The nascent allergen introduction category is gaining credibility, visibility and reach with retailer Target creating in select stores a dedicated section of products that help caregivers conveniently and safely follow clinical guidelines to introduce...
If you look at the ingredients lists of most plant-based burgers, they’re not wildly different – a combination of extruded plant proteins, hard and liquid fats, natural flavors, yeast, methylcellulose, starch, seasonings and perhaps added vitamins and...
Agtech company AppHarvest has secured a $91m financing arrangement with sustainably-focused investment firm Equilibrium Capital to fuel the future construction of 12 high-tech indoor farms by 2025.
While the alternative protein category is far from saturated and there is plenty of runway for innovation, investors predict a shaking out of players is on the horizon, and they say the companies that remain in the game will be those that move beyond...
Consumers who turned to functional foods and beverages to help reduce anxiety, improve their sleep and lift their spirits during lockdowns are likely to continue their new habits and rituals as they navigate an uncertain return to offices, travel and...
Santiago-based food tech company NotCo has raised $235m in a Series D round led by Tiger Global and supported by DFJ Growth Fund, ZOMA Lab, athletes Lewis Hamilton and Roger Federer, and musician and DJ Questlove, taking its cumulative funding to $350m...
As many food and beverage companies face the pressure of increased costs to manufacture and transport their products, consumers have also reported feeling the impact inflation is having on their grocery bills.
The pandemic prompted the first positive growth in US retail volumes of fluid dairy milk for years (+2.1% in 2020). However, a corresponding drop in away-from-home consumption meant overall volumes were flat (-0.1%) in 2020 and are predicted to drop -4.5%...
Kentucky-based, tech-powered indoor farming company, AppHarvest, is bringing in tech industry veteran Mark Keller as SVP of its software applications platform.
Sourdough bread and stretchy pants may have been all the rage during the early days of the pandemic, but as vaccines become more prevalent and US consumers begin to reemerge from lockdowns, they increasing are turning to keto-bread and other low-carb...
Should the food industry always yield to consumer demands, especially when those demands can be conflicting and at odds with other values, such as sustainability and environmental impact?
The emotional and physical toll taken by the pandemic has reshaped Americans’ palates – pushing them to try more adventurous flavor profiles, including more floral and earthy botanicals that were once niche in the US, embrace yuzu and step-up their heat...
Consumers’ intense focus on healthy eating and immunity-boosting foods is beginning to wane as more people become vaccinated, creating space for more indulgence and a back-to-basics approach to food, according to Mintel data.
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).
The European Food Safety Authority was asked to review the link between sugar consumption and various diseases. The results are in: “Based on the risk of developing chronic metabolic diseases and dental caries, the intake of added and free sugars should...
Entering into the second half of 2021, Unilever said it will accelerate pricing across its product portfolio to offset the rising costs of transportation and commodities such as soybean oil.
Wander around leading UK food retailers and you’ll see aisles of fresh prepared meals, soups, salads and desserts, dominated by private label. So, will the US market move in the same direction?
Plant-based brand Crafty Counter, best-known for its frozen lentil- and bean-based bites – has developed what it claims is an industry first: ready-to-eat plant-based boiled eggs, which it hopes to launch late this year or early next year.
Frustrated by the current “wild west” that the CBD market has become, the Consumer Brands Association is calling on FDA to establish and enforce a federal regulatory framework for CBD products and is throwing its support behind Democratic Oregon Sen....
The Coca-Cola Co. plans to build on the strong momentum in its second quarter that allowed it to raise its full-year guidance by intensifying the amount and efficacy of promotions going forward and continuing to innovate with a ‘disciplined approach to...
Target Corp. has selected 11 food and beverage brands to take part in Target Takeoff, the retailer's product-focused accelerator program, now in its fifth year.
While a recent Congressional Subcommittee report alleging “dangerous” levels of heavy metals in leading baby food brands “brought the issue of toxic contaminants to the fore,” it also “shocked and confused parents of young children,” said a senior FDA...
Research published in the scientific journal Environmental Science & Technology claims to provide an enlightening but worrying insight into the world of chemicals that are intentionally added to plastics.
More than two and a half years after teasing the launch of Nitro Pepsi – a cola carbonated with nitrogen instead of carbon dioxide creating a velvety, smooth texture – PepsiCo says it is putting “the finishing touches on our roll out plans.”
After growing steadily across channels on and offline, better-for-you snack brand Quinn is poised to enter its “next phase of growth” with $10m in series B funding announced today that will support upcoming new product launches, expanded distribution...
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).
New York-based direct to consumer brand Little Spoon – which delivers chilled fresh food for babies, toddlers and young children to homes across the continental US - has raised $44m in a Series B round led by Valor Equity Partners, with participation...
In the days and months immediately following the declaration of the coronavirus pandemic, consumer interest in immunity boosting foods and beverages tripled and brands moved fast to launch products to meet this heightened demand – but as vaccines become...
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...
Nature’s Fynd - a Chicago-based startup growing protein-packed food from microbes with a fraction of the environmental footprint of meat or dairy – has raised $350m in a Series C round (taking its total financing to >$500m) as it gears up to launch...
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.
While many consumers have incorporated some form of e-commerce into their grocery shopping routines, an increasing number are indicating their preference for their pre-pandemic in-store shopping trips, according to survey results from The Feedback Group.
Israeli firm NextFerm Technologies – one of a flurry of players developing new protein sources from microbes - is gearing up for the 2022 commercial launch of ProteVin, a vegan, non-GMO, yeast-based protein, following successful testing at pilot scale...
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...
Live-stream shopping is emerging as a new frontier for food and beverage brands as homebound consumers during the pandemic looked for safe ways to discover products and stock their pantries and brands seek novel ways to tell their stories and drive trial...
Three high-profile acquisitions put the spotlight on how PepsiCo is shaping its beverage portfolio for the future: tapping into a new consumption model with SodaStream; eying up the opportunity for protein and sport with CytoSport, and building its presence...
The plant-based chicken category is heating up with Impossible Foods unveiling plans to enter the market in the fall with soy-based nuggets, going head to head with rival Beyond Meat, which has just launched pea-, and faba bean-based tenders.
The Good Crisp Company is eyeing up the growing market opportunity for snacks with immune support benefits with the recent launch of its better-for-you cheese balls featuring Kerry's Wellmune ingredient.
As consumers become vaccinated and more comfortable venturing out of their home after months of lockdowns, their health remains front of mind, but their priorities are expanding from a laser-focus on immunity to include weight management and their state...
Ultra-processed foods, such as packaged baked goods, sugary cereals and ready-to-eat meals with food additives and high levels of added sugar, fat and salt, but low levels of vitamins and fiber, are in the spotlight again after research published this...
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...
A bill put forward by Senate Majority leader Chuck Schumer, D-NY, to decriminalize marijuana includes language on CBD that has been welcomed by supplement industry stakeholders.