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

BevNET and Nosh are excited to announce an exclusive data series for Insiders! We’re kicking off this series by introducing new “State of the Category” reports with Brightfield Group.

In this week’s notable new products roundup, Club Crisps and Utz add some heat to their respective product portfolios through collaborations with Mike’s Hot Honey, Chips Ahoy unveils its first ever gluten-free cookie and MìLà teams up with comedian Nigel Ng (better known as Uncle Roger).

The future of Foxtrot is once again in question after assets belonging to the shuttered grocery chain were acquired today by Further Point Enterprises via auction for $2.2 million, according to a report from Crain’s Chicago Business.

This edition of the Nosh Insider Daily Briefing features: our official review of Jerry Seinfeld’s “Unfrosted,” a sample of this week’s new products, an exclusive interview with Punch Edibles co-founder Samantha O’Donnell, a rundown of Vital Farm’s Q1 earnings and more.

While operating for 10 years in the cannabis industry, Punch Edibles and Extracts has built an expansive portfolio, established a co-manufacturing business and has recently acquired Tempo Crackers to meet consumers in the savory categories.

The CPG Week team talks about mergers, acquisitions and restructuring news this week and why a prioritization of production capacity appears to be the through-line in many of the deals.

Don’t call it a turnaround – at least that was the attitude of Laird Superfood CEO Jason Vieth during the nutrition brand’s Q1 2024 earnings call yesterday, declaring that the “turnaround story has officially become a growth story once again.”

Globally-inspired gummy candy maker Better Sour announced today that Steve Wangler has come out of retirement to serve as the company’s SVP of sales.

Meati announced a trio of big moves today, headlined by the closing of a $100 million investment led by Grosvenor Food & AgTech.

After announcing his departure from Super Coffee last week, Tyler Ricks is taking the reins at Caulipower as its new CEO.

In this distribution roundup: Daily Harvest continues its brick and mortar expansion, Fishwife launches nationwide with Whole Foods, YUMI adds Walmart to its growing door count and more.

Los Angeles-based private equity firm Butterfly is restructuring Bolthouse Farms, separating its produce segment from its fresh juice and salad dressing business.

Two specialty nutritional foods manufacturers have combined as Pittsburgh-based TruFood Manufacturing announced today it has completed a merger with West Coast snacks producer Bar Bakers, LLC.

This week’s new product gallery reads something like a superhero team-up comic, thanks to a couple of eye-catching co-branded releases from Mondelez-owned brands Oreo and Sour Patch Kids, as well as grass-fed, flavored butter maker Churn. Plus, Mary Jones makes its first foray into D9 gummies.