Globally, eggs have reached record high price levels, driven by an unprecedented outbreak in avian flu, runaway production costs, inflation, COVID and regulatory changes.
C-suite leadership should focus on sales and marketing in a value-driven market, rather than remain overly-focused on operations, according to Chief Outsiders' recent survey.
From adults to children, gluten- and allergen-free foods are increasingly becoming a part of living a better-for-you lifestyle, which is growing the gluten-free market and providing The Good Flour Co. opportunities to innovate for the youngest of consumers,...
For the 1 billion people worldwide projected to be menopausal by 2025, very few options for symptom management beyond hormone replacement therapy and an emerging selection of dietary supplements exists – creating a massive untapped market opportunity...
The era of food and beverage entrepreneurs scoring massive checks from investors with scant review to build and exit a business in three to five years is giving way to a new era of cautious consideration by venture capitalists seeking slower but more...
Upcycling food, or turning would-be wasted byproducts from one product into something delicious and nutritious for people, has emerged as one of the hottest trends in food and beverage in recent years with the market projected to grow at a compound annual...
At Natural Products Expo West this year, walking down an aisle without seeing a callout for prebiotics or probiotics was nearly impossible as more players race to meet consumer demand for each, which research from Coefficient Capital shows is climbing...
Rapidly rising food prices are expected to slow in 2023 after supply chain challenges, geo-political strife, climate change and agricultural policy changes contributed to record inflation in 2022 and prompted government action, according to federal agencies....
Better for you snack brand Simple Mills is taking is mission and products beyond its initial “free from” roots to embrace a “for more” approach that not only skips artificial ingredients that consumers are avoiding but gives them more of what they want...
As consumers look for foods and beverages to do more for them and the planet they are becoming more sophisticated and skeptical of unverified claims – demanding proof that products and companies can deliver what they promise.
General Mills is bracing for double digit inflation in the back half of the year, but rather than automatically raise prices again – although that remains an option – the CPG giant plans to work with suppliers to find mutually beneficial solutions.
The plant-based market continues to grow at a rapid clip despite a notable slowdown from the double-digit gains in the first year of the pandemic, but to maintain and regain some of the segment’s momentum, the Plant Based Foods Association argues stakeholders...
Consumer demand for snacks continues to increase, and Mondelez International sees itself as well-positioned to not only meet those needs but increase its market share in the process.
How Nestlé uncovers unmet consumer needs and develops foods and beverages are almost as innovative and diverse as the successful new products it has launched and patents it has filed since the pandemic began.
Rising inflation is taking a toll on natural and organic sales in the US, the growth of which slowed dramatically in 2022 and will likely continue to drop in the coming year before rebounding slightly in 2024, according to data presented at Natural Products...
Emerging and maturing trends revealed at Natural Products Expo West in Anaheim last week ranged from dips delivering delightful dinners, mochi moving into multiple day parts, plant-based expanding beyond analogues, and beverages brimming with better-for-you...
Sales of indulgent snacks are growing 20% faster than healthy options as consumers take a “balance sheet approach” when deciding what to eat, despite the current zeitgeist’s focus on better-for-you products that deliver more functional benefits with fewer...
The global provider of bakery, patisserie and chocolate ingredients is dedicated to moving to a healthier planet and is making major strides towards improving the sustainability of its packaging.
Ahead of schedule and in partnership with like-minded plant-based protein brand Aloha, California-based Terviva’s much-anticipated, “ultra-sustainable” Ponova oil is debuting in its first commercially available food – a limited edition bar that celebrates...
Low-carb food brand The Sola Company revealed a brand refresh and reformulation to remove remaining artificial ingredients from its of its keto-friendly breads to address consumer demands for more natural products.
Americans’ understanding of processed and ultra-processed food varies quite a bit, according to research from the International Food Information Council, indicating an opportunity for marketers to educate consumers ahead of potential scrutiny by regulators...
Xiao Chi Jie (XCJ), the modern Chinese food brand that helped put authentic soup dumplings on the US map by cultivating a cult-like direct-to-consumer following during the pandemic is ready to expand into brick and mortar stores this April with a new...
General Mills is raising its full year guidance partly on the belief that investments in new digital and technological capabilities, including connected commerce, strategic revenue management and supply chain digitization, will “unlock new growth and...
As consumers feel the pinch of inflation, they’re turning more toward private label food products, reversing a pandemic-era trend for brand names – a move that could have M&A implications, according to a new research report from investment bank William...
Despite inflation pressuring some consumers to trade down or pull back on spending, more than three-quarters of shoppers globally still are willing to pay more for products making natural claims, according to the latest wave of Ingredion’s proprietary...
SpermidineEvo from GoodMills Innovation promotes cell health and wellbeing into later life and can be added to granola and protein bars, breakfast cereals and bread.
Since Project Potluck was founded in 2020 to support people of color in the CPG industry, the landscape and conversation around diversity and inclusion has changed dramatically, but according to the grassroots group turned non-profit a lot remains to...
Industry leaders and food safety stakeholders are calling out FDA for not going far enough in its plans to unify under a new Human Foods Program nearly all of its major food components that currently are scattered across multiple divisions.
With a 22% sales lift and a slimmed down net loss year-over-year in the fourth quarter, private-labeler TreeHouse Foods is reaping the benefits of recently raised prices, a still generous price gap compared to competitors and a reshaped portfolio that...
The results of Europe’s first ever field trial of a gene edited (GE) variety of wheat have shown a significant reduction of the potential carcinogen acrylamide when the flour is baked.
While consumers often look to the sweet bakery category for sugary fixes and chocolatey crunches, CPG companies might have an opportunity to innovate a new — healthier — path forward for the space, according to a recent survey and analysis from food ingredient...
Alexandre Zigliara is stepping into the role as president of Clif Bar, succeeding Sally Grimes, who has served as the high-flying company’s CEO since May 2020.
Rabobank’s powerful matchmaking and once-exclusive innovation arm Foodbytes is opening access for all global startups, corporates and investors to its forward-looking insights, industry analysis and support for vetted emerging businesses with this week’s...
Hain Celestial, like other packaged food manufacturers, isn’t ready yet to lower prices, despite pressure from Whole Foods and other retailers and moderating inflation.
Most Americans think about food in terms of servings, but Johns Hopkins-trained cardiologist Elizabeth Klodas talks about the snack bars, pancake mix, granola-like sprinkles and packets of oatmeal she offers under her brand Step One Foods’ in terms of...
Research shows school meals are the healthiest source of nutrition for most students in the US, but the US Department of Agriculture thinks they can be healthier, which is why it is proposing stricter standards that would reduce added sugars, fat and...
Spice and ingredient giant McCormick & Co. is “streamlining” its workforce through layoffs and voluntary retirements as part of an initiative to cut costs by $75m in 2023 and $125m annually following a disappointing fourth quarter that missed expectations...
FDA’s long-awaited guidance for limiting lead concentrations in packaged food for babies and toddlers published yesterday estimates a reduced exposure risk upwards of 27%, but according to some stakeholders this isn’t high enough.
A new start-up incubator and investment platform from the team that helped KIND climb from concept to a $5b business with only $5m in primary investment is throwing out the tried-and-true playbooks for growing a brand in favor of focusing on the values...
By Soup-To-Nuts Podcast: Emerging demand for positive nutrition must balance functional benefits, taste, sustainability and convenience
Born out of the pandemic when product availability was unpredictable or limited and when a premium was placed on immunity-boosting, consumers in 2023 increasingly are seeking positive nutrition – both for themselves but also for the planet and workers...
Dollar sales of foods and beverages in IRI-measured multi-outlet stores in the US rose 8.7% to $753bn in 2022 vs 2021, driven by double-digit inflation, while unit sales dropped -3.3%, although units are still above pre-pandemic levels, according to IRI...
Unilever is steadily gaining market share, boosting sales in fast-growing categories, lowering the cost of experimentation and improving its consumer engagement by doing more with less, CEO Alan Jope touted during the company’s investor day last month....
Despite concerns that high energy prices, supply chain and labor challenges, and geo-political strife will continue at least through the end of the year if not longer, many CPG executives remain optimistic about their companies’ performance, according...
Procurement intelligence and analytics provider Beroe predicts that corn prices will remain high due to supply chain disruptions and increasing production costs.
In an effort to streamline its portfolio, ingredient manufacturer Kerry has entered into exclusive negotiations to sell its sweet ingredients business to food ingredient company IRCA for €500m ($538m).
Taste may be considered king by most food and beverage makers, but at Unilever it no longer reigns supreme after the CPG giant adopted a new ‘holistically superior’ product testing framework and ‘boldly healthier’ food commitments for 2025 – a move that...