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News & Analysis on Food & Beverage Development - North America16-Jul-2021
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Bold Colors Boost Bakery Sales
Bold Colors Boost Bakery Sales
From nostalgic s’more to fanciful narwhal to seasonal red velvet, unleash nature’s rainbow in bakery applications like muffins, cookies, or cake mixes to elevate everyday offerings. Discover these bake-stable natural color solutions... click here
MANUFACTURERS
Move over immunity: Weight management, mental health rise as consumers remerge from lockdowns
As consumers become vaccinated and more comfortable venturing out of their home after months of lockdowns, their health remains front of mind, but their priorities are expanding from a laser-focus on immunity to include weight management and their state of mind, according to research from New Hope.... Read more
Ultra-processed foods associated with IBD raises questions about specific emulsifiers, additives
Ultra-processed foods, such as packaged baked goods, sugary cereals and ready-to-eat meals with food additives and high levels of added sugar, fat and salt, but low levels of vitamins and fiber, are in the spotlight again after research published this week in The BMJ found an association with higher risk of inflammatory bowel disease.... Read more
Suja Juice acquired by private equity firm: 'We have many, many growth opportunities ahead'
Suja Juice, which helped mainstream the cold-pressed juice category, has been acquired by private equity firm Paine Schwartz Partners for an undisclosed sum, following a year of "unprecedented revenue and profit."... Read more
Schumer bill mandates legal pathway for CBD supplements, directs FDA to set safe upper exposure limit
A bill put forward by Senate Majority leader Chuck Schumer, D-NY, to decriminalize marijuana includes language on CBD that has been welcomed by supplement industry stakeholders.... Read more
‘We want people to eat more plants…’ Wicked Kitchen debuts in US, raises $14m
Wicked Kitchen – a plant-based brand developed by chefs and mushroom enthusiasts Derek and Chad Sarno that has been a hit in the UK – is hoping to make a bigger splash this side of the Atlantic after securing $14m in a Series A round co-led by Unovis Asset Management and Thailand-based NRF Nove Foods.... Read more
Gerber expands sustainability goals to test potential nutritional benefits of regenerative agriculture, further reduce carbon emissions
Childhood nutrition giant Gerber is teaming with the Rodale Institute and Michigan State University to test whether more sustainably grown food is not only better for the earth, but also for children, as part of an ambitious, multi-prong commitment to reduce carbon emissions announced today.... Read more
“Oatly will likely never make money in a notoriously fickle and deflationary food industry,’ claims activist short seller; Oatly ‘rejects all these false claims’
Shares in Swedish oatmilk maker Oatly – which went public in May – dropped sharply on Wednesday following a report from New York based activist investor and short seller Spruce Point Capital Management arguing that “the walls are collapsing on Oatly’s ambitions to dominate the oat milk market.”... Read more
Conagra Brands battles inflation with increased prices and continued innovation
As grocery buying settles into a new, less-frenzied norm, many major food companies including Conagra Brands are dealing with the rising costs of doing business in an inflationary environment by raising the prices of their finished products.... Read more
Springdale Ventures embarks on next chapter of growth with new hire and plans to raise second fund
Austin, Texas-based Springdale Ventures, a venture capital firm which has invested in a number of high-growth CPG brands, is on the cusp of its next chapter of growth with the appointment of a third general partner and is embarking on plans to raise its second fund, which will be towards investments in "transformational" brands, says co-founder and general partner Genevieve Gilbreath.... Read more
Flow Beverage Corp debuts on Toronto Stock Exchange, posts 97% surge in revenues in first half
Common shares in naturally alkaline spring water Flow Beverage Corp. began trading on the Toronto Stock Exchange today (ticker symbol 'FLOW'), following the company’s reverse takeover transaction via a three cornered amalgamation with RG One Corp. and Flow Water Inc.... Read more
 Investing in the Future of Food: How to restore customer loyalty tested during the pandemic
Forced by the pandemic to change where and how they buy groceries, consumers in the past 16 months have been exposed to a wide range of shopping experiences – online and in store, good and bad – which simultaneously eroded their loyalty and raised their expectations of retailers.... Watch now
Wanted: Chicken or fish alternatives that 'replicate or outperform' animal products... XPRIZE unveils semi-finalists in $15m global 'Feed the Next Billion' competition
From Air Protein - a startup manufacturing protein out of thin air*; to Meati Foods and Atlast Foods - fungi-fueled firms making whole cut ‘meats’ from mycelium; to a flurry of cell-cultured meat players including BlueNalu, GOOD Meat, and Wildtype; 28 firms have been selected as semi-finalists in the $15m global XPRIZE ‘Feed the Next Billion’ competition.... Read more
‘We are excited to understand its potential’: Nestlé confirms move to explore cultured meat sector
The world’s largest food company has confirmed it is eyeing the cultured meat sector after a leaked report revealed a tie-up with Israeli cell-based start-up Future Meat Technologies.... Read more
Honey Mama's brings chilled cocoa truffle bars nationwide with Whole Foods distribution
Oregon-based Honey Mama's and its truffle-like chilled cocoa bars made from five organic whole food ingredients is entering Whole Foods stores nationwide, where the brand is aiming to bridge the gap between the chocolate and wellness bar categories.... Read more
 NEW PRODUCTS GALLERY: PeaTos takes on Doritos, RXBAR launches plant-based line, Clif enters cereals aisle
In FoodNavigator-USA's latest roundup of new product launches, we include Clif Bar's first foray into boxed cereals, PeaTos' fiber- and protein-fueled take on Doritos, RXBARS's new plant-based bars, and a wave of products focusing on keto and low-or no-sugar claims; immune health; and digestive health.... See more
PepsiCo aims to build on surging Q2 net sales of 20.5% with better-for-you beverages, snacks
PepsiCo’s net sales surged 20.5% to $19.22bn in the firm’s second quarter, zipping past expectations of $17.96bn, thanks in part to increased consumer mobility boosting demand for the firm’s iconic beverages at restaurants, events and across channels that cater more to on-the-go lifestyles.... Read more
Coca-Cola launches reformulated Coca-Cola Zero Sugar in the US
Coca-Cola Zero Sugar is rolling out with a new recipe and packaging in the US, with the product promising ‘an even more iconic Coke taste’.... Read more
CBA: A federal Office of Supply Chain Resiliency is “imperative” to repair weaknesses revealed by pandemic
As legislators continue to negotiate an infrastructure deal, the Consumer Brands Association urges democratic leaders to include the creation of a federal Office of Supply Chain Resiliency to address ongoing challenges exposed and magnified by the pandemic and to improve future emergency preparedness.... Read more
Executive order targets ‘big ag,’ other ‘monopolies’ to help small farmers, entrepreneurs & food system weaknesses
Citing “abusive actions by monopolies,” including “big ag,” that “lead to mass layoffs, higher prices, [and] fewer options for workers and consumers,” President Joe Biden Friday signed a sweeping executive order that tasks more than a dozen agencies with enhancing competition in the US.... Read more
Good mood food? NURA USA targets food & beverage market with serotonin precursor 5-HTP
With brands now infusing their wares with everything from passionflower to hibiscus to deliver a sense of calm and wellbeing, the time is ripe to take 5-HTP - a mood support ingredient historically confined to the supplements market – to a broader audience, says one firm hoping to make a splash with the serotonin precursor in the food and beverage market.... Read more
NuSkool Snacks finds growth in recovering snack and nutrition bar category: 'Our retail numbers are off the charts'
Despite overall declines of the snack and nutrition bar category over the past year, NuSkool Snacks (formerly MCTco) saw demand for its brand – and other low-sugar bar products like it increase – reports founder and CEO Joe Christensen.... Read more
 Soup-To-Nuts Podcast: Consumer reliance on coupons rises with economic fallout from the pandemic
Ever since The Coca-Cola Co. offered the first coupon in 1887 for a free glass of Coke at “any dispenser of genuine Coca-Cola,” coupons have helped manufacturers drive sales, stores generated foot traffic and both build loyalty -- but pandemic-related shifts in where and how consumers shop and the economic fallout of lockdowns has changed how brands, stores and shoppers engage with coupons.... Listen now
Aussie brand Remedy Drinks brings zero-sugar kombucha stateside
As the #1 selling brand in Australia, New Zealand, and the UK, and the fourth largest kombucha company globally, producing more than 90 million cans per year, Remedy Drinks is seeking to replicate its success in the US market where it says consumers are short on zero-sugar, shelf-stable options within the kombucha set.... Read more
Nestlé USA chief strategy officer talks e-commerce: ‘For last mile delivery, we've done a bunch of experimentation in the last year...'
Nestlé USA’s online sales grew more than 160% in 2020, with e-commerce sales accounting for 40% of its US growth, but there are still a ton of opportunities to reach more shoppers online, chief strategy officer Mel Cash tells FoodNavigator-USA as the firm seeks to build a $1bn e-commerce business in the US this year.... Read more
Stricter nutrition standards threaten school meal program participation, funding, argues SNA
The School Nutrition Association (SNA) wants Congress to once again delay stricter sodium targets and roll back whole grain requirements for school meals out of fear that students will reject the changes and drop out of feeding programs, many of which are already under financial duress due to the pandemic.... Read more
McCormick leans on influencers, digital engagement to empower consumers in the kitchen
Flavor and seasoning giant McCormick & Co. is empowering consumers to take the cooking skills they honed during the pandemic to the next level with stepped-up digital marketing and influencer-partnerships featuring more sophisticated herb blends, creative recipes and a broader range of products.... Read more
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Fast Drying Finish
Fast Drying Finish
GPC ingredients designed for coatings are fast drying, flavor free and function as strong binders for seasonings. Contact GPC today... click here
SUPPLIERS
Comet Bio closes $22m Series C to ramp up production of upcycled sweeteners, and prebiotic arabinoxylan, the ‘Cadillac of fibers’
Comet Bio – a startup developing functional fibers and sweeteners from upcycled ingredients – has closed a $22m Series C round led by private equity firm Open Prairie, with support from Louis Dreyfus Company, BDC Capital, and existing investor Sofinnova Partners.... Read more
‘The most sustainable option in the food industry…’ Noblegen opens CAD$500m Series C round to commercialize suite of ingredients from ancient microbe euglena gracilis
Canadian startup Noblegen has opened a CAD$500m Series C capital raise as it seeks to commercialize a suite of products from the ‘ancient microorganism’ euglena gracilis, which can produce everything from proteins that behave like animal proteins, to beta glucans that can replace methylcellulose and titanium dioxide… without genetic engineering.... Read more
Tate & Lyle spins off industrial sweeteners, starches division to focus on specialty food and beverage solutions
Tate & Lyle has struck a $1.3bn deal to sell a controlling stake in its 'Primary Products' industrial sweeteners and starches business in the Americas to private equity firm KPS Capital Partners, as it focuses on specialty sweeteners, fibers, texturants and other high-value food & beverage ingredients.... Read more
From Vital Proteins to Liquid IV, Wellmune beta-glucan gains traction in food & bev applications as formulators seek to make immunity claims
Wellmune – a branded beta glucan ingredient claimed to ‘prime’ the innate immune system, the body’s first line of defense against invasion by pathogens – is attracting growing interest from food and beverage brands as well as supplement products as immunity has moved up the priority list for shoppers in the wake of the pandemic, says brand owner Kerry.... Read more
UPCOMING SUPPLIER WEBINARS
The Right PET Injection Solution to be More Competitive in a World With More Package Variability
The packaging industry is seeing a huge trend toward more SKUs, shorter production runs, and more frequent design changeovers. To succeed in today’s evolving market, producers must ensure they are selecting the right systems that will provide the flexibility and adaptability to transform these market...
20-Jul-2021
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UPCOMING EDITORIAL WEBINARS
Solutions for new plant-based dairy alternatives
In this editorial webinar, we look at plant-based dairy alternatives to see what’s new, what’s making the end products better, and what’s appealing to the end consumer.
29-Jul-2021
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ON-DEMAND WEBINARS
Honey Essential: How Essential is it to ensure Honey Authenticity?
NEXCO is a globally recognized specialist in honey processing and trade. This webinar outlines NEXCO’s approach to honey authentication, exploring how the company employs NMR technology and the FoodScreener Essential from Bruker in its analysis. Using a series of best practice approaches and real-world examples...
08-Jul-2021
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Satisfaz las necesidades de los consumidores e innova para ofrecer auténticos caprichos con postres sin lácteos.
Aproximadamente la mitad de los consumidores estadounidenses creen que los productos de origen vegetal son más saludables. Y el 30 % de las personas en Latinoamérica tiene la intención de consumir más productos de origen vegetal a raíz de la pandemia. Estas tendencias están conduciendo...
15-Jun-2021
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Meet consumer needs and innovate for true indulgence with dairy-free desserts.
About half the US consumers believe plant-based products to be healthier. And 30% of the people in Latin-America intend to eat more plant-based due to the pandemic. These trends are leading to more innovation in dairy free products. Replacing the texture of dairy in...
15-Jun-2021
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2021 Food and CPG Packaging Trends: Opportunities and Implications
Learn the top trends in the production of food and consumer goods packaging, and what they mean for you as a producer.
03-Jun-2021
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Overcoming Obstacles in Creating Authentic Plant-Based Eating Experiences
Authenticity is the holy grail in plant-based applications and as more brands and products enter the market, consumers have become more discerning in their taste expectations and are demanding an authentic experience that is just as great tasting as the animal-based options. In this webinar,...
25-May-2021
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Innovative Weight Management: 2021 New Discoveries. New Product Types. New Opportunities.
Consumer preferences for weight management are shifting: they still want rapid results, but they want consistent progress, and they want it to be easier. From traditional supplements to new product forms like beverages, shakes, sports nutrition and meal replacement, there are new opportunities for product...
12-May-2021
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MARKETS
Researchers find Griffonia supplies holding steady, but information gaps are major concern
The demand for mood support supplements based on 5-HTP has raised concern about the sustainability of the botanical Griffonia simplicifolia, the source of the ingredient. The authors of a recent paper said more information is needed to make sure the plant is not nearing a tipping point beyond which it might start to disappear in the wild.... Read more
Instacart brings on new CEO, who 'will simply be a better CEO than me for Instacart’s coming years,' says founder
Instacart has appointed one of its current board members and former Facebook exec, Fidji Simo, as CEO of the online grocery shopping platform, effective August 2, replacing current CEO and founder Apoorva Mehta who will be transitioning to the role of executive chairman.... Read more
ONLINE EVENT
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Growth Asia Series: Healthy Snacking | Tuesday 13 July
Growth Asia Series: Healthy Snacking | Tuesday 13 July
Join our Growth Asia episode on Healthy Snacking where we will be talking to expert speakers about the boom in APAC’s snacking market and how companies are adapting to consumer needs to deliver healthier options. Register now for free... click here
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