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

In Kellogg’s quarterly earnings report published Thursday, the company said the protein bar brand contributed $59 million in sales during the second quarter and $110 million year-to-date.

This week our newsfeed was filled with stories of retailers trying to gain a competitive advantage — and the brands who are helping them do so.

Frozen novelty brand Chloe’s Fruit announced today the close of a series B round of funding. In 2019 the company plans to deviate from its current 2.5 oz. popsicle for the first time with two new offerings.

At this year’s IFT, research firms Mintel and Innova shared data on new consumer desires and innovation areas for target age groups that food brands should keep in mind in order to see long-term success.

Nutritional supplement company Bulletproof 360, makers of Bulletproof Coffee and bar products, has raised $40 million to fund the company’s continued growth as an omni-channel lifestyle brand.

In this week’s episode of Elevator Talk, meet Fruit Bliss — a brand that’s trying to reinvent the age-old dried fruit category using new technology. Tune in to hear Susan Leone, president of FruitBliss, discuss how the Brooklyn-based brand is using clean-ingredient lists and convenience to bring new consumers to the category.

San Francisco Equity Partners plans to use the brand as the start of a Latin-American platform.

In this week’s episode, we’re joined by the young, ambitious leaders of two trendsetting brands: Rip Pruisken, the co-founder and CEO of fast-growing snack company Rip Van Wafels, and Ely Key, the co-founder, president and CEO of innovative beverage maker Up Mountain Switchel.

Boulder-based 1908 brands announced today that is has acquired prenatal and lactation nutrition brand Bundle Organics. Terms of the deal were not disclosed. The deal comes as Bundle announces new products to take the company beyond teas and beverages and into other popular food categories.

In California, a revised FAW issued by the state Department of Public Health effectively prohibits the sale of hemp-derived CBD products, while the debate over defining an identity for the plant-based dairy category moves forward.

The collision of seemingly complementary consumer preferences — the desire to cut sugar and the desire to have a “clean label” — has actually created a conundrum for nutrition bar makers, and they’re making tough strategic decisions regarding the use of sugar alcohols as a result.

It was a busy week for the plant-based food industry and some of its leading brands. From new investments to FDA statements, here are some of the top stories you need to know.

Crack the code of fresh, convenient food? Paul Coletta, CEO of fresh food and juice brand Urban Remedy, thinks he may have done it — and he’s taking radical risks in his manufacturing, distribution and retail operations in order to prove it.

United Natural Foods, Inc. (UNFI) announced today that it will acquire grocery retailer and wholesaler SUPERVALU for $2.9 billion, including debt. Through this deal, the company said it expects to see combined net sales of more than $21 billion.