In a challenging environment for all of the food industry, Mondelēz International posted net revenue growth of 5.6% and increased gross profit by $113m for the full year ended Dec. 31, 2020.
Consumers continue to seek comfort from food as they navigate the rise of new coronavirus variants, but many also are bored by the same-old, same-old after nearly a year at home – creating an opportunity for products that pair bold new flavors with the...
Recognizing that breakthrough technologies that could transform the global food supply chain often originate in academia, Big Idea Ventures has launched a $125m fund to commercialize IP from some of the nation’s leading universities and fuel economic...
Soylent and DuPont Nutrition and Biosciences are participating in a pilot program to highlight the sustainability credentials of US-grown soy by road-testing a new ‘Sustainably Grown U.S. Soy’ logo developed by the United Soybean Board (USB). So what’s...
Nudge edible coffee bars, ‘bombs,’ and butters – novel products featuring aromatic ‘whole coffee matter’ – are now available in 350 Sprouts stores, says brand owner The Whole Coffee Co, which is still learning what product formats, messaging, and merchandising...
SimplyProtein – a snacking brand acquired from The Simply Good Foods Company by Toronto-based Wellness Natural last September – is generating double digit growth in the US market and has the potential to grow from a $20m to a $100m brand within five years,...
Despite parents' best efforts and new products coming to the market promising critical nutrients from vegetables, the fact remains that the vast majority of children are simply not eating enough vegetables. This reality is the primary motivating...
The rate at which warning letters are being issued for illegal COVID-19 claims has slowed dramatically since FDA and FTC began cooperating on the enforcement action in March of 2020.
Sustainable packaging is resurfacing as a top consumer priority after months of being on the back burner due to overriding coronavirus safety concerns, but efforts to switch to more renewable options could be complicated by a dual focus on reducing carbon...
The Specialty Food Association (SFA) - which was forced to cancel the 2020 Summer Fancy Food Show and 2021 Winter Fancy Food Show due to the pandemic – will hold a ‘modified’ in-person trade show September 27-29 at the Javits Convention Center in New...
The White House Office of Management and Budget pulled six FDA guidances and rules from its review, including the proposal "Cannabidiol Enforcement Policy; Draft Guidance for Industry" — handing the CBD industry yet another setback.
Ingredient supplier Kerry has introduced a web-based tool designed to help food and beverage manufacturers with their plant-based product formulation challenges.
While always an important feature of Super Bowl viewing, Frito Lay's latest U.S. Snack Index poll estimates a 21% increase in snacking among consumers compared to last year's Super Bowl LIV game.
What do reasonable consumers think ‘no antibiotics’ on a cheese label means? That the cheese contains no antibiotics? That the milk is from cows that have never been administered antibiotics? Or something else?
Ben & Jerry’s has ramped up its living income approach for Cote D’Ivoire cocoa farmers in partnership with Fairtrade. Global Values Led Sourcing Manager Cheryl Pinto tells FoodNavigator that addressing poverty is key to tackling supply chain issues,...
A limited-supply Palate Training Kits released today from Icelandic skyr brand siggi’s takes an innovative approach to sugar reduction, which has gained prominence among consumers during the pandemic, but which continues to be stymied by taste and convenience...
Chickpea-fueled snack brand HIPPEAS has raised $50m from investment house The Craftory Limited in a financing round consisting of direct investment and secondary purchases of shares from existing shareholders including CAVU Venture Partners.
Millie Gram -- the latest brand innovation to come out of Mondelēz SnackFutures -- combines nut butters with powdered mushroom blends (cordyceps, shiitake, maitake, reishi, and lion's mane) and is currently testing its market appeal with consumers...
Israeli company NextFerm Technologies Inc. has raised $9.2 million in an initial public offering on the Tel Aviv stock exchange, the company announced today.
Quantis is launching geoFootprint, a digital tool that the company describes as the ‘first’ to use satellite technology to map the environmental impact of food production on an interactive map. The innovation holds the key to ‘smarter, science-driven...
What are the primary purchase drivers for plant-based foods? Should humans drink cow’s milk? Why don’t the Dietary Guidelines address sustainability? And could tapping into consumer interest in the microbiome help make fiber the go-to functional ingredient...
Post Holdings has dipped its toes into the fast-growing plant-based meat category with an investment in St Louis-based startup Hungry Planet, which makes soy- and wheat-based beef, port, chicken, crab and chorizo for foodservice and retail markets.
As consumers continue to gravitate to ecommerce for groceries and limit trips to retail stores, CPG companies will need to shift more of their advertising dollars to digital from traditional – but not all online marketing tactics and sales strategies...
PepsiCo and Beyond Meat will form The PLANeT Partnership to develop, produce and market beverages and snacks made from plant-based protein. PepsiCo says plant-based protein offers ‘a new frontier’ in its efforts to build a more sustainable food system,...
As the pandemic expands consumers’ definition of wellness to include not just physical fitness but also emotional welfare, they increasingly are seeking snacks that balance both – opening the door for products that are nostalgic and indulgent as well...
Roquette, a producer of plant-based ingredients for food, nutrition and health markets, biotech company BRAIN AG, and BRAIN Group company AnalytiCon Discovery have completed the R&D phase for the development of protein sweetener brazzein.
Spanish start-up Novameat has developed what it claims to be the biggest cell-based meat prototype in the world. FoodNavigator catches up with founder and CEO Giuseppe Scionti to talk R&D, investment, and collaborating with Michelin-starred Disfrutar.
JUST Egg, in partnership with sous vide foods manufacturer and distributor Cuisine Solutions, has expanded its plant-based egg portfolio with the launch of frozen sous vide egg bites rolling out to select grocery stores in March.
Coca-Cola with Coffee launches in the US today: championed by the brand as a 'true hybrid innovation that provides the perfect solution for that mid-afternoon pick-me-up, especially in today's work-from-home environment'.
Structured ‘super-expanding’ natural fibers that can capture fats and sugars in the stomach and prevent their absorption in the small intestine could help reduce calorie intakes and deliver digestive health benefits, claims the CEO of nutritional technology...
After appearing on ABC's Shark Tank last week, Quevos – an emerging brand making egg white-based chips – received an investment from Equilibra Partners Management, the family office of KIND Snacks founder, Daniel Lubetzky, to fuel its next phase...
Despite lingering uncertainty about the pandemic’s economic impact and the stickiness of new consumer habits developed in response to COVID-19 safety measures, new research from Deloitte finds most consumer product industry executives are optimistic about...
‘Waning demand’ caused by the coronavirus pandemic has resulted in luxury chocolatier Godiva announcing it will close all its retail outlets in North America and Canada by the end of March this year.
Grocery delivery firm Imperfect Foods has raised $95m in a Series D round led by Insight Partners and Norwest Venture Partners as it transitions from a regional delivery service focused on ‘ugly’ produce, to a national full-service grocer.
If high-tech reverse engineering has enabled a second generation of meat analogs that precisely mimic their animal-based counterparts, a third wave of plant-based innovation will meet demand for less processed, more culinary-inspired products featuring...
Closing out a fourth consecutive quarter of double-digit growth, US retail sales of organic produce were up 14.2% in 2020 compared to 2019, according to the Organic Produce Network's 2020 report.
President Joe Biden today is expected to take aim at the rising rate of food insecurity in the US during the ongoing pandemic by signing an executive order that will increase federal food assistance, including for those who currently receive the maximum...
Unilever is trialling its first ‘nano factory’, which operates within a 40 foot sea container to deliver flexible production lines that can be moved all over the world. “This trial is assessing a de-centralised production model,” one of the engineers...
The School Nutrition Association wants to permanently extend the US Department of Agriculture’s decision late last fall to offer all public-school students free breakfast and lunch through the end of the 2020-21 academic year “as an integral part of the...
Vancouver, Canada-based Eat Beyond Global Holdings has completed an investment in Above Food Inc.– a distributor of plant-based ingredients and finished products – adding the company to its publicly-traded portfolio of emerging alternative protein companies.
Private equity firm Vestar Capital Partners has made a majority growth investment into Dr. Praeger's Sensible Foods, which makes a range of frozen and refrigerated vegan and vegetarian burgers, sausages and nuggets, appetizers, and snacks.
Does ‘sorta sweet’ imply that a product is low in sugar? Or does it simply mean that it tastes ‘kind of sweet’ (as the maker of StraightUp Tea asserts in a bid to fend off a false advertising lawsuit)?
Israeli start-up Redefine Meat has pulled off the ‘world’s largest’ blind taste test for its 3D printed meat alternative. The taste test targeted meat-eaters and the results are in. The company secured over a 90% acceptance rate.
Swiss biotech company Evolva is launching a natural sugar blocker for food and drink applications. L-arabinose is also a reducing sugar, the company’s head of investor and corporate relations tells FoodNavigator.
While consumers will continue to seek comfort from familiar, nostalgic and often indulgent flavors as the pandemic drags on in the new year, they also will seek balance from functional ingredients offering health benefits and more adventurous flavors...
Sparked by the health crisis of COVID-19, personalized and active nutrition will be at the forefront of consumers' daily and long-term health goals in 2021, according to a new report from FrieslandCampina Ingredients.
Federal Trade Commission Chairman Joseph Simons announced his resignation yesterday, which begins the process of filling slots at the commission with Biden Administration appointees. A reformed FTC is likely to take a stronger line on consumer protection,...