With margins under pressure due to rising commodity and transportation costs, General Mills plans to increase prices going forward, but some investment analysts worry the timing will be off with local economies beginning to reopen and increased competitive...
As part of a “moonshot” to end hunger and eliminate food waste, The Kroger Co.’s Zero Hunger Zero Waste Foundation and seed stage funder Village Capital are offering $2.5 million in collective grants and development programming to 10 innovative startups...
Intelligentsia, a pioneer in the third wave coffee movement, has entered the ready-to-drink (RTD) coffee category with a line of flash-chilled coffee blended with Oatly oat milk, which will soon expand distribution from its specialty coffeebars to retail...
The US Departments of Agriculture and Education are making it easier for Americans suffering food insecurity due to the pandemic to put food on the table by temporarily increasing and expanding Supplemental Nutrition Assistance Program benefits as part...
The trend of home baking, which soared in popularity during the pandemic, is still going strong with sustained elevated sales expected through 2025, according to new market data.
From keto-friendly ice cream, cereals, and snacks, to plant-based dairy and functional beverages, check out what's new on shelf in our spring gallery of new launches.
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Shifting shopping habits and channel preferences due to the pandemic hit the non-alcoholic beverage industry hard last year, leading to an overall decline in volume and value, but rising consumer interest in functional options could be a key driver in...
Product availability and lower prices will edge out customer safety as top priorities for most grocery shoppers after the threat of COVID-19 subsides thanks to increased access to coronavirus vaccinations and heard immunity, suggests new research from...
When former Annie’s president John Foraker joined fresh baby food startup Once Upon a Farm in 2017, it was doing less than a million dollars. Last year, revenues were north of $30m, he says, and while there have been some bumps along the road, the “brand...
North Carolina-based Barvecue is significantly scaling up production of its plant-based pulled pork line, tapping into an underserved opportunity in the plant-based meat alternative space, says brand founder and CEO Lee Cooper.
Well-known for its service and compassion, KeHE’s new “Crazy Good” campaign that launched this month seeks to highlight how the food distributor’s other two pillars of “innovation and operational excellence” also can drive growth for its retail partners...
Three Farm Daughters, a pasta and flour brand launched by three sisters, features Arcadia Biosciences' GoodWheat, a specialty durum wheat variety with significantly more dietary fiber and fewer calories per serving than traditional wheat.
Eat Beyond Global Holdings, a public investment issuer focused on the global plant-based and alternative food sector, has made an investment in CPG life science company SIRE Bioscience.
Sales of functional beverages are rebounding and have a bright future despite the pandemic shutting down for most of 2020 in-person impulse purchases and food service sales which previously drove the category’s fast growth, according to market research...
With a new puffs line in several points of distribution, a line of baking mixes in the works, and plans to convert oat milk byproduct into finished product applications later this year, ReGrained is building a case for the mainstream viability for upcycled...
With the pandemic’s impact on the economy and food insecurity in America expected to outlast the threat of the current coronavirus, stakeholders are calling on legislators to rethink how food and funds through nutrition programs are disbursed – changes...
Oishii, a vertical farm growing Japanese omakase strawberries with 2-3x the sweetness of conventional US-grown strawberries, has closed $50m in Series A funding led by SPARX Group to scale its business for mass market consumption.
As more local governments mandate “hazard pay” increases for some grocery store employees, more retailers are shuttering “underperforming” stores that can no longer financially sustain increased costs associated with operating during the pandemic.
RightRice has launched its newest innovation in the rice category, RightRice Risotto, a veggie-based product line that is dairy-free using just water while achieving the same level of creaminess the well-known rice dish is known for (in under 15 minutes),...
The sparkling water category may seem crowded with products made by CPG giants and offerings from smaller, independently-owned brands, but the reality is that sparkling water is still just a small piece of the overall carbonated beverage category, says...
With today’s launch of a line of ready-to-eat frozen Smoothie Bowls, KIND Healthy Snacks promises to shake-up the fast-growing $3.7b frozen breakfast category while also diversifying its portfolio beyond the on-the-go bars with which it made its name...
Nestlé USA has acquired premium alkaline water brand, Essentia Water, for an undisclosed sum to expand its presence in the premium, high-growth functional water category.
A year after the initial shock of the coronavirus pandemic caused many to hit the brakes on new deals, mergers and acquisitions in the food and beverage space not only have rebounded but exceeded expectations – making 2020 a record year for consumer deals...
Even as consumers seek ingredients that promise to boost their immunity, reduce their stress and support their well-being, sales of functional foods and beverages were held back in 2020 compared to organic due to shifting shopping preferences away from...
Danone's Board of Directors has confirmed a proposal from current chairman and CEO, Emmanuel Faber, to separate the functions of chairman and CEO in the near future, and has begun looking for a new CEO.
Customer satisfaction with the retail sector has hit a low point across most channels particularly supermarkets and online retail hit where consumer sentiment dipped to a five-year low, according to the American Customer Satisfaction Index’s (ACSI) Retail...
As the ongoing pandemic accelerates consumer interest in the role of nutrition in wellness and underscores the supply chain’s fragility, the investors at Manna Tree Partners are looking for at least three growth stage companies that are revolutionizing...
Maple Leaf Foods will continue to invest heavily in plant-based protein, including renovating and relaunching two of North America’s “best-known and most-loved” brands Lightlife and Field Roast, although the division fell far short of company targets...
A sharp increase in the Consumer Brands Association’s membership in 2020 underscores how the trade group’s “pro-consumer, pro-growth agenda” is helping it regain the trust and support of the CPG industry, including some companies that left the organization...
Using funding from its recent $87m Series D capital raise, indoor agriculture company Gotham Greens has expanded operations to Northern California – its first West Coast greenhouse location – opening a 10-acre facility, which will bring its total annual...
Formed last year, LIVEKINDLY Collective had made its US retail debut at Sprouts Farmers Market locations nationwide where it has launched several products from its plant-based foods portfolio, including Like Chick'n from LikeMeat and The Fry Family...
Before the pandemic, few Americans prepared lamb and those who did tended to reserve it for special occasions, but shortages of traditional proteins last spring pushed more people to try it for the first time, and now, nearly a year later sales of lamb...
2020 was a breakout year for 'agrifoodtech' companies as the sector attracted over $26.1bn worldwide in investment, a 34.5% increase from 2019, according to global venture capital firm AgFunder's 2021 investment report.
After languishing for years, frozen food is emerging as a powerful growth driver for retailers and CPG brands in part because its long shelf life and convenience fit well with pandemic living, but also because companies like ConAgra have proactively reimagined...
JM Smucker will lose an undisclosed number of North American employees as it continues to reshape its portfolio and corporate organization to better align with evolving consumer demands and ongoing SKU rationalization by retailers, executives confirmed...
On a crusade to make buckwheat "cool" -- which has taken strong digital marketing efforts to educate the consumer in a demo-less landscape -- founder of sprouted buckwheat brand Lil Bucks, Emily Griffith, has made the leap from shared kitchens...
Vertical indoor farming company Kalera has acquired Vindara Inc., a company developing non-GMO seeds specifically designed for use in vertical indoor farm environments.
Wild Tonic Jun Kombucha (fermented from honey and green tea instead of traditional cane sugar and black tea) is banking on several growth trends in the kombucha category this year including its refreshed slim cans and expanding line of hard kombucha.
Most startups have more questions than funding, which means when they come across something they don’t know they lose time, resources and occasionally their businesses finding the answer the hard way – but a new program from the food brand builders at...
Pacific Northwest hydroponic vertical farming startup Forward Greens is deploying what CEO and founder Ken Kaneko believes is an easy to replicate, scalable, and financially sustainable business model for the booming indoor vertical farming industry....
While Coca-Cola Co. is eager to restart innovation in 2021 after pulling back in 2020 to accommodate supply-constraints and heightened retailer demand for best-sellers, it is doing so with a shorter leash on experimentation and higher bar for financial...
Less than a year after taking the helm at Clif Bar & Co., new CEO Sally Grimes is spearheading the company’s first transformation in 30 years with an ambitious goal to double its business to $2 billion and double its positive impact on the world....
Food allergy advocacy group, FARE (Food Allergy Research & Education), has launched an action plan to broaden treatment, care, and education about food allergies, addressing systemic inequities when it comes to accessing these resources.
Upcycled foods and beverages made from ingredients traditionally not consumed by people are gaining popularity with consumers seeking more sustainable diets – creating a fast-growing market opportunity estimated to be worth more than $46 billion, which...
Walmart generated a record $152.1bn in sales, an increase of $10.4bn or +7.3%, in Q4 (13 weeks ended Jan. 29, 2021). Looking towards FY22, the retailer said it will be investing heavily in its “next generation business model” to fuel further growth.