After seven consecutive quarters of revenue declines, Beyond Meat executives say they hope to turn the corner in 2024 with new product innovations, SKU rationalization, and price increases, but the company's fourth quarter and full-year results show...
Vertical farm Oishii, known for its premium strawberries and more recently a high-end tomato, is building out a larger, more sustainable facility that will increase its production capacity by “multiple folds” with the help of a $134m Series B fundraise...
Mondelez has “fixed the foundations” of its North American business and is now poised to “unlock new opportunities” in the region with a four-prong plan that executives say will deliver low- to mid-single-digit revenue growth in the coming years.
The Beyond IV platform expands on previous Beyond Burger and Beyond Beef recipes with improved nutritional content and a simplified ingredient list that align with cleaner labels, and serves as the “most significant change to the [recipe],” Shira Zackai,...
The Hershey Company may be best known for its eponymous chocolate bars, but the company is betting big on gummies this year with significantly increased production capacity to support innovation and a new partnership model, including a collaboration with...
Sustainability may not be as highly prioritized as taste or price in purchase decisions for food and beverage, but research suggests it is increasingly important to consumers -- especially younger shoppers who are coming into their buying power.
Do ultra-processed foods lead to poor health outcomes by definition? A ‘hyper-literal’ focus on definitions is not the point, suggest Henry Dimbleby and Chris van Tulleken: ‘ultra-processed food’ as a category encapsulates the toll that an industry dominated...
General Mills is ready to “unleash” the growth potential of its carefully constructed digital capabilities, including e-commerce, data-driven marketing and supply chain digitization, in which it has made “significant investments” over the past five years,...
PepsiCo is expanding beyond snacks and beverages by going after more meal occasions and dayparts while continuing towards its nutrient goals outlined in its pep+ agenda, CEO Ramon Laguarta said at the Consumer Analyst Group of New York conference this...
Startup élevé distinguishes its adaptogenic sparkling water brand in a saturated market through its vintage-inspired packaging, natural ingredients and distribution, co-founders and CEOs Tanya Major and Dianna Aguilar tell FoodNavigator-USA in this episode...
Kraft Heinz has “turned the corner” in its “transformation journey” to deliver “consistent top-tier returns” four years after abandoning a damaging strategy to grow through M&A and cost-cutting and instead invest in its iconic brands and new technology...
Earth Fare, an organic and natural grocery chain, has partnered with Merryfield for its Micro-Moments program where shoppers can scan QR codes in-store for additional ingredient education on select better-for-you brands. This supplements Merryfield's...
From understanding when to exit to securing favorable agreements with co-manufacturers, food and beverage startups are facing a myriad of business challenges that are likely to persist throughout 2024 as private-equity capital continues to dry up, Christopher...
Even as FDA stands by its decision that CBD is not safe for use in foods, beverages and dietary supplements, the agency is considering how best to ensure it is clearly labeled, safely manufactured and consumers understand what it is, according to a senior...
As the USDA, EPA, and FDA, advance their strategy to reduce food waste, the America Frozen Food Institute (AFFI) is sharing how freezing food can cut down on wasted food and provide consumers with convenient and nutritious food, the organization’s president...
Food companies and retailers increasingly are leaning on the expertise of dietitians and medical professionals to support their nutrition, health, and wellbeing initiatives, FMI -- The Food Industry Association shared in a recent report.
Super Bowl advertisers that spent millions of dollars on commercials are already seeing a boost in sales, as consumers cite increased demand for Doritos Dinamita, Lindor Chocolate, Starry, Nerds, and Poppi, according to separate reports from Veylinx and...
The discontinuation of Eat Just Inc.'s Just Mayo and Just Ranch products in 2020, despite market success, was a strategic play to “put every bit of energy into JUST Egg,” the company’s flagship animal-free liquid egg alternative, before relaunching...
Israeli company InnovoPro is bringing its clean-label, chickpea protein powered solutions to the broader food and beverage industry after proving its ability to bind, blend, foam and problem-solve other common challenges within plant-based categories....
Better-for-you confection newcomer Rotten’s early distribution gains since it launched in September underscores an unmet consumer desire for candy that cuts back on sugar and artificial ingredients, but not the fun.
Less is apparently more when it comes to the amount of sugar used in the creation of the perfect chocolate bar. So will manufacturers reduce the amount of sugar they use in the making of this sweet treat and will consumers welcome the change?
This Valentine's Day, consumers are predicted to spend a record amount on sweet treats from chocolates to gummy candies, as the confectionery industry navigates supply-chain challenges and increasing demands for better-for-you indulgences.
To continue blazing a path for gene-edited food in North America that is more convenient and nutrient-dense than conventional counterparts, food-tech startup Pairwise has decided to discontinue marketing its first CRISPR-edited product, Conscious Greens...
Finding a reliable manufacturer that can meet product specifications and has production capacity that aligns with supply needs is one of the biggest challenges brands face, but a new matching platform launching today could simplify and dramatically shorten...
Justin’s launch of its Dark Chocolate Candy Pieces continues the brand’s emphasis on offering clean confectionery ingredients that are USDA-certified organic, use Rainforest Alliance cocoa and are Non-GMO Project Verified, aligning with the brand’s corporate...
Fruit snack brand RIND acquired Vermont-based granola manufacturer Small Batch Organics for an undisclosed sum as part of an initiative to shore up its supply chain and expand into the private label business, Matt Weiss, co-founder and CEO, told FoodNavigator-USA.
With the recent launch of an AI-powered Smart Assistant, leading business-to-business e-commerce platform Alibaba.com wants to help level the playing field and increase the odds of success for small and medium enterprises and solopreneurs by simplifying...
Functional mushroom brand Odyssey Elixir raised $6m, which will help it keep up with inventory and expand its distribution, including in c-stores, company founder and CEO Scott Frohman told FoodNavigator-USA.
Bay State Milling Company’s HealthSense High-Fiber Wheat Flour joins the elite ranks of products bearing the American Heart Association’s Heart-Check Certification – an achievement that could help unlock access to consumers interested in the health benefits...
After four years in development, Swedish dairy-free start-up Stockeld Dreamery claims to have mastered the meltability experience of cheese with plant-based ingredients.
PepsiCo’s net sales declined for the first time since the start of the COVID pandemic due to lower volumes as consumers pushed back against higher prices, and supply-chain issues, the company reported Friday in its fourth quarter and 2023 full-year results.
Hershey is launching a multi-year cost-savings strategy that will lean heavily on enhanced automation and a more efficient operating model, which could result in job cuts, to help offset historically high cocoa prices and elevated sugar costs that are...
Misfits Market is opening its logistic system to perishable brands through a new service, as the company remains optimistic about the online grocery delivery market, company CEO and founder Abhi Ramesh told FoodNavigator-USA.
Winner of the first season of Netflix’s Snack vs. Chef show, Lauryn Bodden, is taking her award-winning noodle snack concept from TV screens to store shelves with the official launch of S’NOODS, as she shared in the recent episode of FoodNavigator-USA’s...
The new year sparks a refresh not only for consumers but also for Kraft-Heinz’s powdered flavor enhancer, Crystal Light, which introduced a new logo, typography, photography and packaging to coincide with its new functional product lines inspired by consumer...
Hain Celestial shares tumbled yesterday to their lowest point in at least five years after the company dropped its fiscal ’24 guidance and reported an unadjusted loss in its second quarter despite a “sequential improvement” in top and bottom-line performance...
Private-label is shaking off its fast-follower status as partnerships between manufacturers and brands become stronger, allowing for quicker innovation that responds to consumers' demand for endurable and functional products, Andreas Schneider, co-founder...
Lifestyle sports nutrition brand Ghost is expanding its footprint in the hydration category with the addition of a ready-to-drink beverage in a range of fruity flavors.
Snack company Solely is seeing the fruits of its labor as it expands distribution across natural and c-store channels and tees up a rebrand and new flavors of its products, brand CEO Simón Sacal told FoodNavigator-USA.
Tyson Foods’ multi-point plant to improve its performance, including “right-sizing” its footprint by shuttering older, less efficient chicken plants and several fresh meat case-ready facilities, is paying off as the protein packer reported better-than-expected...
From confectionery to cakes, breakfast cereals to beer, sugar is a huge part of the modern diet, but why is the cost of one of our most indulgent ingredients increasing and how will this affect both food manufacturers and consumers?
Kombucha maker Health-Ade is throwing its hat into the prebiotic soda ring again with SunSip, as consumers continue to seek out gut-health claims in the carbonated beverage category.
Alt-protein companies that heavily relied on venture capital (VC) funding are now taking a more holistic approach, including leveraging more non-dilutive financing options, to build their business in 2024, a panel of investors shared during a recent webinar...
Alternative coffee brand Blume’s founder and CEO, Karen Danudjaja, started the adaptogenic latte blend brand in 2017 when she was looking not only for a delicious and functional coffee alternative, but an alternative ritual to coffee, she explained to...
Cereal and CPG giant Post Holdings’ fiscal year is off to a strong start despite lower volumes for its retail grocery business in the first quarter as many consumers continue to be “more selective with their spend” in the face of ongoing “significant...
