The Latest
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Molson Coors brand Zoa adopts gender-neutral identity for major refresh
“Fuel Something Bigger” shifts the energy drink from the gym toward the everyday consumer and highlights the brand’s colorful new packaging.
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Quorn partners with Prime Roots to help its expansion
The U.K. company that pioneered mycelium for food also invested an undisclosed amount in the deli meat alternative maker.
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Opinion
An industry case for the flexitarian diet and shelf-stable plant-based foods
By infiltrating an entirely new sector, companies can experience an increase in sales, recognition and retailer distribution, according to Gregory Banzon, chief operating officer of Century Pacific Food.
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Hershey ESG report notes ongoing challenges with recycled content in packaging
The sweets and salty snacks company says it’s “hindered by an insufficient reliable supply of food grade material.”
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Retrieved from Perfect Bars.Column
Leftovers: Mondelēz layers more flavors onto Perfect Bar | Splenda splashes into drink mixes
The snack brand is debuting Crispy Peanut Butter offerings in chocolate and berry varieties, and Alouette brings its signature brie to the barbecue with a product designed for grilling.
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Hormel Foods plans further price increases as costs remain elevated
The owner of Jennie-O, Spam and Planters said while additional pricing decisions will help it manage expenses, it’s keeping a close watch on how they impact consumer buying habits.
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How Givaudan aims to get ahead of future food trends with AI platform
With its new “futurescaping” technology for food and beverage applications, the ingredient company aims to blend artificial and human intelligence to predict upcoming shifts in consumer desire.
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No yolk: Yo Egg sets its sights on a chicken-less egg industry
The company making plant-based poached eggs is working to replicate the function, taste and nutrition of the breakfast staple at a lower cost to both consumers and the environment.
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Retrieved from Aplos.
Functional non-alcoholic spirits brand Aplós raises $5.5M
The three-year-old startup said it will use the money to build up its retail distribution as many shoppers increasingly look to curtail or cease consuming alcohol.
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From hot yoga to coffee and bars: Inside Vita Coco’s push to make its coconut water a household staple
The brand is targeting new usage occasions and promoting the versatility of its product to consumers as it lays the groundwork for future growth, its founder told Food Dive.
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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 -
Column
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.