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SimplyProtein Announces Latest Funding Round, Continued North American Expansion

Growth capital set to accelerate distribution, along with investments in marketing and innovation
March 14, 2022

The SimplyProtein® brand has its sights on 2022 being its most transformative yet as it continues to expand in the North American market. In November 2021, Wellness Natural Inc., the parent company of the SimplyProtein brand, raised $8.5M in a Series B funding round.


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Kemin Industries Celebrates 61 Years

Multinational ingredient manufacturer kicks off “61 Since ‘61” anniversary celebration of science innovation and leadership
March 10, 2022

Kemin Industries, a global ingredient manufacturer that strives to sustainably transform the quality of life every day for 80 percent of the world with its products and services, is launching its global “61 Since ’61” themed anniversary celebration to commemorate 61 years since its founding in 1961. 


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Tastepoint by IFF Expands to the West Coast

Company holds grand opening of state-of-the-art creative center
March 10, 2022

The ceremonial ribbon-cutting marks the grand opening of a new, cutting-edge creative center. In tandem with upgrades to its nearby manufacturing center, Tastepoint is now poised to service customers nationwide with expanded capabilities and services.


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Consumer Products Accelerator Seeks Brands, Mentors for Second Cohort

SKU Elevate is an 8-week virtual program that provides education, mentorship and networking
March 9, 2022

A key benefit of the program is the mentorship founders receive throughout the track. Each brand is paired with a carefully selected mentor team dedicated to helping them scale their business. SKU Elevate mentors are a who’s who of CPG leaders, successful founders and subject-matter experts who are all dedicated to helping to level the playing field for people of color in the consumer products industry.  


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Food Industry News

LesserEvil Partners with Primal Kitchen, RIND Snacks, Cappello’s and A Dozen Cousins for Oils Campaign

Combined company effort seeks to educate consumers on veggie and seed oils with collective campaign and limited-edition starter pack
March 2, 2022

LesserEvil, the better-for-you snack brand on a mission to make healthy, organic, less-processed, and sustainable snacks more accessible, has teamed up with A Dozen Cousins, Cappello’s, Primal Kitchen, and RIND Snacks to create the Clean Oil Crew— a coalition of brands joining forces for an educational campaign, limited-edition starter pack available for purchase, and a special giveaway to educate about clean oils and inspire others to join the movement.


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Ocean Spray Partners with Canomiks to Accelerate Cranberry Product Innovation

The move further leverages the heart health and blood pressure benefits of the superfruit
March 1, 2022

Ocean Spray Cranberries, Inc., the agricultural cooperative owned by more than 700 farmer families, and Canomiks, a startup technology company transforming the functional food and beverage industry, announced research leveraging Canomiks' A.I. based technology platform to test and certify the biological efficacy of the cranberry. 


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Riviana Foods To Acquire Assets of Duininck Companies' Inharvest

The acquisition expands Riviana's operations and geographic footprint
February 25, 2022

Riviana Foods Inc. announced the signing of a definitive agreement to purchase the assets of InHarvest, Inc. which specializes in the production, marketing and sale of premium specialty rice, quinoa and grains.


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Kraft Heinz, the J.R. Simplot Company Announce Exclusive, Multi-Year Strategic Supply Agreement for Ore-Ida

Simplot is expected to help grow the Ore-Ida brand by introducing world-class innovation and technology
February 24, 2022

The Kraft Heinz Company and Simplot Food Group, a division of the J.R. Simplot Company, announced that the two companies have signed a long-term agreement naming Simplot as the exclusive manufacturer and supplier of Ore-Ida. Kraft Heinz will continue to own the Ore-Ida brand. 


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Kraft Heinz, TheNotCompany Create Partnership to Accelerate AI-Driven Plant-Based Innovation Globally

The partnership aims to develop superior plant-based versions of co-branded products at unprecedented speed
February 23, 2022

Both Kraft Heinz and NotCo share a desire to change the world for the better and believe that working together they can and will accelerate adoption of plant-based foods.


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Food Industry News

Wind Point Partners Acquires Palmex

Wind Point invests in leading Latin American snack pellet manufacturer to build North American platform focused on the better-for-you and Hispanic snack segments
February 22, 2022

The acquisition will serve as a platform to build a North American business-to-business salty snack manufacturer in the BFY and Hispanic segments. 


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