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.
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.
Minor Figures is gaining steam in the competitive oat milk category backed by a recent minority investment from Danone Manifesto Ventures and Hong Kong-based Green Monday Group as it executes on its specialized business model centered on the coffee community.
AAK Foodservice has acquired ForA:Butter, a plant-based butter using aquafaba – the viscous liquid left over from cooking chickpeas – as an emulsifier to create what it claims is “the only plant-based butter with the performance skilled bakers expect."
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,...
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...
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 &...
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...
More Americans are worried about the planet’s health and understand that their dietary choices impact the environment, yet few are willing to pay significantly more for eco-friendly products – potentially squeezing companies undertaking expensive sustainability...
Gatorade is the undisputed leader in sports drinks, says the new CEO of BODYARMOR, which recently overtook Powerade to capture the #2 slot in the category. But after four years at Chobani, challenger brand extraordinaire, Federico Muyshondt knows a thing...
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...
Fresh off of a $10.5m funding round, Tomorrow Farms is debuting is first product and brand -- Bored Cow -- which uses Perfect Day's animal-free whey protein to recreate a cow-free version of flavored milk, giving consumers the nutrition and functionality...
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 Meat - a division of Eat Just, Inc. currently developing and producing cultivated chicken - has entered into a joint development agreement with global nutrition company ADM to accelerate the production of cultivated meat while driving overall costs...
The Real Good Food Company, which makes lower carb, higher protein, gluten- and grain-free versions of frozen comfort foods, has exceeded growth expectations and raised its guidance for the full year.
Vita Coco now commands a 50% share of the coconut water category and has grown household penetration of its brand to 11%, a strong indicator that consumer demand for coconut water remains elevated with plenty more runway, said Vita Coco co-founder and...
As organic continues to go mainstream with broader reach outside of the natural channel where it began, it faces increased competition from other attributes and production methods as well as skepticism about the certification’s veracity and value, new...
Batting many of the same macro headwinds as the rest of the industry including continued inflation, supply chain disruptions, and ingredient and packaging shortages, Hain Celestial maintains a positive outlook on its North American business where consumer...
As a 100+-year-old company of some of the most well-known CPG brands, Mars Inc. sees innovation as the driving force behind the company's next chapter of growth and the key to maintaining consumer relevancy.
Food & beverage class actions surged in 2021, driven in part by a tsunami of cases over heavy metals in baby food, but judges are wearying of cases that assume consumers have zero common sense, according to a review by law firm Perkins Coie.
As the largest natural and organic packaged food company in the US*, General Mills has the scale and resources to drive positive change in the food system through its work in regenerative agriculture, sustainable ingredient sourcing, and nutrition access....
While consumers may be searching for ways to reduce their sugar intake, products that provide a sense of sweetness are still in high-demand, positioning certain natural sweeteners for continued success, says SPINS.
As many consumers take note of their sugar consumption and weigh different sweetener options from zero-calorie stevia and monk fruit to low-glycemic alternatives such as agave and coconut sugar, where does centuries-old honey land on the spectrum of consideration?...
Direct-to-consumer online grocer Misfits Market has launched its own private label offering of 'Odds & Ends' pantry staples specifically designed to address certain supply chain inefficiencies around sourcing, food waste, and elevated pricing,...
ADM has made a $300m investment to expand existing production capabilities of its soy protein concentrate and open a new protein innovation center in Decatur, Illinois.
With 33 years operating in the natural foods industry, national food broker PRESENCE has seen many trends come and go and others grow into long-term growth drivers for the industry.
After experiencing unprecedented double-digit growth in 2020 fueled by pandemic shopping behaviors, private label brands grew by a more modest 1% for the full-year 2021, but have gathered steam again in the Q1 2022 registering 6.5% sales growth compared...
Snacking behaviors evolved in a few key ways over the past few years as consumers balanced familiarity with health and wellness and are now looking to expand and diversify their snacking routines, says Brigette Wolf, VP, global head of SnackFutures at...
In a highly competitive industry in which 80-85% of new products fail in the first two years, natural grocery distributor KeHE consistently picks winners and fosters growth among emerging brands thanks to several key initiatives, including its TrendFinder...
Emerging indoor farming company Square Roots has opened a new modular farm in Springfield, Ohio, where the company will be able to reach local customers in Cincinnati, Columbus, and Dayton metropolitan areas with its fresh, locally-grown salad mixes and...
Formulating beverages that parents can feel good about - and kids will actually drink - is notoriously challenging. However, the founders of Starryside reckon they may have cracked the code with Star Water, a zero-calorie flavored water with added vitamins...
Recently named incoming Organic Trade Association CEO Tom Chapman inherits a strong organization that helped make organic mainstream and double industry sales during outgoing leader Laura Batcha’s tenure of nearly a decade, but which now must address...
Led by a PepsiCo alum turned beverage entrepreneur, OCA is carving out a spot for itself in the growing 'clean' energy drink category with a simple ingredient deck which includes 120mg of caffeine from green coffee extract.
In its largest expansion to date, Gotham Greens is doubling the size of its greenhouse capacity from 600,000 to over 1.2 million square feet this year unlocking new regions, national distribution at key retailers, and getting one large step closer to...
Above Food has been quietly building a plant-based foods portfolio which spans plant-based seafood to plant-based cheese, and its market presence is about to explode with the unveiling of a disruptive, more sustainable, oat processing technology that...
The overall plant-based foods sector reported a significant slowdown (but still positive) growth for 2021 vs. 2020 with plant-based meat sales seeing flat growth while other categories grew by single-digits for the year, according to new data released...
With fresh leadership and a portfolio intended to address a consumer's every need state, Laird Superfood is on a strong path towards significant long-term growth and profitability, said the company's new president and CEO Jason Vieth at the...
Many indoor farming companies - while noble in their pursuit of providing consumers with access to locally-grown produce with a longer shelf life and free from pesticides and other contaminants from conventional field farming - have struggled to create...
Often recognized for its urinary tract health benefits, a recent clinical trial also found that daily consumption of cranberries may lead to improved cardiovascular health.
Three years since first debuting its ClearFlo modifying ingredient technology used to reduce sensory off notes of stevia, Cargill is debuting a single solution and combination of the two: EverSweet stevia + ClearFlo, giving food and beverage manufacturers...
Tattooed Chef, a rapidly-growing plant-based frozen foods brand, is entering new categories beyond the frozen foods aisle and into refrigerated snack bars and snacking chips.
After two years of lockdowns and uncertainty during the pandemic, consumers simultaneously are desperate to let loose and enjoy life and to reinstate a sense of self-control – creating a complicated marketing landscape that intelligence experts at Mintel...
Sophie's Kitchen is gearing up to significantly expand distribution of its plant-based seafood portfolio of chilled, frozen, and shelf-stable pea-based seafood analogues including its most recent product launch -- fish burgers -- which CEO Miles...
Despite efforts in recent years to disrupt the roughly $5b fruit snack market with better-for-you options made with more, whole or only fruit, the category remains dominated by legacy products high in added sugars and fillers and low in nutritional value...
