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Food and beverage industry news.
Sir Kensington’s Answers Consumer Demand With Expanded Fabanaise Line
Last year at Expo West, Sir Kensington’s launched its mayo-substitute Fabanaise, one of the first products to use aquafaba as an egg replacement. Now the company is at it again, expanding the plant-based eggless mayo’s portfolio to include a Fabanaise made with 100 percent avocado oil.
Earnings Roundup: B&G’s Lofty Innovation Plan; Hormel M&A Pipeline ‘Full’
Over the last week, B&G Foods Inc., The Hershey Company, Pinnacle Foods, Sprouts Farmers Market and the Hormel Food Corporation each had quarterly earnings calls for analysts and investors. Here’s what the companies had to say about growth, road bumps and road maps for 2017.
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People Moves: Blue Apron Adds Hirshberg, barkTHINS Staffs Up
Some of the food industry’s most influential leaders are switching up their rosters. Here are the latest players to slide into new roles.
2x Partners and General Mills Invest in No Cow Bar Maker D’s Naturals
Today 2x Consumer Products Growth Partners (2x Partners) and General Mills’ new business and venture arm 301 INC announced an investment in D’s Naturals, creators of the “No Cow” plant-based protein bars and Fluffbutter, a protein-infused nut butter.
With bfresh, Ahold Takes on the Urban Shopper
With millennial consumers taking root in cities, retailers have realized it’s time to adapt and create store formats that appeal to this unique generation. In the Boston metro area, Ahold Delhaize has been quietly testing their own urban format: bfresh market.
Muscle Milk Maker Announces New Plant-Based Protein Platform
CytoSport is expanding its protein offerings this month with Evolve, a new complete line of protein powders, bars and ready-to-drink, shelf-stable shakes. The entire vegan-friendly platform, which contains no gluten, soy, or dairy ingredients, is made with non-GMO pea protein.
ProYo Pints to Pack Protein Into the Freezer Section
Over the past two years, frozen dessert brand Pro-Yo has seen sales of its line of high protein, probiotic enhanced “smoothie tubes” grow rapidly into roughly 1,600 stores nationwide. But founder and President Nathan Carey knew the brand could go farther with a new line.
Is the Average American’s Diet Reflecting Consumer Trends?
Consumers may be increasingly demanding cleaner labels and better-for-you food options, but a recent U.S. Department of Agriculture report is suggesting that those same shoppers may not be putting their mouth where their money is.
My/Mo Mochi Ice Cream to Help Millennial Consumers Find Love at First Bite
Last month, Whole Foods Market sparked a social media frenzy when the retailer announced it was launching self-serve freezer stations of bulk mochi ice cream in 10 regions. Now with a new CEO, My/Mo Mochi, the company behind the Whole Foods’ freezer program, is ready to step into the limelight with its own line of products.
EVO Hemp Launches Line of U.S. Grown Hemp Products
The brand, known for its line of hemp-based bars, is expanding its portfolio to include a complete line of products made entirely with U.S.-grown hemp, a first for a food brand in the US, according to the company. The new products, which include hemp hearts, protein and seed oil, expands EVO’s retail presence outside of its hemp bars that are sold in over 3,000 retailers.