Ahold Delhaize, which owns several US retailers including Giant, Food Lion, and FreshDirect, reported that US regional sales were slightly down for the full year 2021 but that its grocery e-commerce sales picked up some of the slack.
Launched less than a year ago by a mix of entrepreneurs, investors, fitness industry veterans, and celebrity Dwayne Johnson, ZOA Energy claims it has quickly become the fastest-growing energy drink and #2 brand in the healthy energy drinks category (per...
Energy drink firm Celsius reported passing the $100 million quarterly revenue mark in its recent year end earnings filing. The company made strides in both brick and mortar distribution and greater penetration in online platforms.
Natural colour maker Phytolon is collaborating with Ginkgo Bioworks to take its biological production to the ‘next level’. FoodNavigator asks Phytolon co-founder and CEO Halim Jubran how its novel production technology works.
PepsiCo is already hitting notable milestones and reaping financial benefits from its ambitious pep+ plan announced last fall that places sustainability at the center of how the CPG giant says it will create value and drive growth, according to CEO Ramon...
JM Smucker continues to be dogged by inflation, supply chain constraints, labor and transportation challenges, prompting the maker of Jif peanut butter and Café Bustelo coffee to lower its earnings and revenue outlook for the year at the close of its...
Through a combination of rapid innovation, investing in growth platforms, ongoing “prudent” M&A and strategic paring down of labor and factories, Nestle is on track to deliver solid mid single-digit organic growth in 2022 and into the foreseeable...
Nearly a third of the world's crop fields will be unsuitable for food production by the end of this century unless carbon emissions are curbed, warns the latest instalment of the IPCC climate change report.
UPDATED: An SEC filing from key shareholders at Lifeway Foods suggests all is not well at the top of the Illinois-based kefir company, with feuding members of the family that created it seeking the removal of CEO Julie Smolyansky and urging the board...
Several international food and beverage companies have temporarily shut down operations in Ukraine following Russia's invasion to ensure the safety of employees while bracing for the long-term economic impact that skyrocketing commodity prices and...
What are consumers looking for when it comes to healthy and functional beverages? Is it sparkling water to kick a sugary soda habit or a daily wellness shot with ginger and turmeric for an immunity boost? Find out in the third and final session of FoodNavigator-USA's...
Spring is around the corner which means diet food and fitness marketers will soon begin pressuring women to swap favorite foods with low-calorie, low-carb and low-sugar alternatives to help “get their beach bodies back,” and encouraging men hit the gym...
Keurig Dr. Pepper reported continued top-line performance growth of 8.7% for Q4 2021 vs. the prior year driven by its packaged beverages segment, which posted nearly 10% in net sales growth for the full year and a 17% increase in Q4 2021.
The hemp/CBD market is going through a reckoning but ultimately will emerge in a stronger position, said the head of one of few publicly traded companies in the sector.
Upcycled food products (made from ingredients that would otherwise not have gone to human consumption) are the most straightforward and scalable path to reducing and preventing food waste, says Upcycled Food Association CEO Turner Wyatt.
Perfect Day – one of a new breed of startups deploying synthetic biology to coax microbes into expressing animal proteins such as whey – has teamed up with new brand betterland foods to launch a ‘cow-free’ milk it claims is “virtually indistinguishable...
Nitro Pepsi – which uses nitro tech to create a drink which departs from traditional soda in terms of look, taste and drinking experience – will launch in the US next month. “Much like how nitrogen has transformed the beer and coffee categories, we believe...
With the help of a $7m fundraise, Startup De La Calle is bringing to more Americans nationwide a modern version of the beloved and naturally functional Mexican “street vendor treat” tepache – a probiotic beverage made from fermented organic pineapples...
San Leandro-based Geltor – which has developed a computational biology platform to create ‘designer’ functional proteins via precision fermentation – has completed its first commercial-scale manufacturing run of PrimaColl ‘animal-free’ vegan collagen...
Emerging Asian-inspired sparkling water brand Sanzo, which has just raised $10m in a Series A financing round led by CircleUp Growth Partners, is seeking to bridge the gap between mainstream sparkling water brands and quintessential Asian flavors such...
Walmart continues to rollback prices on select categories, including dry grocery, despite rising inflation and other retailers’ decisions to pass higher costs – at least in part – through to consumers.
The announcement was made in a press conference webcast by Nestlé CEO Mark Schneider, as the company reported strong annual growth in 2021, in its full-year results.
What up-and-coming plant proteins are the most exciting? Chickpeas? Hemp? Canola? Barley? Pongamia? What do we really know about the best overall dietary pattern to support a healthy gut microbiome? And how do we educate consumers about the benefits...
Consumers grappling with skyrocketing grocery prices due to fast-rising inflation may take cold comfort knowing that the increases are not as dramatic as other sectors or as high as in past economically difficult periods in part because of industry’s...
Coca-Cola has announced that at least 25% of its beverages sold globally across its portfolio will be sold in refillable or returnable packaging by 2030, scaling up initiatives such as its ‘universal bottle’.
Waterdrop – an Austrian startup that has gone from zero to $100m in revenue across 12 countries in five years with dissolvable plant- and vitamin-packed sugar-free cubes (‘micro-drinks’) you can drop into tap water – plans to aggressively ramp up its...
Value-added milk brand fairlife LLC, a subsidiary of Coca-Cola, has surpassed $1bn in retail sales, breathing new life into the sluggish fluid milk category.
Quorn is the latest food company to unveil plans to look into the deployment of green hydrogen technology at its facilities in order to cut down on fossil fuel use and meet climate targets.
Food innovations fueled by the pandemic will answer consumer demand for snacks, immunity and comfort, but beware of nutrition misinformation shared on social media, says the 10th annual What’s Trending in Nutrition survey.
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.
Splendid Spoon, a direct-to-consumer 'no prep' fresh meal delivery service, has closed a $12m Series B funding round to fuel its expansion into new product categories, explore new channels, and further personalize its customer experience, said...
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.
In unveiling stricter ‘transitional’ school nutrition standards for the upcoming academic year, the Department of Agriculture appears to have drawn a line in the sand for what could become a contentious debate between schools, industry and other stakeholders...
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...
Shaka Tea has been acquired by Irresistible Foods Group, the parent company of King's Hawaiian (known for its packaged sweet bread rolls), to accelerate the distribution and brand awareness of the Hawaii-based beverage company.
Zero-sugar energy drink brand ZOA Energy has secured a $10m line of credit from Gerber Finance to continue its exponential growth in the energy drink category since launching in March 2021.
ZenWTR bottled water company and celebrity darling is the first beverage brand in the world to receive Plastic Negative Certification from the Plastic Credit Exchange.
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...
With 95% of consumers reporting to eat during the morning an average of six times a week, the breakfast occasion is a big business with several consumer trends shaping the future of the category, reports IRI.
Chobani continues to expand beyond its yogurt stronghold with today’s dual launch of ultra-filtered milks, which takes it into an increasingly competitive and sub-segmented category, and half & half, which reinforces its burgeoning position in the...
Microbes from yeast to fungi are now routinely used to produce some ingredients more efficiently than plants or animals. But next-gen ‘cell-free’ processes that deploy some of the biomolecular machinery inside the cell wall, could slash R&D lead times...
Functional soda brand Olipop's $30m Series B funding round led by a long roster of celebrities, beverage industry veterans, and entrepreneurs, will help make the brand mainstream, according to co-founder David Lester.
PepsiCo’s energy drink Rockstar is launching Rockstar Unplugged: ‘a new kind of energy drink which focuses less on providing a big hit of energy and more focus on enhancing good vibes’.
In the race to bring the high intensity sweetener brazzein to market at commercial scale, taste solution provider Sweegen is claiming first place today with the launch of Ultratia, which the company says is a key tool in improving the health profile of...
