foodnavigator-usa News Headlines Week 07

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News & Analysis on Food & Beverage Development & Technology

17-Feb-2023

SPONSORED MESSAGE

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MANUFACTURERS

Exclusive: Miyokoâs Creamery parts ways with founder, focus is on growth, strategic innovation & brand awareness

Plant-based dairy heavy-weight Miyokoâs Creamery is preparing for a new chapter without its founder and namesake at the helm after board members unanimously decided the company needs a leader with a different skillset to take the business to the next level.... Read more

Consumer perception of inflation, grocery store profits much higher than reality

U.S. grocery retailers should be more empathetic toward their consumers at a time when shoppers believe both inflation and grocery retailer profits are significantly higher than they are in actuality, according to a new report from London-based dunnhumby.... Read more

Danone discusses the role of plant-based innovation in medical nutrition: âOur priority is evidence-based nutrition that meets lifestyle choicesâ

Danoneâs specialised nutrition business Nutricia has developed its first plant-based ready-to-drink medical nutrition supplement. Fortimel PlantBased Energy is the product of an intensive three-year R&I effort. FoodNavigator hears from Manuela Borella, Danoneâs Vice President of Global Plant Based Strategy & Business Acceleration, about why it is important to support the lifestyle choices of patients.... Read more

Coca-Cola plans more price increases in 2023, leans on marketing to offset impact

The Coca-Cola Co. plans to raise prices again in 2023 against some retailersâ calls to roll back increases, arguing it has âearned the right to price with the consumersâ through enhanced marketing and an agile packaging approach that balances premium and small entry-level, pack-sizes for broader consumer appeal.... Read more

The highs and lows of US snacking sales

To help drive sales during National Snack Food Month (February), Cincinnati-based retail data science, insights and media company 84.51Â° has shared an assortment of snacking takeaways for retailers.... Read more

TreeHouse Foods sales lift on price hikes without compromising volume, price gaps

With a 22% sales lift and a slimmed down net loss year-over-year in the fourth quarter, private-labeler TreeHouse Foods is reaping the benefits of recently raised prices, a still generous price gap compared to competitors and a reshaped portfolio that allows it to focus on higher-growth and -margin snacks and beverages.... Read more

Egg prices continue to climb at slower pace alongside those for other food consumed at home, propping up food inflation, CPI reveals

Overall US food prices accelerated in January over December after steadily slowing month-over-month between September and December, but the opposite is true for food consumed at home, which cooled in January â continuing a trend that began in December, according to the most recent consumer price index released this morning.... Read more

Soup-To-Nuts Podcast: What does plant-based protein need to cross the trough of despair?

Alongside falling sales, volume and units, plant-based meat has slid into the trough of despair, also known as valley of disillusionment or sorrow, and while it is unclear if the category has hit bottom yet, many stakeholders already are looking for a way up the other side where the promise of full integration, success and fulfilment wait.... Listen now

OTAâs Farm Bill wish list focuses on creating responsive organic standards, reinforcing organic supply chains and enhancing conservation

The Organic Trade Association is calling for Congress in the next Farm Bill to further strengthen the supply chain and integrity of the organic program and support research and adoption of conservation and climate-smart programs, which it says will help stakeholders keep pace with marketplace demands.... Read more

Tofurky acquired by Morinaga Nutritional Foods in âan expected moveâ for plant-based pioneer

Following in the footsteps of its competitors Field Roast and Lightlife, Tofurky announced its acquisition, along with its sister brand Moocho, by US-based tofu manufacturer Morinaga Nutritional Foods. This deal was âan expected moveâ for the third largest US plant-based meat company, as it needed âa company with strong distribution and R&D to expand [its] market share,â Miri Eliyahu, senior analyst at Euromonitor, told FoodNavigator-USA.... Read more

Unilever bets on the â¬1bn club: âThese brands are our first priority for innovation and for investmentâ

Unilever is placing its innovation and investment resource behind its biggest brands â and the result appears to be paying off. But does this approach suggest that disposals from among the group's band of roughly 400 smaller brands could be on the horizon?... Read more

PepsiCo leans on new flavors, double-digit marketing to enhance consumersâ value perception, justify price increases

Through a combination of new flavor and product launches, boosting advertising and marketing, and integrating purpose throughout the organization, PepsiCo expects to build on a strong fourth quarter and deliver upwards of 6% organic revenue growth in 2023 despite ongoing inflationary pressures.... Read more

MondelÄz installs new management at Clif following $2.9bn acquisition

Alexandre Zigliara is stepping into the role as president of Clif Bar, succeeding Sally Grimes, who has served as the high-flying companyâs CEO since May 2020.... Read more

Kellogg saves plant-based business from auction block: âWe are the best parent for MorningStar Farmsâ

Kellogg will keep its iconic plant-based MorningStar Farms brand as part of its global snacking company rather than spin it off as a standalone business or sell it â backtracking on an idea floated by the CPG last summer when it revealed plans to split its snack and cereal empire into multiple companies.... Read more

View all news headlines for: Nov Dec Jan

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SUPPLIERS

Devilâs Foot Beverage Co. is âdoing more good, less harmâ with its Full Fruit Life Program

Devilâs Foot Beverage Company has a simple philosophy: do more good and less harm -- and with its Full Fruit Life Program, the brand is doing just that by maximizing the use of its raw ingredients while providing a byproduct to local brands, company co-found Ben Colvin told FoodNavigator-USA.... Read more

Spicegrove founder diversifies product line to offset inflation with crowdfunding

The founder of hibiscus/ginger tea beverage brand Spicegrove Audrey Powell is tackling inflation and supply challenges by launching new products featuring less expensive ingredients that complement those in her more premium flagship Caribbean hibiscus beverage, and by leveraging crowdfunding to cover additional costs.... Read more

Biotech specialistâs healthy gut fibre backed by preclinical data

A study published in the Journal of Food Bioactives confirms the plant compounds in hemp hull â discovered by Brightseedâs first-of-its-kind AI platform, called Forager AI â play a role in maintaining a healthy gut.... Read more

Sweet but healthy? Cargill finds unmet demand for healthier sweet baked goods

While consumers often look to the sweet bakery category for sugary fixes and chocolatey crunches, CPG companies might have an opportunity to innovate a new â healthier â path forward for the space, according to a recent survey and analysis from food ingredient company Cargill.... Read more

Probiotic players must lobby for change as consumers want transparency and education, experts say

Consumers are keen to learn about probiotics and see the word on packaging, but EU regulation still leaves industry's hands tied with no harmonisation and poor institutional education.... Read more

Tabasco spices up salads with TikTok-influenced, LTO hot sauce dressing

With a new product collaboration with TikTok influencer Tinx, Tabasco is looking to ânormalize hot sauce as dressing,â as Lee Susen, chief sales and marketing officer at McIlhenny Company (Tabascoâs parent company), told FoodNavigator-USA.... Read more

Pork and microalgae cells combined in cultivated meat an âindustry firstâ

Czech start-up Mewery claims to have developed the first prototype of cultivated meat based on microalgae. The company is already in talks with the Singapore Food Agency, founder Roman LauÅ¡ tells FoodNavigator.... Read more

ON-DEMAND WEBINARS

Discover How You Can Save More of Your Valuable Product

The APV Aseptic Rapid Recovery System from SPX FLOW is a breakthrough pigging technology that helps process lines become more sustainable by reducing product and chemical waste and generating greater product yieldsâall while providing the highest level of food safety possible. Join Pranav Shah, Global...

06-Dec-2022

Low-and-No-Sugar Beverages: From Soda 2.0 to Flavored Waters

Beverage brands are under increasing pressure to reduce or eliminate sugar as consumers look to avoid âempty caloriesâ or âdrinking their calories.â We bring together a panel of experts to explore whatâs trending in the low and no sugar arena, from low-sugar drinks for kids...

26-Jul-2022

Dairy trends: From zero-sugar to 'animal free'

From a wave of ultra-low sugar yogurts and zero sugar dairy milk to a new generation of animal-free cheese, ice cream and creamers made with ârealâ dairy proteins (minus the cows), we explore whatâs trending in the dairy aisle.

18-May-2022

Children's Snacks

What are kids snacking on, and are parents happy with current options? What are they looking for when they buy snacks for their children (Protein? Low sugar? Fruit/veggies? Fiber? Vitamins? Probiotics?), and are kids enjoying the same snacks as older household members, or are they...

17-Nov-2021

Early Childhood Nutrition

In the opening session of the series, weâll explore how parents and caregivers can help to develop adventurous palates and healthy eating habits in early childhood.

10-Nov-2021

Solutions for new plant-based dairy alternatives

In this editorial webinar, we look at plant-based dairy alternatives to see whatâs new, whatâs making the end products better, and whatâs appealing to the end consumer.

29-Jul-2021

MARKETS

Dissecting cultivated meat regulation part 2: Whatâs working in the US and Singapore, and whatâs not?

Both the US and Singapore have seen cultivated meat products pass through their regulatory processes, yet the two governments approach novel foods in different ways. Which challenges and opportunities exist within these regulatory frameworks, and what impact could they have on Europe?... Read more

'These products will only take a significant portion of the global market when they can compete with conventional meat on taste, price, and convenience': alt protein sector looks for solutions amid mixed investment figures

Alt protein advocates are calling for governments to âstep upâ to build a âmore sustainable food systemâ after data showed that global investment in sustainable proteins decelerated last year and sales of meat alternatives dipped in some countries.... Read more

The rise and rise of healthy indulgence: âIn tough times, food offers opportunity for delicious escapismâ

Macro trends, including the COVID-19 pandemic and the cost-of-living crisis, are driving uptake of products claiming to be both healthy and indulgent, according to ingredients suppliers.... Read more

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