The Latest
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Consumer advocacy groups ask FDA to ban titanium dioxide
Five groups filed the petition, which argues the white dye has been found to build up in the body and potentially cause harm. The additive was outlawed in Europe last year.
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VC funding for food and beverage plunging amid challenging environment, data shows
During the last four quarters, the amount of money raised and the number of deals have fallen significantly compared to the same period the year before, according to PitchBook.
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Kellogg’s CIO lays out IT roadmap for company split
The food manufacturing giant will become two separate companies by the end of 2023. That shift brings along technical challenges — and some potential upsides.
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Campbell Soup sells Emerald nuts business to Flagstone Foods for undisclosed amount
The nut-focused brand was an outlier in the CPG giant’s broader snacking business, which includes chips, popcorn, cookies, pretzels and crackers.
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How Smucker will use liquid coffee to win over Gen Z
A new Dunkin’ product that makes hot or cold beverages in seconds hits shelves in July. The company says it will unlock its future in the space.
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Texas governor signs new labeling law for plant-based and cultivated meat
Starting Sept. 1, companies making items that do not come from animals will be required to explicitly label them.
Updated May 30, 2023 -
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Leftovers: Ice cream warms up to upcycling; Lucky Charms brings magic to color-changing marshmallows
Salt & Straw’s new frozen novelties use ingredients that would have gone to waste, and California Pizza Kitchen enters the salad dressing category.
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Milk checkoff’s ‘Wood Milk’ campaign featuring Aubrey Plaza violates federal laws, health group says
The Physicians Committee for Responsible Medicine filed a complaint with the USDA’s inspector general, claiming the website and videos with the “White Lotus” star disparages another product and was intended to influence policy.
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Three in four consumers say food impacts their mental well-being, survey finds
A new report from the International Food Information Council found stress led 51% of people to consume items that are less healthy.
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Egg prices decline as flocks rebuild, bird flu’s impact wanes, analyst says
The wholesale cost for a dozen has plunged from more than $5 to 84 cents, which could prompt consumers to purchase more of the popular commodity.
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Price hikes pushed snack sales up 15.6% in 2022 as volumes declined, report says
The category represents more than a quarter of the food and beverage market, but a Circana analyst warned that increases might be going too far.
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Beneo launches ingredient to aid in reducing sugar content, boosting fiber
Beneo-scL85, derived from beet sugar, offers a mild sweet taste, good solubility and natural credentials that can improve taste and texture. It also can assist as a bulking agent.
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Upcycled Foods Inc.’s chief innovation officer aims to unlock ‘treasure’ in spent ingredients
Lara Ramdin said her company sees a burgeoning marketplace for reused items such as leftover grain from beer making, cacao fruit syrup and coffee leaves.
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Nestlé digs in to plant-based offerings even as broader industry stumbles
Consumer interest in the category is robust enough that the world’s largest food maker needs to have a strong presence, said Mel Cash, the company’s chief marketing and innovation officer.
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DouxMatok rebrands to Incredo LTD as it raises $30M
The Israeli company also announced a joint development agreement with Ferrero, which could provide many big opportunities for the sugar reducing ingredient to show its capabilities.
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Wicked Kitchen buys plant-based raw fish maker Current Foods
The all-stock deal is the CPG company’s second alternative seafood acquisition in eight months, and broadens its holdings in an area primed for growth.
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Q&A
How Smucker works toward sustainable coffee and brews new innovation
In the second part of this Q&A, Coffee General Manager Joe Stanziano talks about the segment’s sustainability challenges and future plans.
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Ferrero brings Kinder Chocolate to the US
The flagship product of the popular candy brand is a large part of the European confectioner’s plan for North American growth.
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Retrieved from AB InBev.
AB InBev to discontinue Babe wine and Hiball energy brands
The alcohol giant told wholesalers that the decision was made to better focus the company and simplify it for growth by prioritizing its mega brands while supporting “choiceful innovations.”
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Major tea companies linked to plantations with reported human rights abuses, report says
Companies including Unilever, Ekaterra and Starbucks said they are working to address these issues through greater supply chain transparency.
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Beyond Meat launches smash burgers in foodservice
The new offering brings a plant-based version of the trendy thin and deeply flavored burgers to operators nationwide.
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Miyoko’s Creamery and its namesake founder settle litigation
The plant-based cheese company and Miyoko Schinner posted on LinkedIn they have resolved lawsuits that arose from her removal last summer.
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Leftovers: Perdue taps into beer can chicken; Kellogg cereals shake into protein powder
The poultry producer is launching a summer ale with seasonings that evoke the grilled favorite, and Nature Valley serves up savory snack bars in Everything Bagel, White Cheddar and Smoky BBQ flavors.
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Coca-Cola criticized by green group for falling behind on reusable packaging goal
The beverage giant said in April that 14% of its total beverage volume was served in this material in 2022, a decline from 16% two years earlier.
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From beer to bars: How AB InBev’s EverGrain finds new uses for spent barley
The startup is working with many of the world’s largest food companies to include its nutrient-rich byproduct, which is already being incorporated into crackers and nutritional supplements.