Food Industry News, Insights, and Education for the CPG Community
Manufacturing Matchmaker: Keychain Uses AI To Bring “Transparency” To CPG Production
Keychain’s AI-driven B2B digital tool aims to bring transparency and simplicity to the CPG landscape by streamlining matchmaking between brands and retailers searching for compatible manufacturing partners.
‘Challenge Accepted’: Zesty Z Pivots From Popcorn to Pita Chips
After a challenging couple of years, family-owned Mediterranean foods brand Zesty Z is aiming to start a new chapter for its business with this week’s launch of a line of twice-baked pita chips.
Going Vertical: RIND Snacks Acquires Granola Producer
RIND Snacks is vertically integrating with the acquisition of Vermont-based granola company Small Batch Organics and leasing a 15,000 sq. ft. warehouse where it will handle logistics and fulfillment.
Yishi Expands Platform & Reach With Asian-inspired Pancake and Waffle Mixes
Yishi has launched a new line of pancake and waffle mixes, seeking to capture a share of the $202 billion breakfast food market while continuing to bring Asian flavors to the mainstream.
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New Products: THC-Infused Chocolate Hazelnut Spread, Mochi Waffles & Frozen Breakfast Sammies
In this week’s notable new products roundup, MyMochi makes its first foray into the breakfast set with mini waffles, Rudi’s expands its frozen portfolio with the addition of breakfast sandwiches and butter launches THC-infused chocolate hazelnut spread just in time for Valentine’s Day.
Fourth Quarter Finance Review: Has “Carnage in Consumer” Hit Bottom?
In good times, a rising tide lifts all boats – but right now, the hunt is on for seaworthy vessels, according to investors. Otherwise, judging by the last quarter of the year, it’s clear that the financial doldrums are going to stay for a while for brands.
Why WNWN Wants To Play Ball With Big Chocolate
WNWN aims to tap environmental sustainability and ethical supply chains solutions to win the support of multinational food corporations. But can barley-based “chocolate” make big cocoa’s cut?
Kellanova: Earnings Flat In First Report Since Corporate Split
Kellanova reported “better-than-expected results” marked by flat net sales and higher profits in its first full quarter since The Kellogg’s Company split the snacks, meals, frozen and international business from its domestic cereal brands.
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Hershey: ‘Historic’ Cocoa Prices Will Limit FY 2024 Earnings Growth
The Hershey Company today reported Q4 net sales grew a modest 0.2% year-over-year to $2.65 billion, reflecting inflationary headwinds such as rising cocoa and sugar prices, which are expected to continue constraining earnings growth in the year to come.
CPG Week Podcast: Musings On M&A Deals
In the first episode of CPG Week, Nosh Managing Editor Monica Watrous and reporters Brad Avery and Lukas Southard sit down to discuss the various M&A deals seen so far in the first month of the year.
Snack Startup S’NOODS Explores the Possibilities of Pasta
A snack brand featured on a Netflix cooking competition is hitting retail shelves this week. “Snack vs. Chef” winner Lauryn Bodden launched S’NOODS, a brand of crunchy, noodle-inspired snacks with global flavors. The products are gluten-free and air-popped or baked. The base is made with a proprietary blend of rice, potato, tapioca and chickpea flours,… Read more »
BevNET & Nosh Community Calls This February: Standing Out at Trade Shows; Expo West Updates; Conserving Capital with Gerry Khermouch and Ken Sadowsky; Ghia’s Out-of-Home Marketing Strategy
This month, explore Ghia’s smart out-of-home strategy that conquered the non-alcoholic market, The Fresh Market, Goodles, and Pocket’s Chocolates share tips for attracting buyers and decision-makers at Expo West, get updates on Expo West with the event team, and Gerry Khermouch and Ken Sadowsky share insights on how to optimize resources during fundraising challenges.
The Caveman Evolves: Moosehead Brands & Beanfields Aim To Reignite Paleo In CPG
Consumer interest in the paleo diet is past its peak. But a new platform aims to harness the diet’s essential tenets and redefine itself in “a bigger niche.”
SNAC Time: Industry Association Discusses 2024 Priorities, Expectations
SNAC International discussed its approach to the FDA’s 2024 regulatory agenda pertaining to sodium reduction, food labeling and processed foods and also made predictions on how flavor and function might play into bringing new consumers to the category.