American consumers have gravitated toward private-label brands during rising inflation, and big-name brands may have trouble winning them back after inflation eases, new research from Attest suggests.
The Israeli startup has put on hold the construction of what it described as the world’s largest precision fermentation plant as the company opts to ramp up production at an existing facility.
From Polish to Korean flavor mashups to low-alcoholic beverages, these are a few areas that CPG companies and tastemakers should be on the lookout for in 2023, according to a recent consumer trends report from flavor house Symrise.
Change is inevitable, and for most it is uncomfortable – but it isn’t necessarily bad given it can be a catalyst for tremendous growth, deeper connections and betterment, which is good news for the consumer packaged goods industry considering research...
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...
After The Coca-Cola Co. halved its brands during the pandemic, the beverage giant is ready to strategically rebuild its product portfolio with “consumers at the center,” a new marketing model, a higher bar for innovation and an eye on a much larger prize...
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...
FDA’s proposal that plant-based products can continue to be labeled as ‘milk’ but should also highlight how their nutritional value compares to their dairy counterparts has rankled stakeholders on both sides of the highly contested debate on what products...
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...
Kraft Heinz is entering the final stage of its transformation in which it plans to capture $2b in incremental net sales from innovation through 2027 after the company has systematically rebuilt itself following the dramatic fallout of an aggressive cost-cutting...
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...
Consumers pulled back on animal-based meat purchases in January after a slight uptick in sales and volume in December, likely related to holiday celebrations at home which for many Americans center around fresh meat, according to data from IRI crunched...
Consumers are demanding that the taste of plant-based meat match or exceed the taste of animal meat, setting a high bar for plant-based meat manufacturers to reach - but those who succeed may have the best chance of capturing the valuable flexitarian...
As 2023 comes into focus, CPG brands are addressing yet more changes to supply chains, marketing, and how they approach consumers, retailers, and the markets they serve, as shared in a recent IRI and Boston Consulting Group webinar.
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.
Plant-based dairy heavy-weight Miyoko’s Creamery is preparing for a new chapter without its founder and namesake at the helm after board members unanimously decided the company needs a leader with a different skillset to take the business to the next...
U.S. grocery retailers should be more empathetic toward their consumers at a time when shoppers believe both inflation and grocery retailer profits are significantly higher than they are in actuality, according to a new report from London-based dunnhumby.
Danone’s specialised nutrition business Nutricia has developed its first plant-based ready-to-drink medical nutrition supplement. Fortimel PlantBased Energy is the product of an intensive three-year R&I effort. FoodNavigator hears from Manuela Borella,...
Nestlé has reported its net profit fell to CHF 16.9 billion ($18.33 billion) in its full year results for 2022, with sales increasing to CHF 94.4 billion ($102.38 billion), missing forecasts for CHF 95.02 billion ($103.05 billion), despite price increases...
The Coca-Cola Co. plans to raise prices again in 2023 against some retailers’ calls to roll back increases, arguing it has “earned the right to price with the consumers” through enhanced marketing and an agile packaging approach that balances premium...
To help drive sales during National Snack Food Month (February), Cincinnati-based retail data science, insights and media company 84.51° has shared an assortment of snacking takeaways for retailers.
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...
Overall US food prices accelerated in January over December after steadily slowing month-over-month between September and December, but the opposite is true for food consumed at home, which cooled in January – continuing a trend that began in December,...
Alongside falling sales, volume and units, plant-based meat has slid into the trough of despair, also known as valley of disillusionment or sorrow, and while it is unclear if the category has hit bottom yet, many stakeholders already are looking for a...
The Organic Trade Association is calling for Congress in the next Farm Bill to further strengthen the supply chain and integrity of the organic program and support research and adoption of conservation and climate-smart programs, which it says will help...
Following in the footsteps of its competitors Field Roast and Lightlife, Tofurky announced its acquisition, along with its sister brand Moocho, by US-based tofu manufacturer Morinaga Nutritional Foods. This deal was “an expected move” for the third largest...
Unilever is placing its innovation and investment resource behind its biggest brands – and the result appears to be paying off. But does this approach suggest that disposals from among the group's band of roughly 400 smaller brands could be on the...
Through a combination of new flavor and product launches, boosting advertising and marketing, and integrating purpose throughout the organization, PepsiCo expects to build on a strong fourth quarter and deliver upwards of 6% organic revenue growth in...
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.
Kellogg will keep its iconic plant-based MorningStar Farms brand as part of its global snacking company rather than spin it off as a standalone business or sell it – backtracking on an idea floated by the CPG last summer when it revealed plans to split...
Against the grim backdrop of tumbling sales, units and volume for fresh and frozen alternative proteins, plant-based bacon is emerging as a bright spot – with sales inching up, thanks in part to innovative production techniques, like those championed...
Achieving pre-market authorisation to put cultivated meat on people’s plates is no easy feat. With different geographies handling the regulatory process in their own unique ways, we dissect how it works in the EU and Israel, and ask how these systems...
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.
A new partnership between a small business funding and research arm of the U.S. Department of Agriculture and Springtide Seaweed will help to address the challenges of broadening seaweed cultivation “beyond kelp” and into other seaweed varieties.
Fourth generation farmer and founder of the upcycled dried fruit snack producer The Ugly Company’s gamble to buy and retrofit an old dehydrating facility against early investors’ advice and despite limited cash and notable debt is now paying off after...
Tyson Foods remains optimistic about rebuilding the competitiveness of its chicken business, which includes its iconic eponymous brand, despite what the CEO called a “hit in the mouth” in the first quarter from weaker-than-expected demand for poultry...
January is the month of the year when the low and no alcohol category really has a chance to shine. So what have we learned about the direction of the category this year? Here’s five takeaways from Drynuary.
FDA will allow a very narrow set of claims linking cocoa flavanols in high flavanol cocoa powder and reduced risk of cardiovascular disease following a petition from Switzerland-based chocolate and cocoa product manufacturer Barry Callebaut AG.
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...
