MyForestFoods recently raised $15 million in Series A-2 funding to support the growth of its portfolio across the East Coast, including its mycelium bacon aptly called MyBacon, which was featured at the Vegan Women Summit in New York City May 19. The...
While scaling is a challenge for the plant-based industry, Tindle is focused on leveraging its minimal assets to expand its US presence through meal kits primarily sold online and limited retail launches, JJ Kass, VP of business development and strategy...
Moroccan food and beverage brand Mina is gearing up to expand in the US and around the globe with a new production facility and plans to enter the snack category with an on-the-go olive snack, brand founder Fouad Kallamni told FoodNavigator-USA.
FoodNavigator-USA sat down with Jillian Semaan, VP, sustainability in Ketchum’s food, agriculture and ingredient division, during the Vegan Women Summit in New York City to discuss how food and beverage brands can cultivate an authentic ESG and DEI strategy...
Consumers interested in health and wellness continue to shop more often for groceries and spend more on food and beverage than all shoppers despite economic headwinds, but the bulk of their investment currently is in the center of the store – not the...
Consumers are turning away from fresh as their stress levels rise – preferring the convenience and mood management claims offered more prominently in the center of the store, suggests data from consumer research firm Circana, previously known as IRI....
Grocery stores could lose upwards of $20b in sales in 2023, or 2.8% of the industry’s $850b in sales last year, due to cuts in the Supplemental Nutrition Assistance Program, formerly known as food stamps, and unless they act with “genuine” empathy that...
Cult Foods, an investor of cellular agriculture technology and products, and Peqish Food Co., a ready-to-eat culinary medicine food brand, are joining forces to develop and commercialize cellular agriculture food products within the medical foods framework.
Kraft Heinz’s recently launched HomeBake 425/:30 enters the frozen convenience category while playing to rising nostalgia for comfort foods like chicken parmesan, homestyle mac & cheese and cheesy broccoli.
Kraft Heinz expects to gradually regain lost market share in the US, which tumbled 30 points on a mix-adjusted basis in the first quarter, by selectively working with retailers to boost shelf space, ramping up marketing and innovation, and tackling lingering...
Sprouts Farmers Market’s decision to pull back on promotions and cater instead to less price-sensitive shoppers who follow specialty diets and are more health-oriented once was considered risky but now is paying off.
Food and beverage brands and retailers likely will not see any time soon a rebound in inflation-supressed units and volumes across categories despite the Labor Department reporting a dip in grocery prices in March for the first time in more than two and...
Retailers investing in private label to cater to consumers trading down as inflation rises, simultaneously are looking to offset lower dollar sales with a broader selection of premium offerings that can boost basket rings – creating an opportunity for...
Many consumers are ditching pizza takeout and dine-in experiences and opting for frozen pizzas as they look for products that resonate with their sense of convenience and value, Dana Baggett, client strategy for Vericast, told FoodNavigator-USA.
C-suite leadership should focus on sales and marketing in a value-driven market, rather than remain overly-focused on operations, according to Chief Outsiders' recent survey.
The proposal is intended to provide more flexibility for foods with standards of identity where salt is a required or optional ingredient, and “facilitate industry innovation to reduce sodium in standardized foods,” the agency stated.
Conagra Brands solid growth and margin recovery in its third quarter reflects its strategic success of “moving past discrete supply chain disruptions and prioritizing productivity and value over volume,” CEO Sean Connelly said during the company's...
Americans who consume more fresh vegetables experience a better mood compared to those who skip the greens, according to recent USDA research. The study offers insight for food and beverage manufacturers to meet growing consumer demand for functional...
While many industry stakeholders laud FDA’s efforts to reduce lead in baby food and products for children under 2 years old, they question the logic behind the tolerable levels proposed by the agency in draft regulation and want additional guidance on...
Newly formed trade group Founders Heritage is connecting consumers to authentic products with a new certification that highlights food and beverage brands focused on unique heritages and cultures.
The food-as-medicine movement is at an inflection point, and Free From Market is gearing up to make its patient-driven, digital health platform a solution for improving health outcomes.
FDA could seek disciplinary action against baby and toddler food manufacturers for lead and other contaminates even before it finalizes recently proposed draft guidance to limit lead concentrations in packaged food for young children, agency officials...
As dollar and unit sales of frozen and refrigerated plant-based meat at retail continue to slide and grocers cut back on their selections of refrigerated meat alternatives, many stakeholders are wondering if the honeymoon period for the category has ended,...
Americans’ understanding of processed and ultra-processed food varies quite a bit, according to research from the International Food Information Council, indicating an opportunity for marketers to educate consumers ahead of potential scrutiny by regulators...
Xiao Chi Jie (XCJ), the modern Chinese food brand that helped put authentic soup dumplings on the US map by cultivating a cult-like direct-to-consumer following during the pandemic is ready to expand into brick and mortar stores this April with a new...
Kraft Heinz is entering the final stage of its transformation in which it plans to capture $2b in incremental net sales from innovation through 2027 after the company has systematically rebuilt itself following the dramatic fallout of an aggressive cost-cutting...
With a 22% sales lift and a slimmed down net loss year-over-year in the fourth quarter, private-labeler TreeHouse Foods is reaping the benefits of recently raised prices, a still generous price gap compared to competitors and a reshaped portfolio that...
Kellogg will keep its iconic plant-based MorningStar Farms brand as part of its global snacking company rather than spin it off as a standalone business or sell it – backtracking on an idea floated by the CPG last summer when it revealed plans to split...
Most Americans think about food in terms of servings, but Johns Hopkins-trained cardiologist Elizabeth Klodas talks about the snack bars, pancake mix, granola-like sprinkles and packets of oatmeal she offers under her brand Step One Foods’ in terms of...
Research shows school meals are the healthiest source of nutrition for most students in the US, but the US Department of Agriculture thinks they can be healthier, which is why it is proposing stricter standards that would reduce added sugars, fat and...
As frozen pierogi maker Mrs. T’s celebrates 70 years of tucking ‘the stuff you love’ into a soft pasta pockets shaped ‘like a smile,’ the founder’s son and now company president reflects on what it takes to not only survive but thrive for seven decades...
Following a successful direct-to-consumer (DTC) pilot program, Schwan’s Company is officially launching two DTC pizza offerings, which will allow consumers to order gluten-free Fresechetta or artisanal Hearth & Fire pizzas from the comfort of their...
FDA’s long-awaited guidance for limiting lead concentrations in packaged food for babies and toddlers published yesterday estimates a reduced exposure risk upwards of 27%, but according to some stakeholders this isn’t high enough.
By Soup-To-Nuts Podcast: Emerging demand for positive nutrition must balance functional benefits, taste, sustainability and convenience
Born out of the pandemic when product availability was unpredictable or limited and when a premium was placed on immunity-boosting, consumers in 2023 increasingly are seeking positive nutrition – both for themselves but also for the planet and workers...
Campbell Soup Co has unveiled plans to close its snacks division offices in Charlotte, NC, and Norwalk, CT and consolidate operations at its HQ in Camden, NJ, which will benefit from $50m of investment over the next three years.
The maker of mycoprotein-based seafood alternatives has begun buildout of a new facility in the US, from where it will produce products for the European market.
While egg prices were up a staggering 59.9%* year-on-year in December 2022 thanks to rising costs compounded by avian flu, refrigerated liquid plant-based alternatives have come down in price, with unit sales (+14.2%) outpacing dollar sales (+8.4% to...
Dollar sales of foods and beverages in IRI-measured multi-outlet stores in the US rose 8.7% to $753bn in 2022 vs 2021, driven by double-digit inflation, while unit sales dropped -3.3%, although units are still above pre-pandemic levels, according to IRI...
Heyday Canning Co – a startup on a mission to disrupt the ‘tired’ canned food aisle – has secured authorizations at Whole Foods nationwide, a couple of months after debuting at Sprouts stores nationwide.
Canadian meat alternative producer No Meat Factory has closed a $42m series B round as it gears up to open a second factory, and says it is seeing significant demand for high-quality capacity, despite the recent slowdown in sales at US retail.
Despite concerns that high energy prices, supply chain and labor challenges, and geo-political strife will continue at least through the end of the year if not longer, many CPG executives remain optimistic about their companies’ performance, according...
Procurement intelligence and analytics provider Beroe predicts that corn prices will remain high due to supply chain disruptions and increasing production costs.
A study published in the journal Nature Food outlining key production metrics at cultivated meat co Believer Meats, “shatters” some of the assumptions made in a high-profile article in The Counter, which argued that cell-cultured meat faced “intractable”...
Bay area-based cultivated meat startup New Age Eats (formerly New Age Meats) is letting go of an almost-complete pilot facility in Alameda where it had planned to showcase its tech to produce cell-cultured pork.
Echoing a move he made while at Chobani when he took charge of a new ‘demand’ department, Impossible Foods president and CEO Peter McGuiness has hired CPG industry veteran Sherene Jagla as its first chief demand officer as part of a plan to integrate...
Multiple semi-finalists in the prestigious XPRIZE ‘Feed the Next Billion’ competition have pulled out following a rule change enacted mid-way through the process relating to title sponsor ASPIRE which contestants argue is “unrealistic for any venture-backed...
Fresh pickle maker Grillo’s Pickles has accused rival Wahlburgers of falsely advertising its pickles as ‘fresh,’ ‘all-natural’ and containing ‘no preservatives,’ when tests allegedly show the products contain “considerable amounts of benzoic acid,” which...
While several firms are growing fungi in fermentation tanks to make meat analogs, Israeli startup Kinoko is ditching the stainless steel vessels, adding fungi strains to legumes and grains in stacked trays, and letting them work their magic in a solid...
Agribusiness giant Bunge has announced it will invest approximately $550 million to build a new soy protein concentrate (SPC) and textured soy protein concentrate (TSPC) facility to meet rising customer demand for plant-based ingredients.
Soup season is in full swing as temperatures across the country drop and cold and flu cases rise. But staying warm and reinforcing their reserves when sick aren’t the only reasons sales of soup are up significantly this year over last, according to new...
