Food Industry News, Insights, and Education for the CPG Community
Soozy’s Grain-Free Celebrates 5th Anniversary; Discusses Growth, Distribution and Investment Journey
Grain-free baked goods maker Soozy’s is approaching its fifth anniversary with ingredients it believes can help the company achieve more mass appeal. In addition to shifting its positioning, the brand has also expanded its product mix and distribution, in addition to bringing on Grupo Bimbo as a new partner.
Coefficient Capital: Economic COVID is Over, But Inflation Plagues Market
As concerns about the economy worry consumers and investors alike, consumer brand investment firm Coefficient Capital and analyst firm The New Consumer have released a mid-year 2022 Consumer Trends report, based on four surveys of more than 3,000 U.S. consumers. Heading into the back half of the year, the report found that a return to… Read more »
Guest Insights: How One Brand Lost the Alcohol Without Losing the Spirit
The path to creating a successful brand is rarely a straight line. It can have twists and unexpected turns along the way. It is not uncommon to see companies rebrand, reposition and pivot multiple times.
The Checkout: Conagra Reports Q4 Earnings; Flower Foods Invests In Base Culture
In this week’s Checkout: Conagra reports Q4 earnings, Flower Foods invests in Base Culture, Amazon automates an MA Whole Foods Store with Dash Cart, The Fresh Market scraps its IPO plans and Motif Foodworks restructures with layoffs.
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How Wellfare’s Better Box Aims To Take On Food Insecurity With Center Store Items
Soon-to-expire snacks, surplus single-serve beverages and excess energy bars are the types of products that are now being donated to food insecure families through nonprofit organization Wellfare’s Better Box. The program currently distributes boxes of better-for-you grocery items nearly 800 recipient families at no cost.
Supply Chain Pressure Disrupts Recipes, Drives Inflation, According to Survey
Faced with unprecedented and extended supply chain disruptions, CPG brands are fighting back any way they can. In a June survey by ingredient-sourcing and management platform TraceGains, over 300 food, beverage, and dietary supplement companies reported having expanded their respective co-manufacturer networks and made recipe changes in order to remain agile and resilient during market disruptions.
Luxury Brand Last Crumb Closes $3M Round To ‘Go on the Offensive’ & Enter Brick & Mortar
Luxury cookie company Last Crumb has closed a $3 million seed round which will help the direct-to-consumer company fund marketing and R&D and move into an “offensive” position ahead of its next growth phase.
ISH Launches With ‘Whole System’ Approach To Alt-Seafood
ISH is taking a “whole system” approach to drive improvements in its three core pillars – human health, ecological health, and community health – and believes innovative, sustainable and healthy plant-based products are the way to accomplish that feat.
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Munk Pack Raises $5M to Accelerate Distribution; Finds ‘Sweet Spot’ in the Bar Set
Greenwich, Connecticut-based snack brand Munk Pack announced last week it closed a $5 million funding round led by an undisclosed private investor.
Foodservice Roundup: Delta’s In-Flight Menu Brings Diversity In Focus; Plant-based Partnerships Heat Up
Delta Airlines revamps in-flight offerings with a greater focus on supporting purpose-driven and diverse businesses. Plant-based products also heat up with strategic partnerships of vegan proteins in restaurants nationwide as well as a “Stranger Things” collaboration for Gopuff and matcha drinks for Joe and the Juice.
Notable New Products: Pickle de Gallo and Chamberlain Coffee Cereal
This week’s new product launches saw a cereal brand collaborating with Emma Chamberlain’s popular coffee company, new noodle shape creations and the salsa category heating up with the launch of ‘Pickle’ de Gallo.
The Checkout: Bel and Superbrewed Team Up; New Report Emphasizes Alt-Protein Investment’s Climate Benefit
In this week’s Checkout: The Bel Group and Superbrewed team up on biomass fermented proteins; a new report from Boston Consulting Group emphasizes the positives of alt-protein investments; Siete Foods opens round two of its Juntos Fund; and Smithfield settles another price-fixing lawsuit.
Brands Bring Low-Acid Coffee into Spotlight
After hiding in plain sight for years, could low-acid coffee be having something of a moment? While it may represent just a fraction of the larger coffee market, the low-acid segment has become a small but steady profit generator for a handful of rising brands looking to separate themselves from the pack, whether as a central element or as a complementary piece.
9 Notable New Food CPG Brand Refreshes
Check out this gallery for nine notable new food CPG refreshes from brands like Pastene, Nancy’s Probiotic Foods and Break Coffee Roasters. The refreshes range from updated packaging to reformulated products to name changes.
