Mars is launching CO2COA — a synthetic biology chocolate bar featuring Perfect Day’s non-animal GMO 2.0 whey protein, which is made by genetically-engineered microbes, not cows. Let’s hope consumers know what they are buying.
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Mars is launching CO2COA — a synthetic biology chocolate bar featuring Perfect Day’s non-animal GMO 2.0 whey protein, which is made by genetically-engineered microbes, not cows. Let’s hope consumers know what they are buying.
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Synbio companies are starting to realize that they will face massive pushback for being a GMO company. Make sure to read the last Organic Insider for additional information.
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With $10m in Series A funding, the carbon assessment platform Planet FWD hopes to dramatically reduce the time it takes CPG companies to evaluate and neutralize their environmental impact.
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With food-at-home prices in April 2022 up a staggering 10.8% vs April 2021, consumers are beginning to change their behavior in numerous ways.
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According to new data, the overall plant-based foods sector reported a significant slowdown (but still positive) growth for 2021 vs. 2020, with plant-based meat sales seeing flat growth while other categories grew by single digits.
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The recent round of funding was led by Manna Tree with participation from SEMCAP Food & Nutrition and celebrity investor Kristen Bell. CAVU Venture Partners received liquidity from this deal.
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RBC Capital Markets gives an interesting analysis of the plant-based investment space.
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Millennials have now become the category’s largest consumer, seeking products made with fewer and more premium ingredients.
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Attempting to redefine convenience for the modern consumer, Foxtrot just closed a $100M funding, led by D1 Capital Partners.
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Priscilla Zee, business unit director for General Mills’ Natural & Organic portfolio, said that Annie’s is experiencing explosive growth, particularly among Latinx consumers.
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Thrive Market now has more than a million paying members and generates 1/3rd of its sales from 700+ private label products.
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Animal-based meat and dairy manufacturers increasingly are addressing consumer demand for improved animal welfare and environmental impact – helping to defend and grow their sales in the face of encroaching competition from plant-based options.
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“The FDA needs to get on the ball and needs to make sure that we do what the science requires, as opposed to, what, potentially industry is asking for,” the representative from Illinois went on to say.
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Experts say this verdict could have much wider ramifications.
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First Bev has acquired a controlling stake in kombucha brand Health-Ade, with additional investment in the company coming from Manna Tree.
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Plant-based dairy brand Miyoko’s Creamery has raised $52m in a Series C round led by PowerPlant Partners.
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California-based Urban Remedy will use the funds to fuel one particular new fresh food platform: dinner, which will be launching in Q4 2021 with three to five different ready-to-eat noodle and grain-based bowls.
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The organic direct-to-consumer baby & toddler food brand has raised $44m in a Series B round led by Valor Equity Partners, with participation from long-standing partner Kairos HQ.
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Huge congrats to CEO Bob DeBorde — who has taken the brand to unprecedented heights — and to founders Jeff Church, James Brennan and Eric Ethans on the sale of the company to Paine Schwartz Partners. What Suja Organic accomplished is incredibly impressive. Not only did it play a leading role in taking cold-pressed organic juice to the masses, but it thrived in an extremely competitive category. An amazing run so far and much more to come.
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New data from Placer.ai tracking foot traffic at America’s leading food retailers shows that traffic at Whole Foods – while rebounding – remains lower than it was in 2019, while many rival grocers have staged a stronger recovery.
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After the Congressional subcommittee report alleging “dangerously high” levels of lead, mercury, cadmium and arsenic in select baby food products, Plum Organics, Happy Family Organics, Earth’s Best and others have been hit with lawsuits.
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In a very smart acquisition, Once Upon a Farm has purchased direct-to-consumer frozen organic baby and toddler brand Raised Real for an undisclosed sum.
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Shoppers sought out dairy during pandemic because of its nutritional profile and the industry’s advances around sustainability, ethical sourcing and transparency.
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