News
Food and beverage industry news.
Upcycled Foods, Inc. Shifts From CPG To Focus On Ingredients
Upcycled Foods, Inc. is moving away from packaged goods by expanding its portfolio with five ingredients as it shifts to a business-to-business model in the upcycled food industry.
Buddha Brands Seeks Next Growth Stage With New Capital
Buddha Brands aims to drive growth through its omni-channel distribution strategy with the support of a recent $5.25 million funding round led by the Quebec-based investment fund Fondaction.
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Detour, Overnight Oats: Bar Brands Go To Auction
Forward Foods LLC, parent company to bar brands Overnight Oats and Detour, will undergo a public foreclosure and sell all assets of the two brands at auction tomorrow.
NOSH Podcast: Kroger’s Blockbuster Acquisition Shakes Up Grocery Channel
This week, the NOSH team host a panel of CPG experts to talk about the implications Kroger’s intent to acquire Albertsons and create the largest supermarket chain in the country.
XCJ Aims To Expand Reach For Authentic Frozen Chinese Street Food
Frozen Chinese food brand Xiao Chi Jie (XCJ) announced it closed a $10 million funding round to expand the accessibility of its CPG Chinese food line with the end-goal of building a generational, omni-channel Chinese food brand.
Kroger-Albertsons: Merger Sees Mounting Opposition; Unions React
One week after Kroger’s proposed $24.6 billion deal to merge with Albertsons, opposition is growing amid antitrust concerns from stakeholders and government officials.
News Roundup: Whole Foods Releases 2023 Trend Predictions; Ingredion Measures Sustainability With HowGood
In this week’s roundup: Whole Foods predicts sustainability to be a consistent theme among 2023 food trends; Ingredion announces a partnership with HowGood; Wicked Kitchen opens a fully plant-based concession stand and more.
Notable New Products: Snickerdoodle Almonds & Gingerbread Lattes
From sourdough crisps to apple cider balsamic vinegar to banana bread latte powders, this week’s new food innovations cover a wide array of categories. Check out this gallery for notable new items including a collaboration between Chubby Snacks and tbh and holiday-inspired releases from SkinnyPop and Blue Diamond.
Brainiac Foods Partners With CVS To Step Into Supplements
Brainiac Foods is bringing cognitive-health awareness to every generation of the family unit through an expanded portfolio of snacking products as well as a new line of daily supplements set to launch in CVS next month.
BelliWelli Moves Beyond Its Backyard With D2C Intel
Gut-friendly snackbar brand BelliWelli is making its first major foray into retail with a national rollout at Sprouts this week after primarily selling its probiotic, low FODMAP-certified snack bars direct-to-consumer sales for the past year.