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

EnWave Corporation has sold its Moon Cheese snack brand to Creations Foods along with a royalty-bearing commercial license agreement to produce cheese snacks in the U.S. as the food drying technology company strategically focuses from retail CPG to licensing partnerships.

We’re inviting the local Boston CPG community to our HQ office on Thursday, April 13th for a food, beverage and beer industry meetup. Join our BevNET, NOSH, Brewbound and Taste Radio teams from 6 PM to 8 PM ET for networking, beverages and light appetizers. We also encourage you to BYOS a.k.a. “bring your own samples” for others to try!

Facing a net loss of $15.6 million in Q4 2022 – up 126% year-over-year – plant-based food and powdered drink brand Laird Superfood said it is emphasizing turnaround efforts in the new year during an earnings call this week.

Swedish oat beverage maker Oatly announced that revenue increased 4.9% year-over-year to reach $195.1 million in Q4, while also informing investors that it had secured $425 million in financing commitments that will allow the business to grow as it looks to reach “self-sufficiency.”

Circana, the new combined company name for IRI and the NDP group, announced today the second cohort of 13 consumer packaged goods companies for its Diversity and Advantage program (DAP), eight of which are food and beverage brands.

A day ahead of Expo West, news broke that Patagonia Provisions had acquired climate-friendly snack brand Moonshot Snacks, the CPG brand of carbon management platform Planet FWD. A week prior, Planet FWD had announced a new partnership to join forces with Climate Neutral, a carbon credits certification program.

Has a new report touched off industry panic over erythritol? Judging by Expo West, perhaps not quite yet. A week before the show, scientific journal Nature Medicine released a study claiming that erythritol was linked to elevated rates of heart attack and stroke.

Filmed at Expo West 2023, in this interview The Kraft Heinz NotCompany CEO Lucho Lopez-May shares how the joint venture has approached innovation and is bringing plant-based alternatives to the Kraft Heinz portfolio.

In a roundup of news spotted at Natural Products Expo West 2023: Stryve rethinks its packaging, dropping the term “biltong;” Midnight reformulates to incorporate scientifically backed ingredients; and Fabalish expands its portfolio and launches a new look.

In our third video recap from last week’s Natural Products Expo West 2023 in Anaheim, the team breaks down the latest news and updates from the event, including how a number of brands are trying to topple Uncrustables as well as a new target consumer (and use case) for functional foods.

In our third dispatch from the show floor of Natural Products Expo West 2023: Fatso’s new owners share their plans for the brand; Hershey’s discusses their snacking strategy; and UmYum plans for the U.S. debut of its plant-based cheeses.

Venture backed CPG is breathing a sigh of relief for the moment after the federal government stepped in to fully protect all depositors at Silicon Valley Bank after its collapse last week.

In our second daily recap from Natural Products Expo West 2023 in Anaheim this week, managing editor Marty Caballero and reporter Adrianne DeLuca break down the latest news and updates from the event.

In our second report from the show floor of Natural Products Expo West 2023: Cali’Foods picks up Mikey’s as part of a larger expansion plan; Miyoko Schinner shares her story; and MeliBio unveils plans to enter CPG.