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

This week on the podcast, Nosh managing editor Monica Watrous and senior reporter Brad Avery talk about Recess’ new funding round and leadership addition, a premium bourbon brand on the block, and new cash for Robert Downey Jr.’s coffee brand. The podcasters also discuss the closure of an alt-cheese maker and the surge in demand for gummy formats in supplements and in candy.

Diaspora Spice Co. unveiled one of its most high-profile collaborations to-date this month as the Indian and Sri Lankan-sourced business works to navigate the unpredictable tariff environment.

Oatly achieved its first quarter of profitable growth since going public, reporting gains in revenue and volume, despite nearly suffering a 10% drop in North American sales.

Kraft Heinz reported sales declines and narrowing margins in Q3 as it prepares to separate into two companies during the second half of 2026.

Fruitist closed $150 million in equity funding to accelerate retail expansion for its line of premium packaged berries. The round was led by J.P. Morgan Asset Management, alongside new and existing investors. The Los Angeles-based company is reportedly valued at $1 billion.

After nearly a decade under the ownership of massive protein company Hormel Foods Corp., Justin’s – the nut butter and confection company started by entrepreneur Justin Gold in 2004 – is coming back under private ownership, with Gold and former CEO Peter Burns returning to the company.

In conjunction with its 60th anniversary, PepsiCo has unveiled a new visual identity to “highlight the depth and diversity” of its portfolio that includes over 500 brands.

Organic frozen fruit pop purveyor HUNDY! has secured $350,000 in fresh equity funding, according to a filing with the U.S. Securities and Exchange Commission (SEC).

After nearly a decade at the helm of IBS-focused food brand Fody Foods, founder Steven J. Singer is stepping down as CEO. Taking over the role is Andy van Ark.

JonnyPops has launched a freeze-dried innovation as it uses its manufacturing capabilities to scale further in conventional grocery.

Hero Bread is releasing seven items at 700 Walmart stores across Texas, Florida, California, Ohio and Pennsylvania this month. The brand’s fiber- and protein-packed assortment includes sliced breads, tortillas, buns and bagels, baked with simple ingredients including resistant wheat starch, wheat protein, fava bean protein, jerusalem artichoke fiber, olive oil and yeast.

The Co-Founder and CEO of Khloud Foods, one of the most fascinating and fastest-growing snack brands in the country, will join Nosh Live 2025 (Dec. 4+5) in L.A. for a special discussion on the company and its strategic objectives.

B&G Foods announced today it has agreed to sell the Green Giant and Le Sieur frozen and shelf-stable vegetable product lines in Canada to Nortera Foods.

Nosh’s annual “Best Of” Awards celebrate the people, brands, products, and ideas that are shaping the future of the packaged food industry. Submit your nominations by this Friday, Oct. 31.