Rather than hit pause during the ongoing pandemic like many other investors, global venture capital fund SOSV’s Food-X accelerator is moving full steam ahead by welcoming to its 11th cohort eight companies that are directly tackling challenges coronavirus...
Perfect Day, a startup producing milk proteins via microbial fermentation (minus the cows), has secured a coveted 'no questions/objections' letter from the FDA in response to its Generally Recognized as Safe (GRAS) determination for 'non-animal'...
Dairy groups are working to soften the blow the COVID-19 crisis has had on the industry with new strategies to move more milk and dairy products into the market.
While many Americans have only been sheltering at home for a relatively short period, they are already telling market researchers that some recent habits – scratch cooking, home baking, and increased supplement use – will likely become part of their routine...
While the Beyond Burger and Impossible Burger have spawned a wave of soy- and pea-protein fueled copy-cats seeking to precisely mimic the taste and texture of beef, there is room in the plant-based foods market for products made from a broader range of...
When it comes to creating snacks that are irresistible to children and parents alike, the mission-based brand This Saves Lives says its recipe for success combines equal parts indulgent flavors and whimsical packaging for kids, plus for parents a pinch...
Brazil has reported a strong March in export terms, increasing presence in eight countries during the month, driven by falling trade barriers due to the coronavirus pandemic.
Now the initial grocery shopping ‘surge’ has calmed down somewhat, what can CPG companies expect in the next three to four weeks as consumers navigate the ‘new normal’?
New data from SPINS shows that avocado oil has continued to gain traction with US consumers, with sales in natural and conventional channels combined growing 24% in the year to March 22, 2020 on top of 28% growth the previous year, while coconut oil sales...
Even as packaged food and beverage companies scramble to meet increased consumer demand while also compensating for setbacks during the ongoing coronavirus pandemic, many are shifting already limited resources to employees, customers in need and the broader...
The generosity of the food and beverage industry is on full display as companies – some with limited resources – give what they can to those serving on the frontlines of the ongoing coronavirus pandemic, and to those in need, including many who unexpectedly...
Australian red meat exports during March have managed to remain stable in the face of the coronavirus pandemic, driven by demand from the Japanese market.
Global ingredients giant Ingredion has struck a deal to acquire a controlling (75%) stake in stevia supplier PureCircle, which has been going through a period of extreme turbulence in recent months, prompting the suspension of its shares and the installation...
Now that the 'surge' has calmed down, consumers are entering a new stage of shopping behavior – ‘home-confined buying’ – characterized by higher sales of non-essential food items such as cookies, chocolate, and ice cream, with overall spending...
As economic uncertainty climbs alongside the spread of coronavirus, most Americans are trying – but often failing – to maintain the status quo with regards to grocery purchases, according to new research from Datassential.
With the release of its new YO-MIX PRIME yogurt cultures, DuPont Nutrition & Biosciences says it has entered a new chapter of yogurt formulation offering manufacturers and consumers a more consistent product that maintains a mild taste profile throughout...
Simply Good Foods – parent company to Quest Nutrition and Atkins Nutritionals – entered FY2020 feeling confident about its performance of its core brands exceeding sales expectations through the first half of the year.
Days after the first reported coronavirus-related deaths of grocery store employees, Sen. Edward Markey (D-Mass) asked FDA and the Centers for Disease Control and Prevention for additional guidance on how retail food workers and customers can protect...
Monk fruit (Luo Han Guo) is best known as a source of high intensity natural sweeteners, but it could also emerge as an intriguing new source of fiber, claims Ingredients by Nature, which has developed a ‘sweet fiber’ from the pomace of monk fruit called...
Onboarding new brands is not top of the priority list right now at most food retailers, many of which are more focused on rationalizing SKUs than adding new ones. Meanwhile, R&D under lockdown isn't easy. So is innovation on pause, or are companies...
Nestlé CEO Mark Schneider warns that the business must ‘get ready for the storm’ as supply chain challenges are expected to intensify amid the global coronavirus pandemic.
A coalition of dietary supplement industry trade associations have come out in support of FDA actions against fraudulent coronavirus treatment claims and have urged retailers to not stock products with such claims on their labels.
Dietary supplement retailing giant GNC has announced ‘significant’ layoffs and other measures meant to help the business survive the current economic dislocations caused by the coronavirus crisis.
Artificial intelligence platforms could ease pressures on retailers and food manufacturers that desperately need help to meet increased demand for their products, but which are struggling to connect with those who have been laid-off or furloughed due...
After helping to trailblaze the now wildly popular plant-based meat category, the creators of Tofurky are hoping to work their magic again in the dairy-free cheese segment with the launch of new shreds and spreads under its sister-brand Moocho.
The food industry has moved remarkably quickly to adjust to a sudden and spectacular shift in food consumption towards the home as America goes into lockdown. But there could be significant challenges ahead if more countries block food exports, while...
Over the past few weeks, big food manufacturers have leveraged the strength of their operations and logistics capabilities to combat the spread of COVID-19. Many are also supporting their employees with additional compensation, cash bonuses, waived health...
Concerned that not all customers are following the medical community’s repeated recommendations of social distancing, Walmart has put stricter measures in place across its stores.
While some shoppers have shared photos of empty meat cases next to fully-stocked shelves of plant-based meat on social media, the latest Nielsen data suggests that retail sales of meat alternatives increased significantly in March alongside their animal-based...
The challenges of feeding healthy food to children who are notoriously picky eaters often are compounded when an allergy is added into the mix – which is why when the founder of the gluten-free baked goods brand Mikey’s introduced a line of stuffed pockets...
Despite surging sales of milk, cheese and butter as consumers pantry-stock and prepare more meals at home amid the ongoing coronavirus pandemic, dairy producers are struggling as prices at the farm gate have plummeted, major markets have evaporated and...
The FDA is providing temporary flexibility on packaging and labeling requirements for eggs sold at retail so firms can redirect product designed for institutions and restaurants towards retailers during the COVID-19 pandemic.
CEO of snacking company That's How We Roll, the parent company to national brands ParmCrisps and Thinsters cookie thins, feels cautiously optimistic about how the CPG industry will fare during and post COVID-19.
Americans are drinking more coffee than ever before – and not just because fears of coronavirus are keeping them up at night or because they suddenly need an energy boost as they navigate new demands that strain work-life balance.
While developing new products during a pandemic presents obvious challenges, food and beverage companies remain bullish about the potential for products featuring hemp-derived CBD, says Seattle-based SōRSE Technology, which supports brands looking to...
Over half (52%) of convenience stores are reporting increased grocery sales as consumers seek out pantry items from more retail channels to address their coronavirus shopping needs, reports the National Association of Convenience Stores (NACS), which...
The US Food and Drug Administration has issued another warning letter on COVID-19 claims. This one was issued to a Nevada company marketing CBD products.
Chobani experienced significant sales uplifts in its core yogurt business in March as shoppers stocked up on dairy items (along with everything else), but the rising star in its portfolio is oatmilk, with new brand Chobani Oat overtaking Oatly and Silk,...
It's too early to say if Big Food’s recent resurgence will last longer than the lockdown, but some legacy brands could benefit from work they’ve put in recently to upgrade/reformulate their wares as new consumers discover them for the first time,...
Spice and flavor giant McCormick & Co. is tweaking its advertising to better support consumers who are new to or unfamiliar with cooking at home, but who have limited options now that many restaurants and foodservice options have shuttered to help...
Kroger started to see a “significant shift in customer behavior” during the last few days of February as shoppers started stocking up, with sales accelerating sharply in March, generating a 30% rise in identical (same store) retail supermarket sales without...
US processor Tyson Foods is pay around $60m in bonuses to its 116,000 domestic frontline staff and truckers for their efforts during the coronavirus situation.
Looking at shopping behavior during previous recessions and natural disasters may provide some insight into how consumer purchasing habits could change during a global health pandemic, although there are several factors that make the coronavirus situation...
