Better-for-you frozen foods brand The Real Good Food Company is on course to hit between $140m and $150m in net sales by the end of the year with a long-term goal of becoming a $500m brand, owing to a new production facility coming online this month and...
For the father and son behind start-up Planet Based Foods, declining sales of meat alternatives that closely mimic animal products is not a harbinger of dwindling consumer interest in plant-based options, but rather a natural evolution of the trend that...
Coca-Cola is the latest major global food and beverage giant to suspend operations in Russia as an act of protest against the Russian invasion and continued attack on Ukraine and follows similar announcements made by PepsiCo, Starbucks, and McDonald's....
Dream Pops is rolling out its latest plant-based indulgent extensions into the shelf-stable confectionery and sweetened syrups categories, which CEO and co-founder David Greenfeld says will challenge the likes of industry incumbents Hershey, Ferrero,...
While many consumers may be aware of the drawbacks of a high sodium diet, fewer are actively reducing their sodium intake and believe it is the responsibility of food manufacturers to provide products that are both flavorful and low in sodium, presenting...
Despite laudable progress in recent years to create a more circular economy for plastics, the food industry still has a long way to go to meet ambitious and fast-approach goals to reduce the use of total and virgin plastic and incorporate more post-consumer...
Coca-Cola is reinvigorating growth in its once-stale core sparkling beverage portfolio and earning accolades from investment analysts by leveraging consumer-led innovation, revenue growth management and personalized marketing.
Despite the continued hype around meat alternatives and a growing flexitarian lifestyle trend, meat is still the protein of choice for most consumers, argues Jonna Parker, principal, fresh foods at IRI.
Ahold Delhaize, which owns several US retailers including Giant, Food Lion, and FreshDirect, reported that US regional sales were slightly down for the full year 2021 but that its grocery e-commerce sales picked up some of the slack.
Launched less than a year ago by a mix of entrepreneurs, investors, fitness industry veterans, and celebrity Dwayne Johnson, ZOA Energy claims it has quickly become the fastest-growing energy drink and #2 brand in the healthy energy drinks category (per...
PepsiCo is already hitting notable milestones and reaping financial benefits from its ambitious pep+ plan announced last fall that places sustainability at the center of how the CPG giant says it will create value and drive growth, according to CEO Ramon...
JM Smucker continues to be dogged by inflation, supply chain constraints, labor and transportation challenges, prompting the maker of Jif peanut butter and Café Bustelo coffee to lower its earnings and revenue outlook for the year at the close of its...
Belgian Boys, a fast-growing brand selling European-inspired treats and fresh breakfast items, has received $7m in funding led by Equilibra Ventures, a startup and investment platform from KIND Snacks founder Daniel Lubetzky, to expand the brand's...
Through a combination of rapid innovation, investing in growth platforms, ongoing “prudent” M&A and strategic paring down of labor and factories, Nestle is on track to deliver solid mid single-digit organic growth in 2022 and into the foreseeable...
Several international food and beverage companies have temporarily shut down operations in Ukraine following Russia's invasion to ensure the safety of employees while bracing for the long-term economic impact that skyrocketing commodity prices and...
Spring is around the corner which means diet food and fitness marketers will soon begin pressuring women to swap favorite foods with low-calorie, low-carb and low-sugar alternatives to help “get their beach bodies back,” and encouraging men hit the gym...
Keurig Dr. Pepper reported continued top-line performance growth of 8.7% for Q4 2021 vs. the prior year driven by its packaged beverages segment, which posted nearly 10% in net sales growth for the full year and a 17% increase in Q4 2021.
Upcycled food products (made from ingredients that would otherwise not have gone to human consumption) are the most straightforward and scalable path to reducing and preventing food waste, says Upcycled Food Association CEO Turner Wyatt.
With the help of a $7m fundraise, Startup De La Calle is bringing to more Americans nationwide a modern version of the beloved and naturally functional Mexican “street vendor treat” tepache – a probiotic beverage made from fermented organic pineapples...
Good Culture, best-known for disrupting the cottage cheese category with its clean label formulation, has just secured $64m in Series C funding to drive continued expansion of its healing cultured foods platform.
General Mills continues to hunt aggressively for acquisitions to build out its five core platforms, including cereal, ice cream, snack bars, Mexican food and pet food, and to consider strategic divestitures as part of a broader strategy to reshape its...
While meal kit demand surged during COVID-19, many consumers still aren't sold on the idea of a meal subscription and players in this space should embrace the full potential of e-commerce to become "true online grocery retailers" by providing...
Fresh Street is responding to the consumer shift towards e-commerce with the inauguration of Chicago’s first grocery built exclusively for click and collect shopping.
Emerging Asian-inspired sparkling water brand Sanzo, which has just raised $10m in a Series A financing round led by CircleUp Growth Partners, is seeking to bridge the gap between mainstream sparkling water brands and quintessential Asian flavors such...
Nearly nine in ten consumers snack daily, but according to new research from Mondelēz International, what they reach for and when has evolved significantly during the pandemic – requiring brands to rethink their product offerings, marketing strategies...
Indoor vertical farming company Kalera is poised for significant scale in 2022 as it prepares to go public via a special purpose acquisition (SPAC) merger with Agrico Acquisition Corporation, and add five new indoor growing facilities to its footprint.
Fungi-fueled Meati Foods – which raised some eyebrows in December after its new president (ex-General Mills president Scott Tassani) suggested the startup could generate a cool $1bn in sales by 2025 from mycelium-based meat alternatives – has seen a surge...
Walmart continues to rollback prices on select categories, including dry grocery, despite rising inflation and other retailers’ decisions to pass higher costs – at least in part – through to consumers.
Kodiak Cakes, best known for its protein-packed pancakes and waffles products, has received an investment from Patricof Co (P/Co), a specialized private investment platform for professional athletes, to fuel the brand's continued expansion and leadership...
"Always everywhere," has been Frito-Lay North America's mantra for ensuring that its snack portfolio of legacy brands (Lays, Cheetos, and Doritos) and expanding better-for-you set (Baked, PopCorners, and Off The Eaten Path) is accessible...
Brainiac Kids – the brainchild of Bay area-based start-up Ingenuity Brands - is rebranding as Brainiac Foods, with new products and packaging designed to reach a broader audience seeking out ‘brain food’: everyday foods with meaningful amounts of ingredients...
Scientists from Oregon State University have developed a way to turn apple waste into compostable packaging material that could serve as the main ingredient for molded pulp packaging (e.g. egg cartons, beverage cartons, and take-out containers) and as...
Eight out of 10 parents snack on their kids’ food while preparing school lunches; nine out of 10 have bought extra kids’ snacks for themselves; while 60% prefer kids’ snacks over adult snacks, according to consumer research from Nestlé USA, which has...
Tiny Organics has launched its Tiny Beginnings non-puree baby food line for 4- to 7-month-olds, targeting the narrow window of babies' feeding journey where they are most open to trying and developing a preference for bitter vegetables and other...
Consumers grappling with skyrocketing grocery prices due to fast-rising inflation may take cold comfort knowing that the increases are not as dramatic as other sectors or as high as in past economically difficult periods in part because of industry’s...
Today’s anticipated US debut of Singapore-based startup Next Gen Foods’ TiNDLE, made possible by a record-breaking $100m series A fundraise, brings American chefs on both coasts access to a versatile plant-based chicken alternative that goes beyond ridged...
The majority of US shoppers believe grocery store chains could be doing more when it comes to sustainability efforts around food packaging, food waste, and greener supply chains.
Food innovations fueled by the pandemic will answer consumer demand for snacks, immunity and comfort, but beware of nutrition misinformation shared on social media, says the 10th annual What’s Trending in Nutrition survey.
An influx of refrigerated plant-based meat alternatives in the past two years may have helped the category generate consumer buzz and drive initial trial early in the pandemic, but a steady slowdown in sales growth in the back half of 2021 suggests a...
Historically people have celebrated Valentine’s Day by sharing sweets with others they love, but the pandemic-fueled rise of ‘self-care’ means more people also will treat themselves this year – helping push confection sales leading up to the holiday beyond...
Splendid Spoon, a direct-to-consumer 'no prep' fresh meal delivery service, has closed a $12m Series B funding round to fuel its expansion into new product categories, explore new channels, and further personalize its customer experience, said...
Former better-for-you frozen food brand Luvo’s mission to make eating nutritious meals easy and delicious lives on under new leadership in the recently rebranded and repositioned Performance Kitchen, but with a narrower focus – for now – on the insurance...
As food waste continues to be an issue for many households and the food industry at large, researchers investigated which solutions consumers are most inclined to adopt to cut down on the amount of food that goes to waste in the US.
Tyson Foods’ strong double-digit sales and profit in the first-quarter reported yesterday could intensify the Biden Administration’s scrutiny and criticism of what he calls the meat-packing industry’s anti-competitiveness.
Salty snacks company Utz Brands has acquired the assets of two of its third-party direct-store-delivery (DSD) distributors, New York-based Clem Snacks and J&D Snacks.
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...
Shaka Tea has been acquired by Irresistible Foods Group, the parent company of King's Hawaiian (known for its packaged sweet bread rolls), to accelerate the distribution and brand awareness of the Hawaii-based beverage company.
Zero-sugar energy drink brand ZOA Energy has secured a $10m line of credit from Gerber Finance to continue its exponential growth in the energy drink category since launching in March 2021.
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...
