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

Office Hours returns Tuesday, June 16 at 3 p.m. ET. Jeff Klineman, BevNET’s Editor-in-Chief, will bring Melissa Facchina and David McCormick, two of the leaders of Siddhi Capital and Siddhi Ops on the livestream to discuss money and operations and take questions from viewers.

In this week’s Checkout, UFCW urged Congress to protect grocery and food production workers; as demand remains high, Instacart raised $225 million; and FMI studied grocery shopping trends before, during and beyond the pandemic.

Alex French, co-founder & CEO of Bizzy Coffee, spoke about how online research sparked the launch of Bizzy, how the company sourced data from retail partners and customers via its packaging, learnings from the failure of the brand’s coffee shots, why buyer presentations are as important as the product itself and valuable tips about how to stand out on Amazon.

Appetizer brand Savorly won the NOSH Virtually Live Summer 2020 Pitch Slam, with judges seeing promise in the frozen products for parties, snacks, sides and more. The two-part competition, presented by 301 Inc., first began Tuesday with 12 contestants who each presented a two-minute virtual pitch before judges cut the list down to six.

Nestlé Health Science (NHSc) announced yesterday that it had acquired the majority of collagen-focused function food and supplement brand Vital Proteins. Part of the motivation to explore a sale the company said, was to support further expansion into new channels and geographies — particularly Asia and Europe.

A year after raising money from VC firm Sunrise Strategic, Cali’flour foods has changed up its senior staff and acquired its copacker. The moves, Sunrise founder Steve Hughes said, are in response to both the COVID-19 pandemic and to better prepare the brand for expansion.

Danone North America announced today its partnership with Brightseed, a biosciences company which maps plant nutrients using artificial intelligence technology, to identify previously unknown nutritional benefits from plant-based ingredients used in Danone products.

Six food brands were selected from a field of 12 for Thursday’s final round of NOSH’s Pitch Slam 8 presented by 301 Inc., the first edition of the pitch competition to be conducted virtually.

With more than 30 sessions over two days, BevNET and NOSH’s Virtually Live event will take over your computer on June 23 and 24 — and serve as a learning and insights platform for much longer. We’ve posted our extensive agenda today! Here are some highlights from the main stage and breakout sessions.

Keto and Co found a dedicated consumer base online, but now the brand sees promise in reaching more consumers who are less strictly adherents of the ketogenic diet but for whom its attributes — low carbohydrates and low sugar — are also appealing. To do that, the brand will add over 3,000 new doors in the coming months.

CrossFit saw several of its food and beverage brand partners end their affiliation with the fitness brand over the last 24 hours in response to a tweet by founder and CEO Greg Glassman about racism and public health.

Since its launch in 2018, Massachusetts-based brand One Mighty Mill has aimed to “revitalize local food systems” with products made using locally sourced, fresh-milled wheat, starting with bagels and tortillas. Now, the brand is focused on sustainably scaling its wheat supply chain and expanding distribution beyond New England as it goes deeper on its snack offerings, launching two new pretzel flavors and a hummus and pretzel snack pack at Whole Foods.

After weeks of speculation, Utz Quality Foods LLC announced this morning a new partnership with Collier Creek Holdings to combine and go public as a snack food platform under the name Utz Brands. To achieve its goal of becoming the fastest growing pure-play branded snack platform of scale in the U.S,” Utz is planning a variety of operational, marketing and distribution upgrades.

The Sugar Association wants the FDA to issue stricter labeling guidance on alternative sweeteners in order “to stop misleading claims about added sugars content.” But industry stakeholders argue that product labels are transparent enough, and consumers aren’t confused or concerned.