News
Food and beverage industry news.
Curious Plot Announces Four Foodie Curiosities to Pay Attention to in 2024
According to the consumers most likely to set these trends, think cooking skills, global flavors, sustainability and functional ingredients.
New Products: Collabs From Last Crumb and Boulder Canyon; BFY Animal Crackers
In this week’s new product gallery, Last Crumb teams with Fly By Jing for a special holiday collection, Impossible debuts its new plant-based franks in the Big Apple and The Good Crisp heats up its lineup of cheese balls.
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Quinn Snacks Calls Quits on Popcorn as it Pushes Forward on Salty Snacks
Quinn Snacks is discontinuing its microwave popcorn SKUs in favor of focusing exclusively on its higher-margin pretzel products.
Campbell’s: Q1 Earnings As Expected; Growth From Snack, DSD and Sovos To Come
The Campbell Soup Company celebrated the recovery of sales lost to private brands in 2022 across its top three Thanksgiving-driven categories – results that president and CEO Mark Clouse said indicate a notable shift in consumer behavior and cooling inflationary pressures in Q1.
Ozempic & CPG: Fear & Loathing, Or False Alarm?
The long term impact of GLP-1 drugs on consumer behavior remains to be seen but many CPG food and beverage companies are already preparing.
J.M Smucker: Hostess, Uncrustables and Coffee Bolster Earnings Results
Though margin improvements have helped cushion some of the impact, recent pet brand divestments helped push net sales at J.M. Smucker Co. were down 12% during Q2 according to the company’s latest earnings report.
SNAX-Sational Brands Announce Mike Hagan as CEO and Scott Peterson as EVP Finance in Board and Brand Transition
Florida-based snack incubator and snack CPG innovator, SNAX-Sational Brands, founders and developers of the notable Cookie Pop, Candy Pop and Cereal Pop snacking titles dominating the popcorn space, as well as gluten-free snacking leader Pasta Snacks, officially announces that Mike Hagan has joined the company as CEO, and Scott Peterson joins as EVP Finance.
Orbit Financial Capital in Advance Stages to Raise USD 100 Million for Green Laxmi Foods Pvt Ltd.
Orbit Financial Capital, a leading investment bank and financial services firm, announced that it is in advanced due diligence process for a USD 100 million capital raise for Green Laxmi Foods Pvt Ltd (GLF), an innovative Indian food and beverage company.
NOSH Live Winter 2023 Day Two Recap: Turning Challenges Into Wins As A Founder
At NOSH Live Day Two, industry leaders discussed the power of disruption, how the struggle of being an emerging brand’s founder is part of the growth and why setting realistic goals can lead to long-term success.
Lentiful Emerges Victorious From NOSH Pitch Slam 14
Lentiful has been crowned the champion of Pitch Slam 14, NOSH’s annual pitch competition for emerging food brands sponsored by PepsiCo Ventures Group.