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Food and beverage industry news.
McCormick to Merge with Unilever’s Food Business in $45B Deal
Spice giant McCormick & Company announced today that it has entered into a definitive agreement to merge with Unilever’s food business, excluding India, in a transaction that values the unit at nearly $45 billion.
Create Lands $20M To Scale Into Creatine Hydration Powders
Creatine gummy brand Create Wellness is moving into powdered beverages with a $20 million investment led by Alliance Consumer Growth and Impact Capital.
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Kaizen Repositions for Retail with Clearer Nutrition Messaging
Consumer interests have cycled through low-carb, high-protein and fiber-filled products during the nearly six years pantry staple brand Kaizen has been on the market. It has aligned itself with each new demand while its recipes remained the same.
‘Ndulge Bets on Frozen Greek Yogurt Bars as Protein Ice Cream Competition Heats Up
After building Keto Pint into a staple of the better-for-you freezer set for older, ketogenic and diabetic consumers, brothers Chris and Anthony Spencer have debuted a second act aimed at a different audience.
Good Girl Bags & Tags $3M Funding, Gen Z Ditches Legacy Brands, Coachella Noodle Fest & More
This week, we’re laying down the plant-based chicken law with Eat Just’s new SKU, breaking into the UK market, and getting married on the cheap thanks to a cookie delivery biz. Hey, what more could you ask for?
David Dobrik Digs Into the Details on His New Snack Brand Wavers
Influencer David Dobrik first got into the food business in 2022 via his on-premise pizza chain Doughbrik’s. Now, the YouTuber star and his company are in the snack aisle with Wavers, a brand of better-for-you snack crisps.
Lower Prices, Longer Labels: The Tradeoff Lurking in Center Store
A new report is putting numbers behind a tradeoff the packaged food industry has long understood, but rarely spells out: Cheaper products are often packed with extra additives, sugar and sodium.
New Products: Mavericks Does Sandwich Cookies, Chobani Expands Flips Line
In this week’s new products roundup, Mavericks makes its first foray into the sandwich cookie category, Chobani expands its Flips yogurt line with a campfire treat-inspired flavor and Perfect Bar taps into two major trends. WA-CHAA! Peanut snack maker WA-CHAA! has expanded its lineup with two new flavors: Sichuan Barbecue and Salt & Sichuan Peppercorn…. Read more »
Laird Superfood Loss Widens Amid Multi-Brand Push
Laird Superfood is doubling down on its efforts to become a “scaled, diversified platform with greater reach,” despite facing increased margin pressure and a wider net loss in 2025.
‘We’ve Been Here’: Lulu Asian Kitchen Leverages Target Deal To Fuel Frozen Ambitions
Restaurant group Lulu Asian Kitchen has quietly built its CPG foothold in deli but is now expanding into the freezer section.