Despite its grim near-term figures, Beyond Meat’s long-term prospects are good, insisted CEO Ethan Brown on the firm’s Q1 earnings call Wednesday as analysts queried how much longer the plant-based meat firm would have to speculate before it started to...
MSP Starch Products Inc., makers of the branded ingredient Solnul Resistant Potato Starch, said the offering has been certified by the Upcycled Foods Association (UFA).
Rising food prices slowed slightly in April over the prior month, according to the Bureau of Labor Statistics April Consumer Price Index released today, but they continue to climb at a brisk pace that is significantly faster than all items, allowing them...
PepsiCo is working alongside academia and other partners to develop our understanding of the oat genome for use in open-source applications. The company believes this can unlock gains in the fields of health and sustainability.
In FoodNavigator-USA's latest roundup of new product launches, we include an eclectic mix of new products, from ‘on-the-go’ prebiotic fiber blends and Lavazza coffee in cans, to plant-based scrambled egg, ice cream sandwiches, and cheeseballs.
The US Food and Drug Administration has detailed how it aims to increase the availability of infant and speciality formulas, as shortages on shelf are tied to higher demand and a recall of some Abbott Nutrition products.
While many consumers report struggling with product shortages and delays in online orders along with mounting concerns over inflation, demand for groceries “tends to be relatively inelastic,” according to Morning Consult, which has just surveyed 1,000...
Online grocery activity declined across the board last month in three main segments including pickup (in-store, curbside, lockers, etc.), delivery (first and thirst party providers such as Kroger, Instacart, Shipt), and ship-to-home (parcel carriers including...
As higher prices due to inflation continue to squeeze consumers’ budgets, shoppers at Spouts Farmers Market are beginning to pull back on spending, opting for “slightly fewer units in the basket” – prompting the retailer to reconsider its in-store experience...
Oatly's US revenues surged 40.3% to $47m in Q1, 2022, said the Swedish oatmilk maker, which claims Oatly is now the “fastest turning national brand in the entire US milk category [dairy and plant-based] with significant distribution upside,"...
Herbalife’s stock price took a tumble after the company announced disappointing earnings yesterday. Continuing pandemic issues and global inflation hurt the company’s bottom line.
Halifax-based Smallfood is targeting the alternative seafood market with a novel marine-based whole food ingredient high in protein “with an amino acid profile similar to beef” and meaningful levels of the coveted long-chain omega-3 fatty acids EPA and...
Tate & Lyle – a global ingredients company best known for sweeteners, fibers, and texturizing ingredients – has moved into the burgeoning plant-based protein arena with a deal to acquire Virginia-based chickpea protein and flour co Nutriati, six months...
IFF has launched SEAFLOUR, a hydrocolloid from red seaweed with particular potential in higher-protein plant-based milks made with pea or soy, enabling formulators to offer cleaner labels and shorten their ingredients lists.
Food & beverage class actions surged in 2021, driven in part by a tsunami of cases over heavy metals in baby food, but judges are wearying of cases that assume consumers have zero common sense, according to a review by law firm Perkins Coie.
More work is needed to tackle heavy metals in foods & beverages, especially those consumed by young children, but we shouldn’t throw out the baby with the bathwater, said food industry executives at a public meeting held as the FDA issued new action...
After taking a hit early in the pandemic, sales of impulse purchases are beginning to rebound – but they look different now than before the outbreak as brands and retailers redefine the category to better align with consumer needs and lifestyles reshaped...
The ingredients supplier is investing €50m in the new facility to make protein concentrate, starch rich flour and hulls from faba beans – a crops that comes with ‘convincing sustainable credentials’, Beneo’s Christoph Boettger tells FoodNavigator.
There’s no magic formula for creating a successful food product, but combining two things that pretty much everyone already likes is probably a good place to start, say the founders of Baozza, a frozen food brand launched by two American expats in China...
Moolec Science – which has developed a ‘molecular farming’ platform to produce plants that express animal proteins – is developing genetically engineered peas and beans containing bovine and porcine proteins that it claims can improve the taste, texture,...
As rising temperatures push American spinach farmers farther north, late blizzards threaten US corn and soy crops and a prolonged drought in the southern plains weakens wheat production and pushes up prices, it is clear that BlackRock CEO Larry Fink was...
Russia’s invasion of Ukraine has sent shockwaves rippling through the food supply chain, but thanks to a confluence of factors, the wheat market – in particular – is “on fire,” say analysts at Rabobank.
With supplies from Ukraine and Russia – which together accounted for 15.3% of global corn exports in 2020/21 - in jeopardy, “the world now turns to Brazil and the US for corn, and prices will rise,” says Rabobank, which notes that prices are already trading...
Undefined and increasingly under fire for allegedly delivering low nutrition but high calories, so-called ultra-processed food could be under the microscope during the next review of the Dietary Guidelines for Americans, slated for publication in 2025.
As Americans who have worked from home since the pandemic begin to return to their offices and become more comfortable socializing in the evenings, when and what they eat is shifting earlier and later – at the expense of more traditional meals – creating...
In part four of our series on the high-fat, moderate protein, ultra-low-carb keto diet, FoodNavigator-USA checked in with experts at consumer insights specialist Hartman Group, and product innovation company Mattson to get their take on whether it is...
Motif FoodWorks has upped the ante in a high-stakes legal dispute with plant-based meat co Impossible Foods over meaty-tasting ‘heme’ ingredients by filing a petition with the Patent Trial and Appeal Board to challenge the validity of a patent it argues...
In part two of our new series on the high-fat, moderate protein, ultra-low-carb keto diet, FoodNavigator-USA caught up with Dr Ryan Lowery, CEO at Ketogenic.com, which also owns the ketogenic certified scheme used by brands including Quest Nutrition and...
Upfield has released a report detailing the methane emissions in its supply chain. It is the first time a major food company has provided this information, it claimed.
A decade after Blue Apron pioneered the US meal kit market, more than half of Americans have yet to try the service from any vendor, despite dozens of additional players now in the space – a missed opportunity that the company wants to seize with a new...
While shoppers care about animal welfare and sustainability, these things are not, yet at least, primary purchase drivers for most Americans, despite what they tell you in surveys, says the co-founder of plant-based chicken startup Nowadays. “What’s the...
Despite skyrocketing inflation that reached a 40-plus year high of 8.5% for all goods year-over-year in March, and ongoing supply chain challenges that are driving up production costs and out-of-stocks, US consumers continue to spend what it takes to...
The high-fat, moderate protein, ultra-low carb ketogenic diet has its devotees and detractors. But what kind of impact is it having on the CPG industry, how big is the addressable market for keto or keto-friendly products, and is this a fad or a lasting...
“Maligning plant-based meats and milks because of the processing they undergo is nutritionally unjustified and counterproductive to achieving the health and environmental goals of the World Health Organization,” claims one academic who has been studying...
Consumer spending remains strong – for now – despite historic inflation increases, but new data from the Census Bureau released Thursday suggests the gains in grocery last month may not be as significant as they appear and an overall slowdown could be...
With 33 years operating in the natural foods industry, national food broker PRESENCE has seen many trends come and go and others grow into long-term growth drivers for the industry.
Tate & Lyle has expanded production of allulose in a bid to meet surging demand for the rare sugar, which has exploded in popularity following the FDA’s decision to exclude it from the total and added sugars declarations on the Nutrition Facts panel.
Even if the conflict in Ukraine were to end tomorrow, the impact on the global food supply chain could last for months, if not years, say analysts at Mintec, while Rabobank predicts “national average farm prices in the US over the next decade will remain...
Beyond Meat has agreed to settle a lawsuit filed by common stockholders alleging that top executives breached their fiduciary duties in their dealings with former co-packer Don Lee Farms. Company executives named in the complaint do not admit any wrongdoing,...
After experiencing unprecedented double-digit growth in 2020 fueled by pandemic shopping behaviors, private label brands grew by a more modest 1% for the full-year 2021, but have gathered steam again in the Q1 2022 registering 6.5% sales growth compared...
In the face of ‘unprecedented’ inflation and transportation troubles, Slim Jim and Birds Eye maker Conagra Brands is raising prices – again – but executives are confident that sales, market share and household penetration will remain strong thanks to...
Hemp, barley, chickpeas, and Pongamia (a.k.a. ‘vertical soy’) are four plant-based proteins to watch in the next decade, according to panelists at FoodNavigator-USA's recent ‘Plant-based protein in focus’ webinar, who predicted advances in crop breeding...
Beyond Meat is rolling out its Beyond Burger and Beyond Meatballs products at approximately 2,000 Rite Aid stores nationwide as the company aims to expand its presence across all retail channels including drugstores.
While retailers’ practice of displaying an overabundance of fresh produce, baked goods, meat and dairy alongside shelves stacked deep with staples effectively boosts sales by enticing consumers to buy more, it also costs the industry a whopping $37m a...
New chickpea varieties with 75% more protein could transform the legume from a niche to a mainstream player in the plant-based protein arena, says San Francisco-based startup NuCicer, which is also developing varieties with specific functional attributes...
By Jonathan Sharp, CFO, Environmental Litigation Group PC
Last year’s Congressional Subcommittee report alleging 'dangerous' levels of lead, arsenic, mercury, and cadmium in leading baby food brands has brought the issue of heavy metals in foods targeting infants into sharp focus. So what can manufacturers...
The terms ‘prebiotic’ and ‘probiotic’ are appearing on a growing number of food & beverage brands, while another term – ‘postbiotic’ – is also starting to emerge. But food marketers should do their homework before slapping these terms on their wares,...
In a highly competitive industry in which 80-85% of new products fail in the first two years, natural grocery distributor KeHE consistently picks winners and fosters growth among emerging brands thanks to several key initiatives, including its TrendFinder...