As food prices remain stubbornly high year-over-year, consumers are becoming more sophisticated in how they manage their grocery budgets – allowing them to expand their definition of value beyond the historic combination of price, quantity and quality,...
Kellogg’s “stronger than anticipated” first quarter in which the company saw double-digit organic net sales and adjusted operating profit growth not only places the company in the “enviable position” of raising its full year guidance, but suggests it...
Sprouts Farmers Market’s decision to pull back on promotions and cater instead to less price-sensitive shoppers who follow specialty diets and are more health-oriented once was considered risky but now is paying off.
After three years of innovation-stifling supply chain and labor challenges paired with record high inflation and a trying economy that has discouraged both investors and adventurous shoppers, food and beverage manufacturers are finally ready to prioritize...
Sales of plant-based dairy, including milk, cheese and yogurt, continue to grow at a rapid clip despite challenging macroeconomic and market conditions, but units in some categories are dipping slightly, according to recently released SPINS data, raising...
Once reserved for special occasions and parties, dips are breaking out as an everyday snack – and in some cases meal – to emerge as a fast-growing category driven by pandemic-fatigue, consumer interest in global flavors and an enviable family-friendly...
Upcycling food, or turning would-be wasted byproducts from one product into something delicious and nutritious for people, has emerged as one of the hottest trends in food and beverage in recent years with the market projected to grow at a compound annual...
As consumers look for foods and beverages to do more for them and the planet they are becoming more sophisticated and skeptical of unverified claims – demanding proof that products and companies can deliver what they promise.
Rising inflation is taking a toll on natural and organic sales in the US, the growth of which slowed dramatically in 2022 and will likely continue to drop in the coming year before rebounding slightly in 2024, according to data presented at Natural Products...
The long-held and loudly voiced disapproval by some of science and technology in food production in favor of “idealized nostalgic narratives” of natural food is beginning to soften – opening the door for broader adoption of food-tech, including precision...
Organic rice grower Lundberg Family Farms is on a mission to certify all of its organic rice as regenerative organic by 2027 to better meet growing consumer demand for sustainable food and to “leave the land better.”
Sales of indulgent snacks are growing 20% faster than healthy options as consumers take a “balance sheet approach” when deciding what to eat, despite the current zeitgeist’s focus on better-for-you products that deliver more functional benefits with fewer...
Change is inevitable, and for most it is uncomfortable – but it isn’t necessarily bad given it can be a catalyst for tremendous growth, deeper connections and betterment, which is good news for the consumer packaged goods industry considering research...
After The Coca-Cola Co. halved its brands during the pandemic, the beverage giant is ready to strategically rebuild its product portfolio with “consumers at the center,” a new marketing model, a higher bar for innovation and an eye on a much larger prize...
Xiao Chi Jie (XCJ), the modern Chinese food brand that helped put authentic soup dumplings on the US map by cultivating a cult-like direct-to-consumer following during the pandemic is ready to expand into brick and mortar stores this April with a new...
Rabobank’s powerful matchmaking and once-exclusive innovation arm Foodbytes is opening access for all global startups, corporates and investors to its forward-looking insights, industry analysis and support for vetted emerging businesses with this week’s...
A new partnership between a small business funding and research arm of the U.S. Department of Agriculture and Springtide Seaweed will help to address the challenges of broadening seaweed cultivation “beyond kelp” and into other seaweed varieties.
Fourth generation farmer and founder of the upcycled dried fruit snack producer The Ugly Company’s gamble to buy and retrofit an old dehydrating facility against early investors’ advice and despite limited cash and notable debt is now paying off after...
Online grocery sales growth is expected to moderate over the next five years following a pandemic-era surge, but online grocery sales are projected to pick up market share in overall grocery spending, according to the 2023 Brick Meets Click/Mercatus 5-Year...
After nearly two decades of first appearing in fast-food restaurants across the US and becoming a go-to favorite for spicy aficionados, sriracha today is not only an established flavor that many consumers love, but according to Kerry’s Taste & Nutrition...
What’s old is new … or so the saying goes. And for canned seafood products, they might be the newest/oldest thing on the block, with sales increasing 9.7% to $2.7 billion in 2022, as Euromonitor International senior research analyst Miri Eliyahu recently...
Spice and ingredient giant McCormick & Co. is “streamlining” its workforce through layoffs and voluntary retirements as part of an initiative to cut costs by $75m in 2023 and $125m annually following a disappointing fourth quarter that missed expectations...
Private labeler Westrock Coffee expects to triple its profitability over the next three years as it aggressively builds out its flavors, extractions and ingredients business and finishes renovating what will be its largest production facility following...
A new start-up incubator and investment platform from the team that helped KIND climb from concept to a $5b business with only $5m in primary investment is throwing out the tried-and-true playbooks for growing a brand in favor of focusing on the values...
By Soup-To-Nuts Podcast: Emerging demand for positive nutrition must balance functional benefits, taste, sustainability and convenience
Born out of the pandemic when product availability was unpredictable or limited and when a premium was placed on immunity-boosting, consumers in 2023 increasingly are seeking positive nutrition – both for themselves but also for the planet and workers...
It’s becoming increasingly clear that early projections about the speed with which cultivated meat might gain market share now seem pretty optimistic. But Rome wasn’t built in a day, and significant progress is being made to build the ecosystem needed...
Bold Cultr from General Mills – an ‘animal-free’ dairy cream cheese featuring whey protein made by microbes, not cows – is rolling out to more stores in the Minneapolis area later this month and will be available nationwide direct to consumer from early...
While egg prices were up a staggering 59.9%* year-on-year in December 2022 thanks to rising costs compounded by avian flu, refrigerated liquid plant-based alternatives have come down in price, with unit sales (+14.2%) outpacing dollar sales (+8.4% to...
Over the next three years, Unilever plans to expand its lead in ice cream sales by offering more premium products, expanding in emerging markets and leveraging digitization to boost sales online and out of home, a top executive recently revealed.
The idea of food as medicine is as old as food itself, but only recently has the mainstream US health care system begun to take notice, and action, as community-directed efforts to prevent, manage and treat diet-related illnesses through nutrition education...
Unilever is steadily gaining market share, boosting sales in fast-growing categories, lowering the cost of experimentation and improving its consumer engagement by doing more with less, CEO Alan Jope touted during the company’s investor day last month....
While economists and investors celebrate a slowdown in overall inflation in the US, including for food at home, the price of some grocery staples continues to rise – most notably that for eggs, which increased a staggering 11.1% in December over November,...
Despite concerns that high energy prices, supply chain and labor challenges, and geo-political strife will continue at least through the end of the year if not longer, many CPG executives remain optimistic about their companies’ performance, according...
Taste may be considered king by most food and beverage makers, but at Unilever it no longer reigns supreme after the CPG giant adopted a new ‘holistically superior’ product testing framework and ‘boldly healthier’ food commitments for 2025 – a move that...
While consumer spending remained strong through the holidays despite rising prices, the new year may bring a new level of financial scrutiny as more Americans consider budget limitations and what is essential – altering when, how and where they shop and...
Massachusetts-based startup Superfrau is targeting the emerging functional soda category with a vitamin and mineral packed sparkling beverage made from one core ingredient: upcycled liquid whey from Greek yogurt production.
While economists predict inflation will ease slightly in the coming quarters, this year could easily become a “groundhog day version of 2022” if the weather takes a turn for the worse and triggers a domino effect that strains transportation, commodity...
While several firms are growing fungi in fermentation tanks to make meat analogs, Israeli startup Kinoko is ditching the stainless steel vessels, adding fungi strains to legumes and grains in stacked trays, and letting them work their magic in a solid...
Soup season is in full swing as temperatures across the country drop and cold and flu cases rise. But staying warm and reinforcing their reserves when sick aren’t the only reasons sales of soup are up significantly this year over last, according to new...
No longer a lumbering giant when it comes to R&D, Nestlé significantly increased its number of new product launches and number of patents in priority areas by simplifying its innovation process, fostering an entrepreneurial culture and collaborating...
Even though consumers increasingly are looking for ways to lower their grocery bill as the economy continues to tighten, research from Glanbia Nutritionals suggests many are unwilling to cut corners when it comes to their health – potentially giving better-for-you...
Recognizing more Americans increasingly weigh products’ environmental impact when shopping, but that it is “impossible” for them to verify related marketing claims, the Federal Trade Commission (FTC) voted unanimously this week to review formally its...
At-home food inflation slowed in November – up 0.3% from October, but consumers will continue to trim budgets even as prices stabilize, according to Information Resources, Inc. (IRI).
Already a dominant player in coffee with 22% of the nearly $108bn global retail market, Nestlé wants to capture additional share and drive growth in- and out-of-home in the coming years as consumption across both continues to rebalance post-pandemic with...
In part three of our gallery of highlights from FoodNavigator-USA's recent trip to Israel, we profile startups exploring everything from high-tech indoor vanilla cultivation to the manufacture of no-sugar-added snack bars using compression and ultrasonic...
Dairy should focus on reclaiming its functional food identity and infusing excitement through flavor innovation, according to experts from food and beverage flavor company T. Hasegawa.
Danone North America, the maker of International Delight creamers, wants to entice the next generation of coffee drinkers who are just establishing their daily rituals with a line-up of flavors launching this holiday season and throughout the new year...
Santiago-based NotCo – a food tech company deploying a proprietary artificial intelligence (AI) platform called ‘Giuseppe’ to bring a new level of sophistication to the formulation of meat and dairy alternatives – has raised $70m in a series D1 round*...
In part two of our gallery of highlights from FoodNavigator-USA's recent trip to Israel, we profile startups exploring everything from upcycled yeast proteins and carob to antimicrobial proteins. Best viewed on a laptop!
Berkeley-based Orbillion Bio – which is carving a distinct path in the nascent cultivated meat industry by concentrating on premium ‘heritage’ breeds from Wagyu to elk – has teamed up with bioprocessing specialist Solar Biotech to scale up production...
