The Latest
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Kendall Davis for Food Dive
Tracking the plant-based protein movement
Nestlé's Sweet Earth launched frozen Breakfast Bowls and reformulated Deli Slices, and Wicked Kitchen products are now available in 2,500 U.S. grocery stores.
UPDATED: July 27, 2021 at 9:51 a.m. -
Courtesy of Truly Hard Seltzer
Boston Beer overestimated demand for hard seltzer as once-hot category shows signs of slowing
CEO Dave Burwick told analysts there are too many brands that are the same and not enough shelf space, leading to the prediction that some will be discontinued.
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Courtesy of The Good Crisp Company
ColumnLeftovers: Feel-good cheese balls offer a functional snack; Dogfish Head gets into plant-based ice cream
The Good Crisp Company taps a clinically proven immune booster for its new offering, and Shrubbly adds some lift to vinegar-based beverages.
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Permission granted by Nobell Foods
Plant-based cheese maker Nobell Foods raises $75M for expansion
The California-based company, which gets casein protein from bioengineered soybeans, is eyeing a late 2022 product launch.
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Courtesy of Dole
Dole expands into functional beverages and fruit bowls
The company is offering immunity-boosting ingredients like turmeric and green tea extract in the new lines as consumer interest in health and wellness grows.
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Courtesy of Tate & Lyle
Tate & Lyle works to meet 'extreme' surge in allulose demand
The British company that was the first to put the natural sweetener on the market is trying to increase capacity for the ingredient as need outpaces supply.
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Stephen Chernin via Getty Images
Barry Callebaut's better-for-you portfolio to use 100% sustainably sourced cocoa and vanilla
The latest initiative by the chocolatier builds on its pledge to have all sustainable ingredients by 2025.
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Christopher Doering/Food Dive
Zevia makes market debut at $14 share price
The maker of stevia-sweetened soda, tea and energy drinks has seen net sales increase 32% annually during the last decade with further growth expected as consumers curtail their sugar intake.
UPDATED: July 22, 2021 at 10:20 a.m. -
Courtesy of PepsiCo
Frito-Lay bucks the trend of supply chain simplification
The snack brand is embracing complexity, which demands a supply chain that's primed for efficiency.
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Justin Sullivan via Getty Images
Dole targets $2.1B valuation in IPO
As it launched its pre-IPO roadshow this week, the company said it expects its IPO price to be between $20 and $23 per share.
UPDATED: July 22, 2021 at 9:52 a.m. -
Courtesy of Daring Foods
Deep DiveWhy chicken is taking over plant-based meat
With Beyond Meat and Impossible Foods entering the space and new options filling freezer cases, the potential for the poultry analog suddenly seems limitless.
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How will plant-based chicken impact traditional poultry?
The industry has been largely silent about threats the analogs may pose, with some poultry companies even dabbling in alternative products.
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Courtesy of Quinn
Snack maker Quinn secures $10M to fuel growth and innovation
The maker of popcorn and other offerings, which counts Hershey as an investor, has benefited from its focus on sustainability, transparency, traceability and the popularity of snacking.
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Retrieved from RXBar.
Kellogg's RX brand launches protein-rich cereals
The move into better-for-you cereal marks the latest in a series of extensions that has included kid snacks, nut butters and oats.
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Ben & Jerry's
Ben & Jerry's butts heads with Unilever over brand's presence in Israel
The clash speaks to the potential limits of marketing consumer brands around divisive social causes, particularly at a time when such issues are in the international spotlight.
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Courtesy of Stryve Foods
Stryve Foods set to go public with closing of SPAC deal
The merger with SPAC Andina Acquisition Corp. III was approved on Monday, with the biltong maker expected to begin trading on the NASDAQ on or about July 21.
UPDATED: July 20, 2021 at 8:10 a.m. -
Courtesy of Nature's Fynd
Nature's Fynd closes $350M investment round
The fermented protein company will use the funds to accelerate growth, with plans for a wide-scale 2022 product launch.
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Courtesy of BrightFarms
BrightFarms recalls packaged salad greens for possible salmonella contamination
The recall, linked to the indoor hydroponic grower's Rochelle, Illinois, greenhouse, includes leafy greens sold in Illinois, Indiana, Iowa and Wisconsin.
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Courtesy of Suja
Cold-pressed juice company Suja purchased by private equity firm
The sale comes after what the company called an "unprecedented year" for both its revenue and profit. Financial terms of the deal were not disclosed.
UPDATED: July 19, 2021 at 7:52 a.m. -
Courtesy of Impossible Foods
Impossible Foods plans to debut chicken nuggets this fall
The plant-based company will introduce prototypes at a trade show this week, and told Bloomberg it is eyeing a launch in foodservice, then retail.
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Courtesy of Kraft Heinz
ColumnLeftovers: Kraft Macaroni & Cheese enters the ice cream aisle; Coors Light crafts a game-winning brew
The food company partners with Van Leeuwen to mix together two iconic comfort foods, and Johnsonville turns sausage into bacon-like strips.
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Permission granted by Unilever
Unilever to test carbon footprint labels on products in 2021: report
The CPG giant will pilot the concept on up to a dozen products in North America or Europe starting this year, with plans to add them to all of its 75,000 products within five years.
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Courtesy of Tate & Lyle
Tate & Lyle sells controlling stake of corn-based products arm to private equity
The British company will retain the division that makes alternative sweeteners, texturizers and soluble fibers, but still receive some of the proceeds from the commodity business that will be run by KPS Capital Partners.
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Scott Olson via Getty Images
Boston Beer partners with Beam Suntory to bring their brands into new categories
The alcohol makers plan to initially launch products that bring Truly Hard Seltzer into bottled spirits and Sauza tequila further into ready-to-drink beverages.
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Courtesy of GNT
GNT debuts green colorings made from spirulina and turmeric
The additions to the plant-based Exberry color portfolio are said to offer vibrant yellowish and bluish green shades for confectionery, dairy and other applications.
