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Hy-Vee Adds FoodHealth Score To Store Shelves
Hy-Vee debuted a new partnership with nutrition intelligence platform FoodHealth Company, becoming the first retailer to bring color-coded, numerical nutritional scores directly to the shelf.
The CPG Business Is Changing, But Execs Say Adaptation Won’t Keep Pace
The CPG business is undergoing a shift, but without a crystal ball to determine where the industry will land in a decade from now, we’ll have to rely on recent news and survey responses from those on the front lines.
Is Sustainable Packaging Worth The Investment?
While sustainability initiatives are often an inherent part of modern mission-driven brands, a recent report suggests that what’s on the outside isn’t resonating with consumers like it used to.
Additional Content
Report: Healthy Foods Makes Up Less Than 50% Of Sales
The 2022 U.S. Access to Nutrition Initiative reported that healthy products make up less than half of food sales by the 11 largest U.S. food manufacturers.
IRI: Inflation Remains High But Slowing; Shoppers Adjust Buying Habits
Grocery inflation continued to rise in September, hitting 13.3% versus a year ago; yet, a smaller 1% inflation increase from September to August shows promise for food and beverage prices to moderate in the future.
News Roundup: Great Foods Research And Advisory Platform Launches; Planterra Closes
In this week’s roundup: Ecommerce platform GTFO It’s Vegan launches new research and advisory platform; JBS shutters Planterra brand OZO; Daily Harvest supports Latino farmers with regenerative ag grant program; and Yolélé launches fonio beer.
PBFI To Support Supply Chain Actors And Regenerative Food Systems
The Plant Based Food Association has created a new nonprofit arm, dubbed the Plant Based Food Institute, to address industry-related policies and effect change along every step in the industry’s value chain.
The Tide For Fresh Kelp Is Rising And It Hopes To Flood Every Grocery Aisle
In the natural food world, where sustainability, sourcing practices and nutrient density have become key consumer interests, fresh seaweed is starting to surface.
Perfect Day Helps Nestlé Build Animal-Free Dairy Beverage
Nestlé’s U.S. R&D Accelerator has partnered with animal-free dairy company Perfect Day to launch an alternative dairy “novel product” that will pilot in the U.S. market later this year.
Solving The Problem Of Investment For Food And Beverage Brands
Ryan Williams, the former VP of Finance and Ops at RISE Brewing Co., has created a tool called the Food and Beverage Investor Database (FABID) which aims to help new entrepreneurs in the food and beverage industry navigate the complicated world of fundraising.
FMI: Omnichannel Shoppers Force Shift In Retail Layouts, Drive Clamor For In-Store Tech
Consumers are increasingly seeking out fresh and convenient options, leading retailers to reconsider store layouts and invest in technology to improve their efficiency and omnichannel capabilities.
Wellness, Plant-Based Products Fall in Q2 Amid Economic Uncertainty
As inflation puts more pressure on consumers’ wallets, shoppers increasingly shied away from new trends and returned to more affordable and reliable habits in Q2 2022, according to a report by research platform evergi. Although Americans continue to be interested in athleticism, dieting and health, the overall wellness market has shrunk amid economic uncertainty, according… Read more »
SFA: Specialty Food “Very Stable,” but Conventional Gains Steam
The SFA and Mintel predict that due to increased financial constraints on consumers, conventional food sales may outpace specialty in 2020 for the first time in 15 years. Their annual State of the Specialty Food Industry report, reviewed sales data from the past three years, 35 category forecasts and a consumer trend survey to help explore the future of specialty food.