While some industry players are reining in spending to build-up reserves in case of a recession, General Mills is taking the opposite tack – choosing to double down on investments and explore acquisitions that could help it stay ahead of the competition...
The Kellogg Company’s unexpected announcement Tuesday to split its snack and cereal empire into three independent, public companies “to better position each business to unlock its full potential” tears a page from Kraft Foods’ playbook ten years ago when...
Kroger is seeing inflation heavily impact the way consumers are shopping at its stores, with many choosing more store brands and selecting fewer premium products (eg. switching from beef to pork), says CEO Rodney McMullen.
Mondelēz International has generated consistent growth across its portfolio of biscuits, chocolate, cakes, and pastries, and will keep its focus on these categories as the company navigates current economic volatility, says Mondelēz International CEO...
DouxMatok, the Israeli firm behind patented technology that makes sucrose taste sweeter, has teamed up with Batory Foods to distribute its Incredo enhanced sugar in North America.
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?
NFL free agent player and ESPN broadcaster Tim Tebow is joining the ranks of low-sugar, plant-based nutrition bar company NuSkool Snacks, a move founder and CEO Joe Christensen believes will help the brand secure new accounts and distribution.
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...
Low-carb, high-protein cereal brand Magic Spoon has closed an $85m Series B fundraise led by private investment firm HighPost Capital and will also be making its exclusive retail debut at Target stores nationwide.
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.
When co-founders Philip Teverow and Pierre Thiam first launched Yolélé Foods and its flagship product fonio, a West African ancient grain, the lack of consumer awareness was the brand's biggest challenge. Now roughly four years later, the brand is...
Fast-growing fermented food manufacturer Cleveland Kitchen hopes to grow 100% this year, with new products and expanded distribution from the equity acquisition of the likeminded natural pickle and sauerkraut fermenter Sonoma Brinery announced today.
General Mills and Ecosystem Services Market Consortium (ESMC) are working together on a multi-year plan to scale and expand a program, called Eco-Harvest, which rewards farmers for beneficial outcomes of regenerative agricultural practices.
JM Smucker’s optimistic outlook for fiscal 2023 despite ongoing headwinds related to inflation, supply chain challenges, uncertainty about consumer spending and impact from its Jif peanut butter recall is notable as it is one of the first CPG companies...
US adults are advised to consume no more than 2,300mg of salt per day (the equivalent of 1 teaspoon), according to 2020-2025 Dietary Guidelines, an amount that is easy to surpass thanks to the high levels of sodium in many processed and packaged food,...
After three years of helping Kraft Heinz claw its way up “from the bottom,” where it crashed after previous management prioritized inorganic growth and cost-cutting measures, CEO Miguel Patricio wants credit given where it is due.
Consumers are taking a more mindful approach when it comes to chocolate consumption by balancing their cravings for indulgence with a growing interest in various better-for-you attributes whether it be health related or environmental, says global chocolate...
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,...
Even as General Mills adopts an ‘always on’ approach to mergers & acquisitions, it remains dedicated to driving organic growth through innovation by deploying elite tiger teams to identify consumer problems and then develop and test solutions-oriented...
San Diego-based Mooski is carving out a niche spot for itself in the emerging refrigerated bar space with a chilled oat bar line which offers consumers a fresher, cleaner version of the traditional granola bar, says founder Robert Broome.
From the latest animal-free 'milk' launch fueled by Perfect Day's whey protein (made without cows), to plant-based bacon, fungi-based steaks and no-sugar-added gummies, checkout FoodNavigator-USA's latest roundup of new product launches.
While most Americans are not short of protein, 90%+ of women and 97% of men fail to meet recommended* intakes of fiber. However, growing awareness of the relationship between fiber, the gut, and immunity, coupled with a wave of keto product formulations,...
Oat bar company Bobo's is continuing its growth streak, predicting 45% growth for the full year 2022 vs. 2021 even as challenging supply chain conditions linger, says CEO TJ McIntyre.
While its legacy may be in chocolate, The Hershey Company's portfolio of snacks has grown by leaps and bounds over the last several years, positioning the company as a growing snacking powerhouse, says Todd M. Scott, manager, corporate brand &...
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...
General Mills’ sale of its iconic Helper main meals and Suddenly Salad side dish business for $610m to Eagle Family Foods Group will free up resources and help rebuild its cash reserves as it continues to hunt for acquisitions to build out its five core...
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,...
While the past couple of years have been a bit of a rollercoaster ride with supply chain challenges and soaring inflation, KIND posted a 15% increase in sales in the US market in 2021, and is enjoying "really robust growth" in 2022, says KIND...
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...
Unit sales of Flowers Foods' top brands still grew in the first quarter, despite significant price increases, said executives at the Georgia-based baking giant, which is gearing up for a second wave of price increases in June. "Importantly,...
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%+...
Tyson Foods is betting big on ready-to-eat and value-added products, which it estimates could return margins of 10-12% even during a recession, as part of its ambitious goal to get ahead and stay ahead of the competition and outpace the market.
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...
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...
With the global food system under significant pressure to keep up with the world's growing population, The Kellogg Company's SVP of global R&D and innovation Dr. Nigel Hughes presents how international food and beverage companies can take...
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...
Good Good, an Icelandic breakfast brand of no-sugar-added products, has closed a $20m Series B funding round which will help support new low-sugar product innovation and future US product distribution.
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...
Being an entrepreneur can feel desperately lonely – especially in the early days when budgets are tight, days are long and challenges crop up constantly – but as romantic as the idea of buckling down and becoming ‘self-made’ may be, few founders actually...
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...
SpoonfulONE, a line of nutritional products that introduces babies to 16 food allergens at the beginning of their feeding journey, has expanded distribution to nearly 5,000 Walgreens stores nationwide helping make early allergen introduction a common...
Despite its grim near-term figures, Beyond Meat’s long-term prospects are good, insisted CEO Ethan Brown on the firm’s Q1 earnings call Wednesday as analysts queried how much longer the plant-based meat firm would have to speculate before it started to...
MSP Starch Products Inc., makers of the branded ingredient Solnul Resistant Potato Starch, said the offering has been certified by the Upcycled Foods Association (UFA).
PepsiCo is working alongside academia and other partners to develop our understanding of the oat genome for use in open-source applications. The company believes this can unlock gains in the fields of health and sustainability.
