Up and coming plant-based chicken manufacturer Next Gen Foods is expanding into the non-dairy segment with today’s announced acquisition of Mwah! – a startup it says is leveraging a “cutting-edge methodology” to create “creamy and delicious dairy-inspired...
Organic rice grower Lundberg Family Farms is on a mission to certify all of its organic rice as regenerative organic by 2027 to better meet growing consumer demand for sustainable food and to “leave the land better.”
CPG companies could lose as much as 1% compound annual growth in revenue for the next several years with economic factors coalescing to create obstacles, professional service company PwC projected during a Consumer Brands Association webinar this week.
Sales of indulgent snacks are growing 20% faster than healthy options as consumers take a “balance sheet approach” when deciding what to eat, despite the current zeitgeist’s focus on better-for-you products that deliver more functional benefits with fewer...
As dollar and unit sales of frozen and refrigerated plant-based meat at retail continue to slide and grocers cut back on their selections of refrigerated meat alternatives, many stakeholders are wondering if the honeymoon period for the category has ended,...
By Elizabeth Crawford with reporting by Asia Sherman
A pioneer in the legume-based pasta segment, Banza is training its crosshairs on adjacent “refined grain categories,” with an ambitious goal of capturing 10% of their market share just as it has for pasta in some leading retailers.
The global provider of bakery, patisserie and chocolate ingredients is dedicated to moving to a healthier planet and is making major strides towards improving the sustainability of its packaging.
Artificial sweeteners have gained in popularity as consumers seek out products without sugar, but a new study suggests a potential link between keto-friendly sweetener erythritol and an elevated risk of heart attack or stroke.
Ahead of schedule and in partnership with like-minded plant-based protein brand Aloha, California-based Terviva’s much-anticipated, “ultra-sustainable” Ponova oil is debuting in its first commercially available food – a limited edition bar that celebrates...
Plurinuva has rebranded as Ever After Foods to launch its patented bioreactor platform for cultivated meat production. The new tech can increase productivity by more than 700%, CEO Eyal Rosenthal tells FoodNavigator.
Even as FDA kicks off a search for a deputy commissioner for its proposed Human Foods Program who it says will have a “clear line of authority over” all human food safety and nutrition programs, industry stakeholders worry agency is choosing a “business...
The American multinational breakfast cereal giant has realised its ambition of having 50% and above of male and female representation at manager level in the UK, three years ahead of schedule.
JM Smucker wants to expand its leadership position in the at-home coffee category, where it currently holds 26% of the market share and three of the top eight brands, through potential acquisitions, innovation, broader geographic reach and reinvigorated...
American consumers have gravitated toward private-label brands during rising inflation, and big-name brands may have trouble winning them back after inflation eases, new research from Attest suggests.
The Israeli startup has put on hold the construction of what it described as the world’s largest precision fermentation plant as the company opts to ramp up production at an existing facility.
From Polish to Korean flavor mashups to low-alcoholic beverages, these are a few areas that CPG companies and tastemakers should be on the lookout for in 2023, according to a recent consumer trends report from flavor house Symrise.
Change is inevitable, and for most it is uncomfortable – but it isn’t necessarily bad given it can be a catalyst for tremendous growth, deeper connections and betterment, which is good news for the consumer packaged goods industry considering research...
Americans’ understanding of processed and ultra-processed food varies quite a bit, according to research from the International Food Information Council, indicating an opportunity for marketers to educate consumers ahead of potential scrutiny by regulators...
After The Coca-Cola Co. halved its brands during the pandemic, the beverage giant is ready to strategically rebuild its product portfolio with “consumers at the center,” a new marketing model, a higher bar for innovation and an eye on a much larger prize...
Xiao Chi Jie (XCJ), the modern Chinese food brand that helped put authentic soup dumplings on the US map by cultivating a cult-like direct-to-consumer following during the pandemic is ready to expand into brick and mortar stores this April with a new...
FDA’s proposal that plant-based products can continue to be labeled as ‘milk’ but should also highlight how their nutritional value compares to their dairy counterparts has rankled stakeholders on both sides of the highly contested debate on what products...
General Mills is raising its full year guidance partly on the belief that investments in new digital and technological capabilities, including connected commerce, strategic revenue management and supply chain digitization, will “unlock new growth and...
Kraft Heinz is entering the final stage of its transformation in which it plans to capture $2b in incremental net sales from innovation through 2027 after the company has systematically rebuilt itself following the dramatic fallout of an aggressive cost-cutting...
As consumers feel the pinch of inflation, they’re turning more toward private label food products, reversing a pandemic-era trend for brand names – a move that could have M&A implications, according to a new research report from investment bank William...
Despite inflation pressuring some consumers to trade down or pull back on spending, more than three-quarters of shoppers globally still are willing to pay more for products making natural claims, according to the latest wave of Ingredion’s proprietary...
SpermidineEvo from GoodMills Innovation promotes cell health and wellbeing into later life and can be added to granola and protein bars, breakfast cereals and bread.
Since Project Potluck was founded in 2020 to support people of color in the CPG industry, the landscape and conversation around diversity and inclusion has changed dramatically, but according to the grassroots group turned non-profit a lot remains to...
Consumers pulled back on animal-based meat purchases in January after a slight uptick in sales and volume in December, likely related to holiday celebrations at home which for many Americans center around fresh meat, according to data from IRI crunched...
Consumers are demanding that the taste of plant-based meat match or exceed the taste of animal meat, setting a high bar for plant-based meat manufacturers to reach - but those who succeed may have the best chance of capturing the valuable flexitarian...
As 2023 comes into focus, CPG brands are addressing yet more changes to supply chains, marketing, and how they approach consumers, retailers, and the markets they serve, as shared in a recent IRI and Boston Consulting Group webinar.
Industry leaders and food safety stakeholders are calling out FDA for not going far enough in its plans to unify under a new Human Foods Program nearly all of its major food components that currently are scattered across multiple divisions.
Plant-based dairy heavy-weight Miyoko’s Creamery is preparing for a new chapter without its founder and namesake at the helm after board members unanimously decided the company needs a leader with a different skillset to take the business to the next...
U.S. grocery retailers should be more empathetic toward their consumers at a time when shoppers believe both inflation and grocery retailer profits are significantly higher than they are in actuality, according to a new report from London-based dunnhumby.
Danone’s specialised nutrition business Nutricia has developed its first plant-based ready-to-drink medical nutrition supplement. Fortimel PlantBased Energy is the product of an intensive three-year R&I effort. FoodNavigator hears from Manuela Borella,...
Nestlé has reported its net profit fell to CHF 16.9 billion ($18.33 billion) in its full year results for 2022, with sales increasing to CHF 94.4 billion ($102.38 billion), missing forecasts for CHF 95.02 billion ($103.05 billion), despite price increases...
The Coca-Cola Co. plans to raise prices again in 2023 against some retailers’ calls to roll back increases, arguing it has “earned the right to price with the consumers” through enhanced marketing and an agile packaging approach that balances premium...
To help drive sales during National Snack Food Month (February), Cincinnati-based retail data science, insights and media company 84.51° has shared an assortment of snacking takeaways for retailers.
With a 22% sales lift and a slimmed down net loss year-over-year in the fourth quarter, private-labeler TreeHouse Foods is reaping the benefits of recently raised prices, a still generous price gap compared to competitors and a reshaped portfolio that...
Overall US food prices accelerated in January over December after steadily slowing month-over-month between September and December, but the opposite is true for food consumed at home, which cooled in January – continuing a trend that began in December,...
Alongside falling sales, volume and units, plant-based meat has slid into the trough of despair, also known as valley of disillusionment or sorrow, and while it is unclear if the category has hit bottom yet, many stakeholders already are looking for a...
The Organic Trade Association is calling for Congress in the next Farm Bill to further strengthen the supply chain and integrity of the organic program and support research and adoption of conservation and climate-smart programs, which it says will help...
Following in the footsteps of its competitors Field Roast and Lightlife, Tofurky announced its acquisition, along with its sister brand Moocho, by US-based tofu manufacturer Morinaga Nutritional Foods. This deal was “an expected move” for the third largest...
Unilever is placing its innovation and investment resource behind its biggest brands – and the result appears to be paying off. But does this approach suggest that disposals from among the group's band of roughly 400 smaller brands could be on the...
Through a combination of new flavor and product launches, boosting advertising and marketing, and integrating purpose throughout the organization, PepsiCo expects to build on a strong fourth quarter and deliver upwards of 6% organic revenue growth in...