Campbell Soup Co has unveiled plans to close its snacks division offices in Charlotte, NC, and Norwalk, CT and consolidate operations at its HQ in Camden, NJ, which will benefit from $50m of investment over the next three years.
A study has claimed to show that modern ‘green’ products recycled from human excreta are excellent – and importantly, safe – fertilizers to use on food crops.
Singapore Food Agency (SFA) has granted a world-first regulatory approval to GOOD Meat for the use of serum-free media in the production of cultivated meat.
After leading Filippo Berio to become the No. 1 brand for olive oil, pesto and vinegar in more than 20 countries across Central and Eastern Europe and in Russia, Dusan Kaljevic hopes to work his magic again in the US where this month he assumed the position...
The maker of mycoprotein-based seafood alternatives has begun buildout of a new facility in the US, from where it will produce products for the European market.
Global food giants are being urged to follow suit after Danone was applauded for announcing it is the first food company to set a methane reduction target and align with the ambition of the Global Methane Pledge launched at COP26.
While egg prices were up a staggering 59.9%* year-on-year in December 2022 thanks to rising costs compounded by avian flu, refrigerated liquid plant-based alternatives have come down in price, with unit sales (+14.2%) outpacing dollar sales (+8.4% to...
Dollar sales of foods and beverages in IRI-measured multi-outlet stores in the US rose 8.7% to $753bn in 2022 vs 2021, driven by double-digit inflation, while unit sales dropped -3.3%, although units are still above pre-pandemic levels, according to IRI...
Over the next three years, Unilever plans to expand its lead in ice cream sales by offering more premium products, expanding in emerging markets and leveraging digitization to boost sales online and out of home, a top executive recently revealed.
ProVeg UK claims the British Government is preparing to ban plant-based products from using dairy descriptor names such as ‘m*lk’ and ‘b*tter’, plans that it has branded ‘outrageous and unnecessary’.
The idea of food as medicine is as old as food itself, but only recently has the mainstream US health care system begun to take notice, and action, as community-directed efforts to prevent, manage and treat diet-related illnesses through nutrition education...
Many packaged food and beverage manufacturers that have trimmed serving sizes without lowering cost in recent years to mitigate inflation have tried to do so in stealth mode for fear of losing value-seeking shoppers, but new research suggests if they...
Multus Biotechnology’s ‘first-of-its kind’ facility will open its doors before the end of the year. We catch up with co-founder and CEO Cai Linton to ask: Why should industry outsource growth media, rather than develop it in-house?
Two Good – a low-sugar Greek yogurt with 2g sugar per cup launched by Danone in early 2019 - has been a leading contributor to dollar growth in the total yogurt category over the past three years, while a zero-sugar version of Light & Fit has also...
Unilever is steadily gaining market share, boosting sales in fast-growing categories, lowering the cost of experimentation and improving its consumer engagement by doing more with less, CEO Alan Jope touted during the company’s investor day last month....
While economists and investors celebrate a slowdown in overall inflation in the US, including for food at home, the price of some grocery staples continues to rise – most notably that for eggs, which increased a staggering 11.1% in December over November,...
Heyday Canning Co – a startup on a mission to disrupt the ‘tired’ canned food aisle – has secured authorizations at Whole Foods nationwide, a couple of months after debuting at Sprouts stores nationwide.
Canadian meat alternative producer No Meat Factory has closed a $42m series B round as it gears up to open a second factory, and says it is seeing significant demand for high-quality capacity, despite the recent slowdown in sales at US retail.
Despite concerns that high energy prices, supply chain and labor challenges, and geo-political strife will continue at least through the end of the year if not longer, many CPG executives remain optimistic about their companies’ performance, according...
Procurement intelligence and analytics provider Beroe predicts that corn prices will remain high due to supply chain disruptions and increasing production costs.
Label language must be considered in totality when asking if products are being inappropriately marketed to children, according to the Natural Products Association. NPA made this point in responding to a challenge from the watchdog group Truth in Advertising...
United Natural Foods Inc. plans to remain on the sidelines rather than enter a bidding war against existing clients if and when anti-trust concerns force Kroger and Albertsons to divest retail locations as part of their proposed $24.6bn merger expected...
The initiative provides grants and technical assistance to dairy businesses that focus on niché dairy products as well as packaging and processing innovation.
Working from a foundational belief that the era of ‘disruption’ is dead, an industry veteran wants to usher in a new age in which start-ups focus on “adding to everything” with the launch of The Ryl Company and a line of ready-to-drink tea that offers...
Bay area-based cultivated meat startup New Age Eats (formerly New Age Meats) is letting go of an almost-complete pilot facility in Alameda where it had planned to showcase its tech to produce cell-cultured pork.
Echoing a move he made while at Chobani when he took charge of a new ‘demand’ department, Impossible Foods president and CEO Peter McGuiness has hired CPG industry veteran Sherene Jagla as its first chief demand officer as part of a plan to integrate...
While consumer spending remained strong through the holidays despite rising prices, the new year may bring a new level of financial scrutiny as more Americans consider budget limitations and what is essential – altering when, how and where they shop and...
Like most grocery categories, sales of snack and bakery products are up over the last year in line with inflation, but units are down slightly across omni channel and brick and mortar as consumers look to hold their grocery budgets in check in the face...
Vertical farming company Square Roots has tripled its growing capacity in 2022 and attributes that growth to its scalable smart-farm technology platform and demand for locally-grown food.
Massachusetts-based startup Superfrau is targeting the emerging functional soda category with a vitamin and mineral packed sparkling beverage made from one core ingredient: upcycled liquid whey from Greek yogurt production.
The number of medicinal and aromatic plant (MAP) species in cultivation is dramatically higher than previously thought, according to a new global estimate, but not because they are all facing extinction in the wild.
Within the $1.7 trillion spending bill signed by President Joe Biden late last week is a substantial increase in funding to boost food safety activities and “infrastructure investments” at FDA, including directions to “strongly consider” the Reagan-Udall...
Anti-hunger advocates are lauding Congress for setting aside $40m in the 2023 omnibus spending bill to improve children’s access to healthy food in summer when many schools and their cafeterias are closed, placing young people who rely on free and reduced-price...
The dietary supplement industry dodged another regulatory bullet when New York Gov. Kathy Hochul vetoed a bill that would have restricted the sales of some weight management and muscle building products in the state.
As part of a pivot to a more asset-light supply chain strategy, Oatly has struck a deal with Toronto-based Ya YA Foods to co-manufacture Oatly products in Utah and Texas in a bid to reduce capex and improve cash flow.
While economists predict inflation will ease slightly in the coming quarters, this year could easily become a “groundhog day version of 2022” if the weather takes a turn for the worse and triggers a domino effect that strains transportation, commodity...
While almond milk and oat milk dominate the plant-based milk category in the US, Hope & Sesame sesame milk – which has a creamy texture and comparable protein levels to dairy milk (with the addition of some pea protein) – is gaining traction, generating...
Agribusiness giant Bunge has announced it will invest approximately $550 million to build a new soy protein concentrate (SPC) and textured soy protein concentrate (TSPC) facility to meet rising customer demand for plant-based ingredients.
Soup season is in full swing as temperatures across the country drop and cold and flu cases rise. But staying warm and reinforcing their reserves when sick aren’t the only reasons sales of soup are up significantly this year over last, according to new...
Persistent price inflation weighed on the online grocery business in November, driving a 10% drop in online grocery sales to $7.7bn compared with the year prior, according to a survey from Brick Meets Click/Mercatus.
With surging inflation and continuing supply chain disruptions, 2022 has been another challenging year for the nation’s food and beverage manufacturers. Here are some of the highlights (and a few low lights) and a look ahead to 2023.
No longer a lumbering giant when it comes to R&D, Nestlé significantly increased its number of new product launches and number of patents in priority areas by simplifying its innovation process, fostering an entrepreneurial culture and collaborating...
While the plant-based meat category has experienced a recent slowdown in growth, demand for plant-based versions of traditional comfort foods is increasing, says cauliflower crust pizza pioneer CAULIPOWER, which has thus far weathered the inflationary...
Even though consumers increasingly are looking for ways to lower their grocery bill as the economy continues to tighten, research from Glanbia Nutritionals suggests many are unwilling to cut corners when it comes to their health – potentially giving better-for-you...
