Given that the success of most food and beverage launches hinge on taste, but that consumer preferences for flavors, textures and overall experience are constantly shifting, sensory testing has become a lynch-pin in the innovation cycle.
Can the new CEO stop the rot at Kraft Heinz, and should selling off the firm’s cheese, snack nuts, and coffee businesses to reshape the portfolio form part of his hotly anticipated strategic plan, to be announced in early 2020?
Evolv Ventures, the $100m venture fund backed by Kraft Heinz, has made its first investment in fast-growing GrubMarket, a startup that connects local farmers directly with restaurants and businesses to sell their wares.
Springboard – a Kraft Heinz platform dedicated to nurturing and scaling ‘disruptive’ US brands - has unveiled its second incubator class, spanning lupini bean snacks, seed-packed bars, plant-based yogurt, ancient grain snacks, and cold pressed almond...
This morning more than 9,700 federal employees who work for the Farm Services Agency will return to work without pay at least part time for the duration of the partial government shutdown, which is now in its 33rd day and by far the longest in US history.
Kraft Heinz has struck a deal to acquire Primal Kitchen, maker of better-for-you (with an emphasis on healthy fats and high-quality proteins) sauces, condiments, and dressings including mayonnaise and avocado oil, for $200m.
A month after committing $100m to launch its venture capital fund, Kraft Heinz has acquired wellio, an AI food tech company based in San Francisco, as part of its new digital innovation hub, the evolv group.
Kraft Heinz has committed $100m to launch the venture capital fund Evolv Ventures that will be focused on investing in emerging technologies in the food industry.
Entrepreneurs launching products that are unfamiliar to consumers or vastly different than previously available versions offered by competitors may struggle to gain initial trial – but partnering with chefs and distributing through foodservice can be...
For many entrepreneurs who dream of launching the next big national brand, the future can’t get here fast enough; but the founder of the “curiously pink” antioxidant lemonade brand Poppilu, warns growing too quickly without first nailing down the fundamentals...
The rumored Campbell Soup sale to Kraft Heinz has sparked debate among industry analysts on whether or not it would be a smart move for both CPG players. Taking a closer look at the potential deal some benefits for both companies start to emerge.
Former KIND Snacks’ investment firm, VMG Partners, was asked during the recent Food Vision USA in Chicago if big food companies like Kraft Heinz and PepsiCo should acquire emerging products or create their own brands to scale up innovation. Its response:...
A commonly held perception of the ongoing renaissance in the food and beverage industry is that only small, nimble startups are innovating to meet consumers’ evolving needs, and that large, legacy companies must acquire or incubate new brands to keep...
Kraft Heinz was recently rebuffed by Unilever, but is widely rumored to be eyeing up other acquisitions. But would a marriage with PepsiCo, one of several potential targets rumored to be on the shopping list, be a match made in heaven?
Working alongside members of Congress, hunger relief organizations and industry trade groups to package meals for the hungry and food insecure, executives at Kraft Heinz are not wasting any time in fulfilling the company’s recently expanded corporate...
Unilever shares have plummeted as Kraft Heinz drops its multi-billion dollar merger bid - but with the sterling weakened by Brexit, smaller firms are "sitting ducks" for foreign takeovers, UK politicians have warned.
Kraft Heinz has teamed up with Oprah Winfrey to form Mealtime Stories LLC, a joint venture that will debut with ready-to-eat refrigerated products across multiple categories.
Kraft Heinz may be “on the prowl again,” according to Susquehanna analyst Pablo Zuanic, who predicted the CPG giant could be back on the acquisition trail before the year-end in an August 25 note to investors.
