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News & Analysis on Food & Beverage Development & Technology09-Feb-2024
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MANUFACTURERS
Hershey explores cost-savings, price hikes & packaging changes to offset high cocoa, sugar costs
Hershey is launching a multi-year cost-savings strategy that will lean heavily on enhanced automation and a more efficient operating model, which could result in job cuts, to help offset historically high cocoa prices and elevated sugar costs that are expected to limit earnings growth this year.... Read more
Misfits Market enters logistic business, ‘extremely bullish on online grocery delivery’
Misfits Market is opening its logistic system to perishable brands through a new service, as the company remains optimistic about the online grocery delivery market, company CEO and founder Abhi Ramesh told FoodNavigator-USA.... Read more
 Netflix Snack vs. Chef winner S’NOODS launches noodle snack
Winner of the first season of Netflix’s Snack vs. Chef show, Lauryn Bodden, is taking her award-winning noodle snack concept from TV screens to store shelves with the official launch of S’NOODS, as she shared in the recent episode of FoodNavigator-USA’s Startup Spotlight.... Watch now
Crystal Light feature brand refresh with new functional product line, enters mocktail category
The new year sparks a refresh not only for consumers but also for Kraft-Heinz’s powdered flavor enhancer, Crystal Light, which introduced a new logo, typography, photography and packaging to coincide with its new functional product lines inspired by consumer demand for better-for-you products that also taste great.... Read more
Hain Celestial shares slide as it trims guidance despite ‘sequential improvement’
Hain Celestial shares tumbled yesterday to their lowest point in at least five years after the company dropped its fiscal ’24 guidance and reported an unadjusted loss in its second quarter despite a “sequential improvement” in top and bottom-line performance from the first quarter.... Read more
Coca-Cola debuts Coca-Cola Spiced as permanent addition to portfolio
Coca-Cola is adding a new permanent offering to its trademark portfolio with the launch of Coca-Cola Spiced in North America.... Read more
‘Store brands as a brand': FedUp Foods co-founder sees sustainability, functional opportunity in private-label beverages
Private-label is shaking off its fast-follower status as partnerships between manufacturers and brands become stronger, allowing for quicker innovation that responds to consumers' demand for endurable and functional products, Andreas Schneider, co-founder and VP of sales for beverage manufacturer FedUp Foods, told FoodNavigator-USA.... Read more
Ghost launches hydration beverage with full disclosure and zero caffeine
Lifestyle sports nutrition brand Ghost is expanding its footprint in the hydration category with the addition of a ready-to-drink beverage in a range of fruity flavors.... Read more
Solely grows organic fruit-snack business with help from c-stores
Snack company Solely is seeing the fruits of its labor as it expands distribution across natural and c-store channels and tees up a rebrand and new flavors of its products, brand CEO Simón Sacal told FoodNavigator-USA.... Read more
Tyson Foods’ decision to shutter less efficient chicken plants, beef facilities pays off with strong Q1
Tyson Foods’ multi-point plant to improve its performance, including “right-sizing” its footprint by shuttering older, less efficient chicken plants and several fresh meat case-ready facilities, is paying off as the protein packer reported better-than-expected in its first quarter.... Read more
The cost of sugar is soaring: What does this mean for food manufacturers and consumers?
From confectionery to cakes, breakfast cereals to beer, sugar is a huge part of the modern diet, but why is the cost of one of our most indulgent ingredients increasing and how will this affect both food manufacturers and consumers?... Read more
Gut-health soda market heats up: Health-Ade launches SunSip
Kombucha maker Health-Ade is throwing its hat into the prebiotic soda ring again with SunSip, as consumers continue to seek out gut-health claims in the carbonated beverage category.... Read more
Navigating funding challenges in 2024: What alt-protein companies should know
Alt-protein companies that heavily relied on venture capital (VC) funding are now taking a more holistic approach, including leveraging more non-dilutive financing options, to build their business in 2024, a panel of investors shared during a recent webinar hosted by The Good Food Institute.... Read more
How Blume developed itself as a post-coffee ritual brand
Alternative coffee brand Blume’s founder and CEO, Karen Danudjaja, started the adaptogenic latte blend brand in 2017 when she was looking not only for a delicious and functional coffee alternative, but an alternative ritual to coffee, she explained to FoodNavigator-USA.... Read more
Post Holdings CEO: ‘Consumers are still trying to find that historical reference price'
Cereal and CPG giant Post Holdings’ fiscal year is off to a strong start despite lower volumes for its retail grocery business in the first quarter as many consumers continue to be “more selective with their spend” in the face of ongoing “significant cumulative inflation and higher interest rates,” CEO Robert Vitale told investors on Friday.... Read more
'Plant-based foods are here to stay,’ Dr. Praeger’s on rebrand, category’s evolution
Dr. Praeger’s is celebrating 30 years in frozen foods with a new look and feel, designed to showcase the deliciousness of plant-based foods, former brand CEO and current special advisor & board member, Larry Praeger, told FoodNavigator-USA.... Read more
 Whoa Dough takes to the skies & schools to drive trial, boost retail velocities
While many entrepreneurs adopt a “sky’s the limit” mentality, few literally reach it the way that Whoa Dough did when American Airlines began offering its first class passengers the company’s better-for-you, plant-based and protein-packed cookie dough snack bars.... Watch now
Kellanova expands core brands for c-store channels in time for summer
Kellanova Away From Home’s latest snack launches seek to standout in the fast-paced c-store shopping experience with new flavors and formats that offer nostalgia, convenience, better-for-you choices and snacks as meals, Dan DeMeyer, senior director, commercial strategy, small format, Kellanova Away from Home, told FoodNavigator-USA.... Read more
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DSHEA Summit 2024 | June 10 | Salt Lake City
DSHEA Summit 2024 | June 10 | Salt Lake City
Book your ticket now this landmark event that gathers the law's architects and industry leaders to delve into the history, status, and future of the US dietary supplements industry. Secure your spot!... click here
MARKETS
‘Insects will be seen as normal food’: How industry is combatting consumer reluctance to eat insect protein
Insects are not only thought to contain at least as much protein as conventional meat, but are also more environmentally sustainable. However, their novelty on the market poses challenges in consumer acceptance. How do start-ups persuade consumers to eat them?... Read more
How ofi plans to cut coffee supply chain emissions by 30%
Ingredients supplier ofi is setting the ambitious target of reducing supply chain carbon emissions for its coffee by 30% by 2030. So how will this be achieved and can other coffee manufacturers follow in their footsteps?... Read more
An ‘all time low’ for orange juice? Disease and drought squeeze supply
Is a global orange juice shortage set to plague the beverage industry?... Read more
'Vegan' labels don't always mean free from animal products
Despite common public understanding that the word ‘vegan’ means free from animal products, there is no legally binding definition for the term in the UK and EU. This means that products labelled ‘vegan’ can contain trace amounts of eggs or dairy. Furthermore, many products that may appear obviously vegan, such as fruit, can contain trace amounts of animal-derived products.... Read more
ON-DEMAND WEBINARS
THE CIRCULAR ECONOMY: What does sustainable sourcing really mean?
Making sustainability claims and sharing progress on ESG goals – even when substantiated – can feel risky as regulators, legislators and class-action attorneys crack down on greenwashing. At the same time, consumers want to know how businesses are responsibly reinforcing supply chains and caring for...
16-Nov-2023
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THE CIRCULAR ECONOMY: Safely navigate shifting sustainability expectations and claims
Sustainability claims can dramatically amplify brand reach upwards of 33 percentage points when paired with traditional category claims, according to research by the NYU Stern Center. But such claims are catching more than consumers’ eyes – regulators and class action attorneys also are scrutinizing the...
16-Nov-2023
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FOOD AS MEDICINE: Meeting the evolving demand for ‘healthy’
How consumers define and access healthy food is heavily influenced by the nutritional information and products available to them – two ever-shifting and often inequitable factors that innovative industry stakeholders are tackling with new and necessary research and personalized product development.
15-Nov-2023
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FOOD AS MEDICINE: The crossroads of nutrition, health & equity
Good food is foundational to good health, but with constantly changing diet trends and nutrition advice, most people are unsure where to begin and who to trust. At the same time, affordable and accessible, nutritious food is out of reach for far too many –...
15-Nov-2023
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FOOD-TECH IN FOCUS: Separating hype from reality
Industry stakeholders across the value chain are betting big on technology – from AI and increased automation to precision farming and environmentally controlled agriculture – but will it pay off? For example, indoor farming promises fresher food and shorter supply chains, but it faces significant...
14-Nov-2023
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FOOD-TECH IN FOCUS: Setting realistic expectations
Cutting-edge food-tech promises to relieve mounting threats to climate change and food insecurity with new ways of producing food more efficiently, with fewer resources and more ethically – but can it deliver? And are regulators, investors, and consumers ready?
14-Nov-2023
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R&D
Are preservatives killing good gut bacteria?
Research from the University of Chicago has found that one of the most widely used food preservatives, nisin, has a damaging effect on the good bacteria in our gut... Read more
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