Monster Energy is fighting to grow its shelf space in the increasingly competitive energy drink category while also dealing with unrelenting inflationary cost pressures, said CEO Rodney Sacks on the company's Q2 2022 earnings call.
Health Canada has published new labeling standards for supplemented foods such as snacks and beverages fortified with vitamins and minerals or caffeinated energy drinks; and introduced new nutrition labelling regulations for packaged foods requiring a...
Food and beverage companies are under increasing pressure to measure, reduce, and accurately report their social and environmental impact, with the SEC recently outlining proposals* that would require all registrants to disclose their scope three greenhouse...
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...
As the pandemic progresses and consumers delve deeper into how nutrition impacts their health, they are expecting more from the products they buy – pushing beverage makers to blur category lines to offer more benefits, according to Mintel.
Oatly posted a $72m net loss on net revenues up 21.8% to $178m in the second quarter of 2022, slightly under analysts’ expectations, with gross profit margins of 15.8%, a figure CEO Toni Petersson insisted would rise over time as the Malmö-based oatmilk...
PepsiCo will take a 20% equity stake in Romanian spring water brand Aqua Carpatica: eying up the potential to expand the brand to the US and other markets.
PepsiCo is making a $550m investment in functional energy drink Celsius: further boosting its focus on the energy category and eying up a shared opportunity to drive growth and innovation in the sector.
Net sales in Amazon's physical stores - Whole Foods Market, Amazon Fresh and Amazon Go - grew 12.5% year-on-year to $4.72bn in Q2 2022 and grew 2.8% vs Q1, 2022.
Capri Sun’s original juice drink pouches will now have an average of 40% less sugar, as the brand reformulates to use monk fruit concentrate in its drinks.
Dollar sales of refrigerated liquid plant-based creams and creamers were up +25.8% year-on-year to $527.4m in measured US retail channels* in the year to July 10, 2022, while unit sales were up +16.1%, led by strong growth in blends and ‘other’ (which...
Fine chemicals co DIC and San Diego-based startup Debut Biotech are developing a vibrant natural red color that is heat-stable, light-stable, and stable across a wide pH range, using a novel hybrid approach combining microbial fermentation and ‘cell-free’...
When it comes to plant-based milks for kids, the options are few and far between, say Alex and Lauren Abelin, founders of Kiki Milk, which is made with organic oats, hemp seeds, sprouted pumpkin seeds, coconut, and other “whole food ingredients.”
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...
The IFT First 2022 show floor was abundant with companies touting their upcycled ingredients and other exhibitors highlighting plant-based meat and dairy innovation. Take a look at some of the trends highlighted at the show this year.
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...
Well-known for sugar alternatives, including stevia and monk fruit, Layn Natural Ingredients has steadily expanded its portfolio with a full line of functional botanicals that can now easily be explored through a just-launched online ingredient library...
US retail sales of plant-based milk rose +6.4% to $2.299bn in measured channels* in the year to June 12, 2022, driven by double-digit growth in oat milk and pea milk, according to new data shared with FoodNavigator-USA from SPINS.
Canada-based Merit Functional Foods says it has overcome one of the biggest hurdles facing plant-based protein in ready-to-drink protein beverages: sediment and grittiness.
Something is rotten in the coffee industry, and it is holding back the crop from reaching its full potential and contributing to the climate change that threatens future production of the popular beverage and the economic livelihoods of the farmers who...
Lemon Perfect, the fastest-growing brand in the enhanced water category*, has hired industry veteran and former Coca-Cola executive Jim Brennan as its new president and chief revenue officer.
Through the merging of three companies with a combined 175 years of experience in innovation, Revela Foods debuted at IFT First in Chicago this month with the simple idea that “life is complicated – food doesn’t have to be.”
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...
In the hierarchy of nutrition labeling, over half of consumers (58%) say they check total and added sugar content followed by the type of sweetener (52%) used in a product, claims Cargill.
Fiber may be best known for improving regularity and most commonly associated with older consumers, but the multifunctional ingredient is getting a makeover thanks to a slew of new products touting its other benefits and targeting shoppers across generations...
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...
Online grocery sales totaled $7.2bn for June 2022, tracking ahead of the same month last year (+6%) and slightly above May 2022 figures (+1%), according to the latest data from Brick Meets Click/Mercatus Grocery Shopping Survey.
Non-nutritive sweeteners such as stevia and sucralose are not a panacea, but new recommendations from the World Health Organization (WHO) questioning their value do a “disservice to public health” by failing to recognize their role in sugar/energy reduction...
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.
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...
Less than half of beverage cans in the US are currently recycled: but US can manufacturers want to see 80% recycled by 2040 and 90% by 2050. So how can these goals be reached?
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...
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.
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...
As consumers’ love affair with oat milk continues to drive high double-digit, year-over-year sales food scientists are exploring how they can further enhance the beverage’s most beloved attributes, including its health benefits, sustainability and shelf...
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...
Inflation is impacting the average price of goods across the grocery store with price growth rates up double digits for some top-selling categories in the last 12 months ending in May 2022, according to the latest retail sales data from NielsenIQ.
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...
What will the next frontier and low- and no-sugar beverages look like? Find out during FoodNavigator-USA's free-to-attend webinar on Low- and-No-Sugar Beverages: From Soda 2.0 to Flavored Waters online event, broadcasting on Tuesday, July 26th at...
Simply Good Foods, parent company to Quest Nutrition and Atkins brands, registered solid net sales growth in Q3 2022 as snacking behaviors stabilized and consumers adjusted to the company's new pricing actions.
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.
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...
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...
