Lukas Southard

What started as a way to treat mental health for a father and son has evolved into a wellness-focused tea brand with the support of Gwyneth Paltrow that offers both RTD cans and loose leaf blends targeting marginalized communities.

Global ingredient supplier SunOpta is banking on its new production facility, sustainability measures and culture of innovation to bring new levels of success as consumers demand more plant-based beverages and food choices.

TreeHouse Foods is selling the majority of its meal preparation business of pastas, sauces and baking goods among other private-label brands to a U.K.-based private equity firm for $950 million.

The Food Industry Association’s webinar – “Peering Into Food Inflation’s Black Box” – painted a nuanced picture of rising grocery prices, one that showed nominal increases in the cost of food relative to inflation over the past three decades.

SunOpta reported one of its strongest quarters in company history, posting a record $145.9 million in revenue on the back of a record 31% growth in plant-based food and beverage.

In April, Nespresso announced it was now a B Corp certified company creating a backlash among other B Corps who say the B Lab’s assessment process is “in serious need of repair” and the seal is being used to “greenwash” some companies.

Marketing firm Vericast explained in its “2022 CPG and Grocery TrendWatch” consumer report that brands who offer competitive pricing and promotions while optimizing the convenience of online shopping with the in-store experience are more likely to succeed across age groups during the current high inflationary period.

The grocery shopping app Flashfood has doubled its business in 2022 and saved 45 million pounds of food waste from landfills by pairing grocery retailers with shoppers looking for a discount.

The pandemic changed how consumers used e-commerce to get products delivered to their doors but the exponential growth of digital shopping platforms has subsided leaving CPG food and beverage companies to reevaluate how they strategize growth and reach consumers online.

The Hershey Company announced double digit sales growth in its second quarter earnings report Thursday morning, leading the confectioner to raise its guidance for earnings per share and sales for the second half of the year. A growing salty snacks business played a key role in revenue growth.