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...
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 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...
For all the talk of higher interest rates and tighter capital, large CPG food and beverage brands are still acquiring brands to bolster their portfolios, especially in beverages and the better-for-you category, John Siegler of BMO Capital Markets shared...
Globally, the consumption of animal source foods including meat, eggs and milk can help to reduce stunting, wasting and overweight amongst children, according to a new UN report.
Partnership for a Healthier America’s Food Equity Opportunity Map uses census, income and health data to determine food accessibility in U.S. communities, and could help CPG companies finetune marketing at the zip code level for a bigger impact.
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...
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...
A new report from Swedish-Swiss packaging company Tetra Pak revealed high levels of consumer support for sustainable packaging. However, due to supply chain issues and high prices, many companies are nevertheless struggling to implement changes to their...
Natural Prairie Dairy uses a slurry-processing system that leverages vapor compression to turn cow slurry into three useful by-products. “Adopting a fully closed-loop system has allowed us to become more self-sufficient in a tumultuous market.”
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...
As the demand for sustainable products grows, CPG food and beverage brands in the dairy, deli, and bakery space could innovate around sustainability claims to boost brand loyalty, Sherry Frey, VP of total wellness at NielsenIQ, shared during an International...
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...
The Federal Trade Commission should withdraw or “at the very least narrow the scope of its proposed ban on non-compete agreements” to exclude those between businesses and executive-level or “highly skilled workers,” urges FMI, The Food Industry Association....
Popular fruit-on-the-bottom and cup-set yogurt styles can remain on the market in the US after FDA late last week amended the yogurt standard to eliminate a controversial titratable acidity requirement at the behest of the International Dairy Foods Association.
The no-code electronic data integration software offers automatic compliance testing, certification services and onboarding amenities to connect food and beverage brands with a network of trading partners.
Just as retail consumers are shifting their in-store behaviors in response to inflation, many are also changing what they put in their digital baskets, often opting more for private labels, which is creating pressure on grocers to change how they leverage...
Millets may be relatively little known in the Global North currently, but the small, nutrient dense and drought-resistant grains (well, technically seeds), could be poised to become the next quinoa with the power to turbo-charge sales of CPGs featuring...
Retailers investing in private label to cater to consumers trading down as inflation rises, simultaneously are looking to offset lower dollar sales with a broader selection of premium offerings that can boost basket rings – creating an opportunity for...
The FAO and WHO have debunked four key misconceptions and concerns surrounding cell-based meat, spanning tumour risk to a negative impact on the microbiome.
Many consumers are ditching pizza takeout and dine-in experiences and opting for frozen pizzas as they look for products that resonate with their sense of convenience and value, Dana Baggett, client strategy for Vericast, told FoodNavigator-USA.
As consumers look for quick energy boosts or moments of indulgences throughout their day, they are driving the snack market to new heights, while simultaneously becoming more critical of what they buy and trading down from premium brands to smaller sizes,...
Bringing back a nostalgic food and beverage brand "is about relaunching smartly," explained Purvi Shah, assistant professor of marketing, Worcester Polytechnic Institute.
Startup Liberation Labs is one step closer to easing crippling capacity constraints holding back precision fermentation – one of the most promising technologies in the fast-growing alternative protein market – with an infusion of $30m in equipment financing...
Did you know there are six official classes of wheat? That each tiny wheat berry seed (the kernel) contains three distinct parts that are separated during the milling process to produce flour? That wheat made into fortified flour is subjected up to 21...
While plant-based seafood represents only a small fraction of the plant-based realm at $12m in revenue in 2022 versus dairy at $2.7b in the same period, according to NielsenIQ, there is still hope for it to make a splash as inflation pushes consumers...
PepsiCo is sharing lessons learned from two and half years of its PepsiCo Positive (pep+) initiative with its retail and foodservice partners through a new platform to boost sustainability across the value chain, Marianne Ross, senior director of commercial...
The fintech platform, along with the Global Entrepreneurship Network, intends to help small to medium-sized businesses access capital with the launch of the Equitable Access Program and its first product, the Business Health Score.
With consumers increasingly becoming more health-conscious, personalised nutrition apps are everywhere. A multitude of apps give people nutritional advice, helping them to optimise their diet and become healthier. One such app, Youniq, uses AI technology...
Grocery prices may finally be falling after stubbornly going up for more than two and a half years even as annual inflation across other categories and overall have dropped in recent months, according to the most recent data from the Labor Department....
Israel-based MadeRight is leveraging fungi fermentation technology to turn ‘waste into gold’. Its innovative material addresses the performance ‘trade-offs’ inherent in sustainable packaging, co-founder Rotem Cahanovitc tells FoodNavigator.
Navigating a post-pandemic life has pushed consumers towards re-establishing their relationship with their overall health, including mental health, according to Hartman Group’s The Great Wellness Reset survey.
Ingredient supplier ADM and cultivated meat pioneer Believer Meats are joining forces to accelerate development and commercialization of cultivated meat products with a focus on improving the taste, texture, color and other consumer relevant characteristics...
Iconic cheesemaker Bel Group and biotech startup Climax Foods are teaming up to create the next generation of “best in class” plant-based cheese that they say will be indistinguishable from their dairy counterparts with “zero-compromise” on taste, texture...
Cell-based food producers, regulators and stakeholders should proactively and transparently address safety concerns about their products and processes now – before they hit the market – or else risk losing in the court of public opinion, cautions the...
As consumer interest in food as medicine rises, Albertsons is helping shoppers connect the dots between well-being, diet and the types of food and products that support their health goals with the launch of a new digital wellness platform within its grocery...
C-suite leadership should focus on sales and marketing in a value-driven market, rather than remain overly-focused on operations, according to Chief Outsiders' recent survey.
Restructuring FDA to create a new human foods program that elevates the safety and oversight of the US food supply will not adequately address the concerns outlined in the Reagan-Udall’s audit of the agency without a significant boost in funding and dedicated...
The dreaded question of what to cook for dinner or what to eat next isn’t just challenging for consumers, it is high stakes for retailers, which risk shopper loyalty, lost sales, food waste and more if they predict the wrong answer and fail to stock the...
