As record high sales from the early days of the coronavirus pandemic level out at rates significantly lower than March and April but still higher than last year, CPG companies are trying to reassure investors that they can hold on to new customers and...
Santiago-based food tech company NotCo has closed an $85m Series C funding round co-led by Future Positive and L Catterton,* and is gearing up for a move into the US market in late 2020 or early 2021.
Beyond Meat (Jiaxing) Food Co., a wholly-owned subsidiary of Beyond Meat, Inc., has signed an agreement with Jiaxing Economic & Technological Development Zone (JXEDZ) to manufacture plant-based meat products including beef, pork, and chicken under...
Retailers interested in attracting more Black shoppers, who Nielsen reports wield an annual buying power of $1.5 trillion and make more grocery trips per year than all other racial groups, need to stock and prominently highlight more products by Black-owned...
Responding to “overwhelming demand” in Canada, the Impossible Burger will be available this year in a wider variety of restaurants and grocery stores throughout the country.
Under normal circumstances the Campbell Soup Co.’s 12% organic sales increase, 13% operating profit increase and strong double-digit consumption growth across all core brands in the fourth quarter would be lauded as great – but during the pandemic, when...
Rep. Kurt Schrader (D-OR) and Rep. Morgan Griffith (R-VA) have introduced the Hemp and Hemp-Derived CBD Consumer Protection and Market Stabilization Act of 2020 to allow hemp and hemp derived CBD to be legally marketed in dietary supplements.
Launched in September 2019, Target’s newest private label line Good & Gather has generated more than $1bn in sales and will nearly double its line with 600 new items this fall.
Giving up meat was tough… but there are lot of great alternatives out there, says LOCA Food founder Lauren Joyner, a UX designer turned food entrepreneur. Giving up nacho cheese sauce – a staple of her childhood diet – was a whole different ballgame....
Dave Ritterbush has joined plant-based food & beverage co Califia Farms as CEO, replacing Greg Steltenpohl, who will retire as CEO but will remain on the board as an executive director.
Making the next-generation of plant-based foods might not be rocket science, but it will take a hefty dose of data science, predicts the astrophysicist behind Climax Foods, a Berkeley-based startup on a mission to reverse engineer animal foods and re-build...
As demand for more meat-like plant-based products grows, Dr. Praeger’s Sensible Foods continues to expand beyond the vegetable-forward frozen foods it is best-known for with the launch of the Perfect Turk’y Burger, while still holding the line on its...
Meal kit co HelloFresh has announced the leasing of new distribution centers in Newnan, Georgia and Irving, Texas to meet growing demand as consumers stay home during the pandemic.
As many schools negotiate how to teach children safely during the ongoing coronavirus pandemic, they also must navigate how to feed them – a challenge that will require creativity and cooperation from regulators, legislators, and school nutrition professionals...
Plant-based protein specialist PURIS – a key supplier of pea protein to Beyond Meat - is rolling out a series of new products this year including a pea syrup that can serve as an alternative to corn-, brown rice- or tapioca syrup; and sweet lupin flour,...
What’s hot and what’s not in the world of sweeteners? FoodNavigator-USA caught up with Icon Foods, Cargill and Beneo to explore formulation trends as brands remain under pressure to reduce sugar and keep labels clean.
After months of meeting heightened consumer demand related to coronavirus pantry stocking and increased at-home consumption, SPAM and Skippy manufacturer Hormel Foods could face inventory shortages in the fourth quarter if additional outbreaks at facilities...
In an open letter slammed by Impossible Foods as cynical and disingenuous and dismissed by one commentator as a “PR stunt,” Lightlife Foods has attempted to distinguish itself from ‘food tech’ rivals in the plant-based meat arena by positioning itself...
Plant-based protein and functional ingredient supplement company KOS has closed a $2.1 million funding round led by Springdale Ventures; former Whole Foods CEO, Walter Robb; and Horizon Bank’s chair Jim Schneider to support its continued expansion across...
A judge handling a high-profile lawsuit* over the use of dairy terminology on plant-based products has blocked attempts by the State of California to prevent Miyoko’s from using the terms ‘butter,’ ‘lactose-free’ and ‘cruelty-free’ on its vegan products....
From protein-packed egg bites and keto crackers to plant-based 'butter' and an array of products touting immune support benefits, checkout FoodNavigator-USA's latest gallery of new products hitting shelves.
Beyond Meat has fired the latest salvo in a legal spat with former co-manufacturer Don Lee Farms with an amended complaint accusing it of misappropriating trade secrets, defrauding Beyond Meat, and infringing its trademarks.
Plant-based egg maker Eat Just hopes to turn an operating profit before the end of 2021, at which point founder and CEO Josh Tetrick says the company will consider an initial public offering (IPO).
US retail sales of leading packaged food brands tracked by Bernstein* rose +12.1% year-on-year in measured channels in the four weeks ending August 8, with big brands reaping continued benefits from the shift to eating at home, though sales growth slowed...
Pork processing giant Smithfield Foods – which threw its hat into the plant-based meat ring last September with the nationwide launch of burgers, breakfast patties, protein crumbles and meatballs under the Pure Farmland brand – has started shipping new...
Lever VC – a global venture capital fund whose partners were investors in Beyond Meat, Impossible Foods, and Memphis Meats – has launched a new fund targeting early stage companies in the burgeoning alternative protein space, with commitments of $23m...
Want to get feedback on your new child-focused food or beverage launch, brand, or business, from our expert panel at FoodNavigator-USA's virtual FOOD FOR KIDS summit in the fall?
Impossible Foods has raised $200m in a Series G funding round led by new investor Coatue, with participation from existing investors including Mirae Asset Global Investments and Temasek as well as new investor XN. The move brings its total funding since...
Kraft Heinz has named Cory Onell as president of US sales; Sanjiv Gajiwala as US chief growth officer; and Stephanie Peterson as head of US communications as it gears up to unveil its strategic plan in September.
What’s new in the world of food preservation? FoodNavigator-USA (FNU) caught up with Courtney Schwartz (CS), marketing director for Kemin Food Technologies, Americas, at the SHIFT20 virtual IFT show to fund out.
For the bulk of its 21-year lifespan, Alibaba.com served as an online directory to help buyers identify Chinese suppliers of everything from farm equipment to iPhone cases. Today, it’s a multibillion-dollar global b2b e-commerce platform, and food &...
Whole Foods Market has launched Home Ec 365, a digital home economics curriculum “built to help you adult like a boss” as it refreshes its 365 private label range.
Keto-friendly cereals and snacks startup Catalina Snacks has hired industry veteran Joel Warady as president as it ramps up its omnichannel business and gears up to launch a new product line in 2021.
The number of new products introduced globally featuring almonds rose 13% to 12,206 in 2019 according to Innova Market Insights, with particularly strong growth in the dairy category (which includes dairy alternatives such as almondmilk and dairy-free...
With its full assortment of cereals returning to store shelves this month, Post Holdings expects to regain some of the share it lost in recent months in the segment to competitors that were faster to rebuild their assortment and resume promotions after...
Corbion has discontinued Thrive – the first culinary algae oil on the market – three years after acquiring the brand from San Francisco-based TerraVia in the fall of 2017.
DouxMatok, the Israeli firm behind patented technology that makes sugar taste sweeter, has struck a deal with a North American sugar refiner to manufacture commercial quantities of its ‘enhanced’ sugar, with the first products containing the sugar likely...
Despite uncertainties about the pandemic, investors continue to fund food and beverage businesses, but they are more closely scrutinizing opportunities, holding entrepreneurs to higher standards and offering less for more than they did before the coronavirus...
While COVID-19 dented foodservice sales, Beyond Meat experienced a 194.9% surge in US retail sales in Q2, with strong gains in the club channel and surging sales of its Cookout Classic 10-burger frozen value packs, priced at a 20% premium to conventional...
As the initial chaos of the early days of the pandemic and pantry loading settle into a more predictable flow, entrepreneurs may be tempted to pause and catch their breath, but according to the CEO of the emerging e-commerce retailer Living Food Co.,...
Evolving shopping habits brought on by the COVID-19 pandemic are remolding consumer needs, and food brands must build new connections with their customers by paying close attention to new emerging issues, pain points, and desires that matter most to their...
Berkeley-based startup Mission Barns – which is carving a niche in the nascent cell-cultured meat industry by focusing on animal fat – is in talks with leading food companies about incorporating animal fat grown in bioreactors into a range of hybrid meats...
US retail sales of tofu – which for years occupied a solid, but sleepy, niche in a plant-based meat category increasingly propelled by brands seeking to precisely match the taste and texture of conventional meat – have caught fire in recent weeks, says...
The Dietary Guidelines Advisory Committee’s recent recommendations that children under 2 years avoid all added sugar to ensure they consume the nutrients they need without excessive caloric intake may not go far enough to drive a significant change in...
Vital Farms - which launched with 20 hens in Austin, Texas, in 2007 and is now the #1 pasture-raised egg and butter brand in the US and the #2 egg brand in retail dollar sales with products in 13,000 stores – is going public today.
Legislation proposed yesterday to provide all children free school meals not only would help feed the increasing number of children who face food insecurity due to the pandemic and associated economic downturn, but it would also ease financial strain...
Iconic brands from Heinz ketchup to Kraft Mac & Cheese are gaining ground with “higher income, younger, and more diverse parts of the population where we have historically under indexed,” the head of Kraft Heinz’s US business, Carlos Abrams-Rivera,...
The plant-based Impossible Burger is now available at 2,100 Walmart stores in 50 states, says Impossible Foods, which has been aggressively ramping up its retail presence this year, with distribution expanding from just 150 stores in January 2020 to more...
