Nestlé’s nine-month sales for 2020 and Unilever’s third-quarter trading statement illustrate the revitalised consumer demand for staples and comfort foods, once feared to have fallen out of fashion.
It sounds obvious, but you’d be surprised how many brands get this wrong, says David Lemley at brand consultant Retail Voodoo: If you’re developing and marketing products for kids, “You always need to age up.”
With oatmilk muscling ahead of soymilk to become the #2 player in the plant-based milk category, SunOpta is aggressively building capacity to meet growing demand, with a new oat extraction facility in Alexandria, Minnesota, due to come online in the fourth...
After its first experiment producing meat on the International Space Station a year ago, cultured meat company Aleph Farms has announced its new ‘Aleph Zero’ programme, which aims to accelerate ‘extra-terrestrial food production’.
By adding healthier sides that are more prominently featured in marketing alongside more nutritious beverages, McDonald’s is chipping away at its goals to offer – and sell – more balanced Happy Meals with simplified ingredients, and less saturated fat,...
While the ongoing pandemic has caused many venture capitalists to hit pause or slowdown, other investors and even consumers increasingly are interested in supporting growing businesses and diversifying their portfolios as illustrated by a surge in crowdfunding.
It’s not sharing launch dates, but Impossible Foods is making progress on developing egg alternatives and a milk that “is better than anything that comes from a cow,” company execs told reporters during a call outlining plans to double the size of the...
Albertsons Companies saw total revenue grow 11.2% to $15.8bn during Q2 2020 (12 weeks ended Sept. 12, 2020) driven by strong digital sales growth (+243%) and a growing base of loyal consumers who are gravitating towards the retailer's private label...
Hydroponic farmer BrightFarms has raised $100m+ in debt and new equity capital via a Series E funding round led by Cox Enterprises and supported by Catalyst Investors. The deal – which brings BrightFarms’ total funding to more than $200m - gives Cox a...
In a withering opinion published Sunday, a federal judge struck down a Final Rule pushed by the Trump administration that would have severely reduced or eliminated nutrition assistance to more than 1 million Americans during and after the pandemic.
Cacao currently may be most prized by manufacturers and mainstream consumers for its beans to make chocolate, cocoa and cocoa butter, but the fruit and shell surrounding the bean also are packed with nutrients and potential, which famed chocolatier Oded...
Plant-based egg firm Eat just will open its first Asia manufacturing site in Singapore after securing a US120m partnership with a consortium led by Proterra Investment – with the two outfits also discussing opportunities in the cultured meat space.
The FDA – which recently said allulose does not have to be listed as added or total sugar on food labels – is now inviting comment on whether other sugars that are not metabolized in the same way as traditional sugars (such as isomaltulose and D-tagatose)...
Heavily influenced by the COVID-19 pandemic, Whole Foods Market has unveiled its top 10 food trends for 2021, which include revitalized “epic” breakfast meals and culinary-inspired baby food, to growing consumer adoption of fringe cooking oils and food...
