Jason Karp, HumanCo’s founder and CEO, is keeping the company’s plant-based offerings but is adding a grass-fed organic dairy line in order to appeal to a much broader consumer base.
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Jason Karp, HumanCo’s founder and CEO, is keeping the company’s plant-based offerings but is adding a grass-fed organic dairy line in order to appeal to a much broader consumer base.
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It will take a minimum of two years for the bioengineered cattle to be available for food, which gives us plenty of time to mount an aggressive opposition campaign.
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According to data released by NielsenIQ, this figure underscores the impact supply chain challenges have had on food retailers.
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Nestlé’s health science division is buying a majority stake in Orgain, a maker of protein powders, shakes and bars, for an undisclosed amount.
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The company has seen its sales soar, increasing at a 55% compound annual growth rate.
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The pandemic has changed how companies provide a taste of their products to shoppers.
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Huge congrats to founders Justin Guilbert and Douglas Riboud, and to current CEO Ben Mand, who is doing a masterful job. Justin and Douglas have another hit on their hands with Goodfish.
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According to Cargill’s new ChocoLogic study, 75% of consumers see chocolate as a reward, 72% say it is a mood booster and 59% believe it increases their energy.
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A total of 57% of U.S. households purchased plant-based food in 2020, up from 53% in 2019.
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New players and brands are bringing growth and innovation to the sector, while most traditional companies are hanging back.
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According to new research from IRI, smaller manufacturers did especially well in the alcohol, frozen food and center-store food categories.
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The top three categories with the largest sales increases were packaged salads (15.4%), berries (strawberries, blueberries and raspberries) at 12.2%, and apples (11.1%).
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If approved, the USDA would consolidate its power in reviewing the safety and efficacy of both GMO animals and food — something that should be of real concern to organic advocates.
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Congrats to my NYC friends Jason Karp, Jordan Brown and Jessica Karp on their sale of Hu for a reported $340M. An amazing accomplishment!
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According to SPINS data, the Glyphosate Residue Free certification market has reached $204 million, an increase of 58.2% over the previous year.
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Everyone in the organic industry will be watching this one. The company’s first 6 months of revenue for 2020 was $11.1M with a $5M net loss.
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According to a new report from IRI and the NYU Stern Center for Sustainable Business, products with a sustainability claim have continued to drive growth during the pandemic.
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The producer of organic and pasture-raised eggs posted sales of $140.7 million in 2019, with net income of $3.3 million.
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Mexico-based Sesajal, a producer of oils, grains and seeds, took a minority stake in the organic, plant-based snack brand Rhythm Superfoods.
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Nestlé is acquiring a majority stake in Vital Proteins, a maker of collagen bars, beverages, capsules and powders.
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Credit Suisse is predicting that U.S. packaged food companies’ retail sales will grow by an average of 15% to 30% from March to May 2020.
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USDA-regulated food products will be able to carry the “healthy” label claim if their fat profile contains predominantly mono and polyunsaturated fats or a serving has at least 10% of the government-set daily value of potassium or vitamin D.
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Horizon Organic will also assist its more than 600 farmers with low- and no-cost loans from an initial $15 million fund to provide capital, training, technology and tools to enhance sustainability practices.
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Large manufacturers need to disclose detectable bioengineered ingredients by 2022, and attorneys and analysts think many will wait until the last minute.
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