Nestlé officially inaugurated its Lausanne, Switzerland-based research institute, Institute of Agricultural Sciences, to improve agricultural sustainability throughout its supply chain.
California-based meat snack brand Cattaneo Bros. is looking to expand its physical and digital footprint by meeting rising consumer demand for better-for-you snacks and animal welfare, brand CEO Katelyn Kaney told FoodNavigator-USA.
Following a successful seed round last year, foodtech startup Lypid is ready to take its plant-based fat technology to a larger audience with the release of a whole-cut, plant-based pork belly, designed to meet the demand for healthier meats, brand founders...
Kraft Heinz’s recently launched HomeBake 425/:30 enters the frozen convenience category while playing to rising nostalgia for comfort foods like chicken parmesan, homestyle mac & cheese and cheesy broccoli.
Alt protein and related ingredient companies should consider how diversifying their manufacturing processes, including precession fermentation, could create more growth opportunities through upcycling, market manager at manufacturing equipment company...
The Quaker Oats pancake mix and syrup brand is inviting eligible nonprofit organisations to apply for a chance to receive a grant of up to $100,000 to develop and grow meaningful programmes that make an impact within their communities.
Protein giant Tyson Food’s branded foods business, including Hillshire Snacking, Jimmy Dean and Ball Park, was a bright spot in an otherwise “tough” second quarter marred by supply and demand imbalances, ongoing high costs and reduced consumer spending.
The cost of canned food and products could increase by 30% and upwards of 40,000 US manufacturing jobs could be cut if the International Trade Commission greenlights a proposal to impose hefty tariffs on imported tinplate steel from eight countries, argues...
Cereal giant Post Holding’s better-than-expected second quarter in which net sales and margins increased significantly reflects higher prices, a near-return to pre-pandemic market performance and an aggressive M&A strategy that expands the company’s...
Kellogg’s “stronger than anticipated” first quarter in which the company saw double-digit organic net sales and adjusted operating profit growth not only places the company in the “enviable position” of raising its full year guidance, but suggests it...
California-based dairy producer Clover Sonoma is meeting demand for flavored and lactose-free milks with three new flavors (Chocolate, Strawberry, and Vanilla) of its Clover the Rainbow Milk with a Splash of Flavor product, Meg Sutula, VP of marketing...
Even as plant-based dairy newcomer Armored Fresh prepares to roll out is innovative Almond Milk Cubes and American Slices at select Kroger stores next month and nationwide through its recently unveiled online storefronts, the food-tech company continues...
To change the food and beverage industry from the inside, former first lady Michelle Obama announced at the Wall Street Journal Future of Everything Festival this week the launch of better-for-you kid’s brand PLEZi Nutrition, where she will serve as a...
Kraft Heinz expects to gradually regain lost market share in the US, which tumbled 30 points on a mix-adjusted basis in the first quarter, by selectively working with retailers to boost shelf space, ramping up marketing and innovation, and tackling lingering...
As criticism around ultra-processed food builds, a panel of nutritionists and food engineers argue the practice has huge potential in producing safer and environmentally sustainable nutrition to the masses.
With higher interest rates and investors being more cautious on where they put their money, many plant-based food and beverage start-ups are going back to business basics of creating a sustainable business model while continuing to find new ways to innovate...
Sprouts Farmers Market’s decision to pull back on promotions and cater instead to less price-sensitive shoppers who follow specialty diets and are more health-oriented once was considered risky but now is paying off.
A “massive” repeat purchase rate of 74% direct-to-consumer and 54% at retail combined with healthy margins and strong “no f***ing way” factor helped food-tech startup Hero Bread secure $15m in series B funding despite the challenging economic environment.
As the agriculture industry continues its mission of feeding the world's growing population amid climate change, the entire supply chain is coming together to boost regenerative farming practices, creating an opportunity for the plant-based foods...
FDA is reopening the comment period for draft guidance on labeing plant-based milk at the request of several stakeholder groups, but comments already submitted reveal a wide rift between dairy and plant-based players about how best to describe non-dairy...
AB InBev’s sustainable ingredient business, EverGrain, said it’s poised to disrupt the performance beverage category this year with the launch of two products that use EverPro, a barley protein made from upcycled brewer’s spent grain.
As a new anti-ESG era emerges, food and beverage businesses that set ambitious goals to reduce their environmental footprint, improve worker livelihoods, diversify leadership or enhance accountability could find themselves stuck between a rock and a hard...
Plant-based manufacturers and ingredient suppliers are investing heavily in crop development and fractionation as well as technical and mechanical innovations to improve the taste, texture, nutrition and cost of their products in an effort to woo more...
Hershey's net sales increased 12.1% to $2.98bn thanks to price and volume gains across both confectionery and salty snack segments, driven heavily by consumer demand and media investments.
Biscuit and chocolate giant Mondelez International nearly doubled its outlook for fiscal 2023 after delivering its “best quarter ever” with organic revenue growth up 19.4% to $1.5bn over the same period last year and “significantly ahead of [an] already...
The brand’s line of canned plant-based fish and crab align with plant-based and seafood shoppers' desire for shelf-stable and easy to prepare ingredients.
Nestle’s near double-digit price hike across its portfolio of coffee and confections over the past three months helped buoy sales and offset a notable jump in costs without significantly dragging down volumes, prompting executives and analysts to characterize...
While most consumers are willing to buy animal-free dairy made with precision-fermentation, a sizeable portion are either unsure or unwilling to try it – revealing a potential stumbling block that if left unaddressed could be just as damning for the nascent...
The new $500 million Sustainability Bond offering will help Mars fund projects that contribute to a more sustainable future, and represents another milestone in the company’s journey to meeting its science-based targets set as part of Mars’ Sustainable...
As food and beverage companies look to allocate capital in the coming year, many food and beverage manufacturers are taking a moment to reflect on how best to move forward with alternative meat production while investing heavily in ESG-related infrastructure...
The Federal Trade Commission should update its “Green Guides” to clarify the proper use of climate change claims, such as “net zero” and “carbon negative,” which have proliferated in recent years to meet rising consumer interest, but which are not standardized...
A new partnership between the US Department of Veteran Affairs and the Rockefeller Foundation will test the impact of fresh fruits and vegetables on veterans’ health, and could help build the business case for more health care systems and insurers nationwide...
PepsiCo beat Wall Street expectations for its first quarter 2023 earnings due to strong margin growth while backing off potential future price increases to combat inflation and other supply chain issues, the company's Chairman and CEO Ramon Laguarta...
Coca-Cola Co.’s North American margins “reached toward a new high watermark” in the first quarter of 2023 observed one market analyst during the company’s quarterly call yesterday – a better-than-expected outcome that leadership attributed to higher prices...
Organic seaweed snack maker gimme continues sustainable initiatives through its partnerships in Korea and developing bold flavors and new convenience channels with eco-friendly packaging.
CPG food and beverage brands need to focus on three key business activities to survive the current economic climate, including marketing and innovation basics, cost-cutting measures and capital diversification, a panel of food and beverage experts shared...
After three years of innovation-stifling supply chain and labor challenges paired with record high inflation and a trying economy that has discouraged both investors and adventurous shoppers, food and beverage manufacturers are finally ready to prioritize...
Sales of plant-based dairy, including milk, cheese and yogurt, continue to grow at a rapid clip despite challenging macroeconomic and market conditions, but units in some categories are dipping slightly, according to recently released SPINS data, raising...
Bipartisan legislation reintroduced in the Senate this week could “unlock the imperative data” CPG companies need to meet longstanding sustainability goals, including using more recycled content and less virgin material in their packaging, according to...
Positioning cell cultured meat as a critical climate mitigation solution could help the nascent industry unlock much-needed additional funding – and engage a more diverse set of investors – at a time when traditional resources are ebbing and competition...
Non-alcoholic beverage brand Drink Monday is using recent crowdfunding to expand its retail presence, meet the demand for non-alcoholic drinks and spirits, and navigate the tighter capital market, the brand’s new CEO Ken Young told FoodNavigator-USA.
Food and beverage brands and retailers likely will not see any time soon a rebound in inflation-supressed units and volumes across categories despite the Labor Department reporting a dip in grocery prices in March for the first time in more than two and...
Through a suite of virtual and augmented reality activations launched this week, KIND Snacks is breaking down for mainstream Americans the complicated concept of regenerative agriculture and the real-world environmental impact of its latest sustainability...
Since kick-off in 2019, PeaTos has experienced explosive growth and received widespread acclaim thanks to its innovative approach to snacks – adding better-for-you nutrition to popular offerings – and marketing – debunking the junk and challenging the...
Plant-based company Zurvita is blending the energy-boosting properties of coffee with functional brain health benefits in its latest instant coffee Zurge, as the brand looks to expand its presence in both these categories, Ideneth Vega, SVP of strategy,...
