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Food and beverage industry news.
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.
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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.
BranchOut Food Closes IPO, Adds New Walmart, Costco Stores
Hot off the closing of its IPO on the Nasdaq Capital Market last week, Oregon-based dehydrated produce snacks maker BranchOut Food Inc. is expanding its business with new distribution and a U.S. Army contract to aid in the production of MREs (Meals Ready-to-Eat).
SweetLeaf Launches Two New Natural Sugar Substitute Product Lines: ‘Indulge’ Zero Calorie Sweeteners & 50% Reduced Calorie Sugars
Wisdom Natural Brands, the #1 sugar substitute brand in the natural channel, is expanding its SweetLeaf product line with two zero calorie sweeteners and three 50% reduced calorie sugars that taste, bake, brown and caramelize just like sugar
Notable New Products: Pickle Flavored Cheese Curds and Honey Hibiscus Vinegar
In this week’s roundup of notable new products, Daily Crunch and Beehive look for inspiration from the popular flavor pickle, and Banza launches what the brand says is its most requested pasta shape.
NOSH Voices: How Food Industry Innovation Can Answer Our Climate Woes
Some of the world’s largest food companies have been quick to set sustainability goals aimed at 2030 – or worse, 2050 – but are slower in taking much-needed action. Startups are driving innovation, but the pressure to scale still creates a tension. Here are three ways we can all begin to help bridge the gap.
The NOSH Podcast: When Retailers And Investors Wish You Said No
On this week’s show, the team airs grievances about the lack of natural product emojis, runs down some ice cream deals and discusses the impact of pouched products on Stonyfield’s business. Later, Carol and Jeff rehash key takeaways from BevNET Live including how investors are assessing growth and how brands can use their online identity to generate insights.
Merge Impact Unveils BEE: Biodiversity & Ecosystems Evaluation
Merge Impact, the most comprehensive data solution helping farmers and brands build ethical, sustainable, and transparent food systems, announced BEE: Biodiversity & Ecosystems Evaluation (BEE), a new solution taking another vital step toward a completely sustainable, transparent, independently verified supply chain from farmer to food brand to consumer.