Retail ice cream sales surged in the early weeks of the pandemic as consumers turned to comfort foods during the lockdown, but the runaway success story in the category has been frozen novelties, which have emerged as a go-to portion-controlled snack...
Sugar giant US Sugar says it “fully intends to litigate” to prove its proposed deal to acquire rival Imperial Sugar will not result in higher prices and harm sugar buyers after the Department of Justice (DOJ) filed an anti-trust lawsuit in a bid to block...
New Culture – one of a cluster of startups in the emerging ‘animal-free’ dairy space genetically engineering microbes to produce dairy milk proteins, without cows – has raised $25m in an oversubscribed series A round led by Ahren Innovation Capital and...
Eat Beyond has entered an agreement to acquire all of the outstanding share capital of Mylk Brands Inc., and in the process will acquire non-dairy milk brand Banana Wave, produced by Mylk's wholly-owned subsidiary Fresh Start Beverage Company.
Membership-only natural and organic online marketplace Thrive Market now generates a third of its sales from 700+ private label products spanning everything from super fine almond flour to grass-fed beef. FoodNavigator-USA caught up with Jenna Engleman,...
Unilever is selling its developed markets tea business for €4.5bn, more than a year after the company launched a strategic review of the unit. According to some industry pundits, the deal represents ‘an important first step’ in portfolio rationalisation....
While scientists are still unlocking the secrets of the microbiome, it’s becoming increasingly clear that the billions of bugs in our bodies are intimately connected to our health and wellbeing. But how far have we come since Jamie Lee Curtis first introduced...
Baby and toddler food and beverage manufacturers looking for innovation inspiration will find a treasure map for new product ideas in the recommendations for children under two years included, for the first time, in the current Dietary Guidelines for...
Walmart is gaining market share in grocery in the US by not only holding prices steady as many competitors raise them in the face of increasing inflation, but also by continuing to look for rollbacks – a counterintuitive strategy it says will benefit...
Spero – which is carving out a niche in the plant-based dairy and egg space by using seeds as a base rather than nuts and legumes – has moved into a new 31,000sq ft production facility in San Jose and is already scouting for a 100,000sq ft facility for...
General Mills moves into the emerging ‘animal-free’ dairy category with a brand called Bold Cultr – a lactose-free cream cheese alternative utilizing dairy proteins from Perfect Day made via microbial fermentation (without cows).
Currently dominated by the duopoly of Kraft and Annie's, the macaroni and cheese category is in need for disruption, say the founders of GOODLES, a new 'adultified', better-for-you mac and cheese brand that gives adults the permission to...
GrubMarket, a San Francisco-based food supply chain e-commerce company, has raised $200m in a Series E funding round, bringing its total valuation to over $1.2bn.
Packaged baby and toddler food manufacturers may have a better chance of winning over new mothers – many of whom prefer feeding their children fresh, natural homemade food – if they fortify their products and clearly communicate the benefits of added...
Full year 2021 revenues at Oatly will likely exceed $635m, up 51% vs 2020, but well under the $690m+ the Malmö-based oatmilk maker was projecting over the summer, thanks to slower-than-expected production in the US, inflationary pressures, and ongoing...
