News
Food and beverage industry news.
Upcycled Ingredient Makers Eye Brewer’s Spent Grains
Brewer’s spent grain has often seemed like a perfect fit for upcycled food companies but the challenges to getting widespread adoption by breweries goes beyond supply and demand.
Hain Celestial: Positive Gross Margins, Bottom-Line Growth Reaffirm FY 2023 Guidance
New York-based organic and natural products company Hain Celestial announced today that net sales for Q1 FY2023 decreased 3% year-over-year to $439.4 million.
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Proper Good Closes $3.5M Seed Round To Support Retail Debut
Shelf-stable, direct-to-consumer meal brand Proper Good has closed a $3.5 million seed funding round to support its recent expansion into brick and mortar retail with a rollout to over 2,000 Walmart stores nationwide.
COP27: Climate Change Fight Turns Focus To Food
Transitioning to regenerative agriculture, utilizing upcycled food streams, adopting plant-based lifestyles and, of course, reducing carbon footprints, are set to play key roles in current global conversations around climate change.
Castle Hill Foods Introduces 3 New Varieties to Its Pluck Line
Functional food supplier Castle Hill Foods – creator of the first ever organ-based seasoning – introduces three new varieties to its Pluck line of seasoning.
TBH Adds to Exec Team with New Co-CEO, Will Launch Single-Serve & New Products
Low-sugar dessert spread TBH has announced co-founder Ba Minuzzi will step into the role of co-CEO alongside existing CEO Elana Guberman.
Maple Leaf Foods Faces System Outage Following Cyberattack
Ontario-based meat and plant-based foods producer Maple Leaf Foods has suffered a system outage due to a “cybersecurity incident,” the company announced Sunday. In a press release, the company – Canada’s largest meat and poultry producer – said it “took immediate action and engaged cybersecurity and recovery experts” to restore the system, but noted it… Read more »
Notable New Products: Fruit Juice Gels & Caramelized Turkey Ice Cream
This week’s roundup of new products saw brands kicking off the winter holiday season early with peppermint-flavored seasonal offerings , tipping the Scoville scale with new hot sauces and creating better-for-you chocolate truffles.
News Roundup: CPG Giants Take Action Through Sustainable Market Initiative; New Culture Secures Investment
In this week’s roundup: CPG execs take action on regenerative ag, New Culture names new investment partner, celebrity chef Kai Chase launches new spice platform and Impossible’s patent holds up amid fight with Motif.
Chamberlain Coffee Names Liz Ahern as CMO
Amid continued efforts to ramp up its omnichannel growth, Los Angeles-based specialty coffee brand Chamberlain Coffee has named Liz Ahern as chief marketing officer, where she will be tasked with overseeing brand strategy, distribution expansion and integrated campaign planning and execution across all marketing touchpoints.