News
Food and beverage industry news.
Is Kraft Heinz Heading For a Breakup?
A decade since they tied the knot, the Kraft Heinz union may be headed for splitsville. The packaged food conglomerate, which has been underperforming for years, is mulling a spinoff of a large portion of its grocery business.
Growth Amid Caution: Q2 Funding Trends – FABID Q2 2025 Investment Report
Despite a volatile landscape, Q2 2025 saw a 13% year-over-year uptick in total U.S. food and beverage venture funding, reaching $342M.
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New Products: Collaborations from Tony’s Chocolonely, Jel Sert and Neuro, Plus Lindt’s Dubai Style Chocolate
From strawberry cake-flavored caffeinated mints to bursting fruit snacks, this week’s new product innovations span all sides of the industry.
As Retailers Shrink The Plant-Based Set, Abbot’s Butcher Expands
Abbot’s Butcher has ridden the ebb and flow of the plant-based protein market while holding steady on its products and position. How did the business do it? We sat down with founder and CEO Kerry Song to find out.
What Will Conagra Brands Divest Next?
After selling off its Chef Boyardee, Van De Camp’s and Mrs. Paul’s businesses earlier this year, Conagra Brands may have more divestitures in store. Sean Connolly, chief executive of the Chicago-based food conglomerate, hinted Thursday that certain other brands in its grocery stable may be on the chopping block.
Simply Good Foods: Protein Portfolio ‘On The Forefront Of Generational Shift’
In its Q3 earnings, The Simply Good Foods Company reported the strength of its protein-forward portfolio, driven by the Quest and OWYN brands, despite the continued revitalization of Atkins.
ZEGO Buys Processing Facility To Support ‘Values-aligned Brands’
ZEGO has acquired a gluten-free and organic grains processing plant, land and equipment from Montana Gluten Free Processors (MGFP) in addition to launching a new venture known as the Collaborative Integrated Value Chain.
CPG Week: Keeping Up With Kardashian’s Snack Brand. Plus, A Co-Packer’s Abrupt Closure
On the CPG Week podcast, Nosh managing editor Monica Watrous and senior reporter Lukas Southard discuss the rise of Khloé Kardashian’s protein popcorn brand and the downfall of a co-manufacturer. Then, the hosts dig into the sale of a cult-favorite ice cream brand to unlikely buyers and the expansion of a bottled tea company into new snacking segments.
Reviews: Cadence Raises the Bar; Plus, BEEUP, Breyer’s Campfire Collection
In this reviews roundup, we nosh on sports performance brand Cadence’s expansion into nutrition bars, David Beckham’s family-focused BEEUP fruit snack line, and Breyer’s s’mores-inspired ice cream sandwiches.
Lexington Bakes Raises $1M To Scale ‘Like A Media Company’
Lexington Bakes has raised $1 million in a funding round led by VC firm Rainfall Ventures. The new cash will support the business as it scales up with a new co-packing partner, pipeline of retail launches and growing team.