From new takes on ranch to elevated ketchup and mustard products, Whole Foods Market's Trends Council revealed which condiments will be appearing on more picnic and barbecue plates this summer.
Chobani has crossed into the metaverse through the online gaming platform Roblox where it's targeting a new generation of consumers with its oatmilk portfolio helping to transition its identity from a yogurt brand to broader food company, says Chobani...
High milk prices are having a down stream effect on other dairy products with the price of retail butter outpacing nearly all other consumer goods, according to a dairy market analysis by CoBank.
While some industry players are reining in spending to build-up reserves in case of a recession, General Mills is taking the opposite tack – choosing to double down on investments and explore acquisitions that could help it stay ahead of the competition...
The Kellogg Company’s unexpected announcement Tuesday to split its snack and cereal empire into three independent, public companies “to better position each business to unlock its full potential” tears a page from Kraft Foods’ playbook ten years ago when...
Zero-sugar stevia-sweetened soda brand Zevia has appointed its current president of the company, Amy Taylor, as its new CEO succeeding Paddy Spence who will remain as chair of the company's board of directors, effective August 1, 2022.
Kroger is seeing inflation heavily impact the way consumers are shopping at its stores, with many choosing more store brands and selecting fewer premium products (eg. switching from beef to pork), says CEO Rodney McMullen.
New Census data showing consumer spending on food slowing in recent months as inflation and the threat of a recession rise suggests retailers and brands need to rethink their inventory and promotional strategies to attract and maintain shoppers, analysts...
Mondelēz International has generated consistent growth across its portfolio of biscuits, chocolate, cakes, and pastries, and will keep its focus on these categories as the company navigates current economic volatility, says Mondelēz International CEO...
Nestlé USA-owned Sweet Earth Foods is expanding its plant-based entrée bowls line to meet growing consumer demand for flavor, convenience, and plant-based nutrition within the frozen foods aisle.
NFL free agent player and ESPN broadcaster Tim Tebow is joining the ranks of low-sugar, plant-based nutrition bar company NuSkool Snacks, a move founder and CEO Joe Christensen believes will help the brand secure new accounts and distribution.
Total online grocery sales dropped on a monthly basis to $7.1bn in May 2022 (down from $8.1bn in April 2022), but are still slightly above (+1.7%) the same period last year, according to the latest Brick Meets Click/Mercatus Grocery Shopping Survey, which...
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.
Chocolate supplier Barry Callebaut has signed a long-term agreement with Colombian food ingredient supplier Levapan to expand its distribution to key parts of Latin America.
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.
Even as fear of contracting COVID-19 ebbs and consumers feel more comfortable visiting stores, the percentage who order groceries online regularly continues to climb as they seek convenience, and ways to manage their budgets as prices continue to rise,...
When co-founders Philip Teverow and Pierre Thiam first launched Yolélé Foods and its flagship product fonio, a West African ancient grain, the lack of consumer awareness was the brand's biggest challenge. Now roughly four years later, the brand is...
General Mills and Ecosystem Services Market Consortium (ESMC) are working together on a multi-year plan to scale and expand a program, called Eco-Harvest, which rewards farmers for beneficial outcomes of regenerative agricultural practices.
JM Smucker’s optimistic outlook for fiscal 2023 despite ongoing headwinds related to inflation, supply chain challenges, uncertainty about consumer spending and impact from its Jif peanut butter recall is notable as it is one of the first CPG companies...
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,...
After three years of helping Kraft Heinz claw its way up “from the bottom,” where it crashed after previous management prioritized inorganic growth and cost-cutting measures, CEO Miguel Patricio wants credit given where it is due.
Where the food and beverage industry was once flush with funding from venture capitalists drawn to fast-growing businesses and from strategics eager to pay high multiples for innovative start-ups, money is now harder to come by as inflation, supply chain...
Even as General Mills adopts an ‘always on’ approach to mergers & acquisitions, it remains dedicated to driving organic growth through innovation by deploying elite tiger teams to identify consumer problems and then develop and test solutions-oriented...
San Diego-based Mooski is carving out a niche spot for itself in the emerging refrigerated bar space with a chilled oat bar line which offers consumers a fresher, cleaner version of the traditional granola bar, says founder Robert Broome.
What is driving consumers to eat plant-based meat and dairy alternatives? According to Euromonitor International's 2022 Voice of the Industry survey, a desire to feel healthier and avoid long-term health risks are ahead of environmental and animal...
Announcing the investment of hundreds of millions of dollars across the supply chain, the US Department of Agriculture says it hopes to rebalance the food system’s historic focus on efficiency with much-needed resiliency so that the country is better...
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 many retailers are raising prices on grocery items, German discount retailer Lidl is reducing the cost on over 100 items in all of its US-based stores for the summer months.
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...
Already high, egg prices likely will continue to climb as some producers struggle to meet increased demand as supplies tighten with the spread of Avian flu and efforts to convert to cage-free production ahead of looming deadlines slow repopulation efforts...
Tyson Foods is betting big on ready-to-eat and value-added products, which it estimates could return margins of 10-12% even during a recession, as part of its ambitious goal to get ahead and stay ahead of the competition and outpace the market.
Dairy, plant-based and animal-free products often unnecessarily are pitted against each other as competing for the same place in consumers’ fridges, when in reality most Americans buy across the segment and manufacturers would be better served by highlighting...
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...
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...
NotCo, a foodtech startup that uses patented AI technology to produce plant-based versions of traditional animal products, has partnered with fast food chain Shake Shack on a test launch of a plant-based chocolate custard and milk shake.
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...
Walmart’s already low appetite for price increases across food and beverage may be further dampening as more consumers switch to private label and smaller packs to keep expenses down – a signal to the retailer that it is not doing enough to deliver on...
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.
Good Good, an Icelandic breakfast brand of no-sugar-added products, has closed a $20m Series B funding round which will help support new low-sugar product innovation and future US product distribution.
While the proportion of Americans who say they have purchased groceries online over the past 12 months has declined, slightly more consumers say they now do ‘most’ or ‘all or almost all’ of their grocery shopping online, according to Coresight Research’s...
Being an entrepreneur can feel desperately lonely – especially in the early days when budgets are tight, days are long and challenges crop up constantly – but as romantic as the idea of buckling down and becoming ‘self-made’ may be, few founders actually...
With food-at-home prices in April 2022 up a staggering 10.8% vs April 2021, consumers are beginning to change their behavior. FoodNavigator-USA caught up with K. K. Davey, president of client engagement at IRI, to find out what he’s seeing in the data.
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...
SpoonfulONE, a line of nutritional products that introduces babies to 16 food allergens at the beginning of their feeding journey, has expanded distribution to nearly 5,000 Walgreens stores nationwide helping make early allergen introduction a common...
Rising food prices slowed slightly in April over the prior month, according to the Bureau of Labor Statistics April Consumer Price Index released today, but they continue to climb at a brisk pace that is significantly faster than all items, allowing them...
Brazilian plant-based meat firm Future Farm is steadily making inroads into the crowded plant-based meat category in the US, where CEO Alexandre Ruberti still sees runway for growth.
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...
While many consumers report struggling with product shortages and delays in online orders along with mounting concerns over inflation, demand for groceries “tends to be relatively inelastic,” according to Morning Consult, which has just surveyed 1,000...
As government stimulus abates, consumer savings rates are beginning to dip below pre-pandemic levels just as food prices are rising due to inflation – driving demand for less expensive private label products and helping to boost TreeHouse Foods’ net sales...
