Headlines

Maine is already known for its lobsters, but Ocean Approved wants the state to be known for another ocean crop: kelp. Led by new CEO Briana Warner, the company is launching a line of products under the Atlantic Sea Farms brand to bring awareness to this briny delicacy and has new investors and supply chain strategy to support this growth.

Candi Haas is the co-founder of Core + Rind, a company that has developed shelf-stable and clean label plant-based cashew cheesy sauce. As culinary nutrition experts, the founders are focused on serving healthy, all-natural foods to their target market of millennial women.

For the first time small companies with revenues under $1 billion make up more than half of IRI’s New Product Pacesetters report, which was released yesterday. The research firm’s 23rd annual Pacesetters report lists 2018’s most successful new food and beverage product launches in both major retail and convenience stores, as well as non-food by multi-outlet dollar sales.

Hummus maker Sabra named Jason Levine, former North America CMO for Mondelez International, as CMO last month.

As part of a wide-ranging interview, Mamma Chia founder/CEO Janie Hoffman spoke about the origins of her brand and how she created a foundation for its rapid ascent. She also discussed a painful lesson about hiring for experience versus cultural fit, explained her belief that “you can’t teach attitude” and why everyday happiness starts with a joyful spirit.

During its recent 2019 annual shareowners’ meeting and its 2019 first quarter earnings call, Kellogg, the largest cereal company in the U.S., shared details of its financial performance following a challenging year for the category.

Governmental agencies made several new announcements this week that could impact how brands and suppliers approach food safety.

Yesterday plant-based meat brand Beyond Meat faced the heat and emerged sizzling. The popular protein play began trading on the Nasdaq exchange under the symbol BYND and served up the year’s best IPO debut. However, the question remains, what does the company have to do next in order run alongside fellow protein players and move beyond its current market position?

The consumer craze with cauliflower shows no sign of slowing down. Today, frozen food and snack brand Cali’flour announced the close of a round of capital led by Sunrise Strategic and a leadership transition in an effort to more heavily move the business into retail.

The FDA issued new draft guidance last week for allulose, stating it intends to allow manufacturers to exclude the low-calorie sweetener from total and added sugars on Nutrition Facts labels, marking the first time a sweetener will be exempt from the total or added sugars list.