Headlines
Behind The CPG Slowdown: Price Hikes, Discretionary Spending and Private Label’s Newfound Popularity
Purchasing habits, higher grocery prices and an ever-changing physical and digital retail landscape have had a significant and lasting impact on both CPG companies’ profits and the margins of grocery stores since the start of the pandemic.
Voyage Foods Prioritizes Ingredient Supplier Role With Cargill Partnership
Voyage Foods has signed on as an exclusive B2B partner for Cargill with its nut-free spreads and cocoa-free chocolate, staking out a future for the food technology startup as an ingredient supplier.
Behind Big Picture Foods’ Big Move Across Aisles
Big Picture Foods has always had a vision that goes beyond its flagship line of fermented, organic and regeneratively-grown olives, peppers and capers. Now, three years after the company’s launch, that picture is starting to come into view.
Cracker Maker Firehook Bakery Bought By PE Fund Forward Consumer Partners
Newly launched CPG Private Equity firm Forward Consumer Partners has made its first acquisition, taking a majority stake in Virginia based artisanal cracker maker and baking company Firehook Bakery.
AWAKE Secures CAD $5M Investment and Ramps Up Distribution, Seeking to ‘Lead the Evolution of Chocolate 3.0’
On the heels of significant distribution gains in both the U.S. and Canada, caffeinated chocolate brand AWAKE has closed a CAD$5 million (approximately $3.6 million USD) follow-on funding round from Btomorrow Ventures.
New Products: Reformulated Stuffed Puffs & Gochujang Kettle Chips
In this week’s notable new products roundup, Stuffed Puffs reinvents its flagship milk chocolate-stuffed marshmallows, Whisps launches its “cheesiest cheese snack yet,” and Kettle Brand capitalizes on the rising popularity of Korean cuisine in the U.S with a limited-edition Gochujang flavor.
From Bees To A Business Model: Inside Mellody’s Plan To Build A Plant-Based Honey Market
Mellody is readying to substantially scale up its plant-based honey business through a new retail distribution partnership with KeHE, starting with Town & Country Markets in the Pacific Northwest region.
Report: Funding Climbs in Q1, But Flows to Fewer Brands
Venture investment in food and beverage brands is at its highest point in two years, according to the latest Q1 2024 report from research group FABID. But that doesn’t mean the market isn’t still tight, as well.
CPG Week: Trademarks, Trader Joe’s and Anti-Diet Dietitians
On the CPG Week podcast, the team discuss food news stories involving trademark infringement, Trader Joe’s innovation and anti-diet dietitians this week. Plus, a BevNET original song to baked beans.
They’re HERE: Nothing Spooky About These Real-World A.I. Uses in CPG
In between the grandiose visions of the A.I. future that have dominated the discourse, and the heaps of investment dollars flooding the sector, these programs are already being integrated into many aspects of life and business.