While the pandemic may have slowed the flow of venture capital funding in some segments of the packaged food and beverage industry earlier this year, analysis from Finistere Ventures shows it threw open the tap for the food- and ag-tech sectors, which...
Strong sales and market share gains in Kroger’s third-quarter announced last week suggest its controversial three-year, four-prong ‘Restock Kroger’ initiative is paying off and could insulate the retailer against a potential growth slowdown once a coronavirus...
The Coca-Cola Co. is trying to make the best of a bad situation by using the pandemic, which had decimated its revenues with the closure of public places, as a “catalyst for change” to “drive out some of the bureaucracy,” refocus on local opportunities...
Supplement and organic foods retailer Natural Grocers said a continued emphasis on vitamin D, immune support and blood sugar management will lead industry trends in 2021.
Mondelēz International is pouring more investment into marketing and media efforts for its legacy brands with a focus on delivering more value to consumers as the company vies to maintain, and possibly gain, further market share in snacking categories...
Analyzing user behavior for its more than 30 million active diners this year, online and mobile-food ordering platform Grubhub saw surging orders for comfort foods and a rise of ready-to-drink coffee orders.
Kraft Heinz is pulling back on innovation in favor of renovating well-established, iconic brands to which consumers have flocked during the coronavirus pandemic in an effort to maintain household penetration gains made in the last nine months of lockdowns,...
KIND's pending acquisition of Nature's Bakery, a family-owned, better-for-you snacking company best known for its soft-baked fig bars, gives the nutrition bar giant and its parent company Mars a stronger foothold in the nut-free snack bar category....
Faced with rising food prices and stagnant or reduced income during the pandemic, Americans are embracing a more DIY-approach to sourcing and cooking food to save money, and are less tolerant of waste that they believe could help feed the hungry, according...
Even though pandemic-related supply chain and manufacturing constraints hindered Hormel Foods ability to meet “unprecedented” demand in its fourth quarter, causing it to miss potential sales and volume growth, executives are confident it can meet demand...
After a tumultuous year caused by the pandemic, Danone is transitioning from a category-led to a "Local First" business model, which will help the company return to profitable growth as soon H2 2021, said Danone chairman and CEO Emmanuel Faber....
Without the physical constraints of brick and mortar stores, e-commerce offers retailers an opportunity to appeal to more than just mainstream shoppers by diversifying their assortment to attract niche consumers who often will spend more for specialized...
US grocery retailer Kroger and UK-based grocery e-commerce tech company Ocado will construct an additional automated Customer Fulfillment Center (CFC) in the South region, while also collaborating to roll out in-store fulfillment (ISF) capabilities across...
As cases of COVID-19 resurge nationwide, retailers are bracing for another round of potential stockpiling and increased consumer demand by ordering more product – a trend that could strain production at plants already operating at capacity, suggests JM...
After initially hitting pause on new deals during the early days of the coronavirus outbreak, investors have steadily returned to the bargaining table, but the CEO of one venture capital firm warns the pandemic has raised the bar for and slowed the pace...
Toronto-based Mother Raw, a fast-growing brand of fresh, plant-based dressings, condiments, and quesos, has closed a US$6.1m Series A financing round to accelerate distribution across the US while expanding marketing and innovation initiatives, said CEO...
As consumers continue to navigate the pandemic’s threat to their physical and emotional health in the New Year, they increasingly will seek nutrition that is personalized, technologically enhanced, mood moderating and immunity boosting, according to Innova...
Membership-only natural and organic online marketplace Thrive Market – which now generates 28% of its sales from private label products - has gained 300,000 new members since the coronavirus pandemic hit, taking membership numbers to almost a million,...
This week Americans will kick off the winter holiday season with a Thanksgiving like no other in recent memory as the ongoing pandemic forces many people to eschew typical large gatherings in favor of smaller solo or household affairs – a change that...
Surging COVID-19 cases across the country in the coming three months presents “a very challenging environment,” which threatens near term supply chain viability despite proactive steps to protect employees and automate production, warns Post Holdings...
Consumers’ desire for comforting, nostalgic and indulgent foods and beverages as a way to cope with pressures from the pandemic, election and economic hardship in 2020 is about to clash with more austere preferences more typical of each new year, including...
While consumer understanding of prebiotics may still be in its infancy, basic knowledge around the topic is growing as more food and beverage brands enter the category, finds Kara Landau, founder of prebiotic functional food brand Uplift Food.
Rip Van Winkle* slept for 20 years and woke up to find the world had completely changed. The founders of Rip Van came up with a snack while studying at Brown University in 2010 (inspired by Washington Irving’s famous fictional slumberer), worked like...
With the holidays approaching, half of US shoppers surveyed by Frito-Lay said they will be shopping for their holiday groceries online this year (up from 15% in 2019) with snacks being a top item for 77% of surveyed consumers.
TRUFF – best known for its luxury truffle-infused hot sauce – has expanded into the premium pasta sauce category, an area of the store co-founder Nick Ajluni feels is a natural evolution for the fast-growing brand, which has registered triple-digit sales...
While snacking was on the rise long before the coronavirus outbreak, new research from Mondelēz International shows the pandemic has turbo-charged the trend – spurring more people to snack more often, but for entirely different reasons than they did before...
Despite higher interest in plant-based eating, Gen Z consumers are less likely to shop, prepare, and eat fresh vegetables than any other generation, according to Mintel research.
Despite ongoing economic uncertainty, “anticipated recessionary spending behavior” such as increased spending on private label and value brands and a shift towards value channels, “hasn’t occurred to date,” claims IRI in a new report exploring the opportunity...
One of the reasons COVID-19 is so unsettling is because the virus’ impact on each individual is so different. Researchers say a number of factors could impact this — including age, race, gender and an underlying mechanism.
When the pandemic prompted some retailers to delay category resets or close their doors temporarily to new brands, the emerging wellness shot brand So Good So You didn’t dwell on delayed distribution opportunities – rather it doubled down support for...
Meal kit co Home Chef – now part of Kroger – is generating “double-digit, near triple-digit growth year on year,” as it has expanded its offering beyond traditional meal kits that may take 45-55 minutes to prepare, to fully cooked prepared meals that...
Joe Biden’s presidential victory projected this weekend could open the door for the CPG industry to play a more dynamic role in America’s economic revival, including shaping new consumer protections and food safety measures, as well as pursue a more industry-friendly...
Sales of The Hershey Co.’s iconic chocolates and confections significantly outpaced the category during the company’s third-quarter thanks to targeted, nimble marketing that positioned the sweets at the center of socially distant and much needed get-togethers...
A weak performance in foodservice and slower than-expected growth at retail combined to deliver a modest 2.7% increase in Q3 revenues to $94.4m at Beyond Meat, a figure “lower than we expected,” CEO Ethan Brown told analysts Monday. However, he insisted...
Rabobank has announced the 15 finalists – food and ag entrepreneurs spanning everything from edible spoons to plant-based eggs - who will compete in its livestreamed FoodBytes! Pitch competition on December 2.
When the coronavirus first shuttered schools and threatened more than 22 million children’s access to the free and reduced breakfast, lunch and snacks, on which they relied for nutrition, PepsiCo’s Food For Good joined other non-profits, government agencies,...
Projecting its sixth straight year of double-digit growth, PepsiCo-owned Propel is taking advantage of the recent surge in consumer interest around immune health with the launch of its Immune Support line containing vitamin C and zinc.
Reporting a 22% net sales increase to $495.8m for the third quarter (ended Sept. 27, 2020), B&G Foods continues to benefit from its portfolio of brands and products which are “very well-suited for the stay at home, work at home, cook and eat at home...
If you’re looking for a mature – and kind of dull - part of the grocery store, checkout the bouillon cubes category. According to Nielsen data* supplied to FoodNavigator-USA, US retail sales edged up 0.6% in the year to Oct 27, 2018 and a modest 2.8%...
Ahold Delhaize – whose store brands in the US include Food Lion, Giant, Hannaford, and Stop & Shop – is accelerating its omnichannel business model with dozens of new stores and nearly 1,400 new Click & Collect locations planned for 2021, as well...
Amy’s Kitchen – maker of frozen organic foods and shelf-stable soups – is on course to generate revenues approaching $600m in 2020, a double-digit increase vs 2019 for the family-owned vegan and vegetarian food brand, which will open a new pizza production...
An analysis of nationally representative long term survey data has found that high vitamin A, E, and D intake may be linked to fewer respiratory complaints in adults.
Limited access to processing facilities is a top contributor to food waste, and a major hurdle that blocks mid-sized food and beverage businesses from scaling to the next level – two challenges that startup Matriark Foods is hoping to bypass with a unique...
Brands’ acquisition and retention of new customers – and investors – increasingly hinges on their ability to provide experiences and a sense of community that can help relieve customers’ emotional strain due to limited contact with others during the drawn-out...
A new study found that a mother’s vitamin D level during pregnancy is associated with their children's IQ — suggesting that higher vitamin D levels in pregnancy may lead to greater childhood IQ scores. The study also revealed significantly lower...
The light shined by the pandemic on the toll the food system is taking on the environment and the people who grow, process and deliver food is turbo-charging already mounting consumer demand for products that are organic, responsibly sourced, clean label...
Americans are having difficulty maintaining emotional balance and holding to fitness goals during the pandemic crisis, an Optimum Nutrition consumer survey has found.
As consumers settle into pandemic-living and establish new shopping and cooking habits, they increasingly are looking for more than nutritional sustenance from food and beverage products – they also want a deeper, emotional connection that one branding...