The stressful one-two punch of pandemic lockdowns followed by runaway inflation has many consumers looking for comfort and escapism from their food and beverages, which industry leaders say is driving demand for new flavor combinations that are nostalgic,...
Hershey has announced its holiday lineup for winter 2022 with classic festive favourites including Grinch-themed Hershey’s KISSES and Reese’s Peanut Butter Trees returning once again, and brand-new treats such as Hershey’s Hot Chocolate Bombs.
Unilever has said it is exploring making ‘cow-free’ ice cream and is hoping to soon launch a product made with dairy proteins made via precision fermentation, but admitted there’s a danger they will be ultimately be rejected by shoppers if they are perceived...
Nearing 2023, consumers are increasingly demanding more from food and beverages, seeking out products that provide a personal functional health benefit and added value, according to Mintel's 2023 Global Food & Drink Trends report.
While claims about Listeria and contaminants in a food production facility should be taken seriously, the allegations made in a Bloomberg article alleging “dirty conditions” at Beyond Meat’s production facility in Pennsylvania lack vital context, says...
Made from paper pulp and biopolymer, the new home compostable capsules – compatible with Nespresso Original machines – will enter the European market from spring next year.
As climate talks conclude in Sharm El Sheikh, for the first time ever a deal has been reached that will see agriculture integrated into the UN’s climate action body. The result of lengthy talks and a significant process of negotiation, does the so-called...
JM Smucker Co. remains bullish on its coffee portfolio, including iconic brands such as Folgers, Café Bustelo and Dunkin, despite volume declines and greater elasticities in the category in the company’s second quarter, which executives attributed primarily...
Is there such a thing as ‘climate positive’ food, and can we compare products at a glance and determine which is the more environmentally-friendly choice based on claims made on pack?
The FDA has sent out a raft of warning letters to brands selling CBD-infused foods and beverages, adopting an “aggressive position” that one industry source told us made him “concerned for our entire industry.”
Consumers feeling pinched by rising inflation are shifting where they shop for food, what they buy and how many items they place in their carts – prompting retailers to rethink and often reduce their product mix, reveals IRI sales data crunched by 210...
Caught between providing value for its increasingly price sensitive shopper and generating healthy profit margins, Target is identifying new ways to optimize and simplify its business to drive positive long-term growth.
Torr FoodTech - an Israeli startup deploying an intriguing new approach to creating snack bars by deploying pressure and ultrasonic energy instead of sugary binders to ‘weld’ natural ingredients together - has raised $12m in a series A round as it expands...
Analysis of hundreds of FDA-recalled food and drink products revealed that undeclared milk had been the most likely reason why products were pulled from shelves.
Despite “overwhelming evidence” demonstrating dietary health impacts, and growing consumer interest in nutrition as a wellness tool, widespread adoption of food as medicine in the West faces significant structural challenges that will require stakeholders...
Tate & Lyle has expanded its sweeteners toolbox with ERYTESSE erythritol, which provides 70% of the sweetness of sucrose, a similar temporal profile, and zero calories.
Premium milk products are breathing new life into the broader fluid milk segment, with large numbers of consumers now buying 'tummy-friendly' a2 milk not because they have trouble digesting regular milk, but because 'they just view it as...
If you’re making cultivated meat in a bioreactor instead of a living, breathing animal, and you want to introduce it to consumers for the first time, what’s the best launch vehicle? A chicken nugget or fillet, a thin beef steak, a high-value item such...
As temperatures drop across the country and consumers allocate a larger portion of their budget to heating and fuel, experts predict spending will cool across other categories, including food, which has been relatively resilient despite double-digit inflation.
While most adults are aware of the importance of fruits and vegetables in their diets, many individuals overestimate the quality of their daily diets, new research from the American Heart Association has found.
As Americans prepare to celebrate Thanksgiving in a week, many are worried they won’t be able to afford a traditional meal – prompting some to look for alternatives, including plant-based options, and triggering massive promotions by retailers eager for...
Cultivated meat – made from animal cells grown in bioreactors instead of living breathing animals – has edged one step closer to commercialization in the US after the FDA sent Berkeley-based UPSIDE Foods a ‘no questions’ letter affirming the safety of...
Instead of coffee beans, Minus Coffee is taking ingredients such as chicory root, dates, and lentils, which undergo a fermentation process that its founder claims precisely replicates the taste and aroma of cold brew coffee, but in a much more sustainable...
“It's very frustrating to hear people talk all the time about transportation and power [in conversations about climate change] when right in front of you three times a day, there is a solution that's more impactful,” observed Beyond Meat founder...
Chicago-based kids lemonade brand Poppilu has been acquired by American Beverage Corporation, a wholly-owned subsidiary of Harvest Hill Beverage Company (makers of Juicy Juice and SUNNYD), to build upon the brand's success of establishing the kids...
The CEO of Tyson Foods defended the meat-packing company’s recent leadership shakeup, which included appointments that one investment analyst suggested were not as experienced as their predecessors, including that of a 32-year-old member of the Tyson...
French cheese and snacks maker Bel Group has entered into a strategic partnership with precision fermentation start-up Standing Ovation. The company says the move will help it ‘meet the challenge of proteins for the future’.
Growing meat from cells in bioreactors instead of living breathing animals should logically be more efficient, as resources are spent on growing only the cells that make up the meat product rather than keeping an animal alive. But it’s never been done...
Zevia continues to gain new shoppers, increasing the brand's household penetration (+1.3 million households in Q3 2022 vs. Q3 2021) while the company sorts through temporary inventory management issues that have dented its full 2022 year outlook.
Oatly has unveiled a cost-cutting plan after posting another disappointing set of results, with a $107.9m net loss on net revenues up 7% to $183m in the third quarter (+16.7% to $199.7m on a constant currency basis), with gross profit margins of just...
Nutrient quality in plant-based beverages should be considered on a par with sustainability credentials, researchers say as they assessed the quality as well as quantity of micronutrients in common plant-based drinks.
GNT has secured US Food and Drug Administration (FDA) approval for the use of spirulina extract in beverages: offering a clean label way of delivering not only vibrant blue shades but also an associated palette of navy blues and violets.
Between Americans’ hectic on-the-go lifestyles pre-COVID, the pandemic prompting everyone to hit pause followed by hybrid work schedules, inflation rates at 40-year highs, and increased expectations that food not only nourish the body but also the soul,...
As international leaders gather in Egypt for the UN Climate Change Conference (COP 27) to discuss, for the first time, the impact of food and agriculture systems on the environment, industry stakeholders large and small already are fighting to mitigate...
By Abby Meyer, Jeffrey Parker and Khirin Bunker of Sheppard Mullin; and David Liu, PhD, Gavin Thompson, PhD and Elizabeth Miesner of Ramboll US Consulting, Inc.
Federal and state agencies are considering restrictions or bans of individual 'forever chemicals' PFAS (Perfluoroalkyl and polyfluoroalkyl compounds) or PFAS as a class, while at least 24 putative class actions targeting packaged goods purportedly...
Plant-based foods and beverages co-manufacturer SunOpta continues to see strong growth across its plant-based milks portfolio especially in oatmilk, which is growing at more than twice the rate of the broader oatmilk segment.
Beyond Meat posted a year-over-year net loss of $101.7m on net sales of $82.5m in Q3 2022 as the company executes a "full force pivot" to its operating model, which includes slashing operating expenses to fortify the business and focusing on...
Square Roots is expanding its indoor farming footprint of teched-out converted shipping containers by co-locating one of its new farms at grocery wholesaler UNFI's distribution center near the Twin Cities where frigid winters reduce access to fresh,...
While still rising, grocery prices appear to be cooling while those at restaurants are stabilizing – reinforcing industry leaders’ optimism that input costs are cresting and the macro environment is beginning to stabilize.
Keurig Dr Pepper has announced the resignation of Ozan Dokmecioglu as Chief Executive Officer and a member of the KDP Board of Directors: with Bob Gamgort, the company’s current Executive Chairman and former CEO, reappointed as CEO.
Having outgrown its three facilities in Colorado, Bobo's is moving into its two-years-in-the-making 'super bakery' which will give it enough capacity to triple its output of bars and put it on track to eclipse $100m in revenue next year.
Shoppers at Sprouts Farmers Market may be putting fewer items in their cart per visit to manage their budgets as inflation drives up prices but what they are buying tends to be higher margin grab-and-go items illustrating the need for convenience as on-the-go...
Keurig Dr Pepper is taking a minority stake in American non-alcoholic craft beer maker, Athletic Brewing Company: following on from the acquisition of non-alcoholic RTD cocktail brand Atypique earlier this year.
Hain Celestial is cautiously optimistic that the “macro environment is beginning to stabilize” and expects “modest sequential improvement in total company profit performance” in fiscal 2023 after better-than-expected sales in North America that softened...
While the high-single to double-digit drop in plant-based meat sales over the past year has prompted significant handwringing among investors, retailers and other stakeholders, category front-runner Impossible Foods is neither surprised about the segment’s...
Executives at private label specialist TreeHouse Foods are optimistic about the future after several rocky quarters as it celebrates the “strategic milestone” of divesting its meal prep business early last month that will allow it to focus on its more...