News
Food and beverage industry news.
ThinkThin Founder Launches betterland foods with Perfect Day
ThinkThin founder Lizanne Falsetto is going from protein bars to animal-free dairy protein, announcing today the launch of betterland foods, a new company developing products made with Perfect Day’s animal-free dairy proteins.
Rebrand Roundup: Eight New Looks For On-Shelf Appeal
Packaging that draws consumers to a product on-shelf doesn’t always pop on screen. In today’s world of omni-channel shopping habits, where shoppers are discovering new brands in-store and online, food companies have been challenged to shift to new strategies, rethink old tactics and help their product find a new sweet spot for success.
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Good Culture Closes $64M Round, Targets $100M in Sales
Dairy brand Good Culture has taken another step towards its goal of becoming a cultured foods platform, announcing today the closing of a $64 million funding round that will support retail and product expansion this year.
Odd Burger Launches Preposterous Foods To Expedite Growth
Canadian quick-service restaurant chain Odd Burger is expanding its reach in the foodservice industry with the introduction of Preposterous Foods, a line of fast-food style plant-based proteins and dairy-free sauces.
Kraft Heinz and NotCo Announce Joint Venture
The Kraft Heinz Company and TheNotCompany, Inc. today announced a new joint venture in order to develop and launch a new line of plant-based products. While Kraft Heinz will bring its brand portfolio and ability to bring products to market quickly, NotCo will utilize its artificial intelligence (AI) platform to help guide product decisions and development.
People Moves: Kite Hill Names Blair Cornish SVP of Sales; Chris Lansing Leaves Nature’s Bakery
In this People Moves: Alt-dairy company Kite Hill names Blair Cornish as SVP of Sales, Chris Lansing steps down as Nature’s Bakery CEO, Future Meat appoints Nicole Johnson-Hoffman as CEO; Planet Based Foods names new CFO and VP of Sales; and more.
Ovation Foods Brings Nutrient-identical Eggs To Meat Snacks
With the introduction of a jerky-like Chicken Stick product line the Wisconsin-based startup, Ovation Foods, is attempting to use its proprietary beaded “whole egg” ingredient, Eggsentials, as the foundational piece of a new CPG platform.
Pebbles Producer Looks to Keto Consumer with Incredi-Bowl Launch
Post Foods has quietly launched Incredi-Bowl, a new low-sugar, grain-free, high protein cereal that the parent company is aiming to establish as the leader in the keto-friendly cereal space by replicating “the flavors and forms of your childhood favorites,” according to Incredi-Bowl senior brand manager Logan Sohn.
Nestlé Reports Full Year Results: Coffee, Nestlé Health Sciences and Plant-Based Foods See Growth
After a year filled with uncertainty, Nestlé reported strong organic sales growth in its full-year earnings results for 2021, particularly in its coffee, health and wellness and plant-based food segments.
The Checkout: Waka Coffee & Tea Secures Funding; Cell-grown Cocoa Maker Partners With CULT Food Science Corp
In this week’s Checkout: instant coffee and tea maker Waka jumpstarts growth with pre-seed funding; California Cultured receives investment from food tech investment platform CULT Food Science Corp; Kodiak partners with Pro Athletes Joe Burrow, Travis Kelce, among others; and ice cream manufacturer recalls dozens of SKUs due to Listeria contamination.
