The frozen food revival will thrive post-pandemic as it offers a greater array of indulgent items and as consumers seek solutions to the problem of food waste, says the British Frozen Food Federation.
Frutly ‘teen’ beverage fills white space in ambient juice category, says PepsiCo While there are plenty of beverages targeting young children, with recent launches from Kraft Heinz (Creative Roots) and Nestlé (Fruity Water) offering low or no-sugar options, there is a gap in the market for teens, claims PepsiCo, which says new launch Frutly fills “a white space in the ambient juice aisle.”
Available in Strawberry Kiwi, Fruit Punch and Apple Grape flavors,
Frutly is made with water, fruit juice concentrates, electrolytes, and natural flavors, and contains 60-calories per 12 oz bottle, 15g naturally occurring sugar from the juice, and 20% of the DV for vitamin C and E. To place this in context, 12oz of Tropicana 100% orange juice contains 34g sugar.
Kraft Heinz has ended 2020 on a high note reporting a 6.2% increase in organic net sales and a 27% lift in household penetration in Q4, driven by significant gains in Ketchup, Lunchables, and Ore-Ida.
At the beginning of 2020, Kraft Heinz embarked on its multi-year transformation supported by a new operating model and platform-based prioritization of its portfolio, which has been divided into four segments: fast fresh meals; taste elevation; easy meals made better; and easy indulgent desserts. Our retail market share has continuously improved over the course of the year. What is most encouraging is that these trends are broad-based, with more than 70% of our categories experiencing positive trend bends in Q4 led by Heinz Ketchup and Lunchables, each picking up more than 2 points of share in the quarter, said Carlos Abrams-Rivers, Kraft Heinz US zone president, during a Q4 2020 management discussion call.
Givaudan – is free to use for R&D and procurement professionals.
Suppliers pay for storefronts on the site (via an annual subscription) and get access to digital marketing and e-commerce analytics capabilities, along with analytics to track key performance indicators, including the number of marketing qualified leads (MQLs) and sales qualified leads (SQLs) generated by the storefronts, Knowde co-founder and CEO Ali Amin-Javaheri told FoodNavigator-USA.
“What we’ve seen with our other verticals is that suppliers initially use Knowde for lead generation purposes, and as they get more comfortable, they turn on the transaction side of the platform,” said Amin-Javaheri, who co-founded Knowde in 2017 and has raised $20m to date from backers including Sequoia Capital.
Evolve BioSystems gets $55 million investment led by Cargill Evolve BioSystems has announced $55 million in funding from Cargill and a private equity firm to bring its infant probiotic to market scale.
Evolve Biosystems is an independent microbiome research company that was launched out of University of California, Davis in 2014. It was initially funded by the Bill & Melinda Gates Foundation. Also participating in the funding announced this week was investment firm Manna Tree.
Evolve BioSystems has concentrated on infant gut health and the importance of the
Bifidobacterium infantis species of gut microbe. Research has shown that this species predominates in the guts of babies that are breastfed. The bacterium preferentially feeds upon the otherwise undigestible human milk oligosaccharides (HMOs) found in breast milk.