San Diego-based BlueNalu has outlined plans for a large-scale cell-cultured seafood plant it anticipates will be operational in 2027. This will deploys technology it claims can “unlock the path to significant profitability” and enable a projected 75%...
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...
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.
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...
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).
Kerry has introduced Puremul, an acacia-based emulsifying ingredient that serves as an alternative to sunflower lecithin and mono- and diglycerides, responding to ongoing global sunflower supply challenges and manufacturers' need for a viable replacement.
What's behind the recent slow down of the plant-based meat category? According to new research from Deloitte, there are several factors at play including a more limited addressable market, the pressure from inflation, and questions around the products'...
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.
Curbing consumption of sugary beverages and sweet baked goods could take center-stage in future obesity-fighting campaigns while chocolate and confections move to the wings after new research from Georgetown University reveals the former are more likely...
Novozymes is increasing its investment into alternative proteins, specifically its portfolio of enzyme solutions that can be used for the production of alternative protein food and beverage products, which it is expecting to become a significant driver...
ADM and PepsiCo have entered a 7.5-year strategic commercial agreement to expand regenerative agriculture across its North American supply chains, reaching up to 2 million acres by 2030.
Equinom has partnered with AGT Food and Ingredients Inc. to bring commercial quantities of its non-GMO ultra-high protein yellow pea protein ingredients to market and co-create a portfolio of functional plant-based ingredients.
Knowing entrepreneurs often dramatically underestimate the time it takes to validate their business models, are more likely to lose money or break even than make a profit and face abysmal failure rates, one successful founder is offering a helping hand...
More than four years after Nestlé sold its US confectionery business to Ferrero, the CPG giant is dipping a toe back into the bite-sized sweets segment but through a better-for-you “snacking” lens with the national rollout of Rallies Nut Butter Bombs.
As children nationwide return to the classroom this week, many caregivers are worried about providing them nutritious food amid rising inflation and the expiration of pandemic-era waivers for universal free school meals – prompting General Mills, Orgain...
Gatorade is preparing for a massive 2023 rollout of energy drink brand Fast Twitch, designed for athletic performance with 200mg of caffeine, B vitamins, and electrolytes.
Shiru – a California-based startup producing proteins via microbial fermentation – has teamed up with bakery ingredients specialist Puratos to develop the next-generation of egg replacers.
A study exploring the connection between ultra-processed foods (UPF) consumption and reported adverse mental health symptoms found that participants who had a diet high in UPF were more likely to report instances of 'mentally unhealthy' and...
Every day Americans drink an estimated 517 million cups of coffee, according to the most recent consumer research from the National Coffee Association, which found that while nearly one in five savor a classic black cup with no adornments, the percentage...
A new multi-million initiative by the US Department of Agriculture aims to reverse a downward trend in the number of farms transitioning to organic – a process that can put producers on their back foot financially as yields often drop during the three-year...
While sales of refrigerated plant-based meat may be slowing, shares of some plant-based milk brands are slipping and consumer response to a handful of new products are tepid at best, industry leaders argue the party is far from over for the overall plant-based...
Health and wellness company Laird Superfood has confirmed its receipt of an unsolicited offer from EF Hutton SPV I LLC to acquire the company's outstanding common stock for $3.00 per share in cash.
US honey consumption reached record highs last year while domestic production dropped to its lowest since 1991, primarily due to lower yield per colony, according to USDA’s latest sugars and sweeteners outlook report, which notes that imports have surged...
So-called ‘ultra-processed foods,’ which include a significant portion of CPGs, are often demonized as calorie-dense, nutrient-poor and a major contributor to diet-related chronic diseases, but is this characterization an oversimplification that is just...
Chamberlain Coffee, a DTC-focused brand created by YouTube star Emma Chamberlain, has sealed a $7m Series A funding round led by Blazar Capital and a stacked roster of DTC, retail, and beverage industry investors.
At a time when pushback against sugar is spurring large CPG players to exit the ready-to-drink smoothie and juice market by off-loading well-known brands, two best friends see an opening for a new line of produce-packed beverages positioned as having...
As the average retail price of chicken eggs has surged 51% in the past year, JUST Egg has reduced pricing for its 12-ounce plant-based liquid egg product by 41%, reaching cost parity with premium chicken egg competitors, according to recent data from...
As consumers become more familiar with plant-based alternatives to animal products they are becoming more sophisticated in how they evaluate their options and less willing to compromise on nutrition, taste, texture and variety – pushing industry to find...
Plant-based yogurt brand, Lavva, has been acquired by Brooklyn-based venture firm Next in Natural and has appointed a new CEO, Jeff Lichtenstein, to help the brand keep up with consumer demand and produce additional innovation.
Fresh off closing a $3.9m seed funding round* led by Unovis Asset Management, Paragon Pure is debuting its OléPBM alternative fat technology made from rice bran oil, which it claims outperforms palm and coconut oils in plant-based meat products.
Well represented in key at-home eating categories of sauces (Rao's Homemade), yogurt (Noosa Yoghurt), and frozen entrees (Michael Angelo's and Rao's), Sovos Brands highlighted the performance of the company's largest brand Rao's...
Sustainability “is probably on slide two or three of every customer presentation now,” notes Ingredion, but how can consumers cut through the PR noise to make meaningful comparisons between brands? Checkout our final gallery of trends at IFT FIRST exploring...
Revol Greens, the largest greenhouse lettuce grower in North America, is growing from 30 to nearly 50 acres of indoor farming space with the opening of a new facility in Texas and plans to double operations at its three other existing facilities to eventually...
Sugar reduction is still top of mind for most US consumers, but their motivations for purchasing low- and no-sugar beverages have shifted from weight management and dieting pursuits to achieving a sense of general wellbeing, claims Howard Telford, head...
Despite being a nutrient powerhouse with more fiber and protein per serving than quinoa and nearly twice the amount of iron as a 3-ounce sirloin steak, sorghum hasn’t quite crossed into mainstream territory with most consumers. But that could soon change,...
Dollar sales of refrigerated liquid plant-based creams and creamers were up +25.8% year-on-year to $527.4m in measured US retail channels* in the year to July 10, 2022, while unit sales were up +16.1%, led by strong growth in blends and ‘other’ (which...
Fine chemicals co DIC and San Diego-based startup Debut Biotech are developing a vibrant natural red color that is heat-stable, light-stable, and stable across a wide pH range, using a novel hybrid approach combining microbial fermentation and ‘cell-free’...
When it comes to plant-based milks for kids, the options are few and far between, say Alex and Lauren Abelin, founders of Kiki Milk, which is made with organic oats, hemp seeds, sprouted pumpkin seeds, coconut, and other “whole food ingredients.”
The IFT First 2022 show floor was abundant with companies touting their upcycled ingredients and other exhibitors highlighting plant-based meat and dairy innovation. Take a look at some of the trends highlighted at the show this year.
Illinois-based kefir company Lifeway Foods, which has been the subject of inner family feuding related to its leadership*, reported +16.7% net sales growth for the full year ending December 31, 2021 compared to 2020.
Canada-based Merit Functional Foods says it has overcome one of the biggest hurdles facing plant-based protein in ready-to-drink protein beverages: sediment and grittiness.
Lemon Perfect, the fastest-growing brand in the enhanced water category*, has hired industry veteran and former Coca-Cola executive Jim Brennan as its new president and chief revenue officer.
Fiber may be best known for improving regularity and most commonly associated with older consumers, but the multifunctional ingredient is getting a makeover thanks to a slew of new products touting its other benefits and targeting shoppers across generations...
Baby and toddler food brand Yumi is making its retail debut at Target stores nationwide with a new line of products addressing a market void for nutritious toddler-focused snacks.
From more efficient production of rare sugars tagatose and allulose (and intriguing new possibilities with D-allose), to ‘enhanced’ sugars, and a mystery disaccharide that behaves like sugar, but is metabolized very differently, check out part one of...
In the battle against food waste, most industry players are only addressing part of the problem, claims Aidan Mouat, CEO and co-founder of Chicago-based Hazel Technologies, who says through the company's proprietary shelf-life extension technology,...
While still a growing $7.4bn industry, plant-based foods have some significant hurdles to overcome around formulation especially in the area of fat content, according to Mintel.
