The Coca-Cola Co. appears to be making a run for the pole position in the fast-growing sports performance and hydration category with the $5.6bn acquisition of the remaining stake of BodyArmor announced yesterday – but is the deal enough to topple PepsiCo’s...
What will be trending in 2022? According to Whole Foods' annual food trends report, consumers are seeking products that contribute to their personal definition of wellbeing, whether it be less-boozy beverages, leafy greens grown locally, or ice cream...
Bonumose – a Virginia-based startup with patented technology it claims could enable the mass market adoption of rare sugars such as allulose and tagatose – is investing $27.7m in production and R&D facilities in a 36,000 sq ft facility in Pantops,...
Picky eating that extends into school years can take a toll on children and parents alike, but what influences a child's dislike of certain foods in the first place, and what can parents do to help tackle this behavior?
While consumers are becoming increasingly aware of what they eat and drink and opting for 'better-for-you' products, they will never completely abandon their love for sugar and sweetness accelerating the need for low-calorie sweeteners such...
Not many companies would be satisfied with or even strive to produce a food or beverage that tastes ‘normal,’ but the founder of the better-for-you frozen dessert company Killer Creamery couldn’t be happier that the taste of brand’s new ice cream sandwich...
While many parents say that their family has eaten more healthily since the start of the pandemic, one in five parents reports relying more heavily on fast food as a quick fix family meal option, according to the University of Michigan Health C.S. Mott...
DouxMatok has partnered with Italian ingredients company Hi-Food to commercialise its sugar-reduction offering Incredo Sugar. FoodNavigator hears from the start-up’s CEO and CTO to learn more about its B2B strategy.
For a company with an over 90-year history, Ocean Spray is still in its early days of tapping into the kids beverage category with its Growing Goodness line, a functional line of kids juice products with no added sugar.
Poppi, an emerging prebiotic soda brand, has closed a $13.5m funding round led by CAVU Ventures and further backed by a star-studded investor pool including Ellie Goulding, Halsey, Kevin Love, and Olivia Munn, which will go towards supporting the company's...
Koia, which launched with plant-based protein shakes in 2016 sold at Whole Foods stores, has unlocked exponential growth in the mass channel with its low-sugar smoothie line that founder and CEO Chris Hunter says is the company's "best performing...
Sugar reduction has become a macro health trend among consumers who believe the dietary shift leads to general wellness and health, according to Euromonitor research.
First Bev has acquired a controlling stake in kombucha brand Health-Ade with additional investment from Manna Tree and Vail. Financial terms of the transaction were not disclosed.
Is it misleading to call iced tea containing 24g of added sugar per serving (48% of the daily value) ‘slightly sweet’? Not according to a New York judge, who has just dismissed a putative class action lawsuit vs Coca-Cola over Gold Peak Tea.
While children’s consumption of sugary beverages has fallen in recent years, it still exceeds recommendations in the Dietary Guidelines for Americans with rates remaining stubbornly higher among Black and Hispanic adolescents than white students, according...
UK-based startup The Supplant Company is targeting the US market with an intriguing new addition to the sugar-reduction toolbox in the form of ‘sugars from fiber,’ a new low-glycemic blend of sugars extracted from upcycled feedstocks that performs like...
Leading CPG companies including Unilever, Hershey, and General Mills have urged the FDA to look again at the way some sugars such as tagatose and isomaltulose are labeled on the Nutrition Facts panel in the wake of recent changes to the way allulose is...
Continuing to benefit from elevated at-home consumption of its core chocolate brands and growing snacks business, The Hershey Company reported $1.99bn net sales for Q2 2021 (12 weeks ending July 4, 2021) an increase of 16.5% compared to Q2 2020.
From San Diego-based Debut Biotech, which is developing a range of high-value ingredients via a novel ‘cell-free’ biomanufacturing platform, to Virginia-based Bonumose, which has patented technology it claims could enable the “mass market adoption” of...
US retail sales of packaged tea have been sluggish in recent years, with Nielsen data* showing a flat market until 2020, when covid prompted a 16.8% surge, before everything slowed back down again. Celestial Seasonings, however, has maintained double-digit...
While a recent probe into Oatly’s accounting practices and a flood of tech money going into food has raised questions about valuations in the space, zero-sugar soda brand Zevia has a solid track record of growth, a clear consumer proposition (great taste,...
Shares in stevia-sweetened zero-calorie beverage brand Zevia – which first hit the market in 2007 – started trading on the New York Stock Exchange this morning (ticker symbol ZVIA).
Growing biltong brand Stryve, which also owns Kalahari Snacks, making it the #1 air-dried meat snack brand in the US, has completed a business combination with Andina Acquisition Corp III, a publicly-traded special purpose acquisition company (SPAC).
With an infusion of $10m in series A funds announced today the biotech and data science company Aromyx soon will be able to help more food and beverage brands quickly measure consumer perceptions more accurately than traditional taste test panels, which...
Sensient Technologies has acquired the assets of New Jersey-based Flavor Solutions, a custom product and flavor development company serving the food, beverage, and nutraceutical industries. Terms of the deal were not disclosed.
Swedish keto-friendly brand Nick’s – which entered the US in late 2019 with low carb light ice cream pints – is on course to triple its US sales in 2021 (vs 2020) with continued growth in bricks & mortar retail, sharp growth in its fledgling direct...
Suja Juice, which helped mainstream the cold-pressed juice category, has been acquired by private equity firm Paine Schwartz Partners for an undisclosed sum, following a year of "unprecedented revenue and profit."
Comet Bio – a startup developing functional fibers and sweeteners from upcycled ingredients – has closed a $22m Series C round led by private equity firm Open Prairie, with support from Louis Dreyfus Company, BDC Capital, and existing investor Sofinnova...
PepsiCo’s net sales surged 20.5% to $19.22bn in the firm’s second quarter, zipping past expectations of $17.96bn, thanks in part to increased consumer mobility boosting demand for the firm’s iconic beverages at restaurants, events and across channels...
If you took the best of Bai, the best of Vitaminwater, and the best of Gatorade, and made it organic, you would have ROAR, says CEO Alex Galindez, who is applying a new distribution and marketing playbook to the five-year-old brand.
Online personalized shopping platform, Sifter, is hoping to make label reading a thing of the past with a tool that instantly tells consumers which products fit their dietary needs and lifestyle.
With a recent $8m cash infusion raised in a seed investment round led by several Israeli investors, Better Juice is scaling up the production capacity of its sugar reduction technology and focusing on deploying the technology in the US market, says Eran...
Now a few years on the mainstream diet scene, the keto market continues to grow with an uptick in new product launches in the past year, according to Mintel data.
A combination of supply chain disruptions and surging demand for sugar alternatives has created a very tight market for selected specialty sweeteners - notably erythritol and crystalline allulose – with some firms reporting shortages, longer lead times,...
Stevia-sweetened zero-calorie beverage brand Zevia – which first hit the market in 2007 – enjoyed a stellar year in 2020, increasing net sales by 29% YoY to $110m, while increasing gross margins from 43% to 45%, according to a prospectus released ahead...
Convincing children to eat their vegetables doesn’t have to be a struggle, according to the founders of Tiny Organics, who, with an infusion of $11 million in Series A funding, are helping kids break the sugar addiction with which they are born by replacing...
Cactus water brand Pricklee is carving out a spot in the plant water category largely dominated by coconut water with a product it says delivers a more approachable taste profile, with half the sugar and calories than leading coconut water brands.
Ocean Spray has hired former Coca-Cola Company vice president & general manager of its multi-billion-dollar water portfolio, Celina Li, to lead the cranberry cooperative's international expansion efforts and global business-to-business ingredients...
Viewed as the antidote to a tough day, chocolate was the indulgence of choice for one-third of US grocery shoppers during the pandemic, according to a survey from Cargill's North American Cocoa & Chocolate team, which uncovered the primary purchase...
French investment firm Roquette Ventures (part of ingredients company Roquette Group), which supports start-ups in the food, nutrition, and health markets, is looking to scale up production of plant protein sweeteners made using precision fermentation.
GoodPop Frozen Pops, a better-for-you frozen treat brand, has appointed former Unilever exec, Rahul Shah, as president and chief operating officer to help lead the company's next chapter of "unprecedented growth."
Despite significant unmet demand for convenient keto products across categories, consumers who follow the diet are becoming more selective and less willing to settle for options that use low-quality or unhealthy ingredients to meet the diet’s strict macro...
As just one part of consumers' larger definition of health and wellness, weight management has become less about the number on the scale and part of a broader holistic definition of what it means to be healthy, says Shelley Balanko, Ph.D., senior...
Amid the steady stream of plant-based meat and dairy launches, new innovations hitting shelves this quarter include zero sugar dairy milk from Maple Hill Creamery, yerba mate from Honest Tea, and rice cooked in bone broth, ready-to-eat in 60-seconds,...
SnackFutures, Mondelēz International's innovation and venture hub, has selected nine well-being snack brands to participate in its inaugural CoLab startup engagement program.
With demand for rare sugar allulose currently exceeding supply, Tate & Lyle has informed some partners that it is withholding supplies of the sweetener until further notice, FoodNavigator-USA understands.
Ingredion – already a key player in the stevia sweeteners market through its 2020 deal to acquire PureCircle – has teamed up with synthetic biology specialist Amyris to expand into a new segment of the market: steviol glycosides produced via fermentation.
While adaptogens and nootropics are central to the calming and functional benefits of Moment’s trio of botanical beverages, they take a backseat in marketing, which focuses first on the behavior modifications and lifestyle the brand promotes – a strategy...
While fluid milk consumption has been declining since the 1970s, US retail sales rose 7.1% last year (52-weeks ending Jan 2, 2021, according to NielsenIQ Total U.S. xAOC data). However, is this trend indicative of an actual revitalization of the $15.1bn...
DouxMatok, the Israeli firm behind patented technology that makes regular sugar taste sweeter, has launched limited-edition chocolate spreads in the US with half the sugar of leading brands to give consumers the chance to taste products made with its...
