The Latest
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Tracking food industry priority for the COVID-19 vaccine
Each state is developing its own vaccine distribution plans, often including prioritization for workers in the food and beverage industry, from agriculture to meatpacking.
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Getting to the root of chicory root's popularity surge
From adding fiber and mouthfeel to its use in prebiotics, the woody perennial's versatility has made it popular with consumers and businesses — especially during the pandemic.
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T. Hasegawa buys Mission Flavors & Fragrances
The acquisition fits into the ingredient company's strategy to broaden its portfolio in dairy, bakery, plant-based alternatives, fruit filling and confectionary categories.
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Treasure8 partners with Mariani for food dehydration innovation
The California startup will use its exclusively licensed technology to help the 115-year-old dried fruit company bring healthier and tastier food to consumers around the world.
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Qualitas Health raises $10M for algae-based protein
The company, known for its omega-3 supplements, plans to use the investment to expand into new geographies, commercialize its products and boost its R&D.
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Deep Dive
CPGs wake up to breakfast's new future after coronavirus shakeup
With more people at home, a less hectic pace has boosted demand for sausage, waffles and cereal — a shift food manufacturers are confident will stick around after the pandemic.
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Coca-Cola, Tyson Foods and ADM among companies to suspend political donations
CPG companies joined dozens of large U.S. businesses in reconsidering their contribution practices after last week's violent protest at the U.S. Capitol.
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Maple Leaf spends $100M for Indianapolis tempeh plant
Demand for the fermented soybean cake has risen 44% during the pandemic, and the company's Lightlife brand has 80% of U.S. sales for the plant-based staple.
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Retrieved from Gage Skidmore/Flickr.
Biden will ask OSHA to reconsider decision to skip emergency coronavirus standards
He will also direct the agency to target the worst violators and increase the number of inspectors.
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Molson Coors enters crowded energy drink space with distribution deal for ZOA
The beverage will differentiate itself with natural ingredients, vitamins, electrolytes and amino acids, forgoing preservatives and artificial ingredients.
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Pilgrim's Pride and Tyson submit price-fixing settlements for chicken buyers
Pilgrim's Pride agreed to pay $75 million, but Tyson did not disclose a figure. Neither company admitted wrongdoing, and the amounts are subject to court approval.
UPDATED: Jan. 12, 2021 at 12:12 p.m. -
Danone's So Delicious launches plant-based cheese
The dairy-free pioneer brand is the latest entrant in a crowded market, with shredded, sliced and spreadable varieties hitting shelves early this year.
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Utz to acquire Vitner's snack brand for $25M
The purchase of the popular Chicago snack food company and its 55 DSD distribution routes will increase the rapidly growing company's reach in the Midwest.
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Outstanding Foods raises $10M as plant-based snacking grows
With its latest investment round, the company aims to overhaul the category with offerings that provide nutrition without sacrificing taste.
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US tariffs on high-alcohol wine from Germany and France take effect this week
The new import duties are part of a longstanding dispute about commercial jetliner subsidies that has spilled over into food and drink.
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Smithfield Foods prepares to vaccinate its workers
Although circumstances vary by state and the timeframes are not yet firm, the company is anticipating COVID-19 vaccine availability and distribution for critical employees within 60 days.
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Column
Leftovers: International Delight travels to the Stone Age; Hidden Valley Ranch goes plant-based
Post Holdings, the maker of Fruity Pebbles and Cocoa Pebbles, is infusing its cereals into coffee creamers, and New Orleans businesses are bottling Mardi Gras.
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Ben & Jerry's calls for Trump ouster as more brands condemn Capitol riots
With more companies criticizing Wednesday's chaos, the ice cream brand's endorsement of removing the president from office stands out.
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Allergy-friendly cookie company Partake Foods gets $4.8M to fuel expansion
With the influx of funds, the brand is on its way to doubling its number of retail outlets by the end of the quarter as demand for free-from products grows.
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Air Protein raises $32M to develop a meat alternative out of thin air
The company, built around 1960s-era NASA research of turning carbon dioxide into something edible, received funds from ADM Ventures, Barclays and GV.
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Elderberry demand soars as consumers seek an immunity boost
From beverages to popsicles, more companies are adding the deep purple berry to a variety of offerings for its hue, flavor and health appeal.
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EverGrain upcycles AB InBev's barley waste into plant-based protein
The company, started by the brewer's former head of sustainability, creates two unique ingredients from the waste, which adds up to millions of tons a year.
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Impossible Foods CFO leaves to become president of AppHarvest
David Lee will join the developer and operator of large greenhouse farms to lead strategy as the company prepares to become publicly traded.
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New Wave Foods nets $18M and plans foodservice launch in Q1
The plant-based shrimp company's new funding round, led by New Enterprise Associates and Evolution VC Partners, will help bring its products to restaurants nationwide.
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Two-thirds of plant-based meat companies are willing to use cultured fat, survey says
Cell-based fat provider Peace of Meat, which did the research, is working with manufacturers to create prototypes of hybrid animal-free products.