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).
Ending its fiscal year on a strong note, grocery wholesaler UNFI is ramping up investment in warehouse automation and robotics as part of its long-term growth plan to enhance efficiencies and long-term profitability for its customers.
The FDA has issued a proposed rule updating the criteria for the ‘healthy’ nutrient content claim on food labels that for the first time restricts the amount of added sugar firms can include in products bearing the claim.
Santiago-based NotCo - which claims to offer superior products in the alt meat set through the use of an artificial intelligence platform called ‘Giuseppe’ - is gearing up to enter the increasingly crowded US plant-based chicken category with NotChicken,...
The Biden administration is exploring steps the federal government could take to reduce intake of added sugars “such as developing targets for categories of foods, similar to the voluntary targets FDA developed for sodium,” as part of a National Strategy...
Food prices at near forty-year highs now overshadow most other consumer concerns about grocery shopping – including fears of contracting COVID-19 or experiencing violence in stores – prompting many to rethink where they shop, what they buy and what product...
With many consumers fixated on the price of their grocery bill amid ongoing inflation, mass and club channel retailers such as Costco are seeing increased foot traffic and higher shopper spending at its stores.
Days after suspending COO Doug Ramsey following an alleged assault, Beyond Meat says chief supply chain officer Bernie Adcock – who joined the beleaguered plant-based meat co with Ramsey in December 2021 from Tyson Foods – has informed bosses of his plans...
Advocates arguing for greater transparency about the use of GMOs in food scored a minor victory this month after a district court told USDA to re-work the digital disclosure portions of the bioengineered food labeling law, which came into effect in January....
Some commentators fear ‘regenerative’ could become the new ‘natural’ in food marketing – a buzzword without a clear definition enabling the industry’s biggest polluters to sustain an unsustainable status quo while presenting a more eco-friendly face via...
HOWTIAN has grown stevia plants with up to a 12% average Reb A yield this season, the “highest ever in the industry,” says the firm, which described the news as a “milestone not just for the company, but for the food and beverage industry at large, as...
Sue Garfitt has been appointed the new CEO of Dutch alternative protein start-up The Protein Brewery. FoodNavigator catches up with Garfitt to ask what factors influenced her decision, what expertise she plans to bring to the company, and what’s next...
Billed as a “first-of-its kind, category-disrupting product,” the Beyond Carne Asada Steak – the fruit of an 18-month partnership between Beyond Meat and Taco Bell - will be tested in Taco Bell locations in Dayton, Ohio, from October 13 for a limited...
Mycoprotein supplier ENOUGH is opening its flagship production facility in a move the company says will deliver ‘game-changing’ additional production capacity in the animal-free protein market.
The “extreme obstacles” that food retailers have navigated the last few years will likely become “even more complex” in the coming year as unpredictable inflationary pressures, ongoing supply chain and labor challenges along with global unrest continue...
Plant-based meat alternatives continue their downward slide with sales, units and volume all dropping in July from a year ago – a trajectory that IRI data crunched by 210 Analytics shows was set in motion months ago, but which doesn't shake at least...
It’s been a “rollercoaster year” for meat alternatives, acknowledges Quorn Foods USA president Judd Zusel. But flagging sales in some parts of the market do not mean we should throw the baby out with the bathwater.
The long-term imperative driving meat alternatives is clear: We only have one planet, with a growing population and finite resources, and raising animals to feed them all just takes up too many of them, says Tom Mastrobuoni, chief investment officer at...
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...
As inflationary pressures continue to strain household budgets, Kroger has launched a new private label line called Smart Way spanning multiple categories from canned vegetables to napkins to help shoppers more easily identify “opening price point items.”
Wicked Kitchen – a plant-powered brand with a distinct culinary bent developed by chefs Derek and Chad Sarno – has acquired plant-based seafood brand Good Catch (also founded by the Sarno brothers), which CEO Pete Speranza says is “100% accretive” and...
A Japanese-style sauce brand with a history of personal connection with customers has parlayed that authenticity into a $13m cash infusion in a funding round led by a prominent consumer brands investment firm.
Panda Express is rolling out Beyond: The Original Orange Chicken – a “plant-powered” entrée co-developed with Beyond Meat – to 2,300+ US locations until November 30, while supplies last, following a successful small-scale trial in 2021.
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...
“12-18 months ago, refrigerated plant-based meat was growing at three times frozen and we were thinking should we try and jump into that?” recalls Bob Nolan, SVP demand science at Conagra Brands, which acquired alt meat brand Gardein in 2018 via the acquisition...
Campbell Soup Co. reported a 6% net sales increase to $2bn in Q4 2022 (three months ended July 31, 2022) vs. the prior year, while volumes declined (-4%) for the quarter, revealing consumers may be rethinking some of their name brand purchases in favor...
Have we reached peak alt-meat? Or is the weakening performance in US retail merely reflective of inflationary pressures (plant-based meat is more expensive than conventional, although the gap is narrowing) and well-publicized issues at some of the publicly-listed...
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...
While weakening retail sales and grim quarterly earnings from some publicly listed players have prompted intense debate about the future of meat alternatives, the “crisis of confidence” this has prompted has overshadowed the fact that amid all this noise,...
Having experienced an average +30% YoY growth in 2019 and 2020, the alternative meat category slowed to flat YoY growth in 2021, with industry leaders such as Beyond Meat seeing negative growth in measured channels.
Despite an ongoing recall of Jif peanut butter, JM Smucker eked out better than expected net sales thanks to the success of its popular coffee brands, including Café Bustelo, Folgers and Dunkin, and its Uncrustables brand – all of which faced their own...
US retail sales of meat alternatives in measured channels tell a tale of two temperature states. Dollar sales of refrigerated meat alternatives are declining in double-digits, while frozen products are growing in the high single digits, according to IRI...
“It has been clear for a while that plant-based analogs will not displace meat,” says the CEO of Israeli cell-cultured (a.k.a. ‘cultivated’) meat co Aleph Farms. “The addressable market is larger for cultivated meat than for plant-based because the products...
Impossible Foods is expanding its collaboration with Burger King with tests of a plant-based ‘chick’n’ patty in 47 restaurants in Cincinnati, Ohio, through mid-October. The move comes hot on the heels of tests of Impossible’s plant-based nuggets in Burger...
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...
From sparkling beverages laced with adaptogens and probiotics to plant-based cream, milk, luncheon meat and dips, and the latest animal-free launch fueled by Perfect Day's whey protein (made without cows), checkout FoodNavigator-USA's latest...
A new study – published a month after the World Health Organization (WHO) sounded a cautionary note about the long-term effects of zero-calorie sweeteners such as sucralose and saccharin – suggests some diet sweeteners are not inert and can alter the...
Target has cut its inventory levels by 20% in the last two months in a conscious effort to streamline its business and set the company up for improved long-term growth, shared chairman and CEO Brian Cornell.
In a worst-case scenario, McKinsey is predicting a food deficit representing a year’s worth of nutritional intake for up to 250m people – or 3% of the global population.
The “huge bet” SunOpta has placed on oatmilk through an aggressive series of investments in production capacity “has absolutely paid off,” says CEO Joe Ennen as the firm gears up to open a new aseptic production facility in Midlothian, Texas and expand...
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...
It’s easy to see the grim P&L figures at Beyond Meat and Oatly and the recent lackluster performance of some refrigerated meat alternatives in US retail as proof that the entire ‘alt protein’ space is a busted flush, but the real picture is more nuanced,...
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 Americans continue to adjust to post-pandemic life and mounting economic uncertainty, consumer research from Mintel shows that many believe there is no going ‘back to normal’ and as such are changing the way they think about, budget and shop for, and...
Notoriously thin operating margins in the food supply chain will likely keep manufacturers and retailers from incrementally lowering prices even as input costs begin to come down – preferring instead to wait until the economic landscape stabilizes and...
Private label specialist TreeHouse Foods – which has been looking to reengineer its portfolio to focus on higher-growth, higher-margin snacks and beverages markets – has struck a deal to sell a significant portion of its meal preparation business to European...
What’s more sustainable? Using acres of land, water and energy to grow plants that produce minuscule quantities of natural sweeteners; or making them via a fermentation process using a microbe that’s been engineered to produce exactly the same molecules?
The popularity of condiments soared during the pandemic as consumers used the products as an easy way to elevate an otherwise bland meal made at home, notes Mintel, which says that condiment brands must engage with younger consumers to ensure future long-term...
