Heading into 2022, consumers are demanding that brands prioritize sustainability, workers' rights, and other human advocacy causes, according to independent third-party certification organization Fairtrade America in its biennial Consumer Insights...
Israeli startup Future Meat Technologies has raised $347m in a Series B round of financing, fueling its plans to open a US plant next year and drive down the cost of cultivated meat below its current price of $7.70 per lb.
Protein Industries Canada is ramping up the production of the lupin bean making it a staple crop (along with pea and soy) for Canada's plant-based protein industry.
Nestlé USA is highly focused on several key food and beverage categories as it heads into 2022, including growing plant-based meat alternatives (i.e. chicken), plant-based creamers, coffee, and new snacking opportunities, says Nestlé USA CMO Alicia Enciso....
From cordyceps and reishi to chaga, lion’s mane, turkey tail and shiitake, so-called ‘medicinal’ mushrooms are gaining traction in foods and beverages, buoyed by growing interest in adaptogens and immunity. But as with any trending functional ingredients,...
Researchers have unlocked a new opportunity to encapsulate dairy (casein) and pea protein together into one stable molecule to create "highly-nutritious" hybrid dairy products.
Oddlygood, a plant-based dairy and cheese brand spinoff of Valio, raised $28m in its first funding round, fueling its international expansion -- including a US production run of the brand's plant-based yogurts slated for early 2022.
Square Roots, an indoor and locally-grown farming company using retrofitted shipping containers to grow a variety of leafy greens and herbs, is unveiling a new brand identity to distinguish it and the added benefits of its products in a competitive category...
With the $151 billion US snack business projected to grow 3% to 4% in the next 12 months, Campbell Soup Co. is adopting an aggressive multi-prong strategy to increase its share while simultaneously increasing and sustaining its margins by double digits.
jack & annie's, an emerging plant-based meat brand made from whole jackfruit, closed a $23m Series B funding round, setting the stage for the company to expand into more conventional retail accounts and pave the way for a growing "less-processed"...
The backlash against Kellogg for threatening to replace striking union members at four of its US cereal plants has reached a fever-pitch with President Joe Biden chastising the company, social media users flooding the company’s job portal with fake applications...
Tracking online grocery shopping habits over the past year, Instacart identified a shift back towards convenient on-the-go food items and the rising adoption of viral food recipes and hacks popularized by social media platforms such as TikTok.
Tyson Foods is aggressively repositioning itself as a sought-after workplace, investing in automation and other operational performance improvements and reinforcing its leadership position through marketing and innovation in order to reverse sharp earnings...
Valio USA is entering the US plant-based yogurt market with its line of Oddlygood Oat Yogurt products, which the company claims outperforms other oat-based competitors when it comes to the difficult-to-nail taste profile.
Campbell Soup Co. is banking on another round of price-increases next month, persistent consumer demand and a recently bolstered workforce to help it overcome lower than expected sales in the first quarter and a ‘tough’ upcoming second quarter to ultimately...
Move over sourdough, a new era of baking is rising in 2022 that focuses less on practicality and austerity and more on decadence, extraordinary experiences, celebration and holistic well-being, according to industry insiders.
Food has taken on deeper meaning for many consumers serving as a connection to experience, community, and personalized health goals, noted Tastewise in its 2022 report, which uses AI to analyze over 1 million restaurants and delivery menus, 22 billion...
With the holiday season in full swing, Americans who are looking for safe ways to celebrate with friends and family increasingly are turning to dessert boards – a flexible, emerging trend that Dawn Foods says meets evolving consumer demands, has ‘unlimited...
Grupo Bimbo, owner of well-known bakery brands including Sara Lee and Thomas English Muffins, is leading a Series A funding round for Ecuador-based LiveKuna, an emerging brand of superfood snacks, cereals, pastas, and alternative baking flours.
Tyson Foods said it will give approximately $50m in year-end bonuses to frontline and hourly team members for their ongoing efforts over the past year.
While some recent foodtech innovations could be described as solutions in search of a problem, ‘animal-free’ dairy products featuring real whey and casein made without cows, give consumers – most of whom are unwilling to compromise at all, especially...
Fruit, botanical, and fresh flavors will drive new product innovation in 2022 as consumers continue to seek out immune-boosting food and beverages, predicts Beck Flavors.
If Walmart’s decision to gain market share by holding down prices despite rising costs due to inflation set off any alarm bells for investors, the retailer’s strategic investments in operational improvements could help sooth any fears about margin pressures....
General Mills has completed the sale of its 51% controlling interest in its Yoplait S.A.S European operations to French dairy cooperative Sodiaal in exchange for full ownership of the Canadian Yoplait business and a reduced royalty rate for use of the...
Vejii, an online marketplace for plant-based and sustainable goods, is gaining ground in the competitive grocery e-commerce landscape less than month after going public under the symbol “VEJII” on the Canadian Stock Exchange (CSE).
Short of a Christmas miracle, ongoing port delays and other supply chain disruptions alongside rising inflation and labor challenges will continue long into the New Year – not only threatening holiday sales and deliveries in the short term, but also consumer...
The Federal Trade Commission (FTC) is ordering nine CPG suppliers, retailers and wholesalers to share proprietary data about how they source, transport and distribute products as part of an investigation opened yesterday into the ongoing supply chain...
For most Americans, coffee is an integral part of their daily ritual that is so ingrained that not even the chaos of the pandemic could break them of their habit, but according to the National Coffee Association, it did change how and where many reached...
No longer solely confined to higher-income households, General Mills is seeing mass consumer uptake of its Natural & Organic portfolio as the company works to make its brands more accessible to as many consumers as possible.
As grocery chains step up their sustainability efforts, Do Good Foods is providing a solution for supermarkets to offload some of their food surplus by taking perishable foods headed to landfill (vegetables, fruit, meat, bakery items) and upcycling the...
Retail ice cream sales surged in the early weeks of the pandemic as consumers turned to comfort foods during the lockdown, but the runaway success story in the category has been frozen novelties, which have emerged as a go-to portion-controlled snack...
The risks JM Smucker took as one of the first CPG companies to announce sweeping price increases in the face of inflation earlier this year are paying off as the company’s sales grew high single digits with “every business outperforming our expectations”...
Weighing unpredictable inflationary prices, a prioritization of wellbeing along with an enduring pandemic, consumers are self-editing their grocery baskets and carts by asking themselves one fundamental question -- "Do I need this?" -- when...
Eat Beyond has entered an agreement to acquire all of the outstanding share capital of Mylk Brands Inc., and in the process will acquire non-dairy milk brand Banana Wave, produced by Mylk's wholly-owned subsidiary Fresh Start Beverage Company.
After less than a year on the market, Veryvell -- a sparkling CBD beverage brand launched by a joint venture (Truss) between Molson Coors and Canada-based cannabis and CBD supplier HEXO Corp -- is steadily expanding to new markets, gaining positive consumer...
Membership-only natural and organic online marketplace Thrive Market now generates a quarter of its sales from 700+ private label products spanning everything from super fine almond flour to grass-fed beef. FoodNavigator-USA caught up with Jenna Engleman,...
The J.M. Smucker Co. is investing $1.1bn in a new manufacturing facility and distribution center in McCalla, Alabama, to meet high consumer demand for Smucker's Uncrustables frozen handheld sandwiches, bites, and rollups.
Walmart is gaining market share in grocery in the US by not only holding prices steady as many competitors raise them in the face of increasing inflation, but also by continuing to look for rollbacks – a counterintuitive strategy it says will benefit...
Currently dominated by the duopoly of Kraft and Annie's, the macaroni and cheese category is in need for disruption, say the founders of GOODLES, a new 'adultified', better-for-you mac and cheese brand that gives adults the permission to...
GrubMarket, a San Francisco-based food supply chain e-commerce company, has raised $200m in a Series E funding round, bringing its total valuation to over $1.2bn.
Tyson Foods is celebrating a better-than-expected fourth quarter thanks in part to “aggressive” pricing actions that buoyed sales and offset inflation, and a “bold” new productivity plan that seeks to bring the company’s operating income margin up to...
Full year 2021 revenues at Oatly will likely exceed $635m, up 51% vs 2020, but well under the $690m+ the Malmö-based oatmilk maker was projecting over the summer, thanks to slower-than-expected production in the US, inflationary pressures, and ongoing...
Parents are constantly looking for snacks that meet both the nutritional needs, and oftentimes, the picky palates of their child. Brands that can effectively meet both these fundamental demands are best positioned to win in the competitive landscape of...
Despite the surge in hunger, sluggish supply chains and transportation woes that have drastically delayed food production, delivery and availability since the coronavirus outbreak more than 20 months ago, cross-disciplinary experts at the global design...
Fresh baby food seemed to set the category on fire with a flurry of new entrants over the past five years, but has the burgeoning segment lost some steam as retailers pull back and consumers become more price-conscious?
Dream Pops will be expanding outside of frozen desserts and novelties and entering the shelf-stable confectionery category with a line of plant-based products to compete with the likes of Hershey, Mars, and Ferrero, says founder and CEO David Greenfeld....
Beyond Meat CEO Ethan Brown urged analysts to “differentiate between short term variability on the one hand, and ongoing strong progress toward a long term vision of becoming tomorrow's global protein company on the other,” during the plant-based...
Belgian-Dutch retailer Ahold Delhaize, parent company of Food Lion, Giant, FreshDirect, Stop&Shop, and Peapod in the US market, is heavily investing in its omnichannel strategy to meet consumers' at-home eating needs.
Hain Celestial will raise prices a second time to offset higher than expected inflation and costs associated with supply chain and transportation challenges after successfully hiking prices in September roughly 6% to 10% across virtually every brand in...
Consumers' pursuit of comforting foods with a slight twist in flavor, ingredients, and nutritional benefits will drive the majority growth of the $170.4bn specialty food industry in 2022, according to the Specialty Food Association (SFA) Trendspotter...
