The great SKU rationalization last Spring caused by pandemic-related supply chain constraints and consumer stockpiling not only forced CPG companies to pause production temporarily of some products, but it prompted many to reevaluate their product mix...
At the Consumer Analyst Group of New York 2021 conference yesterday, General Mills unveiled a four-prong strategy to “accelerate” its net organic sales growth 2-3%, expand mid-single-digit margins and deliver mid- to high-single-digit constant currency...
Rule Breaker Snacks, an allergy-friendly snack brand featuring chickpeas as its star ingredient, has secured a minority investment from Bimbo Ventures, the venture capital arm of global baking company Grupo Bimbo.
Whether or not you believe in climate change or the food industry’s contribution to the greenhouse gasses wrapping the earth and changing weather patterns, plenty of consumers do, and they increasingly are buying products based on their environmental...
Kellogg Co missed analysts' sales forecast for its fourth quarter of 2020, during which it faced pandemic-related headwinds, including unexpected supply constraints of multiple marque brands and the continued slowdown of at-home purchases as some...
As coronavirus continues to thwart businesses' best-laid plans, New Hope has decided to take Expo West – its annual trade show in Anaheim, California – virtual this spring, in the wake of “government restrictions, anticipated timelines around re-opening...
San Jose-based Knowde – a b2b online marketplace for chemicals, ingredients and polymers - is moving into the food and nutrition industry, enabling R&D and procurement professionals to research and compare products, connect with suppliers, request...
Consumer goods giant Unilever set out its stall for future growth last week when the company delivered a ‘strategy refresh’ alongside its full-year results. The outcome? An increased focus on ‘high growth segments’ including functional nutrition and plant-based...
Even though the coronavirus vaccine is slowly, albeit a bit unsteadily, rolling out, a recently published survey of dietitians predicts Americans in 2021 will continue to seek protection from COVID-19 and its rapidly spreading variants from food and beverages...
Despite spirulina's “superfood” status, its popularity has been dampened by its dark green color, reputation for tasting like the sea and sometimes overwhelming bioavailability, but the co-founders of SNACK Brand Inc. hope to introduce to modern...
Kraft Heinz is in talks to sell its Planters snack nuts business to Hormel Foods, The Wall Street Journal reported, citing people familiar with the matter, with a deal valuing the brand at around $3bn that could be announced as soon as next week.
A new business model developed by Milwaukee-based startup Agricycle that combines a vertically-integrated supply chain with a portfolio of upcycled brands is proving that with a little imagination and basic resources small growers can have an outsized...
Even through 2020 brought large CPG food and beverage companies record sales growth – often in the high double digits – over 2019 as consumers flocked to well-established, trusted brands, IRI research found smaller and extra-small consumer brands and...
Consumers continue to seek comfort from food as they navigate the rise of new coronavirus variants, but many also are bored by the same-old, same-old after nearly a year at home – creating an opportunity for products that pair bold new flavors with the...
Recognizing that breakthrough technologies that could transform the global food supply chain often originate in academia, Big Idea Ventures has launched a $125m fund to commercialize IP from some of the nation’s leading universities and fuel economic...
The Specialty Food Association (SFA) - which was forced to cancel the 2020 Summer Fancy Food Show and 2021 Winter Fancy Food Show due to the pandemic – will hold a ‘modified’ in-person trade show September 27-29 at the Javits Convention Center in New...
Quantis is launching geoFootprint, a digital tool that the company describes as the ‘first’ to use satellite technology to map the environmental impact of food production on an interactive map. The innovation holds the key to ‘smarter, science-driven...
As the pandemic expands consumers’ definition of wellness to include not just physical fitness but also emotional welfare, they increasingly are seeking snacks that balance both – opening the door for products that are nostalgic and indulgent as well...
Structured ‘super-expanding’ natural fibers that can capture fats and sugars in the stomach and prevent their absorption in the small intestine could help reduce calorie intakes and deliver digestive health benefits, claims the CEO of nutritional technology...
Despite lingering uncertainty about the pandemic’s economic impact and the stickiness of new consumer habits developed in response to COVID-19 safety measures, new research from Deloitte finds most consumer product industry executives are optimistic about...
Grocery delivery firm Imperfect Foods has raised $95m in a Series D round led by Insight Partners and Norwest Venture Partners as it transitions from a regional delivery service focused on ‘ugly’ produce, to a national full-service grocer.
President Joe Biden today is expected to take aim at the rising rate of food insecurity in the US during the ongoing pandemic by signing an executive order that will increase federal food assistance, including for those who currently receive the maximum...
Unilever is trialling its first ‘nano factory’, which operates within a 40 foot sea container to deliver flexible production lines that can be moved all over the world. “This trial is assessing a de-centralised production model,” one of the engineers...
Vancouver, Canada-based Eat Beyond Global Holdings has completed an investment in Above Food Inc.– a distributor of plant-based ingredients and finished products – adding the company to its publicly-traded portfolio of emerging alternative protein companies.
Checkout who is moving onwards and upwards in FoodNavigator-USA's latest new hires gallery, featuring high profile new hires at indoor farming startups AppHarvest and Plenty; a new management team at ZICO coconut water; and changes at Impossible...
PepsiCo has stepped up its carbon footprint targets, with the ambition to become carbon neutral by 2040. FoodNavigator speaks to European sustainability chief Chris Daly about why it is an ‘absolutely aggressive challenge’ but also a timetable that is...
Consumer and regulatory pressure is mounting once again for the CPG industry to cut back on the use of single-use plastics, Styrofoam, and other non-recyclable packaging despite a temporary reprieve during the pandemic when safety and hygiene fears outweighed...
Plant-based meat and dairy products dominate our gallery of new launches, coupled with a wave of products highlighting immunity and digestive health, and a high-profile CBD beverage launch from Molson Coors.
PepsiCo is targeting a reduction of absolute greenhouse gas (GHG) emissions across its value chain by more than 40% by 2030. It is aiming for net-zero emissions by 2040.
By Robert Guite and Abby Meyer, Sheppard, Mullin, Richter & Hampton LLP
If your company sells any vanilla-flavored food or beverage product, then you are probably aware of the innumerable class action cases that have been filed over the last 18 months attacking these products – 67 cases by our count. Here, we trace the history...
Black Lives Matter supporters may not be taking to the streets or grabbing headlines as often as they were last summer, but the social and racial injustices that drove them their persist, which is why KIND Healthy Snacks is deepening its commitment to...
Meal kits have gained fresh impetus during the coronavirus pandemic as consumers have embraced food e-commerce and looked for ways to recreate restaurant-quality meals at home. But will they retain their luster post-COVID-19, and what will distinguish...
Barley proteins and fibers could make an attractive new addition to the food formulator’s toolbox in everything from bread and pasta to plant-based milks, says EverGrain, a new company backed by Anheuser Busch InBev dedicated to upcycling brewer’s spent...
More consumers suffering from the economic fallout of the pandemic will prioritize value when grocery shopping this year – forcing brands to rethink packaging and fueling private label innovation and sales that will reshape the competitive landscape,...
Typically January is a time when many Americans pledge to lose weight by “eating clean,” cutting calories or adopting other diets, but this year far fewer are making New Year’s resolutions to change the way the eat or drink – and we may have the pandemic...
When launching a business, founders often are asked to rely on friends, family and their community for financial support and guidance until they have proof of concept – but not all networks are created equally and entrepreneurs without affluent or influential...
Purveyors of acacia gum have submitted a new petition to the FDA with additional scientific data to support their contention that it should be classified as a dietary fiber on food labels, highlighting its positive impact on glucose and insulin levels...
McCormick & Company has purchased 100% of the shares of natural flavors supplier FONA International for $710m, a deal which will accelerate McCormick’s global flavor growth and “the strategic migration” of its portfolio towards more value-added, health-focused...
Between the pandemic, wildfires, economic losses and a contentious presidential election, 2020 was a year for the books – and as tempting as it may be to turn the page with the new year and not look back, one marketing expert and applied anthropologist...
The 2020-2025 Dietary Guidelines advise Americans to watch their sugar and alcohol consumption but fall short of recommending the drastic cuts recently suggested by the Dietary Guidelines Advisory Committee (DGAC).
By the year 2030, trend forecaster Dr Morgaine Gaye predicts much will have changed in terms of how food is consumed: supermarkets will be forced to diversify, urban areas will be transformed by biodiversity legislation, and we will be on our to using...
Within the next decade, trend forecaster Dr Morgaine Gaye predicts we will have moved beyond the current protein craze, be eating food made from ‘the biggest ingredient of the future’, and variety will play a greater role in all things fruit and veg.
Indoor farming? Cell-cultured meat? The rise of DTC e-commerce? FoodNavigator-USA quizzed food & beverage business leaders to find out what trends they are monitoring, and what is keeping them awake at night as we approach 2021...
Frontline food industry workers will be among the first to be vaccinated after health care workers and those in long-term care facilities, according to federal guidance approved by the Centers for Disease Control's (CDC) Advisory Committee on Immunization...
In an open letter being sent to world governments today (21st December), 120 health, science and medical experts from the UK, US, and Europe say there is clear scientific evidence that vitamin D reduces Covid-19 infections, hospitalisations, and deaths.
Will 2021 be the year the FDA finally weighs in on CBD regulations? Will the industry be hit with a wave of liability lawsuits over COVID-19? Will we see a framework for the regulation of cell-cultured meat? FoodNavigator-USA quizzed leading food law...
General Mills net sales increased 7% to $4.7bn for Q2 2021 as the company continued to benefit from elevated at-home demand for its core brands within its meals & baking and cereal segments, which grew net sales by 9% for the quarter.
Four years after receiving a petition urging it to permit a more consumer-friendly name, the FDA has issued final guidance allowing companies to use ‘potassium salt’ as alternate name for ‘potassium chloride’ on ingredient labels.
From ‘futureproof’ foods claiming to support immune health or manage stress, to the ‘ketotarian’ diet: a plant-based spin on keto, Kroger has released seven food trends it believes will gain traction in 2021, which it predicts will be a "breakout...
