Health & Wellness

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Celsius' sales rise by more than 190% in quarter

By Hank Schultz

Energy drink firm Celsius reported passing the $100 million quarterly revenue mark in its recent year end earnings filing. The company made strides in both brick and mortar distribution and greater penetration in online platforms.

Photo Credit: GettyImages /  LauriPatterson

NEWS IN BRIEF

MGP invests $16.7m to open new protein extrusion facility

By Mary Ellen Shoup

Specialty proteins and starches supplier MGP Ingredients is investing $16.7m in a new facility specializing in extrusion technology for the production of its ProTerra line to meet growing demand for its texturized proteins.

Photo Credit: HelloFresh

Mintel: Are meal kit online marketplaces the future of category?

By Mary Ellen Shoup

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...

Joel Clark, CEO of Kodiak Cakes (left) and Cameron Smith, president of Kodiak Cakes (right). Photo Credit: Kodiak Cakes

Kodiak Cakes taps into pro-athlete circle with new investment

By Mary Ellen Shoup

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...

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