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Food and beverage industry news.
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.
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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.
Albertsons Dividend Payment Restrained Amid State AGs Litigation
Albertsons is working to overturn a temporary restraining order (TRO) “as quickly as possible,” in order to unshackle its ability to divvy up $4 million in special cash dividend payments to shareholders, previously set to be paid on Monday, November 7.
NOSH Podcast: Community-Supported Banking For A Better Food System
On this week’s show, the NOSH team discuss creators embracing the CPG industry and Charley Cummings, founder and CEO of Walden Mutual talks about the company’s plans for creating a digital bank that can be “means to an end” for a more sustainable, locally-focused food system.
Stryve Founder Departs Meat Snack Company as It Considers Move Into Pets
Joe Oblas, has departed Stryve Foods, the meat snacks company he co-founded in 2017. According to Oblas and trademark filings, the company will be adding new products in the pet food category.
Kellogg’s: Guidance Raised, Snack Sales Flourish
The Kellogg Company reported Thursday morning $4.1 billion in organic net sales and raised its full-year 2022 guidance on the back of its strong snack category growth during its third quarter earnings report.
Cargill Research Highlights Mainstream Appeal of Plant-Based Dairy
Consumers continue to have a healthy appetite for plant-based dairy alternatives, with a majority of Americans reporting an uptick in consumption over the last 18 months, according to new research fielded by Cargill.
Cascadia Managing Brands Adds Social Media Creation and Management Service
Cascadia Managing Brands, a leading food and beverage Brand Management and Consultancy firm, is once again adding food items to its repertoire and adding Social Media Creation and Management to its growing menu of services.
Mondelez: Demand For Snacks, Sweets Drive Revenue Growth
Global snack giant Mondelēz International reported an 8.1% increase in net revenues during Q3, largely driven by organic revenue growth and the impact of recent acquisitions including Clif Bar and Greek snack brand portfolio Chipita.