As frozen food sales stabilize from record-high numbers experienced during the height of the pandemic, older millennials have now become the category's largest consumer -- seeking a more diverse culinary selection of products made with fewer and...
Counter to claims (or hopes) by The White House and others that rising US prices are “transitory,” inflation continues to rise – cresting 7% for all items in December year-over-year, marking the fastest increase since 1982 and the third straight month...
Foxtrot, a chain of modernized neighborhood convenience stores stocking a curated selection of local goods and growing assortment of its own private label products, has raised $100m in Series C funding to support new stores, digital shopping enhancements...
With the acquisitions late last month of snack brands ParmCrisps and Thinsters, the Hain Celestial Group is just getting started on a shopping spree that CEO Mark Schiller says will transform the company from a “holding company” with a far-reaching and...
Americans continue to leave their jobs in droves, and while the negative impact can be felt across industries the manufacturing segment – especially within food – continues to be hit hard, according to data from the Bureau of Labor Statistics.
Conagra Brands will raise prices across its portfolio and leverage other cost savings measures to offset higher than expected inflation, which squeezed its margins in the second quarter and which CEO Sean Connolly does not expect will ease any time soon...
Walmart is scaling up the availability of its InHome delivery service from 6 million to 30 million US households by the end of 2022 in response to the large swath of online shoppers who prefer the convenience of the service without having to be present...
The supply chain bottlenecks, labor shortages and rising inflation that have plagued the economy during the pandemic may last longer than previously expected with some businesses facing “deteriorating” conditions due to omicron and other coronavirus variants,...
Despite logistic operators’ best efforts to restore normalcy to global supply chains, Rabobank predicts that “disruptions will continue to be on the menu for 2022.”
The temporary freeze on mergers and acquisitions in the food and beverage space seen in the early days of the coronavirus outbreak is long gone as deal making in the segment rebounded in 2021 to levels rivaling pre-pandemic – but many of the companies...
New Year’s resolutions to eat healthier – including cutting back on sugar and alcohol or adopting a new diet – are back in 2022 after many Americans took a hiatus from them last year as they navigated pandemic-related stress, according to new research...
Protein Industries Canada is ramping up the production of the lupin bean making it a staple crop (along with pea and soy) for Canada's plant-based protein industry.
Fear and frustration related to the ongoing pandemic will continue to shape flavor preferences in 2022 with consumers gravitating to taste profiles that signal health benefits, hint at escape to far away lands, offer comfort or promise something new,...
Square Roots, an indoor and locally-grown farming company using retrofitted shipping containers to grow a variety of leafy greens and herbs, is unveiling a new brand identity to distinguish it and the added benefits of its products in a competitive category...
Tracking online grocery shopping habits over the past year, Instacart identified a shift back towards convenient on-the-go food items and the rising adoption of viral food recipes and hacks popularized by social media platforms such as TikTok.
Figuring out what kids are craving while pushing them to try new types of food is a challenge for many families and households, notes Chartwell K12, which put together its list of top kid-approved food trends based on its specialized insights creating...
Tyson Foods is aggressively repositioning itself as a sought-after workplace, investing in automation and other operational performance improvements and reinforcing its leadership position through marketing and innovation in order to reverse sharp earnings...
Two Good Greek yogurt has become a $200m+ brand, and the #2 contributor to dollar growth in the total yogurt category, in its third year on the market, claims Danone North America.
Move over sourdough, a new era of baking is rising in 2022 that focuses less on practicality and austerity and more on decadence, extraordinary experiences, celebration and holistic well-being, according to industry insiders.
Food has taken on deeper meaning for many consumers serving as a connection to experience, community, and personalized health goals, noted Tastewise in its 2022 report, which uses AI to analyze over 1 million restaurants and delivery menus, 22 billion...
Tyson Foods said it will give approximately $50m in year-end bonuses to frontline and hourly team members for their ongoing efforts over the past year.
Animal protein producers are making some strides in managing environmental, social, and governance (ESG) risks, but the vast majority are still falling short on fundamental practices including measuring methane gas emissions, according to the Coller FAIRR...
Short of a Christmas miracle, ongoing port delays and other supply chain disruptions alongside rising inflation and labor challenges will continue long into the New Year – not only threatening holiday sales and deliveries in the short term, but also consumer...
The Federal Trade Commission (FTC) is ordering nine CPG suppliers, retailers and wholesalers to share proprietary data about how they source, transport and distribute products as part of an investigation opened yesterday into the ongoing supply chain...
For most Americans, coffee is an integral part of their daily ritual that is so ingrained that not even the chaos of the pandemic could break them of their habit, but according to the National Coffee Association, it did change how and where many reached...
No longer solely confined to higher-income households, General Mills is seeing mass consumer uptake of its Natural & Organic portfolio as the company works to make its brands more accessible to as many consumers as possible.
The risks JM Smucker took as one of the first CPG companies to announce sweeping price increases in the face of inflation earlier this year are paying off as the company’s sales grew high single digits with “every business outperforming our expectations”...
Weighing unpredictable inflationary prices, a prioritization of wellbeing along with an enduring pandemic, consumers are self-editing their grocery baskets and carts by asking themselves one fundamental question -- "Do I need this?" -- when...
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.
Despite the surge in hunger, sluggish supply chains and transportation woes that have drastically delayed food production, delivery and availability since the coronavirus outbreak more than 20 months ago, cross-disciplinary experts at the global design...
Belgian-Dutch retailer Ahold Delhaize, parent company of Food Lion, Giant, FreshDirect, Stop&Shop, and Peapod in the US market, is heavily investing in its omnichannel strategy to meet consumers' at-home eating needs.
Bobo’s is embarking on a major capacity expansion to meet demand for its baked oat bars, bites, and toaster pastries, with a new ‘mega-bakery’ facility set to open in summer 2022 in Loveland, Colorado, that will consolidate manufacturing and warehousing...
Hain Celestial will raise prices a second time to offset higher than expected inflation and costs associated with supply chain and transportation challenges after successfully hiking prices in September roughly 6% to 10% across virtually every brand in...
Sprouts Farmers Market’s decision before the coronavirus outbreak to pull back on “ineffective and unprofitable promotions” may have helped boost margins, but it took a toll on traffic and sales – a problem that has been exacerbated by the drawn-out pandemic,...
Despite recent warnings that key holiday foods may be out-of-stock or more expensive than previous years due to ongoing supply chain challenges, consumer concern about obtaining food and the impact of inflation hasn’t changed much compared to August,...
While the CPG industry continues to steadily add jobs, the rate at which companies are onboarding new employees still falls woefully short of what is needed to keep pace with quickly rising consumer demand – prompting industry leaders to reevaluate the...
The CPG industry is facing a potential $3bn loss as temporary pandemic-related stimulus earmarked for groceries was phased out last month – despite the launch of a simultaneous permanent increase in monthly benefits under the Supplemental Nutrition Assistance...
Fresh Bellies has pivoted away from its original line of HPP fresh baby food and refocused its resources and efforts on the kids snacking category, a decision CEO and founder Saskia Sorrosa says has put the brand on the map in a big way.
While most of the grocery retail sector experienced record sales last year, independent and small regional grocers experienced a notable lift in sales despite increased costs of doing business and dealing with the same supply chain issues as many of its...
Consumers have evolved their definition of what qualifies as a snack and are increasingly seeking out permissibly indulgent options, which has given rise to a new type of snacking behavior in the frozen set, Mintel consumer insights research suggests....
Food prices continue their steady climb, rising in the last month nearly as much as they did for all of 2019 before the pandemic wreaked havoc on supply chains and dramatically altered consumer demand, according to data released Oct. 25 from the US Department...
Unilever joins the parade of CPG manufacturers hiking prices “significantly” to offset rising commodity costs and other inputs, with CEO Alan Jope warning, “there is more pricing still to come.”
Nestle boosted its full year sales guidance this week after raising prices once again to account for climbing costs, but leadership cautioned those increases may not be enough to fully counter worsening inflation – suggesting more hikes likely are necessary...
Nestlé has entered the refrigerated snacking set with its line of permissably indulgent Rallies, a three-bite snack of chocolate enrobed nut butters, which is targeting a growing group of consumers who need a pick-me-up to rally themselves out of a slump,...
Albertsons’ “surgical approach” to pricing to offset rising inflation coupled with its ability to quickly offer alternatives to out-of-stocks due to ongoing supply chain and labor challenges helped it deliver better-than-expected margins in its second...
'Ultra-processed' food comprises the majority of the average US adult diet, according to a new study by researchers at NYU School of Global Public Health, who suspect the pandemic has further fueled the trend.
What will be trending in 2022? According to Whole Foods' annual food trends report, consumers are seeking products that contribute to their personal definition of wellbeing, whether it be less-boozy beverages, leafy greens grown locally, or ice cream...
Kraft Heinz reported progress against several of its key ESG (environmental social governance) targets including community support, circular packaging design, and animal welfare while also publicly sharing its 2025 DI&B (diversity, inclusion, and...
Like many other CPG companies, Conagra Brands is continuing to take pricing actions across its portfolio spanning snacks, frozen food, and baking products. But the company says these actions have had limited impact on consumer purchasing behavior so far....
