Taking the helm as CEO of prepared foodservice company Revolution Foods late last year, Dominic Engels will lead the company's next chapter of growth, which includes expanding its footprint into new channels and continuing to create healthy and "culturally-relevant"...
While some of the initial challenges that food and beverage startups experienced when the pandemic began have subsided, like restrictions on sampling and freezes on category resets, others remain and new ones have emerged – complicating the path to market...
Hain Celestial is singing the same tune as many other CPG companies reporting quarterly earnings in the past month, and that is the back half of the year will be better than the first thanks to pricing increases to alleviate higher costs, increased inventory...
With 95% of consumers reporting to eat during the morning an average of six times a week, the breakfast occasion is a big business with several consumer trends shaping the future of the category, reports IRI.
As waves of COVID-19 and its variants ebb and flow they are creating an unpredictable tug-of-war between restaurants and grocery retailers that one industry insider predicts will continue to complicate inventory management long after the current supply...
Many consumers are maintaining the habits they formed at the onset of the global pandemic nearly two years ago, including a sustained preference for at-home dining and e-commerce, notes market research intelligence firm Acosta, which says retailers and...
Veteran zero-calorie soda brand Zevia is pouring a significant amount of resources into becoming a fully-fledged platform brand with a growing portfolio of products that spans energy drinks, teas, mixers, and kids drinks, said CEO Paddy Spence.
Total US online grocery sales for 2021 reached $97.7bn as more than 70% of US households (93 million households) shopped online at least once during the year, heavily preferring pickup services to delivery and ship-to-home, reported Brick Meets Click.
Many consumers are reporting to take part in Dry January by either abstaining completely or significantly cutting down ('Damp January') on their alcohol consumption for the month, presenting year-long opportunities for the non-alcoholic beverage...
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...
