Equii (formerly Cella Farms) - a startup founded by two food industry veterans using fermentation to create lower carb, high-protein grain flours - has raised $6M in seed funding in a round* led by Khosla Ventures as it gears up to launch its first product:...
Plant-powered culinary brand Wicked Kitchen has raised $20m in bridge funding from backers including actor and vegan activist Woody Harrelson, Ahimsa VC, and NRPT (Thailand's leading food producer and innovator).
Year-over-year online grocery sales slipped slightly in August 2022 vs. August 2021, but research from Brick Meets Click/Mercatus shows a dramatic increase in online grocery shopping behavior over the past three years.
By using a patent-pending algorithm to pair and assess physiological responses to stress and diet tracked by smart watches with psychological data gathered through an online quiz, food-tech start-up myAir has found a way to overcome one of the biggest...
Santiago-based NotCo - which claims to offer superior products in the alt meat set through the use of an artificial intelligence platform called ‘Giuseppe’ - is gearing up to enter the increasingly crowded US plant-based chicken category with NotChicken,...
Functional beverage brand Recess (tagline: ‘We canned a feeling’) has picked up a flurry of new accounts for its magnesium- and adaptogen-infused Recess Mood sparkling beverage line, and predicts it will increase distribution from 4,000 to 8,000 stores...
As consumers navigate rising inflation, out-of-stocks due to lingering supply chain and labor challenges and contemplate the potential impact of their purchases on the environment and workers, they are more willing to push aside old loyalties and try...
Days after suspending COO Doug Ramsey following an alleged assault, Beyond Meat says chief supply chain officer Bernie Adcock – who joined the beleaguered plant-based meat co with Ramsey in December 2021 from Tyson Foods – has informed bosses of his plans...
After years of a slow build, Dewey's Bakery is entering national retail accounts where it can reach consumers in search of permissibly indulgent snacks with its line of thin crispy cookies that deliver on taste without breaking the caloric bank.
The US coffee market is now entering its fourth wave driven by Gen Z's 'easy-going' approach to coffee and surging demand for at-home specialty coffee drinks, according to Mintel.
A value-added success story in a category that has been in steady decline for years, ultra-filtered milk category pioneer fairlife - which became a billion-dollar retail brand in 2021 - is now reaching a quarter of US households, says the Coca-Cola-backed...
General Mills is gaining market share and driving higher sales despite ongoing supply chain challenges and price hikes thanks in part to strategic investments in brand building and digital consumer engagement, including through a new rewards program,...
Perfect Day – which pioneered the production of ‘animal-free’ dairy proteins using microbes instead of cows – has announced a new brand identity for its enterprise biology business, nth Bio, and unveiled its first publicly-announced partner: Finnish startup...
The “extreme obstacles” that food retailers have navigated the last few years will likely become “even more complex” in the coming year as unpredictable inflationary pressures, ongoing supply chain and labor challenges along with global unrest continue...
It’s been a “rollercoaster year” for meat alternatives, acknowledges Quorn Foods USA president Judd Zusel. But flagging sales in some parts of the market do not mean we should throw the baby out with the bathwater.
Barely registering in the US plant-based milk category five years ago, oatmilk now occupies the #2 spot in the retail market behind almondmilk in a subsegment with offerings from deep-pocked multinational beverage and dairy companies to pure-play plant-based...
The FDA’s stance that CBD is not legal as a dietary ingredient as it was first investigated as a drug has not hindered consumer interest in CBD-infused food and beverage products, claims Matt Oscamou, co-founder of CBD sparkling water brand Weller, which...
Precision nutrition: What is it? And could it be a gamechanger that could move the needle on public health, or is this just about pricy biomarker testing kits and apps enabling a small group of affluent and highly engaged consumers get even more granular...
Where’s the smart money in food tech? Tackling food waste? Precision nutrition? Cell-cultured meat? And where can investors have the biggest impact on human and planetary health… and make a return? FoodNavigator-USA caught up with Nadav Berger and Yoni...
Rising food prices may have slowed slightly in August, but the year-over-year increase continued to rise higher into the double digits than it has in more than 40 years, according to new data from the Department of Labor.
New York-based indoor farming firm Gotham Greens has raised $310m in a series E round* bringing its cumulative funding to $440m since 2009. While the sums are pretty jaw-dropping, the hydroponics firm has demonstrated it can make money and deploy its...
The long-term imperative driving meat alternatives is clear: We only have one planet, with a growing population and finite resources, and raising animals to feed them all just takes up too many of them, says Tom Mastrobuoni, chief investment officer at...
Knowing entrepreneurs often dramatically underestimate the time it takes to validate their business models, are more likely to lose money or break even than make a profit and face abysmal failure rates, one successful founder is offering a helping hand...
What is a snack? A treat, a mini-meal, a mid-afternoon pick me up? What do consumers look for – and avoid - on labels, and how has the pandemic influenced eating habits and snacking behaviors?
Wicked Kitchen – a plant-powered brand with a distinct culinary bent developed by chefs Derek and Chad Sarno – has acquired plant-based seafood brand Good Catch (also founded by the Sarno brothers), which CEO Pete Speranza says is “100% accretive” and...
Forsea Foods has developed cell-cultured fish leveraging its patented organoid technology. FoodNavigator hears how this novel approach is simplifying the process of growing animal cells in bioreactors and assembling them into whole cuts and fillets.
“I see all these emails going around saying once the [2018] Farm Bill passes, CBD is legal in all 50 states… and that’s just not true,” observed one attorney in December 2018. Four years later, while a lot has changed, the FDA maintains that CBD is not...
Have we reached peak alt-meat? Or is the weakening performance in US retail merely reflective of inflationary pressures (plant-based meat is more expensive than conventional, although the gap is narrowing) and well-publicized issues at some of the publicly-listed...
From Reishi to Lion’s Mane, medicinal mushrooms are gaining traction in foods, beverages and supplements, buoyed by interest in ingredients that may support immunity, mood and cognition. FoodNavigator-USA caught up with California-based organic mushroom...
Sacred Serve, a Chicago startup making non-dairy gelato using upcycled coconut meat as its star ingredient, is expanding to Whole Foods stores nationwide where it aims to set a new standard for the category.
Every day Americans drink an estimated 517 million cups of coffee, according to the most recent consumer research from the National Coffee Association, which found that while nearly one in five savor a classic black cup with no adornments, the percentage...
Offering great value for money and some sustainability bona fides (low food waste/easy recycling), the canned food aisle has obvious attractions, especially if you're on a tight budget. But it’s not exactly the place you go to discover exciting new...
Hain Celestial had a tough fiscal 2022 year but has a positive outlook on its North American business as supply chain disruptions abate and consumers remain loyal to the natural and organic segment.
While weakening retail sales and grim quarterly earnings from some publicly listed players have prompted intense debate about the future of meat alternatives, the “crisis of confidence” this has prompted has overshadowed the fact that amid all this noise,...
Coca-Cola has named Jennifer Mann as the new president of the company's North America operating unit, replacing Alfredo Rivera, who will be stepping down on Dec. 31.
A new study – published a month after the World Health Organization (WHO) sounded a cautionary note about the long-term effects of zero-calorie sweeteners such as sucralose and saccharin – suggests some diet sweeteners are not inert and can alter the...
Still a niche segment within the plant-based food category, plant-based yogurt is poised to become a much larger piece of the chilled dairy set as consumers find products that can closely mimic the taste and mouthfeel of its conventional dairy counterparts,...
The acute health threat of COVID-19 may be ebbing for most Americans, but the desire it instilled in many to bolster their physical and mental wellbeing continues to push consumers to seek food as medicine, according to industry insiders.
The “huge bet” SunOpta has placed on oatmilk through an aggressive series of investments in production capacity “has absolutely paid off,” says CEO Joe Ennen as the firm gears up to open a new aseptic production facility in Midlothian, Texas and expand...
It’s easy to see the grim P&L figures at Beyond Meat and Oatly and the recent lackluster performance of some refrigerated meat alternatives in US retail as proof that the entire ‘alt protein’ space is a busted flush, but the real picture is more nuanced,...
As the average retail price of chicken eggs has surged 51% in the past year, JUST Egg has reduced pricing for its 12-ounce plant-based liquid egg product by 41%, reaching cost parity with premium chicken egg competitors, according to recent data from...
Notoriously thin operating margins in the food supply chain will likely keep manufacturers and retailers from incrementally lowering prices even as input costs begin to come down – preferring instead to wait until the economic landscape stabilizes and...
In the face of an unrelenting inflationary environment, zero sugar soda brand Zevia is reporting continued growth and consumer adoption of its products, especially in the club channel.
Microbes can produce a host of ingredients traditionally made by plants or animals more sustainably and efficiently. But if you want to make complex plant-based ingredients such as coffee or cocoa, single-celled microorganisms such as yeast and bacteria...
While overall inflation in the US cooled slightly in July, giving hope to some economists that financial pressures may be peaking, food prices continue to climb at their fastest rate in more than 40 years – suggesting the economic recovery still has a...
The popularity of condiments soared during the pandemic as consumers used the products as an easy way to elevate an otherwise bland meal made at home, notes Mintel, which says that condiment brands must engage with younger consumers to ensure future long-term...
A lawsuit* recently filed by former co-packer Don Lee Farms accusing Beyond Meat of “grossly” overstating the protein in its products is motivated by “personal vendetta" and should be seen as a “transparent attempt to gain leverage” on the eve of...
