Lukas Southard

Beyond Meat showed “solid progression” in its goal to become cash flow positive despite a net loss for Q1 2023 while also announcing a $200 million “at the market” new stock offering to help bolster its cash reserves.

Hain Celestial has downgraded its full-year 2023 guidance after posting a net sales of $455.2 million Tuesday morning, down about 9% from the same period last year.

Last week, ingredient company Sweegen received GRAS status for its new Ultratia line of brazzein sweeteners that claim to be 500 to 2000 times sweeter than regular sugar, marking another step forward in the race to create the next generation of better-for-you sugar alternatives.

Target announced its Takeoff Food and Beverage Accelerator program class of 2023. The mentorship program will help 10 emerging food and beverage brands successfully improve branding and marketing strategies.

Omsom is taking its unique branding approach to the quick-ready meal category with a 4-SKU line of Saucy Noodles, marking the brand’s first major line extension since the company hit the market in May 2020.

The Good Food Institute’s yearly report on the fermentation-based food industry showed a growing market share in new protein alternatives but a lack of funding and production capacity hampers widespread adoption.

Mighty Yum is attempting to disrupt the kids’ lunch kit category with a plant-based alternative to Lunchables that is healthier and appeals to picky eaters.

Los Angeles-based wellness brand Bloom Nutrition is branching out from powdered supplements with a four-SKU line of protein bars marking the influencer-driven company’s first foray into snack foods.

Happy Moose Juice has acquired Growers’ Refrigeration in a deal that both solved its own refrigerated storage issues and those of cold-chain CPG brands in the region where capacity has historically been hard to find.

In this week’s roundup: Bedrock Analytics unveils its ChatGPT integration; SOUND Bar brings military snacks to everyday consumers; Kellogg drops Incogmeato burger from its MorningStar Farms portfolio and more.