Food tech & digital transformation

VMG Partners acquires popchips to anchor new branded snacking platform

VMG Partners acquires popchips to anchor new branded snacking platform

By Elaine Watson

Private equity firm VMG Partners is betting big on the snacks category with the formation of a new division – Velocity Snack Brands (VSB) – set up to buy, incubate and grow snack brands, beginning with the acquisition of the popchips* brand from majority...

Quorn: 5 ways meat-alternatives can sustain their rapid rise

Quorn shares 5 ways meat-alternatives can sustain their rapid rise

By Elizabeth Crawford

With Nielsen data showing dollar sales of plant-based foods in the US growing more than 20% in 2018 over the prior year to top $3.3bn, it is clear the industry is booming, but to sustain this momentum, a leader for the meat-alternative brand Quorn says...

Climate change commitments address food waste, GHG, biodiversity

Climate change commitments address food waste, GHG, biodiversity

By Elizabeth Crawford

As protesters and activists filled the streets of New York City last week to draw attention to climate change, many food and beverage companies around the globe also touted existing and new commitments to reduce their impact on the planet.

The Impossible Burger debuts at Wegmans (picture: Impossible Foods)

News in brief

Impossible Foods makes East Coast retail debut at Wegmans, Fairway Market

By Elaine Watson

After a successful launch in 27 Gelson’s stores in southern California, the Impossible Burger is making its East Coast grocery-store debut at all 100 Wegmans grocery stores in seven states and at two Manhattan locations of Fairway Market (MSRP $8.99/12oz...

60-second interview: Lifeway Foods gears up for entry into CBD market

60-second interview: Lifeway Foods gears up for entry into CBD market

By Elaine Watson

After several years of strong growth driven by its core kefir business, Lifeway Foods’ revenues have plateaued at around the $120m market in recent years, while sales in the latest quarter were down 14% YoY. However, a new line of plant-based functional...

The team at JUST, Inc, works on cell-cultured meat (Picture: JUST, Inc)

Barb Stuckey: 'When you talk about cells, you leave the realm of deliciousness...”

‘Cultivated’ meat could be the most-consumer-friendly term for cell-cultured meat, suggests Mattson/GFI research

By Elaine Watson

The term ‘clean meat’ is confusing (and carries the tacit implication that regular meat is 'dirty’), while ‘cell-based meat’ – a more neutral term favored by some startups – doesn’t poll well with shoppers. ‘Lab-grown’ is a food marketer’s nightmare....

A year in food: Survey reveals millennials' eating and spending habits

A year in food: Survey reveals millennials' eating and spending habits

By Mary Ellen Shoup

Each year, millennials spend about $2,242 at the grocery store and $1,672 dining out adding up to around 1,140 hours devoted to food (time spent meal-prepping, cooking, and eating out), a survey of 2,000 millennial consumers commissioned by plant-based...

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