Bonumose – a Virginia-based startup with patented technology it claims could enable the mass market adoption of rare sugars which have exciting benefits but currently come with a hefty price tag – is gearing up to start commercial production of tagatose...
Benson Hill is seeing surging demand for its non-GMO ultra-high protein soy flour, which is now in full-scale commercialization mode thanks to a new industrial facility and partnerships with major food manufacturers including Kellogg.
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...
PepsiCo has made progress in a number of areas of its business around regenerative agriculture and nutrition targets under its PepsiCo Positive (pep+) plan, the company's ESG program launched last year.
Bel Group – the multinational firm behind cheese brands Babybel, The Laughing Cow, and Boursin – has teamed up with Superbrewed Food, one of a clutch of startups in the biomass fermentation space, to develop cheeses for the US market incorporating its...
Invigorating sleepy segments, tackling persistent category challenges and balancing consumer desire for taste, convenience and experience, companies at the 66th Summer Fancy Food Show in New York City late last month showcased innovative solutions to...
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...
San Diego-based startup Debut Biotech has teamed up with Korean firm GeneChem to develop a series of human milk oligosaccharides (HMOs) – health-promoting carbohydrates found in human breastmilk – that have never been commercialized before, using a novel...
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...
Israeli tech firm Phytolon, which is biosynthesizing alternatives to synthetic food colors, has raised $14.5m in a series A funding round* led by DSM Venturing as it gears up to commercialize betalain pigments produced via fermentation of genetically...
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...
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:...
While General Mills was able to roll with the punches, including spiking inflation and supply chain challenges, over the past year to deliver better than expected financial results in fiscal 2022, some wonder if the CPG giant, and its competitors, will...
Dragged down by higher-than-expected cost inflation, supply chain challenges and unanticipated, stringent COVID-related restrictions in China, McCormick missed its sales and earnings targets in its second quarter – forcing the spice maker to slash its...
As rising gas and food prices cause US consumers’ confidence and short-term outlook for the economy to plunge, some are shifting their spending habits and the blame from the pandemic to ongoing supply chain costs, constraints and related government policies,...
Raleigh-based startup Jellatech has hit a key milestone with the development of a full length, triple helical and functional native collagen (type 1) produced by its proprietary cell lines, which will initially be targeted at the biopharma and biomedical...
While the pandemic accelerated the adoption of food e-commerce, brick and mortar shopping will always have an edge over online grocery for most consumers, reports Dunnhumby.
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...
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...
Plant-based ingredient supplier Roquette is launching two new gluten-free rice proteins to tap into new market opportunities in the areas of special diet foods, sports nutrition, and snacks.
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,...
Startup Lus Oasis is joining the race to develop and scale whole cut plant-based meat – the holy grail of the alternative protein segment – with the creation of Alchemeat, which uses a patented high-moisture extrusion process to recreate the “firm and...
While The Coca-Cola Co.’s tolerance for underperforming brands and product launches that miss the mark has dropped dramatically in recent years, its appetite for “intelligent experimentation” has increased – underscoring the need for a structured yet...
Canadian food-tech startup Chinova Bioworks is ramping up production of its natural mushroom-based preservative Chiber with the opening of a new production facility this fall and expanding its applications with help from a $6m series A fundraise announced...
High milk prices are having a down stream effect on other dairy products with the price of retail butter outpacing nearly all other consumer goods, according to a dairy market analysis by CoBank.
While some industry players are reining in spending to build-up reserves in case of a recession, General Mills is taking the opposite tack – choosing to double down on investments and explore acquisitions that could help it stay ahead of the competition...
The Kellogg Company’s unexpected announcement Tuesday to split its snack and cereal empire into three independent, public companies “to better position each business to unlock its full potential” tears a page from Kraft Foods’ playbook ten years ago when...
US retail sales of frozen meat alternatives were up a solid +10.1% to $76m in May 2022 vs May 2021, with volumes fairly flat at -0.8%; but sales of refrigerated meat alternatives continued their precipitous slide last month, with dollar sales slumping...
New Census data showing consumer spending on food slowing in recent months as inflation and the threat of a recession rise suggests retailers and brands need to rethink their inventory and promotional strategies to attract and maintain shoppers, analysts...
Iowa-based Kemin is expanding its portfolio to introduce a range of USDA-certified organic, traceable, U.S.-grown hemp CBD distillates for use in health and wellness products.
Moolec Science – which has developed a ‘molecular farming’ platform to produce plants that express animal proteins – is going public via a special purpose acquisition company (SPAC)* in a deal expected to close later this year.
DouxMatok, the Israeli firm behind patented technology that makes sucrose taste sweeter, has teamed up with Batory Foods to distribute its Incredo enhanced sugar in North America.
Ukraine is producing enough crops, but Russia’s Black Sea blockade is severely limiting how much it can export, according to Ukraine’s Deputy Minister for Economic Development, Trade and Agriculture. Is there a workaround?
‘Animal-free dairy’ startups have hit back at what they claim are attempts by the Non GMO Project and others to discredit the emerging technology by mischaracterizing it as dangerous, unregulated and bad for the environment.
Total online grocery sales dropped on a monthly basis to $7.1bn in May 2022 (down from $8.1bn in April 2022), but are still slightly above (+1.7%) the same period last year, according to the latest Brick Meets Click/Mercatus Grocery Shopping Survey, which...
Minnesota-based startup Apparo – which developed technology now being deployed by AB InBev on a commercial scale to extract highly functional barley protein from brewer’s spent grains – has turned its attention to another upcycled protein it reckons could...
Between cows’ burps and manure and their land, water and feed requirements, the dairy industry is often blamed for adding substantial greenhouse gases to the atmosphere, and contributing to monocropping, soil degradation and water pollution.
Chocolate supplier Barry Callebaut has signed a long-term agreement with Colombian food ingredient supplier Levapan to expand its distribution to key parts of Latin America.
Even as fear of contracting COVID-19 ebbs and consumers feel more comfortable visiting stores, the percentage who order groceries online regularly continues to climb as they seek convenience, and ways to manage their budgets as prices continue to rise,...
When co-founders Philip Teverow and Pierre Thiam first launched Yolélé Foods and its flagship product fonio, a West African ancient grain, the lack of consumer awareness was the brand's biggest challenge. Now roughly four years later, the brand is...
General Mills and Ecosystem Services Market Consortium (ESMC) are working together on a multi-year plan to scale and expand a program, called Eco-Harvest, which rewards farmers for beneficial outcomes of regenerative agricultural practices.
A new report from the Centers of Disease Control has found that annual number of pediatric ingestions of melatonin reported to poison control centers increased 530% from 2012 to 2021.
US adults are advised to consume no more than 2,300mg of salt per day (the equivalent of 1 teaspoon), according to 2020-2025 Dietary Guidelines, an amount that is easy to surpass thanks to the high levels of sodium in many processed and packaged food,...
After three years of helping Kraft Heinz claw its way up “from the bottom,” where it crashed after previous management prioritized inorganic growth and cost-cutting measures, CEO Miguel Patricio wants credit given where it is due.
Consumers are taking a more mindful approach when it comes to chocolate consumption by balancing their cravings for indulgence with a growing interest in various better-for-you attributes whether it be health related or environmental, says global chocolate...
Where the food and beverage industry was once flush with funding from venture capitalists drawn to fast-growing businesses and from strategics eager to pay high multiples for innovative start-ups, money is now harder to come by as inflation, supply chain...
Even as General Mills adopts an ‘always on’ approach to mergers & acquisitions, it remains dedicated to driving organic growth through innovation by deploying elite tiger teams to identify consumer problems and then develop and test solutions-oriented...
