Nestlé has launched an initiative that promises to help bridge the living income gap for cocoa farmers in its supply chain. With a focus on productivity, resilience, diversification and access to education the company is more than tripling its current...
Ingredion has made an equity investment (of an undisclosed sum) in Israeli firm InnovoPro, which has developed a suite of highly functional chickpea ingredients including protein concentrates, textured vegetable proteins, and most recently, egg replacements.
Former better-for-you frozen food brand Luvo’s mission to make eating nutritious meals easy and delicious lives on under new leadership in the recently rebranded and repositioned Performance Kitchen, but with a narrower focus – for now – on the insurance...
NewClimate Institute has released a report accusing big companies like Nestlé and Unilever of putting out ‘ambitious sounding’ carbon goals that have ‘very low integrity’. The food giants – both of whom have made net zero pledges – reject this conclusion.
Tyson Foods’ strong double-digit sales and profit in the first-quarter reported yesterday could intensify the Biden Administration’s scrutiny and criticism of what he calls the meat-packing industry’s anti-competitiveness.
While some of the initial challenges that food and beverage startups experienced when the pandemic began have subsided, like restrictions on sampling and freezes on category resets, others remain and new ones have emerged – complicating the path to market...
The Department of Justice’s bid to block a sugar industry mega-deal - US Sugar’s proposed acquisition of rival Imperial Sugar - is “based on a static, contrived, and internally inconsistent view of how competition for the sale of refined sugar occurs...
Hain Celestial is singing the same tune as many other CPG companies reporting quarterly earnings in the past month, and that is the back half of the year will be better than the first thanks to pricing increases to alleviate higher costs, increased inventory...
As waves of COVID-19 and its variants ebb and flow they are creating an unpredictable tug-of-war between restaurants and grocery retailers that one industry insider predicts will continue to complicate inventory management long after the current supply...
The adoption of four production technologies for steviol glycosides by the international food standards authority Codex Alimentarius earlier this month opens doors for industry to produce and source at scale and more sustainably less-common versions of...
After discovering online grocery retailers fail to consistently provide key nutritional and allergen information for products on their websites, researchers are calling on FDA, USDA and FTC to close online labeling “gaps” by requiring ecommerce sites...
As demand for plant-based products rises, large players looking for a piece of the action likely will continue to buy their way in, but one market analyst predicts that the checks they will cut and stakes they will take in innovators in the space will...
Nearly a third of Americans plan to drop or reduce animal-based products in their diet this month in favor of vegan options as part of Veganuary – a well-established global movement that may still be relatively new in the US, but which still is shining...
Innovation within the nascent upcycled food and beverage industry is exploding as manufacturers and ingredient suppliers large and small are drawn to the promise of potentially higher profits, a viable path to ambitious sustainability goals and a consumer-friendly...
As frozen food sales stabilize from record-high numbers experienced during the height of the pandemic, older millennials have now become the category's largest consumer -- seeking a more diverse culinary selection of products made with fewer and...
With each New Year comes new resolutions to be healthier and more mindful, which for a growing portion of the population includes cutting back or giving up alcohol – maybe just for one month during so-called Dry January, but increasingly for longer stretches...
Conagra Brands will raise prices across its portfolio and leverage other cost savings measures to offset higher than expected inflation, which squeezed its margins in the second quarter and which CEO Sean Connolly does not expect will ease any time soon...
The supply chain bottlenecks, labor shortages and rising inflation that have plagued the economy during the pandemic may last longer than previously expected with some businesses facing “deteriorating” conditions due to omicron and other coronavirus variants,...
The temporary freeze on mergers and acquisitions in the food and beverage space seen in the early days of the coronavirus outbreak is long gone as deal making in the segment rebounded in 2021 to levels rivaling pre-pandemic – but many of the companies...
New Year’s resolutions to eat healthier – including cutting back on sugar and alcohol or adopting a new diet – are back in 2022 after many Americans took a hiatus from them last year as they navigated pandemic-related stress, according to new research...
When most people hear ‘regenerative agriculture’ they either have no idea what it means or they think about it as a strategy to rebuild soil health or reverse the negative environmental impact of farming – but according to the international sustainability...
From cordyceps and reishi to chaga, lion’s mane, turkey tail and shiitake, so-called ‘medicinal’ mushrooms are gaining traction in foods and beverages, buoyed by growing interest in adaptogens and immunity. But as with any trending functional ingredients,...
Fear and frustration related to the ongoing pandemic will continue to shape flavor preferences in 2022 with consumers gravitating to taste profiles that signal health benefits, hint at escape to far away lands, offer comfort or promise something new,...
With the $151 billion US snack business projected to grow 3% to 4% in the next 12 months, Campbell Soup Co. is adopting an aggressive multi-prong strategy to increase its share while simultaneously increasing and sustaining its margins by double digits.
Tracking online grocery shopping habits over the past year, Instacart identified a shift back towards convenient on-the-go food items and the rising adoption of viral food recipes and hacks popularized by social media platforms such as TikTok.
Undeterred by the chaos of the pandemic, including supply chain challenges and retailers significantly scaling back selection and even pausing new product introductions, an elite, cross-functional team of innovators at Clif Bar & Co. secretly pushed...
Will 2022 be the year the FDA finally weighs in on CBD regulations, or defines 'natural'? Will we see guidance from the FDA on the pre-market consultation process for cell-cultured meat? Is compliance with the bioengineered food disclosure standard...
With the Jan. 1, 2022 deadline for compliance with the National Bioengineered Food Disclosure Standard (NBFDS) fast approaching, many companies are still struggling with compliance, even at this incredibly late stage, say industry sources.
Campbell Soup Co. is banking on another round of price-increases next month, persistent consumer demand and a recently bolstered workforce to help it overcome lower than expected sales in the first quarter and a ‘tough’ upcoming second quarter to ultimately...
Move over sourdough, a new era of baking is rising in 2022 that focuses less on practicality and austerity and more on decadence, extraordinary experiences, celebration and holistic well-being, according to industry insiders.
Food has taken on deeper meaning for many consumers serving as a connection to experience, community, and personalized health goals, noted Tastewise in its 2022 report, which uses AI to analyze over 1 million restaurants and delivery menus, 22 billion...
With the holiday season in full swing, Americans who are looking for safe ways to celebrate with friends and family increasingly are turning to dessert boards – a flexible, emerging trend that Dawn Foods says meets evolving consumer demands, has ‘unlimited...
Plant-based ice cream brand NadaMoo! is exploring moves into adjacent categories after raising almost $10m in a series B round led by District Ventures Capital and InvestEco, and a new partner Killam Investments, a South Texas based family office.
Comments submitted to USDA over how best to label meat and poultry made from animal cells grown outside of animals reflect the challenge facing US regulators as they seek to nail down nomenclature in this nascent market as startups in the space edge closer...
One of the longest – and most contentious – strikes in the food industry this year may come to an end early next week after Kellogg Co. earlier this week offered protesting union workers at four of its US cereal facilities higher wages, enhanced benefits,...
Estonian start-up Gelatex says affordable and scalable cell-cultured meat could ‘soon turn into reality’ thanks to its innovative scaffolding technology.
Short of a Christmas miracle, ongoing port delays and other supply chain disruptions alongside rising inflation and labor challenges will continue long into the New Year – not only threatening holiday sales and deliveries in the short term, but also consumer...
The Federal Trade Commission (FTC) is ordering nine CPG suppliers, retailers and wholesalers to share proprietary data about how they source, transport and distribute products as part of an investigation opened yesterday into the ongoing supply chain...
When Hain Celestial acquired Boulder-based organic and gluten-free baking co Rudi’s in 2014, its 2013 revenues were reported as $60m. Six years later, after Hain sold the business to private equity backed* Irish baker Promise Gluten Free in May 2020,...
Retail ice cream sales surged in the early weeks of the pandemic as consumers turned to comfort foods during the lockdown, but the runaway success story in the category has been frozen novelties, which have emerged as a go-to portion-controlled snack...
Sugar giant US Sugar says it “fully intends to litigate” to prove its proposed deal to acquire rival Imperial Sugar will not result in higher prices and harm sugar buyers after the Department of Justice (DOJ) filed an anti-trust lawsuit in a bid to block...
Weighing unpredictable inflationary prices, a prioritization of wellbeing along with an enduring pandemic, consumers are self-editing their grocery baskets and carts by asking themselves one fundamental question -- "Do I need this?" -- when...
Unilever is selling its developed markets tea business for €4.5bn, more than a year after the company launched a strategic review of the unit. According to some industry pundits, the deal represents ‘an important first step’ in portfolio rationalisation....
Walmart is gaining market share in grocery in the US by not only holding prices steady as many competitors raise them in the face of increasing inflation, but also by continuing to look for rollbacks – a counterintuitive strategy it says will benefit...
Parents are constantly looking for snacks that meet both the nutritional needs, and oftentimes, the picky palates of their child. Brands that can effectively meet both these fundamental demands are best positioned to win in the competitive landscape of...
Despite the surge in hunger, sluggish supply chains and transportation woes that have drastically delayed food production, delivery and availability since the coronavirus outbreak more than 20 months ago, cross-disciplinary experts at the global design...
When it comes to proteins, says Christian Koolloos, chief business development officer at Dutch startup The Protein Brewery, boring is good. In fact, the blander the better: “Fermotein [his firm’s fermented fungi protein] is extremely boring in its profile...
The Plant Based Foods Association (PBFA) has fired the latest salvo in the battle over the labeling of plant-based products in its second lawsuit* challenging Oklahoma’s Meat Consumer Protection Act, which it claims “provides no benefit to consumers,...
Bobo’s is embarking on a major capacity expansion to meet demand for its baked oat bars, bites, and toaster pastries, with a new ‘mega-bakery’ facility set to open in summer 2022 in Loveland, Colorado, that will consolidate manufacturing and warehousing...
