Once a brand focused solely on meat snacks, The New Primal has extended into a number of adjacent categories in the past three years including sauces and marinades, condiments, salad dressings, and dry seasonings, making it a bonafide platform brand,...
Albertsons is willing to entertain a second round of price increases “where warranted and legitimate” as several CPG brands continue to struggle with mounting inflationary pressures that have exceeded their expectations and outstripped any cushion introduced...
Santiago, Chile and Paris-based AI-driven startup Protera is one step closer to commercializing a portfolio of clean-label proteins that can replace chemical preservatives to extend food shelf-life, safely turn unsaturated fats into saturated fats, enhance...
A vast majority (95%) of consumers surveyed report that their whole grains consumption has either increased or held steady compared to five years ago despite increasing popularity of low- and no-carb diets, finds the Oldways Whole Grains Council.
From immunity- and metabolism-boosting kefir to a sugar-free lassi that supports mental clarity to trendy boba lattes optimized for performance and recovery, the 12 semi-finalists in the Real California Milk Excelerator are reinforcing the old adage “milk...
Mondelez International raised its full-year organic revenue guidance to 4% from 3% on Tuesday after net revenues climbed 12.4% to $6.64bn in the second quarter thanks in part to increased mobility buoying categories hit hard by the pandemic and ongoing...
Fine chemicals co DIC has teamed up with San Diego-based startup Debut Biotech to develop color ingredients via a novel ‘cell-free’ biomanufacturing platform, which it claims could enable the biosynthesis of colors that are “hard to find or even inaccessible...
It has become “increasingly common in virtually all industries for short seller firms to target a company with accusations that drive down its stock price, which is then followed by a shareholder plaintiff firm pouncing on the stock drop with a class...
Redefine Meat, which makes plant-based meat alternatives using 3D printing and is preparing to launch in Europe after announcing a $29m fundraise at the start of the year, says the ‘huge strides’ achieved in its technology have allowed it to launch five...
Fresh off of closing its $18m Series D funding round, California-based Urban Remedy will use the funds to ramp up marketing, innovation, technology, and new team hires to reach more consumers with its ultra-fresh, nutrient-dense meals, bars, and juices....
Meal kit company HelloFresh is one step closer to becoming a one-stop-shop with the launch of its online store, HelloFresh Market, offering consumers everyday food essentials from snacks to spice blends.
A brand described as “only slightly more appealing than an IV bag” by one uncharitable observer when it first gained a cult following among Silicon Valley programmers as a powdered meal replacement, Soylent has steadily evolved its format, product line...
US retail sales of packaged tea have been sluggish in recent years, with Nielsen data* showing a flat market until 2020, when covid prompted a 16.8% surge, before everything slowed back down again. Celestial Seasonings, however, has maintained double-digit...
The nascent allergen introduction category is gaining credibility, visibility and reach with retailer Target creating in select stores a dedicated section of products that help caregivers conveniently and safely follow clinical guidelines to introduce...
If you look at the ingredients lists of most plant-based burgers, they’re not wildly different – a combination of extruded plant proteins, hard and liquid fats, natural flavors, yeast, methylcellulose, starch, seasonings and perhaps added vitamins and...
Agtech company AppHarvest has secured a $91m financing arrangement with sustainably-focused investment firm Equilibrium Capital to fuel the future construction of 12 high-tech indoor farms by 2025.
While the alternative protein category is far from saturated and there is plenty of runway for innovation, investors predict a shaking out of players is on the horizon, and they say the companies that remain in the game will be those that move beyond...
Consumers who turned to functional foods and beverages to help reduce anxiety, improve their sleep and lift their spirits during lockdowns are likely to continue their new habits and rituals as they navigate an uncertain return to offices, travel and...
Santiago-based food tech company NotCo has raised $235m in a Series D round led by Tiger Global and supported by DFJ Growth Fund, ZOMA Lab, athletes Lewis Hamilton and Roger Federer, and musician and DJ Questlove, taking its cumulative funding to $350m...
As many food and beverage companies face the pressure of increased costs to manufacture and transport their products, consumers have also reported feeling the impact inflation is having on their grocery bills.
The pandemic prompted the first positive growth in US retail volumes of fluid dairy milk for years (+2.1% in 2020). However, a corresponding drop in away-from-home consumption meant overall volumes were flat (-0.1%) in 2020 and are predicted to drop -4.5%...
Kentucky-based, tech-powered indoor farming company, AppHarvest, is bringing in tech industry veteran Mark Keller as SVP of its software applications platform.
Sourdough bread and stretchy pants may have been all the rage during the early days of the pandemic, but as vaccines become more prevalent and US consumers begin to reemerge from lockdowns, they increasing are turning to keto-bread and other low-carb...
Should the food industry always yield to consumer demands, especially when those demands can be conflicting and at odds with other values, such as sustainability and environmental impact?
Consumers’ intense focus on healthy eating and immunity-boosting foods is beginning to wane as more people become vaccinated, creating space for more indulgence and a back-to-basics approach to food, according to Mintel data.
While a recent probe into Oatly’s accounting practices and a flood of tech money going into food has raised questions about valuations in the space, zero-sugar soda brand Zevia has a solid track record of growth, a clear consumer proposition (great taste,...
Shares in stevia-sweetened zero-calorie beverage brand Zevia – which first hit the market in 2007 – started trading on the New York Stock Exchange this morning (ticker symbol ZVIA).
Entering into the second half of 2021, Unilever said it will accelerate pricing across its product portfolio to offset the rising costs of transportation and commodities such as soybean oil.
Wander around leading UK food retailers and you’ll see aisles of fresh prepared meals, soups, salads and desserts, dominated by private label. So, will the US market move in the same direction?
Plant-based brand Crafty Counter, best-known for its frozen lentil- and bean-based bites – has developed what it claims is an industry first: ready-to-eat plant-based boiled eggs, which it hopes to launch late this year or early next year.
Frustrated by the current “wild west” that the CBD market has become, the Consumer Brands Association is calling on FDA to establish and enforce a federal regulatory framework for CBD products and is throwing its support behind Democratic Oregon Sen....
The Coca-Cola Co. plans to build on the strong momentum in its second quarter that allowed it to raise its full-year guidance by intensifying the amount and efficacy of promotions going forward and continuing to innovate with a ‘disciplined approach to...
Target Corp. has selected 11 food and beverage brands to take part in Target Takeoff, the retailer's product-focused accelerator program, now in its fifth year.
While a recent Congressional Subcommittee report alleging “dangerous” levels of heavy metals in leading baby food brands “brought the issue of toxic contaminants to the fore,” it also “shocked and confused parents of young children,” said a senior FDA...
Research published in the scientific journal Environmental Science & Technology claims to provide an enlightening but worrying insight into the world of chemicals that are intentionally added to plastics.
More than two and a half years after teasing the launch of Nitro Pepsi – a cola carbonated with nitrogen instead of carbon dioxide creating a velvety, smooth texture – PepsiCo says it is putting “the finishing touches on our roll out plans.”
After growing steadily across channels on and offline, better-for-you snack brand Quinn is poised to enter its “next phase of growth” with $10m in series B funding announced today that will support upcoming new product launches, expanded distribution...
Growing biltong brand Stryve, which also owns Kalahari Snacks, making it the #1 air-dried meat snack brand in the US, has completed a business combination with Andina Acquisition Corp III, a publicly-traded special purpose acquisition company (SPAC).
New York-based direct to consumer brand Little Spoon – which delivers chilled fresh food for babies, toddlers and young children to homes across the continental US - has raised $44m in a Series B round led by Valor Equity Partners, with participation...
In the days and months immediately following the declaration of the coronavirus pandemic, consumer interest in immunity boosting foods and beverages tripled and brands moved fast to launch products to meet this heightened demand – but as vaccines become...
With an infusion of $10m in series A funds announced today the biotech and data science company Aromyx soon will be able to help more food and beverage brands quickly measure consumer perceptions more accurately than traditional taste test panels, which...
Nature’s Fynd - a Chicago-based startup growing protein-packed food from microbes with a fraction of the environmental footprint of meat or dairy – has raised $350m in a Series C round (taking its total financing to >$500m) as it gears up to launch...
Sensient Technologies has acquired the assets of New Jersey-based Flavor Solutions, a custom product and flavor development company serving the food, beverage, and nutraceutical industries. Terms of the deal were not disclosed.
While many consumers have incorporated some form of e-commerce into their grocery shopping routines, an increasing number are indicating their preference for their pre-pandemic in-store shopping trips, according to survey results from The Feedback Group.
Swedish keto-friendly brand Nick’s – which entered the US in late 2019 with low carb light ice cream pints – is on course to triple its US sales in 2021 (vs 2020) with continued growth in bricks & mortar retail, sharp growth in its fledgling direct...
Live-stream shopping is emerging as a new frontier for food and beverage brands as homebound consumers during the pandemic looked for safe ways to discover products and stock their pantries and brands seek novel ways to tell their stories and drive trial...
