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Food and beverage industry news.
CarobWay Introduces Its Low Glycemic Sweetener at IFT-FIRST
FoodTech start-up CarobWay, Ltd. will introduce its clean-label, low glycemic index (GI) sweetener at IFT FIRST 2023 in Chicago. The company will demonstrate the new sweetener in a gummi and an energy bar prototypes to illustrate the new sweetener’s capabilities.
Fancy Food Show: Vegan Biscuits, Lentil Meals and Magnolia Bakery Enters Costco
In NOSH’s third dispatch from the 2023 Summer Fancy Food Show, hear about how Mama’s Biscuits is targeting c-stores; what new channel Magnolia Bakery has entered; and how Lentiful is trying to make legumes a mealtime staple.
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Gelato Machines and Instagramable Goat Cheeses: Dairy Innovations Seen At Summer Fancy Foods
With innovations ranging from countertop gelato machines to Chili Lime flavored goat cheese, dairy brands did not disappoint at this year’s Summer Fancy Food show.
General Mills’ Stock Drops After Q4 Sales Fail to Meet Analysts’ Projections
General Mills’ stock dropped 5.17% yesterday after the company reported a decline in profit and net sales that failed to meet analysts’ forecasts during its Q4 earnings report.
Q&A: How Gut Microbiome Research And Grants Guide Danone’s Innovation
Yogurt has long been viewed as a staple of healthy diets, but it’s just part of a growing conversation around the gut microbiome – and one in which relevant CPG players, including Danone, are hoping to have a bigger part. We recently chatted with Dr. Miguel Freitas, VP of Health and Scientific Affairs North America, to learn what value the global food and beverage conglomerate sees in funding first party research.
Summer Fancy Food Show: Zesty Z Focuses on Snacking; RIND Rebrand
More news from the Summer 2023 Fancy Food Show floor, including interviews with snack brand Zesty Z, alt-dairy cheese brand RIND by Dina & Joshua, upcycled food brand Matriarch Foods and condiment line We Love You.
Seasoned Snacks Steal The Show At Summer Fancy Foods
BBQ, Sweet Curry, Truffle and plenty of other spices coated some of the most exciting new snacks spotted at this year’s Summer Fancy Food Show in New York City. From Rufus Teague’s new BBQ seasoned nuts to Pop Daddy Thai Honey Curry pretzels, it’s safe to say bold flavors were not in short supply.
Lucky Jack Coffee Acquired By Private Label Producer
Cold brew brand Lucky Jack has been acquired by private label manufacturer Magnum Coffee Roastery earlier this year for an undisclosed amount. Magnum has added Lucky Jack’s high-caffeine extraction IP, facility, products and manufacturing capabilities as part of the deal.
Summer Fancy Food Show: Keen Consolidates Brands, Tochi Expands Snack Lineup
Private equity firm Keen Growth Capital is putting all of its eggs (or condiments) in one chef’s basket, announcing at this week’s SFA Summer Fancy Food show the consolidation of its tomato sauce, dressing and mayo lines under a new unified brand, Colicchio Kitchen, featuring chef Tom Colicchio.
Where Will Joyful Ventures Deploy New $23M Fund?
A new $23 million VC fund is seeking scalable, early-stage, sustainable protein-focused startups to back. Launched by Joyful Ventures, the fund is specifically looking to invest in B2B businesses that have the ability to deploy multiple revenue streams and support the growing infrastructure needs of the alt-protein category.