Less than a year after taking the helm at Clif Bar & Co., new CEO Sally Grimes is spearheading the company’s first transformation in 30 years with an ambitious goal to double its business to $2 billion and double its positive impact on the world....
Upcycled foods and beverages made from ingredients traditionally not consumed by people are gaining popularity with consumers seeking more sustainable diets – creating a fast-growing market opportunity estimated to be worth more than $46 billion, which...
The great SKU rationalization last Spring caused by pandemic-related supply chain constraints and consumer stockpiling not only forced CPG companies to pause production temporarily of some products, but it prompted many to reevaluate their product mix...
At the Consumer Analyst Group of New York 2021 conference yesterday, General Mills unveiled a four-prong strategy to “accelerate” its net organic sales growth 2-3%, expand mid-single-digit margins and deliver mid- to high-single-digit constant currency...
Rule Breaker Snacks, an allergy-friendly snack brand featuring chickpeas as its star ingredient, has secured a minority investment from Bimbo Ventures, the venture capital arm of global baking company Grupo Bimbo.
Whether or not you believe in climate change or the food industry’s contribution to the greenhouse gasses wrapping the earth and changing weather patterns, plenty of consumers do, and they increasingly are buying products based on their environmental...
Kellogg Co missed analysts' sales forecast for its fourth quarter of 2020, during which it faced pandemic-related headwinds, including unexpected supply constraints of multiple marque brands and the continued slowdown of at-home purchases as some...
As coronavirus continues to thwart businesses' best-laid plans, New Hope has decided to take Expo West – its annual trade show in Anaheim, California – virtual this spring, in the wake of “government restrictions, anticipated timelines around re-opening...
San Jose-based Knowde – a b2b online marketplace for chemicals, ingredients and polymers - is moving into the food and nutrition industry, enabling R&D and procurement professionals to research and compare products, connect with suppliers, request...
Consumer goods giant Unilever set out its stall for future growth last week when the company delivered a ‘strategy refresh’ alongside its full-year results. The outcome? An increased focus on ‘high growth segments’ including functional nutrition and plant-based...
Even though the coronavirus vaccine is slowly, albeit a bit unsteadily, rolling out, a recently published survey of dietitians predicts Americans in 2021 will continue to seek protection from COVID-19 and its rapidly spreading variants from food and beverages...
Despite spirulina's “superfood” status, its popularity has been dampened by its dark green color, reputation for tasting like the sea and sometimes overwhelming bioavailability, but the co-founders of SNACK Brand Inc. hope to introduce to modern...
Kraft Heinz is in talks to sell its Planters snack nuts business to Hormel Foods, The Wall Street Journal reported, citing people familiar with the matter, with a deal valuing the brand at around $3bn that could be announced as soon as next week.
