Coca-Cola acquired UK coffee chain Costa Coffee in 2019: and has since been expanding the brand throughout Europe. This year it’s launching in the US: where it believes it has the products, quality and strategy to take on the country’s coffee giants.
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.
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...
Zero-sugar stevia-sweetened soda brand Zevia has appointed its current president of the company, Amy Taylor, as its new CEO succeeding Paddy Spence who will remain as chair of the company's board of directors, effective August 1, 2022.
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?
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...
Beverages dominate IRI’s 2021 New Product Pacesetters report, accounting for a record eight out of the top 10 new products by dollar sales and 46 out of the top 100 new products.
While climate change presents a serious threat to coffee production, we have the tools at our disposal to futureproof the supply chain, says Doug Welsh, VP Coffee at Peet’s, which says 100% of its beans are now ‘responsibly sourced’* from farms vetted...
Minor Figures is gaining steam in the competitive oat milk category backed by a recent minority investment from Danone Manifesto Ventures and Hong Kong-based Green Monday Group as it executes on its specialized business model centered on the coffee community.
Tetra Pak is developing a fibre-based barrier to replace the aluminium layer currently needed in food and beverage packaging like juice boxes and milk cartons. We caught up with Tetra Pak’s Davide Braghiroli, Product Director Packaging Materials and Alternative...
The HONEST Tea brand might be disappearing as brand owner Coca-Cola focuses on its Gold Peak and Peace Tea brands, but the organic, ready to drink ‘just sweet enough’ teas first launched by Seth Goldman and Barry Nalebuff in the late 1990s, it seems,...
Soylent is projecting sales of $100m this year on a run rate basis driven by solid double-digit growth and margins holding steady, ensuring it remains cash-flow positive without having to raise prices, despite the challenging inflationary environment,...
Announcing the investment of hundreds of millions of dollars across the supply chain, the US Department of Agriculture says it hopes to rebalance the food system’s historic focus on efficiency with much-needed resiliency so that the country is better...
Joywell Foods, which deploys microbes to produce nature-identical ultra-sweet proteins found in fruits and berries, has raised $25m in a funding round* led by Piva Capital as it gears up to launch its first consumer products featuring the sweeteners.
While Coca-Cola has just unveiled plans to discontinue organic ready-to-drink tea brand HONEST Tea, Bolthouse Farms says there are significant opportunities to grow (primarily) organic ultra-premium juice brand Evolution Fresh, which posted a near-40%...
While much of the press coverage in food tech is devoted to brands making meat, egg, and dairy alternatives, these technologies will only be scalable – and sustainable - if we pay the same level of attention to the enabling technologies underpinning them,...
Food companies are increasingly opting for insetting over offsetting their carbon emissions, it's been claimed, as the voluntary carbon offset market continues to look to improve its credibility.
With $10m in series A funding, the carbon assessment platform Planet FWD hopes to dramatically reduce the time it takes CPG companies to evaluate and neutralize their environmental impact while simultaneously speeding up their development of eco-friendly...
A court has found in Sweegen’s favor following a four-year legal battle with rival PureCircle over IP relating to the manufacture of stevia sweetener Reb M.
More Americans are worried about the planet’s health and understand that their dietary choices impact the environment, yet few are willing to pay significantly more for eco-friendly products – potentially squeezing companies undertaking expensive sustainability...
Gatorade is the undisputed leader in sports drinks, says the new CEO of BODYARMOR, which recently overtook Powerade to capture the #2 slot in the category. But after four years at Chobani, challenger brand extraordinaire, Federico Muyshondt knows a thing...
ADM’s nutrition business may represent only 15% of its operating profit currently, but executives expect that to double in the next three years and to drive a majority of the company’s operating growth thanks to its “systems” approach to business development,...
Organic ready-to-drink (RTD) tea brand HONEST Tea will be phased out of Coca-Cola’s portfolio by the end of this year, with executives highlighting “a drop in immediate consumption sales and limited glass supplies.” However, the organic juice line HONEST...
They may not be magic, but mushrooms – at least medicinal ones – are having a moment as consumer demand for functional benefits, such as clarity, calm, digestive support and enhanced immunity, are driving discovery and sales of the versatile, easy-to-you...
Superbrewed Food has secured self-affirmed GRAS status for a new whole food, non-GMO ingredient - marketed as a ‘postbiotic cultured protein’ – that founder Dr Bryan Tracy is billing as “the most nutrient dense protein source on the planet,” with 80%+...
The FDA has denied a request to exempt rare sugar tagatose from the total and added sugars declaration on the Nutrition Facts panel, three years after granting the same request for rare sugar allulose, a decision petitioner Bonumose has slammed as “contradictory...
A new entrant to the burgeoning plant-based protein arena, canola protein can improve the taste, texture, and nutrition of everything from protein bars to plant-based ice cream, says Merit Functional Foods, which recently opened a facility in Manitoba...
Dairy, plant-based and animal-free products often unnecessarily are pitted against each other as competing for the same place in consumers’ fridges, when in reality most Americans buy across the segment and manufacturers would be better served by highlighting...
Despite a significant uptick in the percentage of Americans following a particular diet or eating pattern - from 'clean eating' to 'mindful eating' - to improve their wellbeing, fewer weigh the healthfulness of the ingredients or products...
Reformulating products to clean up labels resulted in both higher revenue and higher margins for a majority of North American manufacturers surveyed by Ingredion late last year, claims the company, which quizzed 2,000 product developers at large and mid-sized...
Walmart’s already low appetite for price increases across food and beverage may be further dampening as more consumers switch to private label and smaller packs to keep expenses down – a signal to the retailer that it is not doing enough to deliver on...
Even though 59% of Americans have access to curbside recycling, only 27% of plastic bottles are currently recycled – a grim statistic that is not only bad for the environment but also bad for CPG businesses, such as The Coca-Cola Co., that are striving...
While the proportion of Americans who say they have purchased groceries online over the past 12 months has declined, slightly more consumers say they now do ‘most’ or ‘all or almost all’ of their grocery shopping online, according to Coresight Research’s...
With food-at-home prices in April 2022 up a staggering 10.8% vs April 2021, consumers are beginning to change their behavior. FoodNavigator-USA caught up with K. K. Davey, president of client engagement at IRI, to find out what he’s seeing in the data.
Food prices likely will remain stubbornly high as the cost of key ingredients, packaging materials, transportation and warehousing paid by producers continues to rise, albeit at a slightly slower pace – sparking optimism among some that high inflation...
Daily tea consumption should be recommended in the upcoming 2025-2030 Dietary Guidelines for Americans, argue scientists and industry stakeholders who point to its safety and a growing body of research supporting health benefits from the Camellia sinensis...
Vita Coco now commands a 50% share of the coconut water category and has grown household penetration of its brand to 11%, a strong indicator that consumer demand for coconut water remains elevated with plenty more runway, said Vita Coco co-founder and...
Rising food prices slowed slightly in April over the prior month, according to the Bureau of Labor Statistics April Consumer Price Index released today, but they continue to climb at a brisk pace that is significantly faster than all items, allowing them...
In FoodNavigator-USA's latest roundup of new product launches, we include an eclectic mix of new products, from ‘on-the-go’ prebiotic fiber blends and Lavazza coffee in cans, to plant-based scrambled egg, ice cream sandwiches, and cheeseballs.
As organic continues to go mainstream with broader reach outside of the natural channel where it began, it faces increased competition from other attributes and production methods as well as skepticism about the certification’s veracity and value, new...
While many consumers report struggling with product shortages and delays in online orders along with mounting concerns over inflation, demand for groceries “tends to be relatively inelastic,” according to Morning Consult, which has just surveyed 1,000...
As government stimulus abates, consumer savings rates are beginning to dip below pre-pandemic levels just as food prices are rising due to inflation – driving demand for less expensive private label products and helping to boost TreeHouse Foods’ net sales...
Online grocery activity declined across the board last month in three main segments including pickup (in-store, curbside, lockers, etc.), delivery (first and thirst party providers such as Kroger, Instacart, Shipt), and ship-to-home (parcel carriers including...
Monster Energy reported a strong increase in net sales for Q1 2022 as it steadily works to stabilize its business against rising supply chain costs, but remains bullish on the market and consumer demand for its energy drinks portfolio.
Oatly's US revenues surged 40.3% to $47m in Q1, 2022, said the Swedish oatmilk maker, which claims Oatly is now the “fastest turning national brand in the entire US milk category [dairy and plant-based] with significant distribution upside,"...
Herbalife’s stock price took a tumble after the company announced disappointing earnings yesterday. Continuing pandemic issues and global inflation hurt the company’s bottom line.
Tate & Lyle – a global ingredients company best known for sweeteners, fibers, and texturizing ingredients – has moved into the burgeoning plant-based protein arena with a deal to acquire Virginia-based chickpea protein and flour co Nutriati, six months...
IFF has launched SEAFLOUR, a hydrocolloid from red seaweed with particular potential in higher-protein plant-based milks made with pea or soy, enabling formulators to offer cleaner labels and shorten their ingredients lists.
