to ingredients with...
Illinois-based kefir company Lifeway Foods, which has been the subject of inner family feuding related to its leadership*, reported +16.7% net sales growth for the full year ending December 31, 2021 compared to 2020.
Canada-based Merit Functional Foods says it has overcome one of the biggest hurdles facing plant-based protein in ready-to-drink protein beverages: sediment and grittiness.
Something is rotten in the coffee industry, and it is holding back the crop from reaching its full potential and contributing to the climate change that threatens future production of the popular beverage and the economic livelihoods of the farmers who...
Lemon Perfect, the fastest-growing brand in the enhanced water category*, has hired industry veteran and former Coca-Cola executive Jim Brennan as its new president and chief revenue officer.
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.
Through the merging of three companies with a combined 175 years of experience in innovation, Revela Foods debuted at IFT First in Chicago this month with the simple idea that “life is complicated – food doesn’t have to be.”
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...
In the hierarchy of nutrition labeling, over half of consumers (58%) say they check total and added sugar content followed by the type of sweetener (52%) used in a product, claims Cargill.
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...
Frustrated with FDA’s “inefficient decision making,” reliance on “inexperienced and undertrained” inspectors and “split and siloed” approach to food safety and oversight, the Consumer Brands Association this morning reiterated its call for the agency...
Fiber may be best known for improving regularity and most commonly associated with older consumers, but the multifunctional ingredient is getting a makeover thanks to a slew of new products touting its other benefits and targeting shoppers across generations...
Baby and toddler food brand Yumi is making its retail debut at Target stores nationwide with a new line of products addressing a market void for nutritious toddler-focused snacks.
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.
In the battle against food waste, most industry players are only addressing part of the problem, claims Aidan Mouat, CEO and co-founder of Chicago-based Hazel Technologies, who says through the company's proprietary shelf-life extension technology,...
As noted in the opening session of the IFT FIRST conference in Chicago last week, the food that brought us together during the pandemic and which fuels us everyday is in a crisis as climate change intensifies – pushing companies to weave sustainability...
While still a growing $7.4bn industry, plant-based foods have some significant hurdles to overcome around formulation especially in the area of fat content, according to Mintel.
Once associated with refreshment and relaxation, the crack of a can or hiss of gas following the twist of bottle top is becoming a source of anxiety for some consumers who associate it with single-use plastic, broken recycling systems and unwanted litter.
Edible coffee brand Nudge has rolled out at 2,000 Kroger banner stores across the US and secured listings at three divisions of Ahold Delhaize for its low sugar, keto-friendly arabica coffee bars and bombs, which are attracting interest from coffee and...
Wize Tea is not an iced tea in the traditional sense but a ready-to-drink answer to coffee jitters and crashes that extends the growing season for coffee farmers in Nicaragua.
Moonshot Snacks is expanding its “climate-friendly food movement” with the launch of its crackers for conscientious snackers into Target stores nationwide.
Bonumose – a Virginia-based startup with patented technology it claims could enable the mass market adoption of rare sugars which have exciting benefits but currently come with a hefty price tag – is gearing up to start commercial production of tagatose...
Benson Hill is seeing surging demand for its non-GMO ultra-high protein soy flour, which is now in full-scale commercialization mode thanks to a new industrial facility and partnerships with major food manufacturers including Kellogg.
Even though PepsiCo beat Wall Street expectations in its second quarter and saw organic revenue growth soar 13%, prompting it to bump-up its full-year revenue expectations, the beverage and snack giant stopped short of also raising its earnings per share...
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...
PepsiCo has made progress in a number of areas of its business around regenerative agriculture and nutrition targets under its PepsiCo Positive (pep+) plan, the company's ESG program launched last year.
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...
Emerging brand Fila Manila is blazing a trail for better representation of Filipino flavors and cuisine in mainstream grocery with its line of savory simmer sauces and brand new launch, coconut and ube jams.
Invigorating sleepy segments, tackling persistent category challenges and balancing consumer desire for taste, convenience and experience, companies at the 66th Summer Fancy Food Show in New York City late last month showcased innovative solutions to...
Backed by a $100m investment from Anheuser-Busch InBev, upcycling startup EverGrain is entering into large scale production of its barley protein with a new 130,000-square-foot facility in St Louis capable of churning out 7,000 tons of protein isolate...
San Diego-based startup Debut Biotech has teamed up with Korean firm GeneChem to develop a series of human milk oligosaccharides (HMOs) – health-promoting carbohydrates found in human breastmilk – that have never been commercialized before, using a novel...
Inflation is impacting the average price of goods across the grocery store with price growth rates up double digits for some top-selling categories in the last 12 months ending in May 2022, according to the latest retail sales data from NielsenIQ.
The next generation of brands, ingredient suppliers and processors are placing sustainability at the center of how they do business and making it easier for their partners to do the same as illustrated by the companies showcasing in the Startup Pavilion...
Israeli tech firm Phytolon, which is biosynthesizing alternatives to synthetic food colors, has raised $14.5m in a series A funding round* led by DSM Venturing as it gears up to commercialize betalain pigments produced via fermentation of genetically...
Higher protein intake while dieting leads to better food choices and helps avoid loss of lean body mass, according to new research conducted at Rutgers University.
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...
What will the next frontier and low- and no-sugar beverages look like? Find out during FoodNavigator-USA's free-to-attend webinar on Low- and-No-Sugar Beverages: From Soda 2.0 to Flavored Waters online event, broadcasting on Tuesday, July 26th at...