News

It’s no secret that the plant-based meat category has faced some strong headwinds of late. But Somerville, Mass.-based startup Tender Food believes it has developed a lower-cost, more animal-like product that it says can disrupt the space and help right the ship for meat alternatives – and it’s brought on former Oatly president Mike Messersmith to lead the charge.

In this week’s notable new products roundup, Little Spoon partners with Brooklyn Delhi, Fly By Jing teams up with Lundberg Family Farms, and Carbone Fine Food collaborates with Osmo Salt. Little Spoon x Brooklyn Delhi Direct-to-consumer kids’ food brand Little Spoon has teamed up with Indian-inspired condiment producer Brooklyn Delhi to create a limited edition… Read more »

PepsiCo’s healthy snack buying streak continues. The multinational announced today it will acquire the remaining 50% share of Sabra Dipping Company and its Geneva-based international arm Obela from Israel-based Strauss Group for $243.8 million.

Global food and beverage dollar sales are rising (2.6%) while price/mix growth (1.6%) moderates below historical averages, according to market researcher Circana’s year-end outlook for the industry.

On the podcast, the CPG Week team talks about Danone’s repeated attempts to acquire Lifeway Foods and a pending Ben & Jerry’s lawsuit against Unilever.

In this distribution roundup: Immi makes a break for the military channel, Maazah locks in Whole Foods, Mikuna rolls out to Sprout’s ‘New for You’ set and more.

Vertical farming operation Oishii has officially closed its Series B funding round at $150 million. The first tranche was announced in February at $134 million with an additional $16 million coming in over the past nine months

The latest episode of Elevator Talk features leaders from Bake Me Healthy, My Better Batch, Pistakio, House of Kajaana and Fava Joy. Watch founders and CEOs introduce their brands and provide a recap of recent news and updates. Our special co-host is Allison Ball, the founder & CEO of Food Biz Wiz, who shared her thoughts, questions and feedback with the participants.

Just months after the debut of its kids pouch line, MUSH is bringing its core overnight oats product into another on-the-go format: protein bars, launching exclusively at Whole Foods Market stores nationwide.

Keychain is garnering the adoration of a wide range of investors. Today, the B2B tech company announced it has raised an additional $15 million in a funding round led by early-stage tech investor BoxGroup.