The Real Good Food Company, which makes lower carb, higher protein, gluten- and grain-free versions of frozen comfort foods, has exceeded growth expectations and raised its guidance for the full year.
Good Good, an Icelandic breakfast brand of no-sugar-added products, has closed a $20m Series B funding round which will help support new low-sugar product innovation and future US product distribution.
While even the analysts downgrading Beyond Meat’s stock in the wake of grim Q1 figures believe meat alternatives are “not a fad” (to quote Brian Holland at Cowen), the brand’s slowing sales and elevated costs have prompted some soul-searching about why...
While the proportion of Americans who say they have purchased groceries online over the past 12 months has declined, slightly more consumers say they now do ‘most’ or ‘all or almost all’ of their grocery shopping online, according to Coresight Research’s...
Being an entrepreneur can feel desperately lonely – especially in the early days when budgets are tight, days are long and challenges crop up constantly – but as romantic as the idea of buckling down and becoming ‘self-made’ may be, few founders actually...
With food-at-home prices in April 2022 up a staggering 10.8% vs April 2021, consumers are beginning to change their behavior. FoodNavigator-USA caught up with K. K. Davey, president of client engagement at IRI, to find out what he’s seeing in the data.
Food prices likely will remain stubbornly high as the cost of key ingredients, packaging materials, transportation and warehousing paid by producers continues to rise, albeit at a slightly slower pace – sparking optimism among some that high inflation...
Daily tea consumption should be recommended in the upcoming 2025-2030 Dietary Guidelines for Americans, argue scientists and industry stakeholders who point to its safety and a growing body of research supporting health benefits from the Camellia sinensis...
Vita Coco now commands a 50% share of the coconut water category and has grown household penetration of its brand to 11%, a strong indicator that consumer demand for coconut water remains elevated with plenty more runway, said Vita Coco co-founder and...
SpoonfulONE, a line of nutritional products that introduces babies to 16 food allergens at the beginning of their feeding journey, has expanded distribution to nearly 5,000 Walgreens stores nationwide helping make early allergen introduction a common...
Mondelēz International has announced a major review of its business with plans to sell its gum business, including Dentyne and Trident, in North America and parts of Europe, while retaining it in emerging markets.
Despite its grim near-term figures, Beyond Meat’s long-term prospects are good, insisted CEO Ethan Brown on the firm’s Q1 earnings call Wednesday as analysts queried how much longer the plant-based meat firm would have to speculate before it started to...
From a wave of ultra-low sugar yogurts and zero sugar dairy milk, to a new generation of animal-free cheese, ice cream, and creamers made with ‘real’ dairy proteins (minus the cows), the dairy aisle is evolving rapidly.
Rising food prices slowed slightly in April over the prior month, according to the Bureau of Labor Statistics April Consumer Price Index released today, but they continue to climb at a brisk pace that is significantly faster than all items, allowing them...
PepsiCo is working alongside academia and other partners to develop our understanding of the oat genome for use in open-source applications. The company believes this can unlock gains in the fields of health and sustainability.
In FoodNavigator-USA's latest roundup of new product launches, we include an eclectic mix of new products, from ‘on-the-go’ prebiotic fiber blends and Lavazza coffee in cans, to plant-based scrambled egg, ice cream sandwiches, and cheeseballs.
Brazilian plant-based meat firm Future Farm is steadily making inroads into the crowded plant-based meat category in the US, where CEO Alexandre Ruberti still sees runway for growth.
UK start-up WNWN Food Labs is launching what it claims to be the ‘world’s first’ cacao-free chocolate. Made from two ‘hero ingredients’ – barley and carob – we ask co-founders Arhum Pak and Dr Johnny Drain what makes their product better than the real...
As organic continues to go mainstream with broader reach outside of the natural channel where it began, it faces increased competition from other attributes and production methods as well as skepticism about the certification’s veracity and value, new...
The US Food and Drug Administration has detailed how it aims to increase the availability of infant and speciality formulas, as shortages on shelf are tied to higher demand and a recall of some Abbott Nutrition products.
While many consumers report struggling with product shortages and delays in online orders along with mounting concerns over inflation, demand for groceries “tends to be relatively inelastic,” according to Morning Consult, which has just surveyed 1,000...
As labor challenges continue to hold back Tyson Foods' ability to meet heightened demand, the firm is doubling down on efforts to become the ‘most sought-after place to work,’ while simultaneously investing in automation to relieve staffing needs.
As government stimulus abates, consumer savings rates are beginning to dip below pre-pandemic levels just as food prices are rising due to inflation – driving demand for less expensive private label products and helping to boost TreeHouse Foods’ net sales...
Online grocery activity declined across the board last month in three main segments including pickup (in-store, curbside, lockers, etc.), delivery (first and thirst party providers such as Kroger, Instacart, Shipt), and ship-to-home (parcel carriers including...
Monster Energy reported a strong increase in net sales for Q1 2022 as it steadily works to stabilize its business against rising supply chain costs, but remains bullish on the market and consumer demand for its energy drinks portfolio.
More consumers are factoring sustainability into their purchase decisions, according to data from NielsenIQ, but effectively and efficiently communicating a product’s environmental impact in less than the 10 seconds most shoppers spend deciding what to...
Batting many of the same macro headwinds as the rest of the industry including continued inflation, supply chain disruptions, and ingredient and packaging shortages, Hain Celestial maintains a positive outlook on its North American business where consumer...
Kellogg is steadily, and more quickly than anticipated, recapturing lost distribution and market share in the US cereal market after a factory fire and drawn-out strike last year depleted supply and left it unable to meet demand for all its beloved breakfast...
As a 100+-year-old company of some of the most well-known CPG brands, Mars Inc. sees innovation as the driving force behind the company's next chapter of growth and the key to maintaining consumer relevancy.
There is no silver bullet that will singularly transform the economics of cell-cultured/cultivated meat, but technology developed by Israeli startup ProFuse Technology that dramatically speeds up the muscle fiber production process and enhances production...
As higher prices due to inflation continue to squeeze consumers’ budgets, shoppers at Spouts Farmers Market are beginning to pull back on spending, opting for “slightly fewer units in the basket” – prompting the retailer to reconsider its in-store experience...
Oatly's US revenues surged 40.3% to $47m in Q1, 2022, said the Swedish oatmilk maker, which claims Oatly is now the “fastest turning national brand in the entire US milk category [dairy and plant-based] with significant distribution upside,"...
FDA came down hard on purveyors of Delta-8 THC and CBD products that were making disease claims on the substances. The Agency also reiterated the reasons it believes Delta-8 is not a suitable ingredient for products marketed as supplements.
Herbalife’s stock price took a tumble after the company announced disappointing earnings yesterday. Continuing pandemic issues and global inflation hurt the company’s bottom line.
Dairy innovation that delivers added-value is becoming increasingly important as inflation rises and shoppers look to justify higher prices for products across the board – including for staples, such as dairy, that previously may taken for granted their...
IFF has launched SEAFLOUR, a hydrocolloid from red seaweed with particular potential in higher-protein plant-based milks made with pea or soy, enabling formulators to offer cleaner labels and shorten their ingredients lists.
Food & beverage class actions surged in 2021, driven in part by a tsunami of cases over heavy metals in baby food, but judges are wearying of cases that assume consumers have zero common sense, according to a review by law firm Perkins Coie.
Coca-Cola owned ultra-filtered milk brand fairlife has agreed to step up animal welfare oversight at supplier farms as part of a $21m agreement to settle a series of lawsuits filed in the wake of allegations of animal abuse at former ‘flagship’ milk supplier...
After two years of focusing internally to navigate pandemic-related supply chain, labor and other challenges, Keurig Dr Pepper will begin to look outward once again for inorganic opportunities, including mergers & acquisitions, partnerships and minority...
Hershey’s higher-than-expected sales and market share gains in the first quarter is a double-edged sword for the confection and snack company – allowing it to raise its full year guidance but simultaneously straining inventory and increasing the company’s...
More work is needed to tackle heavy metals in foods & beverages, especially those consumed by young children, but we shouldn’t throw out the baby with the bathwater, said food industry executives at a public meeting held as the FDA issued new action...
Kraft Heinz is reimaging its approach to food production and marketing to help offset inflation and increase value for consumers as they begin to consider their budgets and purchase priorities more carefully as prices across categories rise.
Undeterred by a drop in Internet searches in North America for ‘keto’ and ‘ketogenic’ that might suggest declining interest in the high-fat, moderate-protein and ultra-low-carb diet, many packaged food manufacturers appear to be doubling down on the claim...
For many avid followers of the keto diet, compromise – be it in convenience, taste or simply going without – is an unwanted and unavoidable tradeoff for their health goals; but it doesn't have to be, especially first thing in the morning, according...
Russia’s ongoing invasion of Ukraine is taking a toll on major CPG companies, including PepisCo and Mondelez, both of which reported a hit to annual profits yesterday due to restricted production and sales in the countries and surrounding area as well...
After taking a hit early in the pandemic, sales of impulse purchases are beginning to rebound – but they look different now than before the outbreak as brands and retailers redefine the category to better align with consumer needs and lifestyles reshaped...
