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

Today’s volatile macroeconomic environment – characterized by inflation and ballooning consumer debt – has heavily influenced shopping behavior within the food and grocery space, creating “unprecedented,” bifurcated consumption patterns and significant M&A opportunities, according to a new report by Capstone Partners.

Founded in 2021, House of Kajaana makes three varieties of frozen Indian meals: Cauliflower Tikka Masala with pea and basmati rice, Roasted Butternut Saag with bright tomato basmati rice, and Coconut Malabar Curry with pumpkin seed basmati rice.

On CPG Week, the podcast team talks about how retaliatory tariffs are plaguing the export market for American craft distillers.

Venture funding increased by 16% quarter–over quarter, driven by more late stage investments compared to the second quarter of the year.

Whole Foods Market has long served as a launching pad for food and beverage brands, but many founders don’t know how to get a foot in the door. What do executives and merchants seek from potential suppliers? And what is required to expand into additional regions? Attendees at Nosh Live Winter 2024 in Marina del Rey, Calif., will learn how to get in, stay in and grow at the natural grocery retailer.

Once Again has added manufacturing muscle and additional ingredients to its portfolio with its latest acquisition as the company seeks to remain competitive both as a B2B supplier and standalone CPG brand.

Albertsons Companies surpassed analysts’ projections in reporting second-quarter net sales and other revenue of $18.6 billion today, up from $18.3 billion last year, propelled by an increase in digital sales and omnichannel shoppers.

At Nosh Live on December 5 + 6 in Marina del Rey, packaged food brands are invited to meet one-to-one with leading retail buyers. Lisa Tosun from Whole Foods Market will be available for private meetings during the two-day event.

Blue Stripes, a purveyor of sustainable cacao fruit-based food and beverage products, announced today it has raised $20 million in a Series B funding round intended to help the brand advance its whole cacao process technologies, develop new products and expand distribution.

Cold Chain 3PL, an ecommerce cold goods fulfillment service, stated it is not working with BetterBrand, an assertion that runs counter to the low-carb bread company’s claims.

While COVID-19 may have pushed some businesses to the point of no return, Latin Goodness Foods, its pandemic-era pivot deeper into CPG is beginning to pay off.

In this week’s new products roundup, Chobani packs more protein into its Greek yogurt cups, Chosen Foods gives its signature avocado oil a squeeze, and Pringles rejoins the dill pickle craze.

The Jackfruit Company, which sells products under both that name and the Jack & Annie’s brand, has raised $5 million in a Series B extension, adding to the $23 million it previously raised in the funding round, co-founder and CEO Annie Ryu announced this week.

Mambo Sauce maker Capital City is celebrating its first round of investment this week after securing a First Lien Term Loan Facility from middle market investment firm Lafayette Square.