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Ruby chocolate officially enters the US and Canada

The wait is over: Barry Callebaut is now working with producers to bring the confection to North America, with products likely to appear on shelves and bakeries as soon as June.

Why aquaculture may be seafood's future

According to a new study from The Nature Conservancy and Encourage Capital, fish farming is a profitable investment that can feed the growing population and rehabilitate the oceans.

Target and Walmart explore CBD products: report

Manufacturers told the New York Post that major retailers are taking meetings and asking questions about gummies, drinks and more.

Impossible Foods raises $300M as exec touts long runway for growth

CFO David Lee said the company is facing "unprecedented demand" for its product and is considering "every strategic option" for future expansion, including an IPO.

Kellogg goes Off the Grid with protein-packed frozen waffle brand

The product — which comes in vanilla buttermilk, cinnamon brown sugar and wild blueberry — is marketed on its website as fuel "for whatever adventure the day will bring." 

Opinion

What are the key ingredients to highly valued food and beverage brands?

Aaron Goldstein, an investment banker at Lincoln International, says a significant part of achieving a premium M&A valuation is crafting the story, positioning the brand and articulating future growth potential.

Could India become the next cell-cultured meat hub?

Two facilities will be pursuing cell-based meat R&D, with the first phase of one opening in Maharashtra next year and a second coming to Hyderabad.

Sam Adams to buy Dogfish Head for $300M

The two brewers said the transaction, which is expected to close before July, will better position the company to compete against global beer conglomerates in the craft space. 

Hain Celestial to sell its poultry business for $80M

Now that the company has divested its protein segment, will Nestlé still be interested in a full acquisition?

Column

Leftovers: Reddi-wip becomes an at-home Barista; crunchy crickets kick in almost any flavor imaginable

Conagra Brand's iconic spray cream — an unofficial coffee topping for years — gets a makeover to do a latte for morning drinks, and Reese's takes on a new frozen dessert form.

Culture club: Why Danone is opening access to thousands of its yogurt strains

To mark the 100th anniversary of its first product, the French company said it may lead to additional uses for food and other applications.

Survey: 75% of CPG companies plan to spend more on packaging

L.E.K. Consulting found nearly all manufacturers believe it is crucial to their success, with 57% developing more packaging that is easier to open and 51% working on more single-serve sizes.

Tariff could send tomato prices surging up to 85%

The two sides of the debate — U.S. importers against the termination of the tariff and American growers in favor — are standing firm, but each party seems confident in a resolution.

Coca-Cola's contracts with researchers reserved the right to kill studies

The University of Cambridge found evidence of the soda giant striking agreements with five public universities to give it the ability to review and "quash" health studies.

Opinion

How CPG companies reinvent manufacturing to improve efficiency

Companies can overcome barriers to innovation by examining legacy equipment and applying the latest techniques to adapt machines, argues David Russell of PA Consulting.

Soy protein can lower LDL cholesterol, study shows

The findings indicate the ingredient can reduce "bad" cholesterol by up to 4% as the FDA considers nixing its heart-healthy claim. 

GoodMills Innovation launches new functional seed, grain ingredients

Products containing these substances could appeal to on-the-go snackers and shoppers looking for more natural and sustainable products.

Consumers are sweeter than ever for sweet potatoes

Foods and beverages around the world using the root vegetable posted a 21% compound annual growth rate from 2015 to 2018, according to Innova Market Insights.

Nestlé to exit direct store delivery for frozen pizza and ice cream, cutting thousands of jobs

The switch will result in shuttering eight frozen distribution centers and inventory transfer points, cutting out middlemen, and eventually bringing the company savings.

Food recalls dropped because of government shutdown, report says

Stericycle Expert Solutions said fewer inspections in the last quarter led to more potentially dangerous products getting to the market.

Beef industry debuts sustainability framework

The plan lays out indicators for individual operations to assess water and land resources, animal and employee safety and well-being, efficiency and yield, and air and greenhouse gas emissions.

E-tailer Boxed's private label products could take on CPGs in stores

The online retailer says it’s in talks with retailers to carry some of its 100 Prince & Spring brand products.

$16B invested in plant-based and cell-cultured meat since 2009

The Good Food Institute noted in two reports that changing consumer attitudes and the boost in sales of meat alternatives are driving these funds.

After exiting Beyond Meat, how will Tyson do with its own plant-based products?

In an earnings call this week, CEO Noel White said the company's reach will allow it to move quickly into the marketplace this summer.

Campbell Soup considers selling Kettle UK chips brand, report says

As the soup company looks to streamline its business and reduce debt, it hired a firm to explore the sale of the chip brand just a year after its acquisition.