San Diego-based cell-cultured seafood company BlueNalu has set up a scientific advisory board bringing together experts in consumer research, sensory science, product development, bio-engineering, and systems biology to accelerate its commercialization...
While the industry waits to see if the $24.6bn mega merger of Kroger and Albertsons will hold up against scrutiny from regulators, brands and suppliers are also standing by to see what the consolidation of the second-largest and fourth-largest US supermarket...
Suja Life's recent acquisition of cold-pressed juices shots brand Vive Organic brings together the No. 1 and No. 2 brands in the category to accelerate and scale the still-niche wellness shots segment.
Mondelēz International is investing an additional $600m by 2030 in its cocoa sustainability program, Cocoa Life, for a total investment of $1bn since the start of the program 10 years ago.
Still battling a challenging global economic environment, Coca-Cola said it is laser-focused on delivering increased value to its consumers by introducing products at more affordable price points, said chairman and CEO James Quincey on the company's...
Indoor farming company Local Bounti has secured a $23.3m private investment in public equity (PIPE) investment to scale up its proprietary Stack & Flow Technology, which the company argues leads to improved superior unit economics.
Between the supply chain challenges and product shortages that marked the beginning of the pandemic and rising food prices due to inflation continuing to push some products out of consumers’ financial reach, many Americans are being forced to try new...
Researchers are calling on clinicians and the healthcare system to screen for food insecurity and better promote food access programs after discovering that Americans with limited or uncertain access to adequate food is on the rise and they are more likely...
Nestlé is continuing to fine tune its portfolio through ongoing SKU rationalization paired with an increased focus on high-growth segments of coffee and its Nestlé Health Sciences division with plans to introduce additional pricing actions to keep up...
To keep pantries stocked and food on the table – especially during the upcoming holidays – more Americans are cutting back on spending in other areas and modifying how they buy groceries as well as the types and amount of products they place in their...
Starbucks plans to sell the Seattle’s Best Coffee brand to Nestlé to allow both companies to focus on their core strengths within their respective coffee portfolios.
Seen as the economical and convenient option for preparing meals at home during the height of the pandemic, the affordability of frozen food has slipped with the average per unit price up 17% vs. one year ago. But consumers still believe it provides good...
Kraft Heinz is making progress towards several of its environmental and sustainability goals including cutting the amount of waste sent to landfill by 15% in 2021 and converting 84% of its global packaging portfolio to fully recyclable materials.
Plant-based seafood brand unMeat is rolling out its fish-free canned tuna products to 250 Harris Teeter stores capitalizing on the consumers' search for more affordable protein options.
The baby food landscape has changed drastically in recent years with an emphasis on fresh products and a flurry of DTC brands coming to market. So which trends present the biggest growth opportunities for brands and manufacturers?
Supermarket giant Kroger is merging with Albertsons Companies Inc. (Safeway, Vons, Jewel-Osco), bolstering its position as the second largest food retailer in the US with an estimated 11.8% market share behind Walmart at 17.1%.
After filing for protection under the Chapter 11 Bankruptcy Code earlier this week, Vital Pharmaceuticals, Inc (VPX Sports), the parent company of Bang Energy, has a challenging road ahead. But its most recent financial misfortune isn't the final...
PepsiCo continues to raise the prices of its snacks and beverages with confidence despite some handwringing by analysts about whether elasticities, which remain at historic lows, soon will begin to give as inflation continues to squeeze consumers across...
While consumers today are exploring more money-saving strategies such as choosing lower-cost items and cooking from scratch, their personal values around health and well-being and the planet have not wavered, according to research from Innova Market Insights.
Indoor farming company Revol Greens is doubling its romaine lettuce production footprint by 2023, supported by its recent expansion at its Texas growing facility, making it the largest greenhouse lettuce grower in North America.
Singaporean snack brand IRVINS is broadening its reach into the US snacking category with its salted egg chips and salted egg salmon skins, which have become some of the most popular snacks across Southeast Asia.
Natural Products Expo East may not be as big as its West Coast counterpart, but the 18,500 registered attendees and more than 1,200 exhibitors who convened in Philadelphia earlier this month for the annual conference were just as enthusiastic and the...
Multiple rounds of pricing actions taken by Conagra over the past several quarters have not deterred consumers from buying the company's products, as it reports "limited" elasticities across its portfolio.
In its pursuit to become a top player in the grocery e-commerce space, Walmart has entered into a definitive agreement to acquire grocery automation firm, Alert Innovation.
While plant-based is still one of the hottest trends in food and beverage, sales and consumer engagement with alternative proteins have slid in recent quarters – prompting some players in the space to rethink their strategy.
In a restructuring announced days after meat giant JBS revealed plans to close its Planterra Foods plant-based meat division, impacting 121 jobs, Impossible Foods is eliminating approximately 6% of roles at the company (under 50 staff) in a move it claims...
Frozen Greek yogurt brand Yasso has surpassed $200m in retail sales this year, but the real growth is just on the horizon as it embraces its national brand status becoming the #4 frozen novelty at retail and #1 fastest-growing brand across the total...
Allergy-friendly (free of the top nine allergens) cookie and baking mix brand Partake Foods has raised $11.5m in Series B funding to scale its business and social impact to reach more diverse consumer audiences.
The lower barrier for entry to market for startups and emerging brands created by the surge in online grocery shopping early in the pandemic is creeping back up as consumers increasingly return to brick-and-mortar stores for the bulk of their shopping...
Even as rising consumer interest in natural and organic products helps push overall sales to new highs, the industry’s growth rate continues to plummet from pandemic highs to below pre-pandemic levels and likely won’t rebound until 2024 as the threat...
PATH, a sustainable aluminum bottled water company, has closed $30m in Series A funding to continue its mission of eliminating single-use plastic bottles from going into landfills and oceans with its 100% refillable aluminum water bottles.
Record-high levels of food inflation are impacting different segments of the population differently, with those over the age of 50 who rate their physical or mental health as 'fair' or 'poor' struggling the most, a recent poll conducted...
Plant-powered culinary brand Wicked Kitchen has raised $20m in bridge funding from backers including actor and vegan activist Woody Harrelson, Ahimsa VC, and NRPT (Thailand's leading food producer and innovator).
Ending its fiscal year on a strong note, grocery wholesaler UNFI is ramping up investment in warehouse automation and robotics as part of its long-term growth plan to enhance efficiencies and long-term profitability for its customers.
Year-over-year online grocery sales slipped slightly in August 2022 vs. August 2021, but research from Brick Meets Click/Mercatus shows a dramatic increase in online grocery shopping behavior over the past three years.
What's behind the recent slow down of the plant-based meat category? According to new research from Deloitte, there are several factors at play including a more limited addressable market, the pressure from inflation, and questions around the products'...
With many consumers fixated on the price of their grocery bill amid ongoing inflation, mass and club channel retailers such as Costco are seeing increased foot traffic and higher shopper spending at its stores.
As consumers navigate rising inflation, out-of-stocks due to lingering supply chain and labor challenges and contemplate the potential impact of their purchases on the environment and workers, they are more willing to push aside old loyalties and try...
After years of a slow build, Dewey's Bakery is entering national retail accounts where it can reach consumers in search of permissibly indulgent snacks with its line of thin crispy cookies that deliver on taste without breaking the caloric bank.
The US coffee market is now entering its fourth wave driven by Gen Z's 'easy-going' approach to coffee and surging demand for at-home specialty coffee drinks, according to Mintel.
A value-added success story in a category that has been in steady decline for years, ultra-filtered milk category pioneer fairlife - which became a billion-dollar retail brand in 2021 - is now reaching a quarter of US households, says the Coca-Cola-backed...
The “extreme obstacles” that food retailers have navigated the last few years will likely become “even more complex” in the coming year as unpredictable inflationary pressures, ongoing supply chain and labor challenges along with global unrest continue...
Plant-based meat alternatives continue their downward slide with sales, units and volume all dropping in July from a year ago – a trajectory that IRI data crunched by 210 Analytics shows was set in motion months ago, but which doesn't shake at least...
CPG companies and retailers should brace for softer sales in 2023 by leaning into the strategies they used during peak-pandemic as the US tiptoes around a recession and the shields protecting consumers from feeling the full brunt of the current economic...
After previous plans to boost Kraft Heinz’s profit margins and add value by aggressively cutting costs and practicing zero-based budgeting went awry and caused the company’s stock and consumer trust to plummet, Miguel Patricio was focused on the basics...
Barely registering in the US plant-based milk category five years ago, oatmilk now occupies the #2 spot in the retail market behind almondmilk in a subsegment with offerings from deep-pocked multinational beverage and dairy companies to pure-play plant-based...
The FDA’s stance that CBD is not legal as a dietary ingredient as it was first investigated as a drug has not hindered consumer interest in CBD-infused food and beverage products, claims Matt Oscamou, co-founder of CBD sparkling water brand Weller, which...
Rising food prices may have slowed slightly in August, but the year-over-year increase continued to rise higher into the double digits than it has in more than 40 years, according to new data from the Department of Labor.
