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

The Hershey Company today reported Q4 net sales grew a modest 0.2% year-over-year to $2.65 billion, reflecting inflationary headwinds such as rising cocoa and sugar prices, which are expected to continue constraining earnings growth in the year to come.

In the first episode of CPG Week, Nosh Managing Editor Monica Watrous and reporters Brad Avery and Lukas Southard sit down to discuss the various M&A deals seen so far in the first month of the year.

A snack brand featured on a Netflix cooking competition is hitting retail shelves this week. “Snack vs. Chef” winner Lauryn Bodden launched S’NOODS, a brand of crunchy, noodle-inspired snacks with global flavors. The products are gluten-free and air-popped or baked. The base is made with a proprietary blend of rice, potato, tapioca and chickpea flours,… Read more »

This month, explore Ghia’s smart out-of-home strategy that conquered the non-alcoholic market, The Fresh Market, Goodles, and Pocket’s Chocolates share tips for attracting buyers and decision-makers at Expo West, get updates on Expo West with the event team, and Gerry Khermouch and Ken Sadowsky share insights on how to optimize resources during fundraising challenges.

Consumer interest in the paleo diet is past its peak. But a new platform aims to harness the diet’s essential tenets and redefine itself in “a bigger niche.”

SNAC International discussed its approach to the FDA’s 2024 regulatory agenda pertaining to sodium reduction, food labeling and processed foods and also made predictions on how flavor and function might play into bringing new consumers to the category.

Flings, a Montreal startup’s modern twist on a billion-dollar brand, is rolling out to Target stores nationwide.

As consumers increasingly lean into food-away-from-home occasions and plant based producers look for ways to differentiate and diversify their businesses, foodservice has emerged as an essential channel.

Seth Rogen is the latest Hollywood name looking to be a part of your morning cup with Houseplant Coffee, a collaborative venture announced this morning between the actor’s Houseplant brand and frozen coffee capsule platform Cometeer.

In this week’s notable new products roundup, Elmhurst 1925 announces the release of its first food product, Streusli brings its granola into new eating occasions and Good Girl Snacks releases Hot Girl Pickles.

Boston-based Jaju Pierogi has slowly built a “grassroots” brand and in the process learned the ups-and-downs of getting bigger and carving out a niche in the frozen dumpling category.

Alter Eco has shifted hands once again. Today, Texas-based investment firm Trek One Capital announced it has acquired the Fair Trade, regenerative confections and pantry staples producer. The deal closed on December 22, and terms were not disclosed.

When Norma Chu founded DayDayCook in 2012, the Hong Kong-based company was simply an online recipe sharing platform. Twelve years later, with Chu still at the helm as CEO, it’s become a publicly traded global CPG portfolio business specializing in Asian food brands.

Instacart is facing a pair of lawsuits from disgruntled shareholders seeking to recover damages for losses incurred after the online shopping platform allegedly knowingly exaggerated its growth prospects.