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Food and beverage industry news.
Goli To Remove Misleading Claims About Ashwagandha Functions, NAD Recommends
The National Advertising Division (NAD) of BBB National Programs released a statement today recommending that the supplement maker remove messaging from labels and advertising materials that claim or imply its Mixed Berry-flavored ashwagandha gummies will improve sexual function, weight loss and physical performance.
Chamberlain Coffee Grows Awareness with ‘Organic’ Swoon, Nutpods Collaborations
To say that Chamberlain Coffee is built around its eponymous namesake is to belabor the obvious. At just 21-years old, vlogger Emma Chamberlain has built an audience of 26 million followers across Instagram and YouTube without much of a gimmick to speak of; her videos include activities like driving, cleaning her apartment and making lots of coffee.
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Alt-Protein: Three Takeaways from GFI’s Investment Webinar
At the Good Food Institute’s “The Business of Alt Protein” webinar on Tuesday, panelists discussed how alternative protein founders can find new investment during a possible economic downturn and the best ways to strategize a food tech startup.
Pocket Latte Brings AAPI Heritage Into The Narrative, Expands Beyond Energy
In honor of Asian American and Pacific Islander Heritage Month, Pocket Latte co-founder and CEO Chris Young took to LinkedIn to open up about the “prejudicial hurdles and preconceived notions,” his founding team has faced as “perceived foreigners” in the chocolate category.
Brightseed Aims to Move into Functional Food Ingredients With New Capital infusion
Bioscience company Brightseed has spent years trying to identify bioactive compounds in plants proven to improve human health. Now, the company is ready to monetize its research by investing in a new ingredient manufacturing plant and bringing products to market later this year.
Retail: Inflation Boosts Food and Beverage for Walmart & Target, But At A Cost
As leading mass retail chains Walmart and Target face excess inventory and margin pressures amid high inflation, food and beverage emerged as one of the strongest CPG sectors during the retailers’ Q1 earnings reports last week. How Did Mass Retailers Perform in Q1? Walmart grew global revenue 2.4% to $141.6 billion in its Q1 of… Read more »
Notable New Products: Jurassic Park Popcorn, Sheet Pan Meal Kits and Hot Honey
This week’s new products saw brands releasing better-for-you versions of cozy weekend treats, jumping on the sheet pan meal trend and spicing things up with chili-infused honey. Check out this gallery for new items from Ben & Jerry’s and Vital Proteins as well as Jurassic Park-themed packaging from LesserEvil.
Tomorrow Farms and Perfect Day Partner for Animal-Free Dairy Milk Line
Food tech-focused company Tomorrow Farms is bringing its first product line to market with the launch of Bored Cow, an animal-free dairy milk produced in partnership with Perfect Day. Formally announced on Thursday, Bored Cow is made with Perfect Day’s animal-free whey protein, which is produced via a precision fermentation process that creates replicas of… Read more »
The Checkout: Motif Debuts Products, Secures Investment; KIND Announces Progress Toward Bee Health
In this week’s Checkout: Motif Foodworks rolls out products and secures new investment partner, KIND announces progress toward almond sourcing goals, BOOMCHICKAPOP launches its most expensive product and Abbott Nutrition reaches an agreement with the FDA to resume infant formula production
Guest Insights: Consumers Want Personalization; Diversity Is the Key
How can a brand offer a unique personalized experience to an increasingly diverse consumer base if the people developing and marketing products aren’t also diverse? TaChelle Lawson, Founder and President of FIG Strategy & Consulting, examines the connection between people and product.