Protein giant Tyson Food’s branded foods business, including Hillshire Snacking, Jimmy Dean and Ball Park, was a bright spot in an otherwise “tough” second quarter marred by supply and demand imbalances, ongoing high costs and reduced consumer spending.
Even as plant-based dairy newcomer Armored Fresh prepares to roll out is innovative Almond Milk Cubes and American Slices at select Kroger stores next month and nationwide through its recently unveiled online storefronts, the food-tech company continues...
Kraft Heinz expects to gradually regain lost market share in the US, which tumbled 30 points on a mix-adjusted basis in the first quarter, by selectively working with retailers to boost shelf space, ramping up marketing and innovation, and tackling lingering...
Sprouts Farmers Market’s decision to pull back on promotions and cater instead to less price-sensitive shoppers who follow specialty diets and are more health-oriented once was considered risky but now is paying off.
A “massive” repeat purchase rate of 74% direct-to-consumer and 54% at retail combined with healthy margins and strong “no f***ing way” factor helped food-tech startup Hero Bread secure $15m in series B funding despite the challenging economic environment.
FDA is reopening the comment period for draft guidance on labeing plant-based milk at the request of several stakeholder groups, but comments already submitted reveal a wide rift between dairy and plant-based players about how best to describe non-dairy...
Partnership for a Healthier America’s Food Equity Opportunity Map uses census, income and health data to determine food accessibility in U.S. communities, and could help CPG companies finetune marketing at the zip code level for a bigger impact.
Coca-Cola Co.’s North American margins “reached toward a new high watermark” in the first quarter of 2023 observed one market analyst during the company’s quarterly call yesterday – a better-than-expected outcome that leadership attributed to higher prices...
CPG food and beverage brands need to focus on three key business activities to survive the current economic climate, including marketing and innovation basics, cost-cutting measures and capital diversification, a panel of food and beverage experts shared...
After three years of innovation-stifling supply chain and labor challenges paired with record high inflation and a trying economy that has discouraged both investors and adventurous shoppers, food and beverage manufacturers are finally ready to prioritize...
Sales of plant-based dairy, including milk, cheese and yogurt, continue to grow at a rapid clip despite challenging macroeconomic and market conditions, but units in some categories are dipping slightly, according to recently released SPINS data, raising...
Food and beverage brands and retailers likely will not see any time soon a rebound in inflation-supressed units and volumes across categories despite the Labor Department reporting a dip in grocery prices in March for the first time in more than two and...
Through a suite of virtual and augmented reality activations launched this week, KIND Snacks is breaking down for mainstream Americans the complicated concept of regenerative agriculture and the real-world environmental impact of its latest sustainability...
In a controversial move that could have a ripple effect for food and beverage manufacturers nationwide, California Assembly’s Committee on Health approved AB 418 -- bringing the state one step closer to potentially banning brominated vegetable oil, potassium...
Just as retail consumers are shifting their in-store behaviors in response to inflation, many are also changing what they put in their digital baskets, often opting more for private labels, which is creating pressure on grocers to change how they leverage...
Retailers investing in private label to cater to consumers trading down as inflation rises, simultaneously are looking to offset lower dollar sales with a broader selection of premium offerings that can boost basket rings – creating an opportunity for...
Bringing back a nostalgic food and beverage brand "is about relaunching smartly," explained Purvi Shah, assistant professor of marketing, Worcester Polytechnic Institute.
The raft of letters puts advertisers on notice that they should avoid deceiving consumers by making product claims that cannot be substantiated–or face hefty fines.
Iconic cheesemaker Bel Group and biotech startup Climax Foods are teaming up to create the next generation of “best in class” plant-based cheese that they say will be indistinguishable from their dairy counterparts with “zero-compromise” on taste, texture...
C-suite leadership should focus on sales and marketing in a value-driven market, rather than remain overly-focused on operations, according to Chief Outsiders' recent survey.
From adults to children, gluten- and allergen-free foods are increasingly becoming a part of living a better-for-you lifestyle, which is growing the gluten-free market and providing The Good Flour Co. opportunities to innovate for the youngest of consumers,...
The proposal is intended to provide more flexibility for foods with standards of identity where salt is a required or optional ingredient, and “facilitate industry innovation to reduce sodium in standardized foods,” the agency stated.
Americans who consume more fresh vegetables experience a better mood compared to those who skip the greens, according to recent USDA research. The study offers insight for food and beverage manufacturers to meet growing consumer demand for functional...
Cup Noodles is stirring up soup occasions with a breakfast-inspired ramen as the brand looks to expand its ramen business with a focus on premium offerings and flavor innovation, Priscila Stanton, senior VP of marketing for Nissin Foods, told FoodNavigator-USA.
Hershey plans to aggressively scale its salty snack business with ambitious goals to take SkinnyPop popcorn and Dot’s Homestyle Pretzels from second and third place respectively to first in their categories “in the next couple of years” by building brand...
Products making dietary guidance statements should contain a meaningful amount of the featured ingredient or food category and not exceed certain amounts of saturated fat, sodium and added sugar, according to FDA’s draft guidance for industry on questions...
Tractor Beverage Co. is showing the benefits of organic farming with a customer-facing tracker that details the amount of synthetic pesticides avoided in the creation of its beverages, the brand CMO Justin Herber told FoodNavigator-USA at the Natural...
Better for you snack brand Simple Mills is taking is mission and products beyond its initial “free from” roots to embrace a “for more” approach that not only skips artificial ingredients that consumers are avoiding but gives them more of what they want...
Hershey is making more of the sweets and snacks consumers want with less and overcoming extreme supply chain challenges by replacing and repurposing underutilized manufacturing capacity, ditching conventional lines in favor of more efficient modular operations...
Even as cellular meat companies continue to clear regulatory, technical and scientific hurdles, the timeline for when their products will launch remains a moving target as emerging challenges – ranging from the banal to black swan events – threaten to...
General Mills is bracing for double digit inflation in the back half of the year, but rather than automatically raise prices again – although that remains an option – the CPG giant plans to work with suppliers to find mutually beneficial solutions.
It is too soon to give up on the plant-based meat segment, which has seen sales and household penetration slip in the past year, but which is evolving to meet demand for products that are healthier, tastier and more convenient, argued industry stakeholders...
Precision fermentation is emerging as one of the buzziest technologies in food, and even though it has been used safely for decades without raising eyebrows, new uses and broader awareness are prompting consumer questions that if left unanswered could...
After nearly 40 years with the same look, McCormick’s red-cap business of spices and herbs is getting a shake-up with a new bottle and packaging, as the company tries to tap into consumer demand for freshness and more sustainable products, Nikki French...
Legislators should focus on assisting dairy farmers shift toward production of alternative proteins, instead of commending the DAIRY PRIDE Act, food awareness organization ProVeg International suggests.
The Commission calls out disease prevention ads, weight-loss products and MLMs as it investigates the inner workings of social media and its function in deceptive online advertising.
Consumer demand for snacks continues to increase, and Mondelez International sees itself as well-positioned to not only meet those needs but increase its market share in the process.
Campbell Soup Company continues to reap the benefits of consumers’ shifting shopping habits, reporting solid sales and share gains in the second fiscal quarter of 2023.
Industry stakeholders are lauding an effort by the US Department of Agriculture to close a loophole that currently allows meatpackers and egg producers to label their products as “Made in the USA” even if they were imported, but they also caution the...
Up and coming plant-based chicken manufacturer Next Gen Foods is expanding into the non-dairy segment with today’s announced acquisition of Mwah! – a startup it says is leveraging a “cutting-edge methodology” to create “creamy and delicious dairy-inspired...
CPG companies could lose as much as 1% compound annual growth in revenue for the next several years with economic factors coalescing to create obstacles, professional service company PwC projected during a Consumer Brands Association webinar this week.
Sales of indulgent snacks are growing 20% faster than healthy options as consumers take a “balance sheet approach” when deciding what to eat, despite the current zeitgeist’s focus on better-for-you products that deliver more functional benefits with fewer...
As dollar and unit sales of frozen and refrigerated plant-based meat at retail continue to slide and grocers cut back on their selections of refrigerated meat alternatives, many stakeholders are wondering if the honeymoon period for the category has ended,...
Brands that advertised at the Super Bowl are seeing their efforts pay off with a 6.4% increase in consumer demand post-game based on a sample set of companies, according to recent research from behavioral research company Veylinx.
Even as FDA kicks off a search for a deputy commissioner for its proposed Human Foods Program who it says will have a “clear line of authority over” all human food safety and nutrition programs, industry stakeholders worry agency is choosing a “business...
JM Smucker wants to expand its leadership position in the at-home coffee category, where it currently holds 26% of the market share and three of the top eight brands, through potential acquisitions, innovation, broader geographic reach and reinvigorated...
American consumers have gravitated toward private-label brands during rising inflation, and big-name brands may have trouble winning them back after inflation eases, new research from Attest suggests.
Change is inevitable, and for most it is uncomfortable – but it isn’t necessarily bad given it can be a catalyst for tremendous growth, deeper connections and betterment, which is good news for the consumer packaged goods industry considering research...
Xiao Chi Jie (XCJ), the modern Chinese food brand that helped put authentic soup dumplings on the US map by cultivating a cult-like direct-to-consumer following during the pandemic is ready to expand into brick and mortar stores this April with a new...
FDA’s proposal that plant-based products can continue to be labeled as ‘milk’ but should also highlight how their nutritional value compares to their dairy counterparts has rankled stakeholders on both sides of the highly contested debate on what products...
