News
Food and beverage industry news.
Concentrated Growth: Brands See Future in New Alt-Dairy Format
The alt-dairy industry has staked a claim among nearly a third of American consumers and within that new wave of plant-based milks, a handful of brands are hoping to disrupt conventional thinking around how such products are packaged and sold.
GFI: Plant-Based Seafood Sales Outpace Total Plant-Based Meat Sales
Though still just a small fraction of the total plant-based meat and seafood category, plant-based seafood dollar sales increased by 15% and unit sales grew 5% in 2022, outpacing total plant-based meat sales, according to a new report by the Good Food Institute and the Plant Based Food Association.
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Gainful Brings Personalized Supplement Powders from DTC into Brick-And-Mortar
Personalized nutritional supplement company Gainful is branching out from DTC with a national launch in Target featuring a simplified customization process to reach retail customers both online and in-store.
Apparo Inc. Earns Upcycled Certified Classification for Its Sunflower Protein Ingredients
Apparo, a plant protein ingredient company, has received the Upcycled Certified classification from the Upcycled Food Association for its Solistein sunflower protein isolates.
Good Foods Hires CPG Veteran Jennifer Tarnoff as Director of National Accounts
Good Foods, a leader in better-for-you dips and guacamole, has hired CPG sales and marketing veteran Jennifer Tarnoff as the director of national accounts.
Colavita Grows California Foothold With O Olive Oil & Vinegar Acquisition
Italian food importer, distributor and producer Colavita has acquired California-based O Olive Oil & Vinegar for $6.23 million, giving Colavita another foothold in the domestic olive oil and wine vinegar category.
Motif Foodworks Tests Direct-to-Consumer Sales
Motif Foodworks will begin selling its finished alt-meat burger products direct-to-consumer for a limited time, representing a pivot for the company’s previously stated business plan.
Brewing a Broader Audience: Influencer-Fronted Coffee Brands Seek to Make Specialty Coffee More Accessible
Over recent years, influencer-fronted brands like Chamberlain Coffee and Top of The Mornin’ Coffee, among others, have made inroads with younger coffee drinkers that may find the space intimidating or unwelcoming. New entrants continue to emerge: In November, sports podcast Pardon My Take host and Barstool Sports star Dan “Big Cat” Katz launched Stella Blue Coffee, named after his rescue dog. Three months later, TikTok star Chris Olsen introduced Flight Fuel.
PepsiCo Seeking Hispanic-owned F&B For Greenhouse Accelerator Juntos Crecemos Edition
PepsiCo’s first ever Greenhouse Accelerator: Juntos Crecemos Edition is intended to help drive growth for startup Hispanic-owned food and beverage businesses. This is the first time that the program has focused specifically on a social equity cause.
Plant-Based Gelato Brand Doozy Pots Shuts Down
Wonderlab, the maker of plant-based gelato brand Doozy Pots, is shutting down after rising costs of goods and category challenges proved insurmountable.