News
Food and beverage industry news.
Oatly CEO: Company ‘On Track’ for First Year of Profitable Growth Since Going Public
Despite a “dynamic operating environment,” Oatly CEO Jean-Christophe Flatin claims the company remains on track to deliver its first full year of profitable growth since going public in 2021.
Inside Kraft Heinz’s Plan to ‘Play Offense With Discipline’
Kraft Heinz downgraded its full-year sales outlook, citing “uncertain times” characterized by softer consumer demand in North America and looming tariffs.
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Insider Benefit: BevNET Quarterly Data Reports in Partnership with Spate
As part of our exclusive data series for BevNET & Nosh Insiders, we’re partnering with Spate, an artificial intelligence platform that analyzes billions of data signals from Google, TikTok, and Instagram to identify emerging trends in the food and beverage industry.
Sunday Supper Taps Former Good Planet Exec As CEO, Launches $2.5 Million Seed Round
Frozen plant-based Italian food producer Sunday Supper has appointed former Good Planet COO Spencer Oberg as CEO as it readies to launch a $2.5 million seed round.
Basemakers Founder To Launch AI-Guided VC Fund
CPG industry veteran Max Baumann is launching a new VC firm, Back to Back VC, that will pair merchandising and strategy firm Basemakers’ data with AI technology to guide investment opportunities.
New Products: Collabs from Tru Fru and Athenos, Plus Khloé Kardashian’s Protein Popcorn
In this week’s notable new products roundup, Tru Fru collaborates with Tarte Cosmetics on a limited-edition sweet treat, Khloé Kardashian steps into the packaged food space with Khloud protein popcorn, and Tillamook scoops into summer with two seasonal flavors.
PepsiCo Lowers Full-Year Forecast As Consumer Confidence Declines
PepsiCo lowered its full-year earnings forecast, citing declining consumer confidence and tariff-induced increases in supply chain costs as major hurdles to growth.
Distribution: ButcherBox Beefs Up With Target, Jesse & Ben’s Heads To Sprouts
Direct-to-consumer meat and seafood seller ButcherBox has expanded its digital reach by launching on Target Plus, Target’s third-party curated marketplace.
MAHA Wants To Change the GRAS Process. What Does That Even Mean?
Just like nearly every other facet of the federal government, the current administration is working to upend business as usual. One of its latest forays includes an effort to review the controversial Generally Recognized As Safe (GRAS) self-affirmation pathway, overseen by the U.S. Food and Drug Administration (FDA).
What’s Accelerating The Organic Market?
Consumers may still be feeling the squeeze from inflation, but that doesn’t mean they aren’t willing to spend more on “cleaner” products – a sentiment that’s carried over into the organic marketplace.