According to new research out of Scandinavia, vertical farming has a ‘mixed sustainability performance’, often requiring more energy than field agriculture. Given the dramatic rise in energy costs, how can the sector survive?
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...
Ingredion has completed one-third of its planned $160m capital investment into expanding capacity for its clean label specialty starches to improve its operational flexibility amid ongoing supply chain disruptions.
As Bang Energy battles its way through costly bankruptcy proceedings, Monster Energy saw its share and sales increase as consumers embrace its portfolio of energy drink brands.
While consumer spending on groceries has yet to dramatically slow in the face of rising prices to offset inflation, some CPG companies – including Hershey – are bracing for an eventual pushback, even as they continue to pass additional costs through to...
Despite efforts to brand fruit ‘as nature’s candy,’ celebrity endorsements by the likes of Jessica Alba designed to make vegetables ‘sexy,’ and many retailers selling fresh produce at a loss to improve access and drive foot traffic – the vast majority...
William Reed – the publisher of award-winning B2B brands including FoodNavigator and NutraIngredients - has acquired a majority stake in agri-food summit organizer Rethink Events.
A Washington state court has granted a temporary restraining order to block dividend payments to Albertsons investors related to the $24.6bn merger with Kroger announced in October 2022.
Ingredient Communications’ 2022 price sensitivity survey reveals the severity that consumers are going to cope with the rising costs of living, with the majority switching to cheaper brands and retailer’s own labels, or even stopping the purchase of their...
Two US-based precision fermentation startups making real dairy ingredients using microbes instead of cows have announced significant developments as they gear up to launch next year in the emerging ‘animal-free dairy’ category.
Kellogg’s plant-based business “remains in good condition with excellent prospects” despite plummeting sales and ongoing supply chain struggles that represent the only “softness” in the company’s otherwise strong third-quarter earnings report released...
While consumers are tightening their purse strings and cutting down on many discretionary purchases, snacking is one area many are not, according to Mondelēz International, which continues to see consumers opt for name brands over private label and value-priced...
At a time when American voters seem more divided than ever on key political issues, they are coming together around the need for a simpler, more effective recycling system to reduce their environmental footprint – a sentiment that supports regulatory...
Food tech startup Better Juice has opened its first full-scale manufacturing plant to enable commercial production of its patented sugar reduction technology, which can reduce sugar content in juice products by 30-80%.
Contrary to the growing chorus of critics pigeonholing ultra-processed packaged food as innately unhealthy for people and the planet, a group of food system and nutrition experts gathered by Clif Bar & Co. argue some could play a “crucial” role in...
By 2025, Nestlé expects to be a few percentage points off its goal of achieving 100% packaging designed for recycling. Jodie Roussell, Public Affairs Lead, Packaging & Sustainability, explains what’s gone right, and where its focus now lies.
Chilled drinkable soup had a moment five to six years ago with a flurry of brands entering the niche segment attracting excited investors who backed brands positioning themselves as a fresh meal on the go that consumers could drink like a juice. But what’s...
For the second time in recent years network marketing giant Herbalife has made an abrupt management switch, with board chairman Michael Johnson stepping in as interim CEO. The move coincided with a disappointing sales report that saw the company’s share...
While sales of plant-based products across the board continue to slide, consumer data from Evergi shows at least one segment is bucking the trend – frozen meals and bowls – an area into which the fast-growing vegan brand Strong Roots is eagerly expanding...
A tsunami of lawsuits was filed vs food manufacturers last year following a Congressional report alleging ‘dangerous’ levels of heavy metals in leading baby food brands. So how have judges determined if these complaints have legs, and whether the FDA,...
Luiz Inácio Lula da Silva’s presidential election win in Brazil will make it easier for food and beverage companies to comply with their zero-deforestation commitments, it has been claimed.
San Diego-based cell-cultured seafood company BlueNalu has set up a scientific advisory board bringing together experts in consumer research, sensory science, product development, bio-engineering, and systems biology to accelerate its commercialization...
While the industry waits to see if the $24.6bn mega merger of Kroger and Albertsons will hold up against scrutiny from regulators, brands and suppliers are also standing by to see what the consolidation of the second-largest and fourth-largest US supermarket...
Sustainability has rapidly evolved from a check box exercise for many food companies to something that impacts decision making throughout the supply chain. But how are firms measuring sustainability, how reliable is industry data in this respect, and...
Suja Life's recent acquisition of cold-pressed juices shots brand Vive Organic brings together the No. 1 and No. 2 brands in the category to accelerate and scale the still-niche wellness shots segment.
Beverage giants champion the circular model of recycling plastic bottles and using recycled content in new bottles as a way to reduce plastic waste and use of virgin plastic. But a new report from Greenpeace USA criticizes this model: calling for an industry-wide...
Mondelēz International is investing an additional $600m by 2030 in its cocoa sustainability program, Cocoa Life, for a total investment of $1bn since the start of the program 10 years ago.
Still battling a challenging global economic environment, Coca-Cola said it is laser-focused on delivering increased value to its consumers by introducing products at more affordable price points, said chairman and CEO James Quincey on the company's...
As regular readers of FoodNavigator-USA have likely noticed, we're making changes to the way our readers access some of our news content. After reading two articles, all users will be asked to register with the site for free to keep track of important...
The 45 startups selected to participate in the FoodBytes! By Rabobank food and ag innovation program in 2022 provide a neat snapshot into trending topics in food and agriculture, from personalized nutrition and upcycling to robotics and farm biologics.
David Chavern – currently CEO of publishing trade association News Media Alliance - is moving into new territory in January 2023 when he will join the Consumer Brands Association (CBA) as president and CEO. He will replace Geoff Freeman, who has been...
Terviva – a California-based firm commercializing ingredients from low-input, high-yielding pongamia trees – has teamed up with food ingredient supplier Ciranda to launch the first commercial supplies of ‘Ponova’ oil by mid-2023.
Three years after its “no deal” television appearance on Shark Tank, Slate Milk has raised over $5m in seed money and continues to expand its shelf-stable ultra-filtered, high-protein, lactose-free chocolate milk footprint.
Beyond Meat is rolling out its latest innovation - Beyond Steak - at Kroger and Walmart stores nationwide, as well as at select Albertsons and Ahold divisions and other retailers across the country.
Indoor farming company Local Bounti has secured a $23.3m private investment in public equity (PIPE) investment to scale up its proprietary Stack & Flow Technology, which the company argues leads to improved superior unit economics.
SPINS data shared with FoodNavigator-USA ahead of our Futureproofing the Food System virtual summit (Nov 15-17) shows a mixed picture for US retail sales of plant-based cheese, with overall dollar sales down -2.3% to $218.94m and unit sales down -3.6%...
Between the supply chain challenges and product shortages that marked the beginning of the pandemic and rising food prices due to inflation continuing to push some products out of consumers’ financial reach, many Americans are being forced to try new...
Researchers are calling on clinicians and the healthcare system to screen for food insecurity and better promote food access programs after discovering that Americans with limited or uncertain access to adequate food is on the rise and they are more likely...
The long-term imperative behind reducing our reliance on animal agriculture seems fairly compelling: The planet can’t sustain it. But with less engaged consumers dipping in and then out of the meat alternatives category as budgets tighten, and a subsegment...
The Tufts University Center for Cellular Agriculture (TUCCA) has launched a new consortium of industry and nonprofit members to support research and development in the burgeoning field of cellular agriculture.
Nestlé is continuing to fine tune its portfolio through ongoing SKU rationalization paired with an increased focus on high-growth segments of coffee and its Nestlé Health Sciences division with plans to introduce additional pricing actions to keep up...
To keep pantries stocked and food on the table – especially during the upcoming holidays – more Americans are cutting back on spending in other areas and modifying how they buy groceries as well as the types and amount of products they place in their...
Starbucks plans to sell the Seattle’s Best Coffee brand to Nestlé to allow both companies to focus on their core strengths within their respective coffee portfolios.
While US retail sales of fluid milk have been stubbornly declining despite a brief covid-fueled boost in 2020, we’re still just scratching the surface of the grass-fed dairy opportunity, says Jim Hau, the new president at 100% grass-fed organic dairy...
The 100+ Accelerator wants to help sustainably-focused start-ups make a real difference in the supply chain. Representatives from AB InBev and Coca-Cola explain how in this Rabobank Liquid Assets Podcast.
From avocado oil “going mainstream” in packaged foods, to date sweeteners and Yaupon tea, Whole Foods has just unveiled its annual list of 10 trends to watch in the year ahead.