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News & Analysis on Food & Beverage Development - North America13-Nov-2020
WHITE PAPER
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REAL Eggs Simply Supply More
REAL Eggs Simply Supply More
What do REAL eggs supply in formulation? Way too much to be contained in this text ad. Start with six grams of high-quality protein per one large egg; move on to more than 20 functional properties. Want to learn more?... click here
MANUFACTURERS
 NEW PRODUCTS GALLERY: From 'smart bars' for kids and chickpea pizza to West African soups
From 'smartbars' for kids and chickpea pizza to West African soups, keto puffs, more beverages touting immunity benefits and turmeric-laced oatmeal cups, check out FoodNavigator-USA's latest gallery of new products hitting the market this fall/winter.... See more
Elevating the at-home dining, snacking experience... Premium brands gaining share, says IRI
Despite ongoing economic uncertainty, “anticipated recessionary spending behavior” such as increased spending on private label and value brands and a shift towards value channels, “hasn’t occurred to date,” claims IRI in a new report exploring the opportunity for premium products.... Read more
FDA issues guidance on voluntary disclosure of all uses of sesame on the ingredients list, invites more clinical data
The FDA has issued draft guidance encouraging food manufacturers to voluntarily declare all uses of sesame in the ingredient list on food labels, notably in flavors and spices, but says it needs more data to assess whether it should be subject to mandatory allergen labeling.... Read more
FOOD FOR KIDS Trailblazers recap: ‘DTC is probably the way to go’ to break into children’s food & beverage
Companies hoping to break into the children’s food and beverage category may have a better shot at success by going direct-to-consumer with solutions that extend beyond kids to target the whole family than they do at breaking into and out on grocery retail shelves, according to investors.... Read more
Whether vitamin C can help COVID sufferers may depend on level of transporter
One of the reasons COVID-19 is so unsettling is because the virus’ impact on each individual is so different. Researchers say a number of factors could impact this — including age, race, gender and an underlying mechanism.... Read more
NERD rebrands and expands as nootropics beverage trend gains steam
Following its acquisition by Beverage USA Holdings Inc. (BevUSA) earlier this year, mental acuity beverage company NERD is on track to become a nationally-recognized brand with new retail distribution, an expanded direct-to-consumer business, and refreshed branding, says BevUSA CEO Howard Davner.... Read more
Plant-based startup Zero Egg raises $5m to support US expansion; brand is a 'gamechanger,' says Powerplant Ventures
Zero Egg – an Israeli startup hoping to crack the US market with the launch of plant-based egg alternatives for CPG manufacturers and foodservice operators – has raised $5m in a Series A round led by Powerplant Ventures, and joined by existing investors Unovis Asset Management-New Crop Capital and Strauss Group-The Kitchen Hub.... Read more
 Investing in the Future of Food: So Good So You raises $14.5m to expand distribution, innovate
When the pandemic prompted some retailers to delay category resets or close their doors temporarily to new brands, the emerging wellness shot brand So Good So You didn’t dwell on delayed distribution opportunities – rather it doubled down support for existing partners to increase velocity and ultimately still hit its sales targets.... Watch now
Home Chef enjoys strong double-digit growth, boosts convenience to tackle ‘cooking fatigue’
Meal kit co Home Chef – now part of Kroger – is generating “double-digit, near triple-digit growth year on year,” as it has expanded its offering beyond traditional meal kits that may take 45-55 minutes to prepare, to fully cooked prepared meals that can be microwaved in 2-5 minutes.... Read more
Is it all in their heads? Experts criticize assumptions, structure of BMJ paper that blasts multivitamin use
A new study that asserts that multivitamin use is based mostly on positive thinking and not on health outcomes has been criticized for structural limitations that contribute to unfounded conclusions.... Read more
Study: Do consumers see ‘pretty’ food as healthier?
Food styling is a key marketing tool to make products, dishes, and meals look more appealing and appetizing, but does “pretty” food also impact its perceived healthiness? Preliminary research suggests there may be a link.... Read more
CBA sees opportunities for CPG industry under Biden Administration, roll back of Trump initiatives
Joe Biden’s presidential victory projected this weekend could open the door for the CPG industry to play a more dynamic role in America’s economic revival, including shaping new consumer protections and food safety measures, as well as pursue a more industry-friendly ‘Made in America’ policy and sustainability solutions, according to experts.... Read more
Tracking COVID-19 cases by zip code allowed Hershey to target inventory, marketing to gain share, sales
Sales of The Hershey Co.’s iconic chocolates and confections significantly outpaced the category during the company’s third-quarter thanks to targeted, nimble marketing that positioned the sweets at the center of socially distant and much needed get-togethers in areas hit hardest by the novel coronavirus.... Read more
Beyond Meat prepares to launch Beyond Burger 3.0, plans rollout in CVS, confirms it 'co-created' McDonald's new McPlant patty
A weak performance in foodservice and slower than-expected growth at retail combined to deliver a modest 2.7% increase in Q3 revenues to $94.4m at Beyond Meat, a figure “lower than we expected,” CEO Ethan Brown told analysts Monday. However, he insisted that the plant-based brand's "long-term value proposition" remained compelling.... Read more
IRI: Consumers rethink holiday plans amid the pandemic uncertainty
Consumers are dramatically rethinking their holiday plans this year as COVID-19 cases continue to rise, notes IRI.... Read more
Axiom Foods unveils AvenOlait 2.0 oat ingredient
Axiom Foods has introduced its AvenOlait 2.0 oat ingredient, which is claimed to offer manufacturers of dairy alternatives enhanced functionality and nutrient density, facilitating the "next big wave" of oat-based dairy alternatives.... Read more
IWON Organics completes funding round, gears up for new product launch in 2021
Protein-fueled organic snack brand IWON Organics has raised $500k in a new funding round and is gearing up to launch a new product in 2021 that will take it into new territory, says founder and CEO Mark Samuel, who has just picked up some new distribution for his extruded snacks at Walmart and Harris Teeter for early 2021.... Read more
Entrepreneurs to watch: Rabobank unveils 15 finalists in 2020 FoodBytes! Pitch competition
Rabobank has announced the 15 finalists – food and ag entrepreneurs spanning everything from edible spoons to plant-based eggs - who will compete in its livestreamed FoodBytes! Pitch competition on December 2.... Read more
 Soup-To-Nuts Podcast: PepsiCo’s Food For Good pilots public-private partnership to feed kids in need
When the coronavirus first shuttered schools and threatened more than 22 million children’s access to the free and reduced breakfast, lunch and snacks, on which they relied for nutrition, PepsiCo’s Food For Good joined other non-profits, government agencies, industry players and stakeholder to help supply, assemble and distribute food to those in need on a massive scale.... Listen now
Propel taps into booming immune health trend, heads into 2021 with full innovation pipeline
Projecting its sixth straight year of double-digit growth, PepsiCo-owned Propel is taking advantage of the recent surge in consumer interest around immune health with the launch of its Immune Support line containing vitamin C and zinc.... Read more
B&G Foods predicts elevated sales will continue next year: 'Consumers will be working from home even after a vaccine is available'
Reporting a 22% net sales increase to $495.8m for the third quarter (ended Sept. 27, 2020), B&G Foods continues to benefit from its portfolio of brands and products which are “very well-suited for the stay at home, work at home, cook and eat at home world,” said president and CEO Kenneth G. Romanzi.... Read more
BOU brings in CEO, revamps soup cups: ‘We’re laying the foundation for the next phase of growth’
If you’re looking for a mature – and kind of dull - part of the grocery store, checkout the bouillon cubes category. According to Nielsen data* supplied to FoodNavigator-USA, US retail sales edged up 0.6% in the year to Oct 27, 2018 and a modest 2.8% in the year to Oct 26, 2018... And then COVID-19 hit.... Read more
WEBINAR tomorrow (Nov. 11): Innovation in Action … Meet the Trailblazers
As illustrated by the diversity and record number of entrants to FoodNavigator-USA’s 2020 Food For Kids Trailblazers Challenge, innovation abounds in the children’s food and beverage segment, but funding and shelf space in stores – even digital ones – remains limited, creating a competitive landscape for entrepreneurs to navigate.... Read more
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ONLINE EVENT
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Food for Kids Summit: Meet the Trailblazers
Food for Kids Summit: Meet the Trailblazers
Register to hear from the winners of the TRAILBLAZERS Challenge who will present their kid-focused innovations to our expert panel for feedback on their products, branding, go-to-market strategies and business models on Wednesday, Nov 11 at 12pm CT... click here
SUPPLIERS
SunOpta sells global ingredients division; accelerates expansion plans in plant-based food & beverage
SunOpta has struck a deal to sell its Tradin global ingredients business to Amsterdam-based global commodity trading co Amsterdam Commodities N.V. (‘Acomo’) for €330m ($390m) as it lays out its vision to become “a high-growth, plant-based company.”... Read more
UPCOMING SUPPLIER WEBINARS
From Field to Table: Discover an Integrated Approach to Plant-Based Meat
Food means togetherness. This is true for families at the dinner table, and it is true for innovators working together to find more sustainable ways to feed the planet. Everyone eats and the way we eat is evolving! Take plant-based meats. Once considered a trend,...
17-Nov-2020
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UPCOMING EDITORIAL WEBINARS
Meeting Children’s Nutritional Needs, from Foods to Supplements
What key nutrients do kids need, when, from the first 1,000 days (conception to two years) to early childhood and the teen years? Should kids take supplements?
18-Nov-2020
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ON-DEMAND WEBINARS
Innovation in Action… Meet the Trailblazers
The three winners of FoodNavigator-USA’s annual trailblazers challenge present their kid-focused innovations to our expert panel for feedback on their products, branding, go-to-market strategies and business models.
11-Nov-2020
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Slow carbs improve your metabolism. It’s a no brainer for consumers at all life stages.
This webinar gives insight how a lower glycaemic blood glucose and insulin profile in a carbohydrate-rich diet can be beneficial in every stage of life.
10-Nov-2020
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Beverage Trends
Beverage trends session featuring brands developing innovative new beverages for kids, spanning packaging trends, sustainability, sugars and sweeteners, flavor trends, market dynamics, ingredient trends and new routes to market.
04-Nov-2020
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Maintaining Profitability in the Wake of the Pandemic
Food processors have largely navigated the challenges of the pandemic in accordance with how best to maintain business, but we must ask ourselves if the tactical decisions we’ve made are actually inadvertently affecting our profitability.
29-Oct-2020
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Kids and the Plant-Based Trend
Plant-based meat, dairy and egg products are gaining traction, from the next generation of burgers and nuggets to oat milk lattes.
28-Oct-2020
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Plant-based Innovation
Asia is tipped to be the largest region for plant-based food consumption in the $21bn global finished product market by 2025 on the back of consumers’ ethical, health and environmental concerns, plus extensive product innovation.
27-Oct-2020
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Growth Asia: Reformulation & Fortification
Growth Asia: Reformulation & Fortification
Join us on 17-Nov where we will put into the insights on the latest reformulation & fortification developments in APAC... click here
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