Food Industry News, Insights, and Education for the CPG Community

GLP-1 drugs aren’t just changing how consumers eat – they’re reshaping how they engage with wellness overall, creating meaningful opportunities for packaged food brands.

Laird Superfood has acquired vertically integrated wellness product platform Terrasoul Superfoods for $48 million, continuing its strategy to grow through M&A.

As part of ongoing efforts to strengthen its balance sheet, Simply Good Foods – the parent company of Quest, OWYN and Atkins – announced today plans to shrink its workforce by nearly 15%.

In its first-quarter earnings call last week, the company pointed to a broad, “holistic” reset across the business: slashing prices, adding value in core brands, expanding shelf space, ramping up innovation and shifting more resources into away-from-home channels.

Houseplant, the cannabis lifestyle brand co-founded by actor Seth Rogen, has teamed up with Carbone Fine Foods to introduce a limited-edition Houseplant Italian Marinara.

Cleveland Kitchen is tapping into accelerated demand for ingestible beauty products with the launch of Korean Coleslaw, a twist on the classic side dish featuring a probiotic strain that has been clinically studied for gut and skin benefits.

This week, looking at how to optimize operations as businesses scale, wondering if we should reallocate our marketing budget to gaming, and cracking open a can of pickle lager. Hey, what more could you ask for?

Walmart unveiled this week redesigned packaging across its Great Value private brand that introduces a more “modern visual identity” and consistent placement of nutritional claims.

In this week’s new products roundup, premium hummus producer Little Sesame enters the grab-and-go set, Archer Meat Snacks travels to a galaxy far, far away, and Barilla revs up its partnership with Formula 1.

Legacy Brooklyn pizzeria, Di Fara, has expanded its retail footprint by using sampling to build brand recognition outside of the Northeast.

This week on the podcast, Nosh managing editor Monica Watrous and senior reporter Brad Avery discuss Unilever’s acquisition of Grüns, Suja Life’s initial public offering, Ithaca Hummus’ plans for category domination, and Mark Anthony Brands’ purchase of Finnish Long Drink.

Food is driving sales growth in the convenience store channel, according to new data from the National Association of Convenience Stores.

Fresh protein bar innovator Perfect Bar has paired protein with prebiotics to create a new iteration that better meets current consumer demand. Michele’s Granola introduced its new Breakfast Nook line with four flavors designed to embrace the best of breakfast.

After more than a year marked by lower deal counts but rising enterprise value, the food and beverage M&A market is both cautious and selective, though deals may accelerate if macro conditions stabilize.