Consumers will stop buying a product when its original price has risen by an average of 40%, according to a new survey commissioned by specialist PR agency Ingredient Communications and conducted by SurveyGoo.
jack & annie's, an emerging plant-based meat brand made from whole jackfruit, closed a $23m Series B funding round, setting the stage for the company to expand into more conventional retail accounts and pave the way for a growing "less-processed"...
With an infusion of $11.4 million in pre-series A funding announced today, Australian startup Provectus Algae is ready to rapidly scale the commercial production capacity of its sustainable and “complementary” biomanufacturing platform that leverages...
The backlash against Kellogg for threatening to replace striking union members at four of its US cereal plants has reached a fever-pitch with President Joe Biden chastising the company, social media users flooding the company’s job portal with fake applications...
Tracking online grocery shopping habits over the past year, Instacart identified a shift back towards convenient on-the-go food items and the rising adoption of viral food recipes and hacks popularized by social media platforms such as TikTok.
More than 2 billion cups of coffee are consumed a day, fueling a retail market worth more $450 billion that supports 125 million people, including more than 12 million small holder farmers, most of whom are completely blind to the quality of their crops...
Undeterred by the chaos of the pandemic, including supply chain challenges and retailers significantly scaling back selection and even pausing new product introductions, an elite, cross-functional team of innovators at Clif Bar & Co. secretly pushed...
Determining the most sustainable packaging option for CPG products is rarely as clear cut as it might appear. Take yogurt cups, which are typically made from polypropylene (PP), which can be recycled, although many US curbside pickup services don’t yet...
Tyson Foods is aggressively repositioning itself as a sought-after workplace, investing in automation and other operational performance improvements and reinforcing its leadership position through marketing and innovation in order to reverse sharp earnings...
Will 2022 be the year the FDA finally weighs in on CBD regulations, or defines 'natural'? Will we see guidance from the FDA on the pre-market consultation process for cell-cultured meat? Is compliance with the bioengineered food disclosure standard...
Two Good Greek yogurt has become a $200m+ brand, and the #2 contributor to dollar growth in the total yogurt category, in its third year on the market, claims Danone North America.
Valio USA is entering the US plant-based yogurt market with its line of Oddlygood Oat Yogurt products, which the company claims outperforms other oat-based competitors when it comes to the difficult-to-nail taste profile.
With the Jan. 1, 2022 deadline for compliance with the National Bioengineered Food Disclosure Standard (NBFDS) fast approaching, many companies are still struggling with compliance, even at this incredibly late stage, say industry sources.
UPSIDE Foods’ cell media – the nutrient-rich broth it uses to feed cells that will turn into cell-cultured or cultivated meat – is now 100% ‘animal component free,’ says the California-based firm, which described the milestone as a “biological breakthrough.”
Campbell Soup Co. is banking on another round of price-increases next month, persistent consumer demand and a recently bolstered workforce to help it overcome lower than expected sales in the first quarter and a ‘tough’ upcoming second quarter to ultimately...
Move over sourdough, a new era of baking is rising in 2022 that focuses less on practicality and austerity and more on decadence, extraordinary experiences, celebration and holistic well-being, according to industry insiders.
Food has taken on deeper meaning for many consumers serving as a connection to experience, community, and personalized health goals, noted Tastewise in its 2022 report, which uses AI to analyze over 1 million restaurants and delivery menus, 22 billion...
Kellogg Co. will move forward with hiring employees to replace the roughly 1,400 hourly union members at four of its US cereal plants who, over the weekend, “overwhelmingly” rejected its most recent contract proposal – opting instead to extend their strike...
HEMAMI – a much-anticipated meaty flavor Motif FoodWorks reckons could be a game changer in the meat alternatives arena by delivering the flavor and aroma of the real thing - is now commercially available for large-scale distribution to customers.
With the holiday season in full swing, Americans who are looking for safe ways to celebrate with friends and family increasingly are turning to dessert boards – a flexible, emerging trend that Dawn Foods says meets evolving consumer demands, has ‘unlimited...
Plant-based ice cream brand NadaMoo! is exploring moves into adjacent categories after raising almost $10m in a series B round led by District Ventures Capital and InvestEco, and a new partner Killam Investments, a South Texas based family office.
Two years since Seattle introduced its sugar-sweetened beverage tax, new research indicates that the 1.75-cent per ounce tax has significantly curbed sales of soda, juice, and other sugar-sweetened drinks.
As a climate-smart food and beverage market emerges and consumers show a willingness to pay a premium for products touted as climate-friendly, the US Department of Agriculture is taking steps to standardize marketing claims and ensure an even playing...
PepsiCo Frito-Lay has lost its exclusive rights to a unique variety of potato after Indian authorities ruled the American snacks giant cannot claim a patent over its seed.
Despite calls from government officials to reconsider, Kellogg’s is following through with its plans to slash its workforce at the Mariemont plant by year’s end.
Grupo Bimbo, owner of well-known bakery brands including Sara Lee and Thomas English Muffins, is leading a Series A funding round for Ecuador-based LiveKuna, an emerging brand of superfood snacks, cereals, pastas, and alternative baking flours.
Tyson Foods said it will give approximately $50m in year-end bonuses to frontline and hourly team members for their ongoing efforts over the past year.
While some recent foodtech innovations could be described as solutions in search of a problem, ‘animal-free’ dairy products featuring real whey and casein made without cows, give consumers – most of whom are unwilling to compromise at all, especially...
Animal protein producers are making some strides in managing environmental, social, and governance (ESG) risks, but the vast majority are still falling short on fundamental practices including measuring methane gas emissions, according to the Coller FAIRR...
Comments submitted to USDA over how best to label meat and poultry made from animal cells grown outside of animals reflect the challenge facing US regulators as they seek to nail down nomenclature in this nascent market as startups in the space edge closer...
One of the longest – and most contentious – strikes in the food industry this year may come to an end early next week after Kellogg Co. earlier this week offered protesting union workers at four of its US cereal facilities higher wages, enhanced benefits,...
Fruit, botanical, and fresh flavors will drive new product innovation in 2022 as consumers continue to seek out immune-boosting food and beverages, predicts Beck Flavors.
If Walmart’s decision to gain market share by holding down prices despite rising costs due to inflation set off any alarm bells for investors, the retailer’s strategic investments in operational improvements could help sooth any fears about margin pressures....
General Mills has completed the sale of its 51% controlling interest in its Yoplait S.A.S European operations to French dairy cooperative Sodiaal in exchange for full ownership of the Canadian Yoplait business and a reduced royalty rate for use of the...
For the three-quarters of dairy milk drinkers who are actively reducing sugar in their diets, the three teaspoons that naturally occur in a serving of the beverage no longer need to be a stumbling block to their goals, says Maple Hill Creamery.
The fast-growing Australian children’s food and formula brand Bubs is bringing two of its clean-label toddler formulas to the US at a time when fears about heavy metals in baby food are pushing some consumers to reevaluate their loyalty to established...
Hooray Foods – which is hoping to make a splash in the plant-based meat category with allergy-friendly vegan bacon (no soy or wheat) – has raised $2.7m in a seed extension round backed by investors including former Dunkin' CEO David Hoffmann, Lyra...
Short of a Christmas miracle, ongoing port delays and other supply chain disruptions alongside rising inflation and labor challenges will continue long into the New Year – not only threatening holiday sales and deliveries in the short term, but also consumer...
The Federal Trade Commission (FTC) is ordering nine CPG suppliers, retailers and wholesalers to share proprietary data about how they source, transport and distribute products as part of an investigation opened yesterday into the ongoing supply chain...
When Hain Celestial acquired Boulder-based organic and gluten-free baking co Rudi’s in 2014, its 2013 revenues were reported as $60m. Six years later, after Hain sold the business to private equity backed* Irish baker Promise Gluten Free in May 2020,...
Meat major JBS has said that it expects to bring cultivated meat to the European market by 2024 after acquiring control of Spanish start-up BioTech Foods,
Brewers’ spent grain may offer a novel source of prebiotics, according to a new study from Anheuser-Busch InBev that found arabinoxylan from the waste may boost bifidobacterial levels in the human gut.
For most Americans, coffee is an integral part of their daily ritual that is so ingrained that not even the chaos of the pandemic could break them of their habit, but according to the National Coffee Association, it did change how and where many reached...
Eclipse Foods – a plant-based brand on a mission to replicate the taste and functionality of conventional dairy rather than building a brand around ‘hero’ ingredients such as oat, almond or coconut – says early data from Whole Foods suggests its strategy...
No longer solely confined to higher-income households, General Mills is seeing mass consumer uptake of its Natural & Organic portfolio as the company works to make its brands more accessible to as many consumers as possible.
As grocery chains step up their sustainability efforts, Do Good Foods is providing a solution for supermarkets to offload some of their food surplus by taking perishable foods headed to landfill (vegetables, fruit, meat, bakery items) and upcycling the...
Retail ice cream sales surged in the early weeks of the pandemic as consumers turned to comfort foods during the lockdown, but the runaway success story in the category has been frozen novelties, which have emerged as a go-to portion-controlled snack...
In the ten years since HelloFresh launched and helped pioneer the meal kit category, the company has evolved to offer consumers more of what they want – convenience, diversity and sustainability – and in doing so is capturing larger orders and a greater...
The risks JM Smucker took as one of the first CPG companies to announce sweeping price increases in the face of inflation earlier this year are paying off as the company’s sales grew high single digits with “every business outperforming our expectations”...
Weighing unpredictable inflationary prices, a prioritization of wellbeing along with an enduring pandemic, consumers are self-editing their grocery baskets and carts by asking themselves one fundamental question -- "Do I need this?" -- when...
