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...
In its Q3 earnings call yesterday, TreeHouse Foods’ CEO observed that, “as certain federal stimulus programs expire, we are seeing signs of private label recovery.” So will store brands regain some share they lost during the pandemic, and how are retailers...
Parents and caregivers crave information about how best to feed their children, and while they have a lot of resources available via the Internet, health care providers, peer groups and brand marketing – they aren’t always sure what to trust or where...
The Real Good Food Company is aiming to become a major player in the frozen foods category with its line of comfort foods that many consumers crave but with the nutrition credentials (low-carb, low-sugar, and high-protein) that could help change the health...
Sprouts Farmers Market’s decision before the coronavirus outbreak to pull back on “ineffective and unprofitable promotions” may have helped boost margins, but it took a toll on traffic and sales – a problem that has been exacerbated by the drawn-out pandemic,...
“A lot of cricket protein products seem to be bars and powders targeted at 18-35 year old males that are into mountain biking,” observes Shelby Smith, founder of Iowa-based edible insect startup Gym-N-Eat Crickets. “But in my experience, having interacted...
GoodPop Frozen Pops is targeting a growing consumer segment frequenting the frozen novelties aisle in search for products that can serve as a permissably indulgent snack or treat.
Protein snacks company IWON Organics recently closed a $1m financing round from friends and family, helping to fuel the brand's evolution into becoming an organic legume-based foods company with products that span across salty snacks, cereal, and...
Despite recent warnings that key holiday foods may be out-of-stock or more expensive than previous years due to ongoing supply chain challenges, consumer concern about obtaining food and the impact of inflation hasn’t changed much compared to August,...
On a long-term mission to become the world's leading food solutions group, HelloFresh continues to register strong year-over-year growth in revenue and in key performance metrics including order rates, and active customer acquisition.
The CPG industry is facing a potential $3bn loss as temporary pandemic-related stimulus earmarked for groceries was phased out last month – despite the launch of a simultaneous permanent increase in monthly benefits under the Supplemental Nutrition Assistance...
Online grocer Imperfect Foods is now a Certified B Corporation (B Corp), underscoring the brand's commitment to sustainability and transparency in the food supply chain.
Fresh Bellies has pivoted away from its original line of HPP fresh baby food and refocused its resources and efforts on the kids snacking category, a decision CEO and founder Saskia Sorrosa says has put the brand on the map in a big way.
While most of the grocery retail sector experienced record sales last year, independent and small regional grocers experienced a notable lift in sales despite increased costs of doing business and dealing with the same supply chain issues as many of its...
Plant-based online retailer Vejii Holdings has received conditional approval for public listing on the Canadian Stock Exchange (CSE) under the symbol “VEJI” once a commencement date of trading is confirmed.
While Kraft Heinz continues to raise prices to offset higher costs, it does not expect consumers to shoulder the full brunt of worsening inflation – rather it is leveraging its scale to mitigate increases while simultaneously elevating product value through...
Best known for its lightly-coated chocolate-covered almonds and other nuts, SkinnyDipped has evolved into a platform brand expanding into high-growth adjacent categories, said CEO Breezy Griffith.
Plant-based foods brand Tattooed Chef has entered into an agreement to acquire Ohio-based Belmont Confections, a private label co-manufacturer of nutrition bars, for approximately $18m in cash and stock.
Consumers have evolved their definition of what qualifies as a snack and are increasingly seeking out permissibly indulgent options, which has given rise to a new type of snacking behavior in the frozen set, Mintel consumer insights research suggests....
Food prices continue their steady climb, rising in the last month nearly as much as they did for all of 2019 before the pandemic wreaked havoc on supply chains and dramatically altered consumer demand, according to data released Oct. 25 from the US Department...
Recognizing that what and how parents choose to feed their newborns and toddlers goes beyond just nutrition, Gerber undertook an ambitious investigation into the universal pressures that caregivers face with an eye towards better supporting them as they...
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