Following strong trends in protein and immunity throughout 2023, Holland and Barrett predicts new consumer demands for natural energy alternatives, cognitive care, personalised hormonal support, and optimised hydration in 2024.
Software company Senspire demonstrated its all-in-one product development platform, Flavor Studio, at the Private Label Manufacturer Association event earlier this month, showing how product developers can use digital tools to launch products faster,...
Drawing on decades of experience in the beverage industry, Mark Mahoney teamed up with other industry veterans to launch The Drinkable Company. Here, he shares his top tips on launching a cannabis beverage brand, the opportunities and challenges for cannabis...
The world is currently fraught with uncertainties, ranging from economic and political instability to the ongoing threat of climate change and supply chain shortages. Along with the ever-present shadow of Covid-19, these factors are impacting people’s...
Despite losing market share in recent months due to higher prices and increased promotional activity by competitors, Kraft Heinz CEO Miguel Patricio says he is confident the company will meet its full year net sales targets and exceed previous gross profit...
Attendees at the Institute of Food Technologists’ annual Food Improved by Research, Science and Technology (IFT FIRST) conference this month won’t have to wait until they return home to apply what they learn in the hundreds of academic sessions or see...
At the Summer Fancy Food Show in New York City late last month emerging and established brands were going back to basics with simplified ingredients, streamlined packaging, clear cut benefits and natural – if not always familiar – flavor profiles.
Whole Foods Market’s newest store opened this week in the historic Walter Reed Parks in Washington, DC, as an anchor for the redeveloping neighborhood and a new opportunity for area startups hoping to break into the competitive food and beverage industry....
After three years of innovation-stifling supply chain and labor challenges paired with record high inflation and a trying economy that has discouraged both investors and adventurous shoppers, food and beverage manufacturers are finally ready to prioritize...
How Nestlé uncovers unmet consumer needs and develops foods and beverages are almost as innovative and diverse as the successful new products it has launched and patents it has filed since the pandemic began.
No longer a lumbering giant when it comes to R&D, Nestlé significantly increased its number of new product launches and number of patents in priority areas by simplifying its innovation process, fostering an entrepreneurial culture and collaborating...
The acute health threat of COVID-19 may be ebbing for most Americans, but the desire it instilled in many to bolster their physical and mental wellbeing continues to push consumers to seek food as medicine, according to industry insiders.
While some of the initial challenges that food and beverage startups experienced when the pandemic began have subsided, like restrictions on sampling and freezes on category resets, others remain and new ones have emerged – complicating the path to market...
After shaking up the smoothie set with its blender-free, instant fruit and vegetable powder blends and making gum drops it claims aren’t just better-for-you but actually good for you, plant-based nutrition company Kencko is heating things up with the...
As waves of COVID-19 and its variants ebb and flow they are creating an unpredictable tug-of-war between restaurants and grocery retailers that one industry insider predicts will continue to complicate inventory management long after the current supply...
While the coronavirus outbreak may have initially sidelined new food and beverage launches as retailers scrambled to stock the basics, and stay-at-home orders slowed research & development, one investor predicts “a burst of innovation” from existing...
Just over half of food & beverage professionals surveyed by product innovation firm Mattson this month say projects and launches have been delayed due to coronavirus, but two thirds are still working on new concepts and products and 50% believe COVID-19...
After a month of hints about pursuing an “exciting and terrifying” new opportunity in organic food, former Annie’s CEO John Foraker has finally gone public about his plans to join refrigerated babyfood brand Once Upon a Farm, alongside actress Jennifer...
Tortilla, salsa, canned beans. These pantry staples of Tex-Mex cuisine have traditionally been found in the shelf-stable aisles. Increasingly, they can be found instead in the store’s refrigerated perimeters.
Thanasi Foods will unveil Duke's Cajun-style andouille smoked shorty sausages and Bigs king-size seeds at the Sweets & Snacks Expo this week in Chicago.
Holiday celebrations call for candy, especially chocolate. But while celebratory times see peak chocolate product launches and sales, the category’s performance is quite flat year-round in developed markets.
Known for its ancient grain and gluten-free granolas, Purely Elizabeth aims to expand distribution and will test the waters of mushroom-powered granola bars this summer, thanks in part to a minority investment of $3mn from General Mills’ 301 INC.
Now that clean label has moved on from being a trend to becoming “the new rules of the game,” Innova Market Insights predicts more brands will rely on 'farm to fork' claims and bucolic imagery as a differentiator.
The ‘good for you’ trend in children’s food is growing, and small companies would do well to focus on healthy new product development in order to compete with big players who have the money to reformulate and rebrand, says one analyst.
While some commentators believe it has peaked in popularity, four of the top 10 new CPG products of 2014 were in the Greek yogurt category, suggesting it might be a little early to write it off just yet, according to the latest New Product Pacesetters...
Post Holdings hopes to return the long-neglected and aging PowerBar brand back to its former glory by revitalizing its marketing, branding and product innovation in 2015, according to company executives.
Glanbia Nutritionals says its US bakery lab will enable manufacturers to shorten new product development times, particularly in the area of ancient grains.
Launching big is not the definitive way to sustainable growth
How many consumer packaged goods that launch in the US today will still be around in two years’ time? The answer is a miserable 15%, according to Nielsen data.
In the latest installment of our What do you do series, we caught up with Paul Niemann, who has been leading product development at quinoa snack firm eatKeenwa, on why new product development is more like problem solving, how many hats the EVP of a startup...
In the latest installment of FoodNavigator-USA’s What do you do series, we talked with Kai Sacher, head of global product development at leading yogurt manufacturer Chobani, about his roots on Austrian dairy farms, the importance of timing in new product...
PepsiCo has inaugurated its first R&D facility in Mexico – a baking innovation center that will be dedicated to strengthening its better-for-you portfolio across brands like Quaker, Lay’s and Sabritas.
New product development doesn’t have to be a random hit and miss exercise, but can be helped by 60 lines of thinking, says the CEO of Inventours and author of the new book Catalyzing Innovation.
A vast majority of food and beverage executives (90%) expect revenues to increase during the next year, with a third of them believing that growth will be in double digits, according to a global survey of 250 F&B companies by Grant Thornton LLP.
Blast out of the starting blocks with your hot new product at high ACV distribution and pile in the promotional cash, and you’ve got a fighting chance of reaching that magic $100m in year one sales. You’re innovation dynamite: an IRI new product pacesetter.
Retail buyers, as every food and beverage manufacturer knows, want it all. Cleaner labels, an improved nutritional profile (lower fat, sugar and salt), great taste and texture - and an even keener price.
Hershey’s CEO has said that pacing is important in innovation and while efforts have been “far more disciplined” than in the past, it is still committed to new product development (NPD).
Special edition: The new product development process
Global food companies face big NPD challenges in appealing to widely varied local tastes, but as the world becomes increasingly interconnected, manufacturers are learning lessons from product launches half a world away.
Special edition: The new product development process
Social media allows companies to feel out consumer perceptions of ingredients and concepts at the beginning of the product development process – and combines well with more traditional consumer research, says social media research firm Loudpixel.
Special edition: The New Product Development Process
If you’re big in shredded cheese, chances are you know pretty much everything there is to know about the market, the manufacturing process and the competition. But who do you turn to if you want to make something else?
New product developers need to be aware that texture has a strong impact on how flavor is perceived and should be considered at the beginning of the NPD process, according to president of TIC Gums Greg Andon.
Tate & Lyle opened its 110,000-square-foot innovation and commercial development global headquarters in Chicago on Wednesday, as part of its strategy to focus on specialty food ingredients and move closer to its customers.
For a long time, Tate & Lyle had the sucralose market to itself. It discovered it, patented it to the hilt, and perfected the manufacturing process at plants capable of producing it on an industrial scale.
Shoppers are holding on to frugal habits in 2012, but there are emerging trends that food and beverage manufacturers can use to attract consumers, according to the latest research from SymphonyIRI.
There's a lot of gas about using natural and sustainable ingredients in foods, but is industry throwing one free and natural ingredient out of the window without considering its potential?
Almost four out of 10 product development projects for US food manufacturers developed by McCormick & Co last year were on “flavor solutions that feature all-natural ingredients, reduced sodium, lower calorie and other healthy attributes”, its chief...
Chr. Hansen has expanded its applications laboratory and R&D staff at its Milwaukee, Wisconsin center to provide greater specialization in natural colors, the company has said.
Food and drink manufacturers are slowly starting to recruit again as confidence levels improve, but problems in the housing market and worries over energy prices continue to thwart progress, according to recruitment agencies specializing in the food sector.
