The Decline of Innovation in the Food and Drink Industry A recent report by Mintel has revealed that innovation in the food and drink industry has significantly decreased since 2007. Only 26% of new products launched between January and May…
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Food News
From meatballs to deli dominance: How a former Mondelēz exec is building a $1B food company
When Adam Michaels got a surprise call in early 2022 about the CEO position at Mama Mancini’s, a small prepared food company, he was initially uninterested. The CPG veteran was content at Mondelēz International, orchestrating multi-million-dollar deals for the Oreo…
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Ingredients in Focus: Specialty Food Ingredient Market The specialty food ingredient market is projected to experience significant growth between 2024 and 2030, according to a recent report from DataM Intelligence. Between changing dietary preferences, a growing population, and increasing consumer…
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2024 is poised to be the year of the influencer. Following the upheaval caused by the pandemic, many food and beverage companies swiftly transformed into e-commerce brands overnight. Influencers have emerged as the dominant force in marketing, leveraging their continuous…
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Key Points: The U.S. Food and Drug Administration has banned the use of brominated vegetable oil in foods and beverages due to safety concerns. Brominated vegetable oil (BVO) was previously allowed in small amounts to prevent citrus flavoring from separating…
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When it comes to sweeteners, the world of ingredients can be quite complex. From natural sweeteners found in plants to those that add calories to food and others that are calorie-free, the variety is vast and diverse. A recent study…