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Food and beverage industry news.
Food Companies Continue to Embrace Foodservice With New Distribution
In this foodservice distribution roundup: Field Roast expands partnership with Wienerschnitzel, Numi Organic Tea now brewing at WeWork, Dippin’ Dots serves up an IncrEDIBLE Eats Spoon, Blimpie goes plant-based with new gardein menu item, Pokeworks pilots OmniPork Luncheon offering and Planet Smoothie teams up with Vital Proteins.
Taste Radio: How A ‘Goat’ Of Beverage And Food Investment Picks Winners
Goat Rodeo Capital managing partner Carlton Fowler reflected upon the data and business criteria that influenced the firm’s initial investments and offered his evaluation of non-portfolio DTC brands and their potential for omnichannel success. He also weighed in on the continued blurring of lines within the non-alcoholic beverage and beverage alcohol industries and explained why Goat Rodeo’s second fund will not include investments in cannabis beverages.
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Brands Launch New Treats to Sweeten January
New Year’s resolutions only last so long, and brands are already testing consumers’ will power with new sweet treats. From breakfast granolas to ice cream for dessert, shoppers will find new launches from Ben & Jerry’s, Jamie’s Farm, Egglife Foods and more this month.
Acosta: Pandemic’s Impact on CPG Industry to Continue Throughout 2022
The COVID-19 pandemic will continue to impact consumer attitudes towards shopping and eating this year, according to a new 2022 trend outlook report by sales and marketing firm Acosta. Even before the current surge of the omicron variant caused infections to skyrocket, consumers surveyed by Acosta in July and October said they were continuing to… Read more »
Instacart Aims to Compete with Delivery Services, Adding Ready Meals Offering
Instacart announced yesterday it would launch a service selling ready-to-make meals. The move is intended to help the platform better compete with food delivery services, which have increasingly diversified to offer grocery delivery.
The Checkout: Kroger Advances With Autonomous Grocery Delivery; Atlast Food Introduces MyBacon
In this week’s Checkout: Kroger expands autonomous grocery delivery partnership with Nuro, Atlast Foods introduces MyBacon with Whitecrest Mushrooms and the Upcycled Certified verification garners ‘Higher Than Expected’ food waste prevention results.
Taste Radio: We’re Focused On Blurred Lines, A ‘Deadly’ Deal And CANNnuary
Taste Radio’s hosts reflected upon last week’s highly publicized deal between the Coca-Cola Co. and Constellation Brands, the growing pool of hop-centric drinks and news of Liquid Death’s colossal funding round. They also discussed a “flamin’ hot” line extension for a not-so-NOSHy snack brand, why “Cannuary” is trending among some folks in the office and highlighted several new beverages and bites.
Antithesis Foods Pivots From Sweet to Savory Due To Scalability Constraints
Facing persistent manufacturing challenges, food science company Antithesis Foods has announced it is sunsetting its snack line Grabanzos and launching a new savory crisp brand called Protos this week.
Rollin Greens Discontinues Flagship Line to Focus on Plant-Based Meat Alternatives
Rollin Greens announced this week it is discontinuing its flagship line of Millet Tots, a better-for-you take on tater tots, in order to shift focus towards offering plant-based meat alternatives.
Opopop Launches Lower Priced Product, Seeks to Make Popcorn More Snackable
Snack brand Opopop launched with a “flavor wrapping” technology that it said would shake up microwave popcorn. Now the brand is eschewing that concept in order to launch a lower priced offering, debuting next week a line of “Peel and Pour” single-serve popcorn cups.