This week, food tech venture capital (VC) firm PeakBridge closed its Growth Fund II after raising $187m – surpassing its target — and invested in meat, dairy, and cocoa alternatives as part of its second fund, Nadav Berger, the company’s founder and managing...
The meat and dairy alternative markets are bifurcating as some consumers seek premium products, including whole cuts, while others make their own plant-based dishes to save money, Miri Eliyahu, senior research analyst at Euromonitor, told FoodNavigator-USA.
Plant-based comfort food brand Blackbird Foods launched a crowdfunding campaign on Start Engine to grow its business, including a bigger push into school lunch programs, company CEO Emanuel Storch told FoodNavigator-USA in a Startup Spotlight interview....
Sales of plant-based products dipped slightly in 2023 from the prior year as prices rose to offset inflation at a faster rate than their animal counterparts in some – but not all – categories, according to new data from the Plant Based Foods Association....
With food fraud widespread, the geographical origin of hazelnuts must be traced. A new study analysed their isotopic markers to find which ones could link them back to their origin.
The American multinational food processing and commodities trading corporation's investment will drive progress in food product development, safety and security.
Heritage Grocers Group operates 115 locations across four banners in six states, “adjusting to the local customer needs” of the Hispanic market by offering affordable groceries, including prepared and fresh foods, Adam Salgado, the group’s chief marketing...
The Coca-Cola Company is launching Coca-Cola Lens: an insights platform, available to all, that shares data and experience from hundreds of thousands of retail and foodservice outlets in North America.
Biotech company Oobli signed a formal agreement with Grupo Bimbo to supply the baked goods manufacturer with sweet proteins — the first major step in the startup establishing itself as an ingredient provider.
New data from the Organic Trade Association shows organic sales “bouncing back” after a post-pandemic and inflation-induced slowdown in incremental grown in recent years, with research from SPINS suggesting the products best positioned to seize this growth...
With reported ingredient shortages and price rises across the food and beverage industry, it appears the almond industry is bucking the trend, with prices at an 'all-time-low' with supply exceeding demand.
Gelatin may not be flashy and new, but it remains the second fastest growing hydrocolloid off a significant base thanks in part to its ability to meet a wide range of emerging consumer interests, including clean-eating and high protein to permissible...
Despite overall satisfaction with their diets, rural and urban consumers are divided on agriculture's role in climate change and the health attributes of various products like plant-based milk, Purdue University shared in its latest research.
Products targeting ‘gut health’ have a range of benefits, yet these are not always clear in marketing. How do consumers understand gut health, and is this understanding congruent with reality?
Blommer Chocolate Company, the largest cocoa processor and ingredient chocolate supplier in North America, has announced it is extending its partnership with sugar reduction company Incredo.
The world’s top orange production regions are struggling: putting pressure on the global supply of oranges for the juice industry. Beverage brands are finding innovative ways to deal with high costs and shortages.
CPG companies offering nutrient-dense, portion-controlled food and beverages could tap into emerging needs of consumers on weight-loss drugs, like Ozempic and WeGovy, consulting firm Mattson shared in a recent webinar.
Given the complexity of alternative-protein manufacturing, many biotech companies are exploring how to reduce costs with AI technologies, process improvements and novel uses for waste streams from other industries, Lever VC shared in a recent report.
Better-for-you oat bar brand Bobo's develop its new Strawberry Lemonade Oat Bite flavor by leveraging existing favorites, like Strawberry Stuff'd and Lemon Poppyseed, with innovation accelerated by its state-of-the-art bakery completed in 2022.
Like many other commodities, tea is increasing in price. This is due to instability: instability in the climate and instability in the world of geopolitics.
Hain Celestial is slashing its portfolio and consolidating its operating footprint to “unlock savings” and “further de-leverage the balance sheet” as part of a broader “Hain Reimagined Strategy,” but the four-prong plan may take longer than expected as...
Consumer tolerance is running out for food and beverage companies raising prices to offset inflation, based on volume and sales declines reported by several large CPG manufacturers during the most recent round of quarterly earnings calls.
Walnut snack company Unbound Snacks took home the gold at C.A. Fortune's Build Tank event in Chicago, for its category innovations and eye-catching packaging, while other brands impressed buyers through unique products and branding.
On our NPD Trend Tracker this week, we have a range of new products from big brands; new flavours from Kettle Chips, plant-based thighs from This, plant-based ice cream from Flora Professional, and a gluten free range from Leon. We also have a collaboration...
First there was inflation, then there was shrinkflation, next came heatflation, now there’s sogflation. But what is sogflation and how is it impacting the food industry?
As ageing population numbers rise in Europe, an opportunity is opening in food and beverage. How can industry best tap into the ‘healthy longevity’ trend?
The FoodNavigator-USA team is heading to Chicago next month to Future Food-Tech’s Alternative Proteins summit, where we will help lead discussions around overcoming obstacles facing plant-based and cultivated meat and seafood and help identify areas of...
Hydration brand Liquid I.V.’s new packaging and summer ad campaign help “optimize and modernize” the brand “without disrupting shopability at shelf,” Brittany Shaw, the company’s senior brand director told FoodNavigator-USA.
Food-tech company Voyage Foods raised $52m in its Series A+ funding round to grow its ingredient business as it prepares to open a second facility later this year.
From the antioxidant effects of blueberries to the cholesterol lowering effects of chia seeds, consumers love so-called superfoods. So could kelp seaweed join the superfood family as a favourite of the wellness world?
Mycelium food maker Meati raised more than $100 million in Series C-1 funding "to help meet the growing demand for its products," and support its expansion into 2,000 Kroger Family Stores last month, bringing its retail footprint to more than...
Laird Superfood is giving the best part of waking up – coffee – a functional boost with the release of its new protein-rich creamer, the brand’s VP of Marketing Martha Opela told FoodNavigator-USA.
Update is redefining the energy drink category with its star ingredient, paraxanthine, a metabolite of caffeine that provides the uplifting benefits of caffeine without the negative side effects, company Co-founder and CEO Daniel Solomons told FoodNavigator-USA...
Finalizing FDA’s massive reorganization to create a unified Human Foods Program under one leader is the “number one” priority ahead of the November presidential election, which could impact the agency’s focus if a new administration wins office, agency...
Prebiotics and probiotics are practically celebrities in the world of gut health, but have you heard of postbiotics? This lesser-known friend of pre and pro is quickly climbing the gut-health charts.
From creamy chocolates to chewy candies, plant-based options are paving the way for a more inclusive and compassionate approach to snacking that caters to the diverse tastes and preferences of consumers worldwide. We look at some of the key trends.
Bush’s Baked Beans, Clif Bar and SkinnyPop are building brand loyalty through multi-channel marketing that highlight each brand’s voice and commitment to values that resonate with their target audience.
Tillamook County Creamery Association (TCCA) is making significant strides across its packaging, recycling and animal welfare programs, as outlined in its 2023 Stewardship Report, Paul Snyder, executive VP of stewardship for the co-op dairy producer,...
Cereal maker WK Kellogg’s year-over-year sales continued to decline but are slowly improving quarter-over-quarter as is the gap between its price and volume, suggesting its new marketing model and supply chain management strategies are working to deliver...
McCormick is expanding its red-cap line of spices and herbs with the release of Crushed Jalapeño Pepper next month, as the company capitalizes on a recent rebrand, Giovanna DiLegge, the company’s VP of marketing, North America consumer, told FoodNavigator-USA....
Sorghum’s addition to USDA’s finalized updates to the Special Supplemental Nutrition Program for Women, Infants and Children (WIC) is a win for the nutrient-rich grain in contributing towards “global foodways,” Lanier Dabruzzi, director of nutrition and...
Under Dye’s stewardship, the US’ biggest flour miller has enjoyed significant growth, making numerous acquisitions, expanding its capacity and building out its Emerging Nutrition alternative grains business and regenerative agriculture program.
Private-label beverage manufacturer FedUp Foods is opening a new facility in Wilmington, N.C. later this summer, which will add cold-brew coffee capabilities, two company executives shared with FoodNavigator-USA.
Alt-protein startups that are trying to attract the attention of venture-capital (VC) investors often need to ensure their business pitches focus on how they can capture a market through their product and team, while founders must convey confidence and...