News
Food and beverage industry news.
Brewing a Broader Audience: Influencer-Fronted Coffee Brands Seek to Make Specialty Coffee More Accessible
Over recent years, influencer-fronted brands like Chamberlain Coffee and Top of The Mornin’ Coffee, among others, have made inroads with younger coffee drinkers that may find the space intimidating or unwelcoming. New entrants continue to emerge: In November, sports podcast Pardon My Take host and Barstool Sports star Dan “Big Cat” Katz launched Stella Blue Coffee, named after his rescue dog. Three months later, TikTok star Chris Olsen introduced Flight Fuel.
PepsiCo Seeking Hispanic-owned F&B For Greenhouse Accelerator Juntos Crecemos Edition
PepsiCo’s first ever Greenhouse Accelerator: Juntos Crecemos Edition is intended to help drive growth for startup Hispanic-owned food and beverage businesses. This is the first time that the program has focused specifically on a social equity cause.
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Plant-Based Gelato Brand Doozy Pots Shuts Down
Wonderlab, the maker of plant-based gelato brand Doozy Pots, is shutting down after rising costs of goods and category challenges proved insurmountable.
New Roundup: Blue Apron Expands DoorDash Partnership; Foxtrot Names New CEO
Blue Apron expands its Heat & Eat meals partnership with DoorDash into 11 new locations, Foxtrot Market names its new CEO and Indian foods chef Maya Kaimal has released her third cookbook.
Notable New Products: Crunchy Fiery Lime Puffs & Lychee Oat Milk Chocolate Coated Almonds
In this week’s new products roundup, Pocket’s Chocolates teams up with plushie brand Miniso, PeaTos adds a new puff product to its lineup of better-for-you snacks and Monty’s unveils a new line of alt-dairy spreads.
Heritage Kulfi Premium Ice Cream Introduces Almond Blossom and Malai Sweet Cream
Heritage Kulfi, the certified minority-owned premium ice cream brand celebrated for its traditional South Asian kulfi, has unveiled two brand new flavors in its premium kulfi collection: Almond Blossom and Malai Sweet Cream.
NOSH Podcast: How Mergers Can Help Brands Scale and Survive
The NOSH team gets fooled by fake CPG products, discusses the FDA’s recent announcements concerning “healthy” food labeling and Grass Fed Foods CEO Jeff Tripician talks to Lukas about merging small businesses better compete with conventional producers.
Monogram Capital Sells Western Smokehouse, Says Deal Reinforces Supply Chain Focus
Investment firm Monogram Capital has sold meat snack producer Western Smokehouse to AUA Equity Partners, a deal that Monogram co-founder and partner Jared Stein proves out the firm’s thesis of heavily investing in supply chain-oriented companies.
“We Paced Ourselves”: How Michele’s Granola is Scaling Small Batch
Deeming 17-year-old Michele’s Granola an overnight success would be both far-fetched as well as an understatement. But unexpected explosive growth amid the early days of the pandemic has propelled the Baltimore-based business forward at a time when founder Michele Tsucalas believed it may have been slowing down.
ConAgra: ‘Value Over Volume’ Strategy Drives Q3 Growth, 2023 Guidance Raised
ConAgra Brands says its strategy towards improving margins is working as the company raised full year 2023 guidance in its Q3 earnings report this morning. The Chicago-based conglomerate updated its organic net sales guidance for the fiscal year from 7% to 7.5% and adjusted operating margin from 15.5% to 15.6%.
