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News & Analysis on Food & Beverage Development & Technology02-Aug-2024
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BRANDS & MANUFACTURERS
Kellanova’s ‘return to full commercial activity,’ innovation drive volumes higher than expected even as competitors continue to struggle with declines, sluggish recovery
Kellanova’s better-than-expected second quarter bucks major trends in the US, where volumes generally have continued to struggle as consumers grapple with inflation and two-plus years of price hikes, thanks in part to the snack-maker’s aggressive rollout of new products and increased brand building, promotions and merchandising, executives said yesterday.... Read more
Blue Bottle expands NOLA line with new instant coffee: a nod to consumer trends, convenience
Blue Bottle Coffee is expanding its 22-year-old NOLA line with the introduction of NOLA Craft Instant Coffee Blend, a move that reflects evolving consumer preferences and underscores the brand's commitment to quality and innovation, Cara Ray, global product director of coffee and beverage at Blue Bottle Coffee, told FoodNavigator-USA.... Read more
Morinaga America revs up HI-CHEW production, opens second facility
Confection manufacturer Morinaga America, Inc., invested $130 million to construct its Mebane, N.C.-based facility to produce its flagship brand HI-CHEW, which has grown 20% year-over-year in the non-chocolate category over the past seven years, Teruhiro Kawabe, CEO, Morinaga America, Inc., told FoodNavigator-USA.... Read more
 Poi Dog brings its former restaurant to the retail shelves with Hawaiian sauce line
Strategic partnerships with restaurateurs and CPG brands in adjacent categories helped Poi Dog transform from a food service business into a up and coming packaged food brand available on retail shelves, founder Kiki Aranita told FoodNavigator-USA in this episode of Startup Spotlight.... Watch now
Kraft Heinz cuts outlook: ‘The consumer environment … was worse than we anticipated in’ second quarter
Kraft Heinz slashed its outlook for the remainder of year after organic net sales tumbled 2.4% year-over-year in its second quarter, during which executives said consumers continued to pull back on spending more than expected – slowing previously anticipated recovery.... Read more
PepsiCo's FLVR TikTok inspires Gen Z, Millennial consumers to cook with Frito-Lay products
PepsiCo is engaging younger consumers with its social-media brand, FLVR, which is helping the snack and beverage giant expand into meal occasions and attract new shoppers, James Clarke, senior director of digital and social for PepsiCo, shared at the 2024 Digital Food & Beverage event in Palm Springs, Calif.... Read more
Volume growth propels Danone's H1 2024 results
The French food and beverage major said its categories were growing 'faster' than the industry average in volume terms as it posted increased like-for-like sales in H1.... Read more
 Interest in weight-loss drugs ‘turbo-charged’ food as medicine, but is the industry ready?
The buzz around weight-loss drugs has “turbo-charged” the food as medicine movement creating opportunities and challenges for which one expert warns the food industry is unprepared to address, resulting in far more “losers” than “winners” – but he added strategies, such as collaboration, could help tip the scales for long term success.... Watch now
Mondelēz counters snacking softness in US with lower-priced packs, promos & increased distribution in value channels
Cookie and confection giant Mondelēz International plans to implement new targeted promotions, introduce lower-priced pack sizes and increase distribution in value-oriented club and convenience stores to counter volume declines in North America that directly correlate with price hikes amid sticky inflation, executives announced yesterday.... Read more
Unilever aims to grow through volume, not price
Unilever’s half-year results showed a decline in pricing growth due to deflation in some markets. Instead, the company wants to grow through volume.... Read more
Sprouts Farmers Market sales buoyed by emerging brands' appeal to economically-resilient health-conscious consumers
Sprouts Farmers Market enjoyed “impressive” growth in its second quarter thanks in part to its deliberate decision to no longer cater to “coupon-clippers” in favor of health-conscious consumers who continue to spend more on groceries despite high inflation, executives told investors yesterday during the retailer’s earnings call.... Read more
Siddhi Capital raises $135m for Fund II with 2:1 investment focus on CPG brands, food-tech companies
Siddhi Capital raised $135 million for its second fund as the venture capital (VC) firm searches for growth-stage CPG and food-tech companies amid continuing funding challenges for the larger food and beverage industry.... Read more
From compostable capsules to iced brews: Coffee innovation helps drive growth at Nestlé
Nestlé has stepped up innovation across its business: with 15% more product launches across the first half of 2024 than the same period last year. And coffee innovations – such as Nescafé Ice Roast Coffee, Nescafé cold-concentrate and the Vertuo system – hold particularly high promise for the company...... Read more
How Mars is planning to green-up its dairy supply
The snacking, petcare, nutrition and confectionery major is engaging long-term dairy suppliers to accelerate sustainable measures on-farm – here’s how.... Read more
How IHOP is finding retail success with the help of PepsiCo, General Mills, Kraft Heinz
International House of Pancakes (IHOP) expands beyond its diner tables to retail store shelves with a line of CPG products created with General Mills, Kraft Heinz and PepsiCo, including Mini Pancakes cereal, Signature Blend coffee, Lay's potato chips and Pepsi Maple Syrup Cola.... Read more
 Mondelēz on creating the future of ecommerce, AI 'is not about who goes fastest’
Mondelēz is investing in new omnichannel shopping capabilities and educating employees on digital shopping best practices, the snack giant’s Global Ecommerce Director Abhishek Ahluwalia said at the 2024 Digital Food and Beverage event in Palm Springs, Calif.... Watch now
 Soup-To-Nuts Podcast: Trends at IFT’s Startup Pavilion include upcycled ingredients, clean label preservatives, novel proteins and more
The Startup Pavilion at the Institute of Food Technologists’ annual Food Improved by Research Science and Technology (IFT FIRST) in Chicago earlier this month featured cutting-edge solutions to some of the most pressing challenges facing the food system, including food safety, nutrition security, climate change and diet-related chronic disease.... Listen now
 Startup Hatchless recreates ‘miracle’ of egg to produce poultry without complications or processing chickens
Using proprietary technology that mimics the “miracle” inside an egg for a chick to develop, startup Hatchless says it can make real poultry meat from infertile eggs without applying chemicals, growth factors or genetically modified cells and without the inefficiencies and slaughter associated with raising and processing living chickens.... Watch now
 Food as medicine, waste reduction efforts could face headwinds following presidential election – prompting calls for fast action in coming months
Some legislators worry general political discord and uncertainty about the presidential election could aggravate food insecurity in the US and threaten investments in food as medicine as well as other initiatives and pledges made at the historic White House Conference on Hunger, Nutrition and Health held nearly two years ago.... Watch now
View all news headlines for:    May     Jun     Jul
SUPPLIERS
Shiru partners with Ajinomoto to develop ‘step-change solutions’ for sweet proteins
Food ingredient discovery company Shiru is partnering with Ajinomoto Health & Nutrition North America to commercialize sweet proteins, leveraging AI to “understand the language of proteins” in the process, Jasmin Hume, CEO and founder of the tech company, told FoodNavigator-USA.... Read more
The triple solution: Tate & Lyle's sweeteners, fiber, texture ingredients at IFT FIRST
Tate & Lyle’s recently launched Sensation formulation tool and suite of sweeteners, soluble fiber and texture solutions, showcased at IFT FIRST Annual Event & Expo, can help food and beverage manufacturers meet growing consumer demand for healthier yet still indulgent products.... Read more
Paper packaging coating aims to mirror properties of plastic . . . without plastic
Utilising AI to develop coatings that are both recyclable and biodegradable, Papkot aims to make paper packaging which mirrors the properties of plastic.... Read more
Butter Buds expands beyond butter, focuses on dairy concentrates
Butter Buds, a supplier of dairy concentrates and flavor solutions, is rebranding itself to reflect its expanded product line and focus on meeting the evolving needs of the dairy and non-dairy markets, Mike Ivey, national sales director at Butter Buds told FoodNavigator-USA during IFT FIRST in Chicago.... Read more
Marine Biologics dives into macroalgae functionality with ingredient platform
France-based food-tech company Marine Biologics will launch its first macroalgae-based prototype in September, leveraging its ingredient discovery platform that searches for functional properties in seaweed to create sought-after food and beverage ingredients, two representatives shared at IFT FIRST last week.... Read more
UPCOMING SUPPLIER WEBINARS
From the Ground Up: Building a Farmer-First Supply Chain
Building a sustainable supply chain is a priority for many food companies as consumers demand increased transparency and environmental stewardship from brands. Ingredient sourcing and the environmental practices of chosen supply chain partners are two of the most important factors impacting emission rates, and ultimately...
13-Aug-2024
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UPCOMING EDITORIAL WEBINARS
Decarbonising Supply Chains at the Source
Food majors are under increasing pressure to stamp out irresponsible practices from ingredient supply chains. But voluntary measures have only got the sector so far, and policymakers are stepping in. While Europe races to comply with incoming regulations, rising global temperatures are plaguing production of...
24-Sep-2024
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Eco-friendly Production from Farm to Fork
Ensuring sustainable nutrition from farm to fork requires significant change. In a bid to champion resource efficiency, the agricultural sector is rethinking farming practices for the 21st century. And it’s not just agtech promising to deliver; food waste and upcycling are also on food makers’...
25-Sep-2024
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New Tech and Novel Ingredients for a Sustainable Future
Technological innovations, including those tackling packaging waste, promise to move the needle on carbon emissions. So do novel ingredients too, which have the power to significantly improve the sustainability of everyday products. But not all innovations are on the market, and tight investor budgets could...
26-Sep-2024
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ON-DEMAND WEBINARS
Elevating healthy snacking: Meeting demand for function, flavor, format
From the emergence of Ozempic companions to functional bars, chips and mixes, healthy snack manufacturers are delivering the most nutritional bang for their caloric bucks. In this FoodNavigator-USA webinar, we explore how brands are adapting to changing eating patterns, what consumers now expect from their...
10-Jul-2024
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Plant-based 3.0: Emerging from the trough of disillusionment
After a challenging few years in which falling sales and units dragged plant-based protein into the trough of disillusionment, stakeholders are looking for a way up the other side of the Gartner Hype Cycle where the promise of full integration, success and fulfillment await and...
29-May-2024
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Unpacking the Impact: What State Color and Food Additive Bans Mean for Your Products
California’s adoption of AB 418 to prohibit Brominated Vegetable Oil, Potassium Bromate, Propylparaben and Red Dye 3 has led other U.S. states to follow with their own proposals for color and food additive bans. This growing patchwork of state and federal regulations will create significant...
23-May-2024
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MARKETS
What are the risks of non-alcoholic beer on tap?
Without the antimicrobial properties of ethanol, non-alcoholic beer can be riskier even than soft drinks when sold on tap. How can this be mitigated?... Read more
Predictive tech: The secret ingredient to boost bakery and snack brands
Data analytics, AI and machine learning are vital to predict preferences and optimize production processes, but they are only one part of the consumer engagement story.... Read more
Magnesium, multi-functional hydration claims rise as consumers seek to improve wellness, Circana reports
Wellness-conscious consumers are seeking magnesium-enriched and multi-purpose drinks to improve their health and well-being, blurring the line between traditional product categories, Circana shared in a recent webinar.... Read more
Mexico, Canada and beyond: Keurig Dr Pepper’s international growth strategy
Keurig Dr Pepper’s international portfolio represents an ‘increasingly significant growth driver’ for the company: with international sales up 15% in the latest quarter.... Read more
How the push for ‘seed oil free’ is heading to Europe
Concerns around the health impacts of seed oils have migrated from the US to Europe. Could seed-oil free claims be on the rise?... Read more
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