Fresh off closing a $3.9m seed funding round* led by Unovis Asset Management, Paragon Pure is debuting its OléPBM alternative fat technology made from rice bran oil, which it claims outperforms palm and coconut oils in plant-based meat products.
Sustainability “is probably on slide two or three of every customer presentation now,” notes Ingredion, but how can consumers cut through the PR noise to make meaningful comparisons between brands? Checkout our final gallery of trends at IFT FIRST exploring...
Beyond Meat CEO Ethan Brown faced another grilling from analysts on the firm’s Q2 earnings call Thursday after posting a $97.1m net loss on net sales of $147m, lowering guidance for the full year from $560-$620m to $470m-$520m, and cutting 4% of its global...
Boston-based food tech firm Motif FoodWorks has promoted its CTO Dr Michael Leonard to the role of CEO, effective immediately, as current CEO Jonathan McIntyre moves to an advisory role in the company.
Revol Greens, the largest greenhouse lettuce grower in North America, is growing from 30 to nearly 50 acres of indoor farming space with the opening of a new facility in Texas and plans to double operations at its three other existing facilities to eventually...
Sugar reduction is still top of mind for most US consumers, but their motivations for purchasing low- and no-sugar beverages have shifted from weight management and dieting pursuits to achieving a sense of general wellbeing, claims Howard Telford, head...
Despite the difficult economic reset underway in the capital markets and lingering supply chain challenges, rising inflation and the growing threat of a recession, investors are still interested in the food and beverage space, according to one investment...
As consumer interest in ‘plant-based’ products has grown in recent years, so too have products proudly proclaiming their status as such – but what does the term actually mean, and how influential is it really?
The family feud over who should lead Illinois-based kefir maker Lifeway Foods and how it should be run has moved into a calmer phase, with an agreement between the company and key shareholders Edward and Ludmila Smolyansky that will keep CEO Julie Smolyansky...
The past two years have been a rollercoaster for many food and beverage companies, who have had to deal with everything from a global pandemic to rocketing inflation, labor shortages, and massive disruption across their supply chains. So what does all...
According to a new draft guideline from the World Health Organization (WHO), non-nutritive sweetener consumption is associated with metabolic syndrome, something proponents of diet sweeteners say shows correlation, not causation, and merely reflects the...
Unilever isn’t worried about losing market share or volume as it pushes through aggressive price hikes to offset inflation and build reserves that it can use to invest in advertising, R&D and capital expenditure for long-term gains, according to company...
Bay area startup Zero Acre Farms - which is deploying microbial fermentation to produce oils and fats it claims can outperform rivals in the nutrition and sustainability stakes – has launched direct to consumer with a ‘cultured’ cooking oil boasting a...
Illinois-based kefir company Lifeway Foods, which has been the subject of inner family feuding related to its leadership*, reported +16.7% net sales growth for the full year ending December 31, 2021 compared to 2020.
So-called ‘alternative proteins’ – from upcycled barley and canola protein to animal-free whey made in fermentation tanks using genetically engineered microbes – were a hot topic at IFT First in Chicago. But with US retail sales of some meat alternatives...
Boulder-based Meati Foods – which is seeking to differentiate itself in the increasingly crowded meat-alternative space with a fungi-based platform capable of producing ‘steaks’ and other whole cuts – has raised $150m in a Series C round led by Revolution...
Facing sharp criticism in the media that FDA’s approach to food safety is “broken,” “Byzantine” and a “ridiculous joke,” the agency is undertaking a “top to bottom” review of the “structure, function, funding and leadership” of its food program, agency...
Frustrated with FDA’s “inefficient decision making,” reliance on “inexperienced and undertrained” inspectors and “split and siloed” approach to food safety and oversight, the Consumer Brands Association this morning reiterated its call for the agency...
“The NASA food system used on the International Space Station is more than adequate,” delegates at IFT First were told in a packed education session last Tuesday. “But a mission to Mars won't allow the resupplying of food and the crew won't...
From more efficient production of rare sugars tagatose and allulose (and intriguing new possibilities with D-allose), to ‘enhanced’ sugars, and a mystery disaccharide that behaves like sugar, but is metabolized very differently, check out part one of...
In the battle against food waste, most industry players are only addressing part of the problem, claims Aidan Mouat, CEO and co-founder of Chicago-based Hazel Technologies, who says through the company's proprietary shelf-life extension technology,...
As noted in the opening session of the IFT FIRST conference in Chicago last week, the food that brought us together during the pandemic and which fuels us everyday is in a crisis as climate change intensifies – pushing companies to weave sustainability...
While still a growing $7.4bn industry, plant-based foods have some significant hurdles to overcome around formulation especially in the area of fat content, according to Mintel.
Once associated with refreshment and relaxation, the crack of a can or hiss of gas following the twist of bottle top is becoming a source of anxiety for some consumers who associate it with single-use plastic, broken recycling systems and unwanted litter.
Viral video-sharing app TikTok may be best known for the seemingly infinite clips of teenagers dancing to catchy songs in inconvenient places like the middle of the street or a department store aisle, but the social media platform is much more – and when...
Wize Tea is not an iced tea in the traditional sense but a ready-to-drink answer to coffee jitters and crashes that extends the growing season for coffee farmers in Nicaragua.
Moonshot Snacks is expanding its “climate-friendly food movement” with the launch of its crackers for conscientious snackers into Target stores nationwide.
San Leandro based SCi-Fi Foods – which believes it has “a pretty clear shot at being the first company to bring cultivated beef to the market in the US” – claims to have scored an industry first by developing bovine cell lines that can grow in single-cell...
Even though PepsiCo beat Wall Street expectations in its second quarter and saw organic revenue growth soar 13%, prompting it to bump-up its full-year revenue expectations, the beverage and snack giant stopped short of also raising its earnings per share...
After being demonized as high-carb and maligned with foggy grain-brains and gluten sensitivities, pasta consumption, which had been flat and declining for years pre-COVID, bounced back during the pandemic with unprecedented growth as consumers looked...
While homogenous plant-based patties, nuggets and sausages abound, few currently available meat alternatives recreate the multi-layered experience of biting though skin to release a juicy burst of flavor that is reinforced by a marbling of fat or the...
Emerging brand Fila Manila is blazing a trail for better representation of Filipino flavors and cuisine in mainstream grocery with its line of savory simmer sauces and brand new launch, coconut and ube jams.
Backed by a $100m investment from Anheuser-Busch InBev, upcycling startup EverGrain is entering into large scale production of its barley protein with a new 130,000-square-foot facility in St Louis capable of churning out 7,000 tons of protein isolate...
The next generation of brands, ingredient suppliers and processors are placing sustainability at the center of how they do business and making it easier for their partners to do the same as illustrated by the companies showcasing in the Startup Pavilion...
Animal-free dairy startup Remilk has teamed up with Israeli Coca-Cola bottler CBC Group - which also owns leading dairy processor Tara Dairy - to develop a line of drinks, cheeses, and yogurts featuring 'animal-free' dairy proteins for the Israeli...
As the enthusiasm for cooking that many discovered early in the pandemic wanes, retailers and CPG brands can protect against lost sales to restaurants and foodservice by offering more fresh prepared and minimal-prep options as well as inspiration that...
The FDA has acknowledged that people are frustrated it isn’t moving more quickly to set action levels for heavy metals in baby foods, but says proposals from states' attorneys general to expedite the process and immediately set thresholds for heavy...
As Geoff Freeman prepares to step down from his role as president and CEO of the Consumer Brands Association next month to pursue a new opportunity, he offers the CPG industry the same advice that he gave when he joined the trade group four years ago:...
Neutral Foods – which debuted in 2021 with carbon neutral organic, pasture-raised milk – has picked up distribution at 370+ Sprouts stores nationwide and 200+ Target stores on the west coast, after securing nationwide listings at Whole Foods last year,...
Two years after launching at the height of the pandemic, Mavericks Cookies has established a strong foothold in the under-served better-for-you kids snacking category with new distribution at 1,250 Target stores and a streamlined portfolio focused exclusively...
Barely a month after Coca-Cola announced plans to phase out HONEST Tea, co-founder Seth Goldman, who sold the organic tea brand to Coca-Cola in 2011, says he plans to launch in a few months a new line of bottled organic teas under the ‘Just Ice Tea’ brand.
Consumers have heightened interest in flavor twists and combinations (e.g. salty & sweet, tangy & spicy) and are less driven by brand recognition and familiarity when it comes to their snacking purchases, finds Frito-Lay North America in its recent...
Atomo Coffee – a Seattle-based startup promising to deliver a more sustainable cup of morning joe (minus the coffee beans) – has raised $40m in a series A round as it launches ready-to-drink ‘beanless’ cold brew coffee direct to consumer, ahead of a retail...
By leveraging packaging innovations that increase fun and flavor while decreasing mess and monotony, startups at the Summer Fancy Food Show in New York this month are waking up sleepy categories, expanding their segments’ traditional user bases and standing...
Blue Stripes has recently unleashed a broad line of cacao-based products made from underutilized and wasted parts of the cacao fruit to Whole Foods stores nationwide and will be launching its star product -- cacao water -- next month, which founder Oded...
To offset the threat of commoditization and keep consumers from trading down or stepping away from the dairy case to save money as the economy tightens, specialty cheesemakers are moving beyond traditional formats, flavors and packaging that may be intimidating...
With a recent $300m capital injection, indoor farming company Little Leaf Farms is emerging as a front-runner of the US CEA (controlled environment agriculture)-grown leafy greens retail market with profitable unit economics and doubled production capacity,...
Nude Mints wants to modernize the mints category, which co-founder Sean Davis believes is outdated and lacking innovation, by launching breath mints using a new multi-layer capsule technology that promises a deeper and extended breath freshening experience...
Chobani has crossed into the metaverse through the online gaming platform Roblox where it's targeting a new generation of consumers with its oatmilk portfolio helping to transition its identity from a yogurt brand to broader food company, says Chobani...
