Investing & fundraising

Letter from the editor: What to expect for packaged food & beverage in 2025

Biggest trends of 2024 and what to expect in 2025

Letter from the editor: What to expect for packaged food & beverage in 2025

By Elizabeth Crawford

As 2024 ends and a new year begins, many US consumers are looking for control and comfort from the foods and beverages they buy as they continue to navigate rising prices, mounting food safety concerns and general discord from a divisive presidential...

Morinaga America revs up HI-CHEW production, opens second facility

Morinaga America revs up HI-CHEW production, opens second facility

By Deniz Ataman

Confection manufacturer Morinaga America, Inc., invested $130 million to construct its Mebane, N.C.-based facility to produce its flagship brand HI-CHEW, which has grown 20% year-over-year in the non-chocolate category over the past seven years, Teruhiro...

Meati raises $100m in funding, adds 2,000 retail locations

Meati raises $100m in funding, adds 2,000 retail locations

By Deniz Ataman

Mycelium food maker Meati raised more than $100 million in Series C-1 funding "to help meet the growing demand for its products," and support its expansion into 2,000 Kroger Family Stores last month, bringing its retail footprint to more than 6,000...