The day any entrepreneur decides to sell his or her business is “always bittersweet” observed Jonathan Sebastiani after selling KRAVE Jerky to Hershey for $218m in January 2015. So how does it feel - five years later - to be back at the helm after buying...
By Soup-To-Nuts Podcast: Navigating coronavirus’ uneven impact to chart a path forward for groceries
While some food and beverage brands have enjoyed tremendous growth following the coronavirus outbreak, others have been completely "pummeled" by government and consumer response to the virus – revealing a division that could provide a road map...
In the past two weeks, more than a dozen food and beverage companies – many of which are small and struggling to operate during the pandemic – have teamed with the KIND Foundation’s and Project N95’s recently launched Frontline Impact Project to donate...
Driven by strong demand for its snacks products in North America, Mondelēz International reported 2.6% growth in net revenue to $6.7bn for Q1 2020, offsetting sales downturns in other areas of the business including world travel retail and away-from-home...
The global market for collagen peptides grew 25%+ in volume in 2019 with continued double-digit growth expected in 2020, says Gelita, which says it’s seeing a steady rise in interest from food and beverage firms looking to make more tailored products...
A San Diego-based startup producing protein concentrates from lemna - a fast-growing aquatic plant that can be harvested all year round – says a $4.6m cash injection from investors,* including Kellogg’s venture arm Eighteen94 Capital, will enable it to...
As Americans spend more time at home and are paying acute attention to health and wellbeing, their demands are shifting towards products with specific functional benefits, options to recreate restaurant experiences at home, and an intensified desire for...
Partnership for a Healthier America (PHA) is teaming up with baby and kids food manufacturers, early childhood educators, and other key stakeholders under its 'Shaping Early Palates Initiative', which aims to disrupt the marketplace of childhood...
ProBiotix Health – a spinoff of UK-based life sciences firm OptiBiotix Health - is in preliminary talks with food and beverage brands in the US about developing yogurts and other functional foods featuring a probiotic claimed to deliver meaningful reductions...
The Israeli start-up discusses its new sustainability plans, why it sees cultured meat as a 'necessity' and also why the sector can live in harmony with the traditional meat industry.
WeWork is helping to level the playing field between emerging and established brands in the competitive food and beverage space with the recent unveiling of its flagship Food Labs in New York City and the graduation of its first food and ag focused accelerator...
The convenience, practicality and comfort of offering food as tokens of recognition, appreciation and affection could help insulate the US food gifting market during the coronavirus pandemic, but it may not be enough to fully offset losses in 2020 from...
Just over half of food & beverage professionals surveyed by product innovation firm Mattson this month say projects and launches have been delayed due to coronavirus, but two thirds are still working on new concepts and products and 50% believe COVID-19...
The same day that Tyson Foods warned in full page newspaper ads that the coronavirus pandemic may disrupt the US food supply chain unless the government creates a “comprehensive, thoughtful” strategy for meatpacking facilities to remain open safely, the...
While "banana bread is having a moment" during the lockdown, most consumers that didn't previously have great cooking skills are "not turning into gourmet chefs," and when it comes to dinnertime, they're looking for 'heat-and-eat'...
The US Department of Agriculture is making it easier for low-income participants in the Women, Infant and Children Supplemental Nutrition Program to fill their grocery carts despite lingering shortages of program-eligible food staples due to panicked...
As measures designed to flatten the curve of the coronavirus pandemic continue to flatten the economy simultaneously, many companies are making tough decisions to survive, including whether to pull-back on expansion plans, lay off employees, rationalize...
Unlike many emerging brands, which have had to ramp up - on in some cases create from scratch - e-commerce capabilities during this pandemic, Magic Spoon has been a direct-to-consumer business from the outset, and sales are going through the roof, say...
Strong food & beverage brands with world class management teams will continue to attract funding, but valuations are “falling by the minute,” and the days of throwing money at emerging brands and seeing what sticks are over, at least for now, says...
As extensions and new inclusions have been made to many government-mandated social distancing policies, a majority of North American consumers indicate they expect the impact of COVID-19 will persist for up to six months, according to Nielsen.
While the federal government has taken several steps in recent weeks to help feed low-income children during the ongoing coronavirus pandemic, a leading public health advocate argues more must be done to protect the one in 10 children facing food insecurity...
As wait times for delivery windows from traditional grocery retail ecommerce sites stretch further into the future, Americans increasingly are buying products directly from manufacturers’ websites during the coronavirus pandemic, creating an opportunity...
Nutrition and health ingredients supplier DSM is experiencing significant spikes in demand for vitamin C and other functional ingredients, reflecting higher overall sales of packaged foods and beverages as consumption switches to the home, coupled with...
Like many CPG companies trying to maximize efficiency and streamline supply chains during this pandemic, Coca-Cola has been “ruthlessly prioritizing to deliver on core SKUs,” in recent weeks. But it’s also signaled plans to streamline the innovation pipeline...
While it is still too early to predict the long-term economic impact of measures designed to slow the spread of the coronavirus, the Kroger Co. is bracing for the “high risk” that a recession is on the horizon by investing now in innovation and key partnerships,...
Ending its Q1 2020, Eat JUST, Inc. – makers of JUST Egg, the plant-based egg alternative made with mung bean protein – reported a +36% increase in unit sales for total US grocery for the four weeks ending March 29, 2020 vs the last four weeks ending...
The tech-forward distribution and logistics platform Pod Foods is offering a lifeline to emerging brands struggling to get on store shelves at a time when many retailers and traditional distributors are prioritizing more established, high-demand brands...
Where and when consumers grocery shop has shifted dramatically since the World Health Organization declared the coronavirus outbreak as a pandemic on March 11 with consumers increasingly gravitating to dollar stores and limiting trips to club, drug and...
At-home baking has exploded as a go-to quarantine activity among US households, causing a shift in consumer attitudes for overlooked pantry ingredients and heightened demand for highly-scrutinized ingredients such as 'refined' sugar.
As the infection rate and death toll of the novel coronavirus continue to climb, more Americans are re-thinking their diet to help ward off infection, as illustrated by the dramatic increase in sales of immunity products and people buying them in the...
“Coronavirus has us all rethinking how we will do research this year,” says Patricia Manos, VP marketing at consumer insights and product testing specialist Curion, who says there are multiple ways to glean insights from consumers remotely, from video...
Israeli firm Hargol FoodTech – which is blazing a distinct trail in the embryonic edible insect sector by focusing on grasshoppers, rather than crickets – has completed a $3m financing round from existing shareholders, Singapore-based Sirius Venture Capital...
Public health advocates are lauding a federal court decision that strikes down a final rule published by USDA in late 2018 that they say rolled back nutrition standards for school meals, but which the School Nutrition Association says provided much-needed...
Grocery shoppers’ concern about the health of other customers and store employees has eclipsed fears of running out of food as the death toll from the novel coronavirus continues to climb and high-demand items are restocked more quickly, according to...
Membership-only natural and organic online marketplace Thrive Market has seen a significant increase in demand during the coronavirus pandemic, with members buying more, and more often, putting pressure on the company’s supply chain.
As Americans adjust to home confinement, their confidence in the kitchen has soared with many saying they will carry on with their cooking habits even after the world returns to a new normal, according to a new study by food and beverage communications...
Kroger is adding its voice to the growing chorus of industry stakeholders asking elected officials to designate all grocery employees as ‘extended first responders’ and ‘emergency personnel’ to ensure they are protected and have access to healthcare during...
After owning its backyard market of Chicago, dairy-free 'nice cream' brand Frönen is expanding to the West Coast in Nugget Markets and soon, New York City along with two new flavor launches.
“Three months ago, everyone was focused on the next wave of CBD users, people that haven’t tried CBD yet, but I really think it’s those heavy users, those core users, that are going to be driving this market over the next few months,” predicts the managing...
Rather than hit pause during the ongoing pandemic like many other investors, global venture capital fund SOSV’s Food-X accelerator is moving full steam ahead by welcoming to its 11th cohort eight companies that are directly tackling challenges coronavirus...
Perfect Day, a startup producing milk proteins via microbial fermentation (minus the cows), has secured a coveted 'no questions/objections' letter from the FDA in response to its Generally Recognized as Safe (GRAS) determination for 'non-animal'...
While the Beyond Burger and Impossible Burger have spawned a wave of soy- and pea-protein fueled copy-cats seeking to precisely mimic the taste and texture of beef, there is room in the plant-based foods market for products made from a broader range of...
Now the initial grocery shopping ‘surge’ has calmed down somewhat, what can CPG companies expect in the next three to four weeks as consumers navigate the ‘new normal’?
New data from SPINS shows that avocado oil has continued to gain traction with US consumers, with sales in natural and conventional channels combined growing 24% in the year to March 22, 2020 on top of 28% growth the previous year, while coconut oil sales...
Even as packaged food and beverage companies scramble to meet increased consumer demand while also compensating for setbacks during the ongoing coronavirus pandemic, many are shifting already limited resources to employees, customers in need and the broader...
The generosity of the food and beverage industry is on full display as companies – some with limited resources – give what they can to those serving on the frontlines of the ongoing coronavirus pandemic, and to those in need, including many who unexpectedly...
Global ingredients giant Ingredion has struck a deal to acquire a controlling (75%) stake in stevia supplier PureCircle, which has been going through a period of extreme turbulence in recent months, prompting the suspension of its shares and the installation...
As economic uncertainty climbs alongside the spread of coronavirus, most Americans are trying – but often failing – to maintain the status quo with regards to grocery purchases, according to new research from Datassential.
Monk fruit (Luo Han Guo) is best known as a source of high intensity natural sweeteners, but it could also emerge as an intriguing new source of fiber, claims Ingredients by Nature, which has developed a ‘sweet fiber’ from the pomace of monk fruit called...
Onboarding new brands is not top of the priority list right now at most food retailers, many of which are more focused on rationalizing SKUs than adding new ones. Meanwhile, R&D under lockdown isn't easy. So is innovation on pause, or are companies...
![Patricia Manos: 'Some [innovation] budgets are frozen, but companies are also planning for what happens post-COVID-19'](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/food-beverage-nutrition/foodnavigator-usa.com/article/2020/04/17/consumer-testing-during-a-pandemic-from-virtual-focus-groups-to-video-diaries/10919336-1-eng-GB/Consumer-testing-during-a-pandemic-From-virtual-focus-groups-to-video-diaries.jpg)
