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

In this week’s roundup: PepsiCo opens Impacto Accelerator applications; Acosta dubs sweets and snacks ‘accessible luxuries;’ All Yall’s Food brings on its first investor and a food safety lawyer launched campaign against Salmonella in poultry.

The USDA’s purview is regulating agricultural products and livestock that become food, but its reach in the industry stretches into other areas of health, nutrition, food access and safety. Here is a brief explainer about some of the current administration’s priorities pertaining to CPG food.

In this week’s notable new products roundup, Bob’s Red Mill takes inspiration from an ice cream parlor favorite, Rumiano unveils a new look for its cheese products and Dr. Praeger’s launches a new littles flavor.

On this week’s show, the team chats about viral candy trends, the U.S. Senate’s sweet tooth and how one company is thinking about category expansion. Later, Bain & Company VP of Consumer Products practice, Charlotte Apps, discusses details from the firm’s recent Insurgent Brands report.

Most regen food startups have pioneered their own sourcing networks, starting from the ground up to support seed-to-shelf regenerative agriculture systems – and these operations that take a bit of initial capital to get going. While venture money is already in short supply, it seems even harder to come by in this space.

Smoothie and snack brand Kencko is making the leap from e-comm to retail this week at over 1,000 Walmart locations across the country. Bringing the brand out of the digital world and onto retail shelves led to a “huge transformation” over the course of the past nine months.

After a tumultuous spring that saw the acrimonious breakup of vegan cheesemaker Miyoko’s Creamery and its jilted founder Miyoko Schinner unfold in an ugly public dispute, the two have settled their respective lawsuits.

Moving from cosmetics and pet care to coffee may seem like a stranger thing to do, but Millie Bobby Brown is making the jump. The actress and model’s new Florence by Mills coffee line stretches across 11 SKU including beans, concentrates and syrups.

General Mills’ success may have been built through stalwart brands like Yoplait, Annie’s and Cheerios, but its next phase of growth is going to rely heavily on its Gold Medal Ventures division.

Ben & Jerry’s has named its longtime CMO as the new top executive, signaling that the company will continue highlighting its role as an outspoken voice for social activism.

Launching online today, 1UP Candy is a startup co-founded by Awadis, co-owner of esports organization FaZe Clan and a YouTuber with over 23.2 million subscribers. The company, which intends to focus on non-chocolate candies, is debuting with a single product: the Sour Gummy Challenge.

Purely Elizabeth is ratcheting up its sustainability commitments with the launch of the first Regenerative Impact Program, created in partnership with farmer-focused nonprofit Mad Agriculture. The program was created via a three-year pilot partnership agreement between the two companies.

Stryve Foods announced a 37% drop in net sales year-over-year to $4.6 million during a Q1 earnings call yesterday, which executives at the air-dried meat snack maker attributed primarily to the company’s portfolio rationalization efforts.

If you’ve been craving the taste of buttery syrup in your morning coffee, wait no longer: IHOP continues to leverage its licensing arm, this time partnering with The Kraft Heinz Company to introduce a pancake-inspired line of packaged coffee hitting stores today.