All news articles for January 2023

Euromonitor cracks the lid on canned seafood TikTok craze

Euromonitor cracks the lid on canned seafood TikTok craze

By Ryan Daily

What’s old is new … or so the saying goes. And for canned seafood products, they might be the newest/oldest thing on the block, with sales increasing 9.7% to $2.7 billion in 2022, as Euromonitor International senior research analyst Miri Eliyahu recently...

Hain Schumacher, incoming Unilever CEO / Pic: Unilever

Who is Unilever’s new CEO and is split and spin back on the table?

By Katy Askew

Unilever has named Royal FrieslandCampina boss Hein Schumacher as its new CEO. Could this mean that a spin-off of the group’s food businesses could be back on the menu? Or does Schumacher’s strong grounding in food and nutrition suggest the internal impetus...

Rise: Stacy’s Pita Chips starts the year on a high note for women

Rise: Stacy’s Pita Chips starts the year on a high note for women

By Gill Hyslop

The female-founded snack brand – now a PepsiCo brand – furthers its legacy of empowering women entrepreneurs with a new cohort of Project winners and showcasing Rise – created in collaboration with Reese Witherspoon’s media company Hello Sunshine and...

Getty Images / skynesher

Drumroll, please… waiting game continues to plague CBD industry

By Danielle Masterson

Rumors about a big FDA announcement began swirling earlier this week, with the industry bracing for a potential end to a five-year wait on the regulatory future of CBD. But, much like the last few years, CBD professionals were left waiting without answers,...

Alt protein brand Meati Foods spreads its roots, opens ‘Mega Ranch’

Alt protein brand Meati Foods spreads its roots, opens ‘Mega Ranch’

By Ryan Daily

With the opening of a new facility, dubbed the “Mega Ranch,” fungi-based startup Meati seeks to place its mushroom-root-based, sliced meat product in “tens of thousands of stores” in 2023, company co-founder and CEO, Tyler Huggins, told FoodNavigator-USA

Pic:getty/johnathanknowles

What’s next in RTD coffee?

By Rachel Arthur

Gen Z consumers are more likely to drink RTD coffee than hot coffee – and as brands respond, the category is expanding and developing. We explore what’s trending in RTD coffee – and where the category could go next.

Source: Getty/Janine Lamontagne

Soup-To-Nuts Podcast: Emerging demand for positive nutrition must balance functional benefits, taste, sustainability and convenience

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...

Vita Coco shares next steps for coconut brand at ICR

Vita Coco aims to take brand, coconut water to the next level

By Ryan Daily

In the 20 years since the coconut water brand Vita Coco has been around, it has evolved from a start-up to a publicly traded company with about $380m in annual net sales. But like many food and beverage start-ups turned publicly traded companies, Vita...

© BartekSzewczyk / Getty Images

Sleep supplement sales contract after two boom years

By Stephen Daniells

After growth of 40% and 22% in 2020 and 2021, sales of sleep supplements contracted in 2022 with the numbers offset by inflation, but unit sales shrank even more, according to data from SPINS.

Even 'just the one' drink involves risk, says the new Canadian guidance. Pic: getty/happy photon

New Canadian drinking guidelines call for stricter alcohol policies

By Rachel Arthur

A Canadian report on health and alcohol suggests health warnings, minimum unit pricing and stringent advertising restrictions for alcohol should be implemented in the country: as it delivers its message that ‘no amount or kind of alcohol is good for your...

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