Despite a double-digit increase in retail sales during the pandemic, most grocery retailers continue to grapple with tight profit margins which could be squeezed further as restaurants and the foodservice industry reopen but many coronavirus-related expenses...
Oatmilk has taken off like a rocket ship over the past couple of years. However, US retail sales of almondmilk - which accounts for two thirds of category sales – grew a solid 16.9%* last year in measured channels, with market leader Almond Breeze posting...
A new early-stage venture capital fund sees significant upside for financing food and beverage startups that may be too small for many other VC investors, but which in a few years could help meet “pent up demand” for innovation from large CPG players...
No longer seen as the budget option by consumers, private label brands are continuing to differentiate themselves from national brands in quality and innovation, according to private label market research firm Daymon.
US retail sales of plant-based milk surged 21.9% to $2.542bn in measured channels in the year to Jan. 24, 2021, while sales of plant-based cheese and yogurt (far smaller categories) were up 43.6% to $233.9m and 16.4% to $346.2m respectively in the year...
New Jersey-based Innovation Foods is building a $45m, 71,000-square-foot facility dedicated to producing aseptic and extended shelf-life (ESL) beverages for Oatly, which is projected to open in mid-2022.
PepsiCo is exploring personalized options with big-hitter Gatorade; while Coca-Cola is backing up-and-coming premium sports drink BodyArmor. How are the two beverage giants navigating the sports drinks category?
The ABV threshold at which kombucha switches from a non-alcoholic beverage to what is effectively 'beer' for tax purposes is currently set at 0.5%. The KOMBUCHA Act, reintroduced to Congress by Representative Earl Blumenauer (D-OR-3) and Senator...
Two years after acquiring it as part of its $465m deal to buy CytoSport, PepsiCo has embarked on a refresh of plant-based protein brand EVOLVE with new packaging and formulations to help it stand out in a category “experiencing broader acceptance.”
“By 2035, every tenth portion of meat, eggs, and dairy eaten around the globe is very likely to be alternative,” says a new report from Boston Consulting Group and Blue Horizon Corporation predicting alternative proteins could account for 11% ($290bn)...
As part of a “moonshot” to end hunger and eliminate food waste, The Kroger Co.’s Zero Hunger Zero Waste Foundation and seed stage funder Village Capital are offering $2.5 million in collective grants and development programming to 10 innovative startups...
Armies of microscopic single-celled microbial food factories (yeast, bacteria, fungi, algae) are now routinely deployed to produce high-value food ingredients more efficiently than plants or animals. But next-generation ‘cell-free’ biomanufacturing processes...
When it comes to feeding children, caregivers have a wealth of nutritional information at their fingertips that they say they understand, and yet most children fall short of the recommended intakes of fruit, vegetables and whole grains and consume too...
