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Mattson_Survey0420_900

Examining the COVID-19 Impact on the Food & Beverage Industry

Innovation, new product development and launches are each subject to the developing situation on the ground
April 29, 2020
As an industry we’ve read lots of published research on consumer attitudes and purchase behavior during the COVID-19 crisis. Those who manage existing food and beverage brands have been in the thick of it, dealing with huge swings in demand, closures, new operating procedures, and the like.
Read More
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KFC to Test Plant-Based Chicken at Select Stores in China

The nuggets, tested through a partnership with Cargill, include high-quality protein such as soy, wheat, and special pea
April 28, 2020
Kentucky Fried Chicken ("KFC") China, operated by Yum China Holdings, Inc., became one of the first national Western QSR (quick service restaurant) brands to introduce a plant-based meat product to China. For a limited test period between April 28-30, KFC Plant-Based Chicken Nuggets will debut at three participating stores in three Tier 1 cities across China.
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BaseBread_900

Base Bread Ships Frozen, Direct to Consumers

The bread is made with whole wheat, soy, rice bran, chia seeds, and chicory root
April 27, 2020
Base Food, a Tokyo-based food tech company that creates nutritionally complete pantry staples, launched a new product called Base Bread. In some ways, this direct-to-consumer product is launched at a perfect time - given the grocery store shortages due to the COVID-19 outbreak, and consumers’ need for flexible, healthy WFH meal options.
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Coronavirus Collage

Meeting Food & Beverage Consumer Demand During COVID-19 Crisis

The food and beverage industry's essential status ensures continued business as economic and health concerns persist
Nick Roskelly, Executive Editor New Media/Business
Nicholas Roskelly
April 27, 2020
As the COVID-19 crisis continues to unfold around the world, food and beverage manufacturers have maintained sound economic footing due to acute consumer demand for a broad range of food and beverage products.
Read More
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Laird Superfood Completes $10 Million Growth Investment by Danone Manifesto Ventures

Funds will be used to expand operations and manufacturing, invest in production and amplify go-to-market strategies
April 24, 2020
Laird Superfood announced closing a $10 million financing round, funded entirely by Danone Manifesto Ventures (DMV) to support its growth initiatives.
Read More

Technomic Top 500 Chain Restaurant Report

After steady growth in 2019, report suggests 2020 will be the most challenging year on record for the Top 500 chain restaurants
April 23, 2020
Technomic released the Top 500 Chain Restaurant Report, which ranks each top chain by sales performance for the previous year. This year's report includes insight into what to expect for 2020.
Read More

Immediate, Long-Term Impact of COVID-19 on the Consumer Packaged Goods Industry

Uncertain times require warp-speed decision making from company leaders
April 21, 2020
The CPG industry has never been under more pressure as it faces a global pandemic, an impending recession, soaring unemployment, ubiquitous social distancing and unparalleled consumer fear across the US.
Read More
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Wixon Bolsters Industrial Sales Team

Rob Kerfin and Lori Paslaski to join organization
April 21, 2020
Wixon announced two new hires for its industrial ingredients division—Rob Kerfin for a newly created position of business development manager and Lori Paslaski, for a sales position focusing on Midwestern states. Both positions will report to Terry Yakes, the division’s director of sales.
Read More

General Mills Releases 2020 Global Responsibility Report

General Mills and its Foundation enable 5.5 billion meals, commit to advancing regenerative agriculture
April 21, 2020
General Mills released its 2020 Global Responsibility Report, highlighting progress made on the company’s long-term global commitments. The annual update, which marks 50 years of reporting for the company, outlines significant progress against and investments in four priority areas: Food, Planet, People and Community. 
Read More
Panaceutics_900

Panaceutics Nutrition Inc. Raises Series A to Expand Production in Personalized Nutrition Products

The round was led by DSM Venturing BV, the venture capital arm of DSM
April 20, 2020
The company will increase its capability to perform turnkey direct to consumer fulfillment with investments in new hardware and an ERP system to help support growth.
Read More
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