Specialty Food Association to announce Product of the Year Award and New Product of the Year Awards at Summer Fancy Food Show in June
May 11, 2022
Available only to product-qualified members of the SFA, the sofi Awards were judged at the Food Innovation Center at Rutgers University (FIC), the SFA's partner for the awards. FIC experts evaluated products using anonymous tastings across 47 categories using criteria that included flavor, appearance, texture, aroma, ingredient quality, and innovation. 102 specialty food products were awarded Gold, and New Product, trophies.
According to a recent survey, consumers are paying more attention to ingredient lists than they did five years ago
May 9, 2022
A new survey by the International Food Information Council (IFIC) is revealing just how big a role ingredients play in the food attitudes and purchasing habits of American consumers. The survey, “From ‘Chemical-Sounding’ to ‘Clean’: Consumer Perspectives on Food Ingredients,” shows that our interest is strong, “clean” is popular and health is paramount.
Food-tech disruptor prepares to vastly scale dairy-identical, non-animal milk protein production in a pioneering sustainable industrial park in Denmark
May 4, 2022
This next major milestone demonstrates Remilk's continued leadership in the rapidly developing category by offering consumers animal-free dairy products identical to its traditional counterparts but free of lactose, cholesterol, and hormones, thus severing the dairy supply chain's reliance on animals.
SKU has worked with more than 100 alumni, including a variety of innovative and successful brands, including EPIC Provisions, Siete, DUDE Wipes and Seaweed Bath Co.
April 18, 2022
Ideal candidates are market-validated companies with compelling founders and innovative products in hot categories. Brands can be from a wide range of areas in CPG, including food, beverage, apparel, personal care, and household products..
The new private label will offer shoppers consistent access to quality groceries at an affordable price
April 18, 2022
Misfits Market, the online grocery platform focused on accessibility, affordability, and sustainability, launched its first-ever private label, Odds & Ends. The launch of Misfits Market’s private label – which currently includes pantry staples such as coffee and snacks like nuts, dried fruit, and dark chocolate-covered mini pretzels – ensures Misfits Market’s customers can easily stock up on all of their favorite high-quality, affordable groceries during their weekly shop.
Q1 results finished less than 3% lower than a year ago as eGrocery continues to evolve
April 12, 2022
The Ship-to-Home segment experienced the largest sales contraction, plummeting over 30% in March compared to a year ago, from $2.1 billion to $1.4 billion. The decline was driven by a 13% reduction in the number of orders placed by Monthly Active Users combined with a 23% drop in the average order value.
The global frozen ready meal market is set for growth at a CAGR of 8.2% and top a valuation of $89.7 billion by 2032
April 6, 2022
Frozen convenience meals sold by food supply chain companies remain a major source of income. Convenience stores are expected to extend their frozen ready meal range in the near future, while online sales will tap into previously undiscovered market opportunities.