News
Food and beverage industry news.
Meati Launches At Retail In Pursuit of Omnichannel Strategy
Plant-based meat maker Meati is making its retail debut at three Colorado-area Sprouts Farmers Market stores this week as it sets its sights on a national, omni-channel rollout by next year. The brand launched direct-to-consumers in March and also announced it has expanded its foodservice presence to all nine locations of fast casual chain Birdcall today.
Can Pickled Fruit Be The Next Big Snack Food?
GLK Foods – the world’s largest sauerkraut producer – is gambling on the success of its pickled foods brand Oh Snap! and launching what it believes can be the next better-for-you fruit snack. The product debut comes as other fermented food brands have tried to move from multi-serve to single-serve products, with varying degrees of success.
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Notable New Products: Spicy Syrup & Edible Perfume
This week’s roundup of new products saw a variety of innovative products from several CPG brands, including edible culinary perfume and salad mixes packed in plant-based, fully compostable packaging. Additionally, RIND Snacks and Kiva Confections rolled out limited-time seasonal offerings.
Soozy’s Grain-Free Celebrates 5th Anniversary; Discusses Growth, Distribution and Investment Journey
Grain-free baked goods maker Soozy’s is approaching its fifth anniversary with ingredients it believes can help the company achieve more mass appeal. In addition to shifting its positioning, the brand has also expanded its product mix and distribution, in addition to bringing on Grupo Bimbo as a new partner.
Coefficient Capital: Economic COVID is Over, But Inflation Plagues Market
As concerns about the economy worry consumers and investors alike, consumer brand investment firm Coefficient Capital and analyst firm The New Consumer have released a mid-year 2022 Consumer Trends report, based on four surveys of more than 3,000 U.S. consumers. Heading into the back half of the year, the report found that a return to… Read more »
Guest Insights: How One Brand Lost the Alcohol Without Losing the Spirit
The path to creating a successful brand is rarely a straight line. It can have twists and unexpected turns along the way. It is not uncommon to see companies rebrand, reposition and pivot multiple times.
The Checkout: Conagra Reports Q4 Earnings; Flower Foods Invests In Base Culture
In this week’s Checkout: Conagra reports Q4 earnings, Flower Foods invests in Base Culture, Amazon automates an MA Whole Foods Store with Dash Cart, The Fresh Market scraps its IPO plans and Motif Foodworks restructures with layoffs.
How Wellfare’s Better Box Aims To Take On Food Insecurity With Center Store Items
Soon-to-expire snacks, surplus single-serve beverages and excess energy bars are the types of products that are now being donated to food insecure families through nonprofit organization Wellfare’s Better Box. The program currently distributes boxes of better-for-you grocery items nearly 800 recipient families at no cost.
Supply Chain Pressure Disrupts Recipes, Drives Inflation, According to Survey
Faced with unprecedented and extended supply chain disruptions, CPG brands are fighting back any way they can. In a June survey by ingredient-sourcing and management platform TraceGains, over 300 food, beverage, and dietary supplement companies reported having expanded their respective co-manufacturer networks and made recipe changes in order to remain agile and resilient during market disruptions.
Luxury Brand Last Crumb Closes $3M Round To ‘Go on the Offensive’ & Enter Brick & Mortar
Luxury cookie company Last Crumb has closed a $3 million seed round which will help the direct-to-consumer company fund marketing and R&D and move into an “offensive” position ahead of its next growth phase.
