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...
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...
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.
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.
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...
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.
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.
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...
Nourish Ingredients – one of a new breed of startups deploying synthetic biology to program microbes to produce more animal-like fats - has raised $28.6m in a series A round led by Horizons Ventures and supported by Main Sequence Ventures and Hostplus...
Sustainability may be a rising priority influencing consumer purchases, but optimistic projections that 2022 would be the year of the ‘climatarian’ appear to be a bit premature – giving brands and retailers more time to improve and finetune their positioning...
Supermarket giant Kroger is merging with Albertsons Companies Inc. (Safeway, Vons, Jewel-Osco), bolstering its position as the second largest food retailer in the US with an estimated 11.8% market share behind Walmart at 17.1%.
After filing for protection under the Chapter 11 Bankruptcy Code earlier this week, Vital Pharmaceuticals, Inc (VPX Sports), the parent company of Bang Energy, has a challenging road ahead. But its most recent financial misfortune isn't the final...
Former executive chairman Seth Goldman, CEO Ethan Brown, Mattson CEO Justin Shimek and a cluster of senior Beyond Meat executives, past and present, are listed among 64 potential witnesses in the plant-based meat co’s trial with former co-packer Don Lee...
Revival Einkorn – a new organic consumer brand dedicated to einkorn, a protein-packed ancient wheat variety with a gluten profile billed as ‘easier on the gut’ than modern wheat – is making its debut direct to consumer and in the pasta aisle at natural...
Multiple rounds of pricing actions taken by Conagra over the past several quarters have not deterred consumers from buying the company's products, as it reports "limited" elasticities across its portfolio.
While plant-based is still one of the hottest trends in food and beverage, sales and consumer engagement with alternative proteins have slid in recent quarters – prompting some players in the space to rethink their strategy.
In a restructuring announced days after meat giant JBS revealed plans to close its Planterra Foods plant-based meat division, impacting 121 jobs, Impossible Foods is eliminating approximately 6% of roles at the company (under 50 staff) in a move it claims...
Frozen Greek yogurt brand Yasso has surpassed $200m in retail sales this year, but the real growth is just on the horizon as it embraces its national brand status becoming the #4 frozen novelty at retail and #1 fastest-growing brand across the total...
As the brand name suggests, none too subtly, SlimFast is a brand you tend to think of when you want to lose weight, fast. But in a food culture where ‘wellness’ is in, ‘dieting’ is out, and even the word ‘slimming’ can make you sound like an ‘80s throwback,...
Allergy-friendly (free of the top nine allergens) cookie and baking mix brand Partake Foods has raised $11.5m in Series B funding to scale its business and social impact to reach more diverse consumer audiences.
The western diet – and the food system that underpins it – is becoming increasingly unsustainable, for the health of humans and the planet. So how do we futureproof the food system to deliver healthier, more sustainable products that nourish our bodies...
Record-high levels of food inflation are impacting different segments of the population differently, with those over the age of 50 who rate their physical or mental health as 'fair' or 'poor' struggling the most, a recent poll conducted...
Equii (formerly Cella Farms) - a startup founded by two food industry veterans using fermentation to create lower carb, high-protein grain flours - has raised $6M in seed funding in a round* led by Khosla Ventures as it gears up to launch its first product:...
Plant-powered culinary brand Wicked Kitchen has raised $20m in bridge funding from backers including actor and vegan activist Woody Harrelson, Ahimsa VC, and NRPT (Thailand's leading food producer and innovator).
Year-over-year online grocery sales slipped slightly in August 2022 vs. August 2021, but research from Brick Meets Click/Mercatus shows a dramatic increase in online grocery shopping behavior over the past three years.
By using a patent-pending algorithm to pair and assess physiological responses to stress and diet tracked by smart watches with psychological data gathered through an online quiz, food-tech start-up myAir has found a way to overcome one of the biggest...
Santiago-based NotCo - which claims to offer superior products in the alt meat set through the use of an artificial intelligence platform called ‘Giuseppe’ - is gearing up to enter the increasingly crowded US plant-based chicken category with NotChicken,...
Functional beverage brand Recess (tagline: ‘We canned a feeling’) has picked up a flurry of new accounts for its magnesium- and adaptogen-infused Recess Mood sparkling beverage line, and predicts it will increase distribution from 4,000 to 8,000 stores...
As consumers navigate rising inflation, out-of-stocks due to lingering supply chain and labor challenges and contemplate the potential impact of their purchases on the environment and workers, they are more willing to push aside old loyalties and try...
Days after suspending COO Doug Ramsey following an alleged assault, Beyond Meat says chief supply chain officer Bernie Adcock – who joined the beleaguered plant-based meat co with Ramsey in December 2021 from Tyson Foods – has informed bosses of his plans...
After years of a slow build, Dewey's Bakery is entering national retail accounts where it can reach consumers in search of permissibly indulgent snacks with its line of thin crispy cookies that deliver on taste without breaking the caloric bank.
The US coffee market is now entering its fourth wave driven by Gen Z's 'easy-going' approach to coffee and surging demand for at-home specialty coffee drinks, according to Mintel.
A value-added success story in a category that has been in steady decline for years, ultra-filtered milk category pioneer fairlife - which became a billion-dollar retail brand in 2021 - is now reaching a quarter of US households, says the Coca-Cola-backed...
General Mills is gaining market share and driving higher sales despite ongoing supply chain challenges and price hikes thanks in part to strategic investments in brand building and digital consumer engagement, including through a new rewards program,...
Perfect Day – which pioneered the production of ‘animal-free’ dairy proteins using microbes instead of cows – has announced a new brand identity for its enterprise biology business, nth Bio, and unveiled its first publicly-announced partner: Finnish startup...
The “extreme obstacles” that food retailers have navigated the last few years will likely become “even more complex” in the coming year as unpredictable inflationary pressures, ongoing supply chain and labor challenges along with global unrest continue...
It’s been a “rollercoaster year” for meat alternatives, acknowledges Quorn Foods USA president Judd Zusel. But flagging sales in some parts of the market do not mean we should throw the baby out with the bathwater.
Barely registering in the US plant-based milk category five years ago, oatmilk now occupies the #2 spot in the retail market behind almondmilk in a subsegment with offerings from deep-pocked multinational beverage and dairy companies to pure-play plant-based...
The FDA’s stance that CBD is not legal as a dietary ingredient as it was first investigated as a drug has not hindered consumer interest in CBD-infused food and beverage products, claims Matt Oscamou, co-founder of CBD sparkling water brand Weller, which...
Precision nutrition: What is it? And could it be a gamechanger that could move the needle on public health, or is this just about pricy biomarker testing kits and apps enabling a small group of affluent and highly engaged consumers get even more granular...
Where’s the smart money in food tech? Tackling food waste? Precision nutrition? Cell-cultured meat? And where can investors have the biggest impact on human and planetary health… and make a return? FoodNavigator-USA caught up with Nadav Berger and Yoni...
Rising food prices may have slowed slightly in August, but the year-over-year increase continued to rise higher into the double digits than it has in more than 40 years, according to new data from the Department of Labor.
New York-based indoor farming firm Gotham Greens has raised $310m in a series E round* bringing its cumulative funding to $440m since 2009. While the sums are pretty jaw-dropping, the hydroponics firm has demonstrated it can make money and deploy its...
