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

With PepsiCo’s innovation hub The Hive, the global snack and beverage brand has sowed the seeds of innovation. Now, it’s time to start harvesting. Last week, The Hive launched its second product, a line of savory dried vegetable snacks called Good Notes, on Amazon and Walmart.com

With the creation of a new growth platform called Advanced Micronutrient Food as Medicine, investment fund KEEN Growth Capital is aiming to bridge the gap between “average feel-good supplements” and pharmaceutical grade medications, the company announced this week.

KIND Snacks founder and chairman Daniel Lubetzky is looking beyond the snack aisle for his next bite. The outspoken executive and entrepreneur is aiming to take a fresh approach to Mexican food with the launch of his next venture, SOMOS. Joining him as co-founders are two former KIND executives, with Miguel Leal, former CMO at Cholula, also serving as CEO

In this week’s distribution roundup: Plant-based meat alternative brand Barvecue expands to Sprouts, Whoa Dough launches a Festival Foods, Ella’s Flats enter South Florida Publix, Rowdy Bar Expands to Whole Foods and SIMULATE introduces NUGGS to Stop & Shop.

Episode 42 of Elevator Talk features leaders from Popcorn Powder, New Wave Foods, Actual Veggies, The Baconer, and Blenders & Bowls. Watch founders and CEOs introduce their brands and provide a recap of recent news and updates. Our co-host is CPG sales and distribution coach Sandra Velasquez.

After reaching a joint agreement in 2019 between the U.S. Department of Agriculture (USDA) and Food and Drug Administration (FDA) to regulate cell-based meat products, the agencies are now taking steps toward establishing actual labeling requirements.

When Zoe Sakoutis and Erica Huss launched their latest venture, Earth & Star, last year with a line of mushroom lattes, the intent was always to build the brand into a “mushroom platform.” Over a year later, the vision is taking shape.

Matthew Parry, founder and CEO of canister-packaged snack brand The Good Crisp, spoke about how he has carefully navigated comparisons to Pringles, how the company’s channel and merchandising strategies have evolved to reach more mainstream consumers, and how he’s balancing rapid growth with a conservative approach to hiring.

Having tackled meatballs, sustainable seafood and functional beverages, Michael Chernow is turning his sights to fitness with the launch of health and wellness CPG brand Kreatures of Habit last month. The company’s first product is a line of functional oatmeal that can also replace consumers’ daily supplement regimens, called The PrOATagnonist.

Two years after the launch of its spoonable frozen smoothie cups, Sweet Nothings is trying something new for its second line. The brand introduced Superfood Nut Butter Bites last week, representing both an expansion into shelf-stable snacks and a push into ecommerce as it seeks to prove that it can be dynamic across categories and channels.

In this week’s Checkout, Hershey tests its new Oat Made plant-based chocolate bar in select markets; Gopuff launches an accelerator for underrepresented entrepreneurs; Equinom and Meatless Farm partner on products using a new yellow pea protein variety; and superfood powder brand Teatis secures seed funding.

Members of the natural products industry have had a sense of deja vu the last few weeks as the fate of the annual trade show Natural Products Expo East has been a hot discussion topic. Last year, show organizer New Hope shifted its shows to a virtual format, but this year the company is moving forward, having spent recent weeks attempting to address attendee safety concerns and generate enthusiasm for a return to in-person events.

Plant-based protein brand Meati is beefing up its marketing and communications team. In August, Patrick Jammet joined as VP of marketing and, last week, Christina Ra came aboard as VP, brand and communications.

For the second year, financial services firm Barclays held a virtual edition of its annual Global Consumer Staples Conference, inviting companies to share their business strategies and updates. During the event, which consisted of three days of presentations and Q&A sessions, executives addressed changing consumer behaviors post-pandemic and inflationary pressures, while also discussing their innovation plans to reshape their portfolios.