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

Food tech platform Voyage Foods closed a $36 million funding round last week that will help bring its full slate of innovations – including peanut-free peanut butter, cacao-free chocolate and coffee-free coffee – to consumers by the end of the year.

The U.S. Food and Drug Administration (FDA) in late April announced draft guidance for the Accredited Third-Party Certification, a voluntary program within the Food Safety Modernization Act (FSMA). The guidance aims to encourage more organizations to participate in the Accredited Third-Party Certification Program (also referred to as the Third-Party Program or TPP) which would expedite regulatory approval of foreign food and beverage into the U.S.

Food and beverage company Tomorrow Farms announced today the closing of $8.5 million in funding aimed at supporting its first product launch this summer and attracting ingredient companies with which it can partner to bring its technologies to market.

From oat milk chocolate bars to spicy chili sauces and Stranger Things-themed plant-based nuggets, this week’s new food innovations cover a wide range of categories. Check out this week’s gallery for notable new items, including new ice cream flavors from Mauna Loa alongside new product launches from BowlCut and Regrained.

In this week’s Checkout: B&G Foods reports Q1 earnings alongside manufacturing acquisition announcement; Antithesis Foods receives grant funding to scale ingredient business, HUNGRY acquires NatureBox and Chubby Snacks names Heidi D’Amelio as ‘SuperMom’ Advisor.

This Summer NOSH Live attendees will hear from executives at some of the industry’s leading brands, with both established and emerging companies taking part. Today we’re announcing five more speakers who will join us onstage June 13 and 14 at the Metropolitan Pavilion in New York, NY.

Aiming to make single use cans and bottles a thing of the past, former “trend spotter” Max Luthy and event producer-turned-beverage entrepreneur Luke Montgomery-Smith have launched Plink!, a vintage-inspired brand of beverage tablets.

Snack sales, emerging market growth and positive price realization helped Kellogg’s overcome cereal inventory issues to score a 4% increase in organic net sales during Q1 2022.

In this courtroom roundup: Kellogg’s fight against misleading veggie claims returns, Beyond Meat and Dunkin’ sued by Philadelphia plant-based meat company over trademark infringement, Motif challenges Impossible’s heme-tech patent and more.

Over two years into the pandemic, demand for CPG products has changed to reflect consumers’ need for convenience, while high inflation has fueled increased demand for self-care and wellness products, according to an IRI webinar earlier this week. Analysts from IR predicted that pandemic buying trends in CPG will continue into the next year as… Read more »

In the latest episode of Elevator Talk, we feature leaders from District Snacks, Kazoo Snacks, Fila Manila, Toodaloo and Red Belly Honey. Watch founders and CEOs introduce their brands and provide a recap of recent news and updates. This week’s special co-host is Sarah Nathan, the founder of Bloom CPG, who shared her thoughts, questions and feedback with the participants.

After completing its first year on the market, better-for-you cookie maker Mmmly is tightening up its sales strategy and refining its product with a new plant-based formulation and “stronger” packaging as it targets growth opportunities with high-end natural grocers.

Wellness aficionados know you are what you eat. But now, Huel is hoping consumers will also wear what they eat. Last month, the U.K.-based protein and meal replacement beverage maker announced its latest product line, Huelwear, a sustainably produced fashion line featuring animal-free clothing. The clothes are available direct-to-consumer via Huel’s website and the line… Read more »

The Coca-Cola Company will pay $21 million to the plaintiffs of a class action lawsuit, which alleged the company had falsely marketed its Fairlife branded milk as coming from humanely treated dairy cows.