Food Industry News, Insights, and Education for the CPG Community

Just two weeks into his tenure as CFO at Meati, Phil Graves is getting a promotion. The mycelium root-based protein company this week elevated Graves, a former Patagonia exec, to CEO, following the departure of president/COO Scott Tassani earlier this month.

In this week’s notable new products roundup, Rob’s Backstage Popcorn celebrates the upcoming 20th anniversary of Mean Girls, Actual Veggies seeks to reinvent the french fry and Offshore Greens turns to kelp to create a climate-friendly nutrition powder.

YouTube star Ryan Trahan has joined low-sugar candy brand Joyride as an investor and part owner as the company refocuses around the creator as its chief creative officer.

This week the team talks about cell-cultured meat’s many challenges and why unrealistic investment might be dragging down food tech companies.

Snacktivist Foods, a regenerative agriculture-focused baking mix brand, is putting its CPG line on the back burner while it works to spearhead a new ingredient supply and brokerage service.

WK Kellogg Co reported its first standalone quarterly earnings with net sales up for the FY2023 as the company focuses on supply chain management and operational efficiency.

Globally-inspired gummy candy brand Better Sour has expanded to more than 1,500 doors nationwide, including nearly 500 Target stores.

Keychain’s AI-driven B2B digital tool aims to bring transparency and simplicity to the CPG landscape by streamlining matchmaking between brands and retailers searching for compatible manufacturing partners.

After a challenging couple of years, family-owned Mediterranean foods brand Zesty Z is aiming to start a new chapter for its business with this week’s launch of a line of twice-baked pita chips.

RIND Snacks is vertically integrating with the acquisition of Vermont-based granola company Small Batch Organics and leasing a 15,000 sq. ft. warehouse where it will handle logistics and fulfillment.

Yishi has launched a new line of pancake and waffle mixes, seeking to capture a share of the $202 billion breakfast food market while continuing to bring Asian flavors to the mainstream.

In this week’s notable new products roundup, MyMochi makes its first foray into the breakfast set with mini waffles, Rudi’s expands its frozen portfolio with the addition of breakfast sandwiches and butter launches THC-infused chocolate hazelnut spread just in time for Valentine’s Day.

In good times, a rising tide lifts all boats – but right now, the hunt is on for seaworthy vessels, according to investors. Otherwise, judging by the last quarter of the year, it’s clear that the financial doldrums are going to stay for a while for brands.

WNWN aims to tap environmental sustainability and ethical supply chains solutions to win the support of multinational food corporations. But can barley-based “chocolate” make big cocoa’s cut?