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Food and beverage industry news.
Blommer And DouxMatok Keep It Sweet With New Chocolate-flavored Chip Collaboration
Blommer Chocolate Company and food tech platform DouxMatok are promising consumers a chocolate-flavored chip with 50% less sugar, higher fiber, half the calories and the taste of real cane sugar through a new collaboration, the companies announced last week. The partnership marks Israel-based DouxMatok’s first major expansion into the U.S. market.
Chomps Plans to Expand Portfolio With $80M Raise, Says ‘No’ to Company’s Sale
Having just secured $80 million in funding from venture firm Stride Consumer, meat snack brand Chomps is planning to use the capital to broaden its product assortment and make a move into convenience retail, said CEO and co-founder Peter Maldonado today.
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NACS: Grocery, C-Store Numbers Kept Falling in 2021
Nearly 4,000 U.S. food and beverage retailers – including nearly 3 % of U.S. grocery stores – shut their doors last year, according to a study sponsored by the convenience store industry.
The Checkout: Daily Harvest Fights For Farmers; Kroger Predicts Top 10 Food Trends For 2022
In this week’s Checkout: Daily Harvest fights for farmers with new partnership and campaign, Kroger publishes its predictions for the Top 10 food trends of 2022, Upward Farms to construct “World’s Largest” growing facility in Pennsylvania and Above Food and Umiami partner to develop whole cut plant-based meats.
Chomps Raises a Reported $80M
Meat stick producer Chomps announced on Thursday that it has partnered with Stride Consumer Partners to finance the next phase of its growth.
Yolélé Secures Grant To Establish Ancient Grain Supply Chain Network
The network will source fonio, among other “underutilized orphan grains,” from over 30,000 smallholder farms throughout West Africa with the end goal of creating sustainable market demand beyond the brand’s own use of this “miracle grain.”
Low Carb’s Next Generation of Loaves Rise in Retail
Over the past five years several new brands have come to the bread aisle (and freezers), looking to capitalize on the keto and low-carb movements. Unbun, Hero Bread, Carbonaut and Better Brands all believe that by creating brand identities and innovation strategies around low-carb breads, bagels and rolls, they can cater to rising consumer interest.
Better-For-You Brands Form ‘Alliance’ to Reduce Sugar Consumption
As sugar reduction continues to be a top priority for food and beverage manufacturers, seven low- and zero-sugar brands are banding together to form the Alliance to Control Excessive Sugar (ACES), a new business group dedicated to promoting better-for-you products. The group was conceived by its chairman, Super Coffee CEO Jimmy DeCicco, and includes his… Read more »
Gopuff to Launch Private Label Line
Fast delivery service Gopuff announced yesterday the launch of Basically, the retailer’s first private label product line.
Food Companies Continue to Embrace Foodservice With New Distribution
In this foodservice distribution roundup: Field Roast expands partnership with Wienerschnitzel, Numi Organic Tea now brewing at WeWork, Dippin’ Dots serves up an IncrEDIBLE Eats Spoon, Blimpie goes plant-based with new gardein menu item, Pokeworks pilots OmniPork Luncheon offering and Planet Smoothie teams up with Vital Proteins.