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

After its primary lender pulled nearly two-thirds of the company’s available cash, Meati – once valued at $650 million – is reportedly slated to sell for $4 million.

For the second time in two years, Hain Celestial is once again changing its leadership team and initiating a strategic portfolio review after reporting Q3 net sales dropped 11%.

Alt-meat purveyor Beyond Meat has launched Beyond Chicken Pieces at over 1,900 Kroger stores nationwide. Capitalizing on consumer demand for high protein, the unbreaded chicken product features 21 grams of plant-based protein per serving.

Cuts across the Department of Health and Human Services (HHS) have hit the FDA especially hard. Hear why former Human Foods Deputy Commissioner Jim Jones is now questioning the agency’s ability to keep functioning.

Today, attorneys general from 19 states and Washington, D.C., filed a lawsuit in Rhode Island federal court challenging staffing cuts across the Department of Health and Human Services (HHS). Those cuts have reduced the department’s headcount by one-quarter, impacting nearly 20,000 employees over the course of the past three months.

As consumers and companies become more fearful of looming economic challenges, Gopuff’s solution is to go big. The ecommerce grocery platform announced today a new multipack line of bulk products called GoXL, with over 300 items available for home delivery.

Upcycled puffed snack brand B-Sides launched in January, focusing on its health claims over a marketing too closely to a sustainability message.

The Trump Administration and its internal MAHA cohort this week celebrated a variety of “accomplishments” spawning from their first 100 days in office. However, just down the street from the White House, at the Institute of Food Technologist (IFT)’s Food Policy Impact conference, the tone was less than celebratory.

In this week’s notable new products gallery, Heyday Canning grows its portfolio of premium pantry staples, Actual Veggies packs more protein into its chef-crafted veggie burgers, and Verve Coffee Roasters rocks out with the Grateful Dead.

In this reviews roundup, we check out Protein Pints ice cream, Mings frozen meals and Bumpin Blends’ Barbie collab.

The Hershey Company posted a 13.8% year-over-year net sales decrease to $2.8 billion during the first quarter in its earnings release this morning, though the decline was softer-than-expected thanks to growth in its North America Salty Snacks segment.

Today, Conagra announced the signing of a definitive agreement to divest Chef Boyardee to Hometown Food Company for $600 million in cash.

The CPG Week podcast dives into the recent FDA/HHS directive to remove synthetic food dyes from food and beverages, discussing the feasibility of the plan and how it will complicate food manufacturing.

Despite a “dynamic operating environment,” Oatly CEO Jean-Christophe Flatin claims the company remains on track to deliver its first full year of profitable growth since going public in 2021.