Headlines
Notable New Products: Kelp Chili Crisp & S’mores-Flavored Vegan Cookie Dough
This week’s roundup of notable new products saw brands launching heat-and-eat meals inspired by global flavors, creating better-for-you, vegan versions of classic candy bars and crafting a spicy sauce with “one of the most sustainable foods on the planet.”
The Checkout: Consumers Eating At Home More, NPD Reports; Creatd Acquires Brave
In this week’s Checkout: NPD finds inflation pushes consumers to bargain grocery shop and visit restaurants less; Creatd Ventures completes acquisition of breakfast brand Brave; Justin’s continues to support the bees; and Luke Bryan makes popcorn to support the future of the agricultural industry.
Beyond The Hype, Near Impossible Expectations: How Alt-Meat Is Performing in Fast Food
In their ongoing efforts to win the hearts and minds of U.S. consumers, emerging plant-based meat giants are looking to make their case at the drive-through. But have these moves accomplished their purpose and contributed to ongoing success?
Vegan Food Company Pangea Partners with H Mart for U.S. Launch of Plant-Based Patties
Pangea Natural Foods has launched a pilot partnership with H Mart stores in Texas as part of a larger goal of expanding its plant-based patty business internationally.
Hain Celestial: Supply Volatility, Inflation Drop FY 2022 Sales -4%
Two months after downgrading its full-year guidance due to “unprecedented volatility” and “numerous challenges,” Hain Celestial announced today that net sales for the full Fiscal Year 2022 dropped 4% year-over-year to $1.89 billion.
Equitea Aims To Open Wellness Space To Communities Of Color
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.
Distribution: GOODLES Expands Retail Footprint with Whole Foods Market; Whoa Dough Takes to the Sky with American Airlines
California-based Goodles has landed its better-for-you mac and cheese in Whole Foods Market stores nationwide, marking its first placement in a natural channel retailer.
Frozen Pizza Provides Platform for Better-For-You Brands
Consumer demand for BFY frozen pizza has begun to gain ground on conventional varieties. With this increased demand, brands have begun to view the segment as a mode to expand their better-for-you comfort food lines and reach new areas of the store.
Taste Radio: When Faced With Failure, XCJ Froze… And Built A Multi-Million Dollar Brand
Jen Liao, the co-founder of XCJ, a fast-growing direct-to-consumer frozen food brand inspired by Chinese street cuisine, spoke about how rapid planning and thoughtful execution have paid massive dividends in the company’s development, why self-manufacturing was the only path forward and how XCJ is managing multiple business divisions while continuing to grow and maintain quality standards.
CBD Brand TRIP Closes Fundraise, Releases New Products
UK-based wellness brand TRIP has closed a $12 million funding round as it expands from CBD-infused drinks and oils into gummies.
