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Conagra benefits from sustained and elevated at-home demand in Q3 2021

Conagra benefits from sustained and elevated at-home demand in Q3 2021
Still benefiting from a sustained consumer shift to at-home eating over a year past the onset of the global COVID-19 pandemic, Conagra has registered a nearly 10% increase in organic net sales for Q3 2021 compared to the same period last year.
The company experienced a 9.7% increase in organic net sales across its core retail segments —refrigerated/frozen (12.1%), snacks (+13.1%), and staples (+15%) – driven by a 6.1% increase in volume and a favorable price/mix impact of 3.6%. Organic net sales were partly offset by a continued downturn to Conagra’s foodservice business, the company noted.

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Impossible Foods hires former Apple creative exec as chief experience officer

Impossible Foods hires former Apple creative exec as chief experience officer
Steve Turner, the former global executive creative director for Apple's Media Arts Labs (where he worked with Steve Jobs to launch a number of iconic Apple products), has been appointed as chief experience officer at Impossible Foods, where he will report directly to CEO and founder Dr. Pat Brown.
Turner -- who spent 11 years at Apple helping to launch a number of the company's disruptive technologies including iPod+iTunes, Mac, iPhone, iPad, Apple TV and Apple Music before launching his own strategic consulting firm, Sublime, in 2017 -- will be tasked with building brand awareness and

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100% recycled ocean-bound plastic: ZenWTR attracts clutch of celebrity investors

and other success stories out there and so we
had people coming to us because they were really excited about the mission, which has
drawn quite a bit of attention, so people were asking questions and wanting to get involved in wanting to lend their voice and, and obviously their pocketbook as well.”
This isn’t a traditional kind of arrangement involving endorsements and appearances, and we “
don’t have a specific formula,” around promotions, he said. “
But our investors collectively have roughly 266 million followers on social media, so there are plenty of organic opportunities where ZenWTR will fit within what they're doing, so it'll be some, some formal, some informal.”

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Ardent Mills' answers call for keto flour that doesn't compromise flavor, function or complicate production

Ardent Mills answers call for keto flour that doesn’t compromise flavor, function or complicate production
A new line of grain-based flour blends launching today from Ardent Mills promises to deliver the low-carb health benefits consumers want without compromising taste or texture or requiring manufacturers to install new equipment.
Unlike many competing low-carb or keto flour blends that skip the wheat, Ardent Mill’s new line of white all-purpose and specialized Keto Certified Low Net Carb Flour is nut-free, grain-based and contains gluten, which allows customers to use it on their current equipment without any change to produce baked goods that are safe for consumers with nut allergies, Ken Ruud, director of innovation at Ardent Mills told FoodNavigator-USA.

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SweeGen obtains GRAS status for Reb B stevia sweetener

SweeGen obtains GRAS status for Reb B stevia sweetener
SweeGen Bestevia Reb B steviol glycoside (stevia sweetener) has received a GRAS (Generally Recognized As Safe) Letter of No Objection from the FDA for use in food and beverage formulations.
SweeGen’s Reb B is part of the company’s broader stevia portfolio, which includes Rebs D, E, I, and M. Earlier this year, SweeGen announced the successful commercial scale up of its
SweeGen.
“This GRAS status is a great milestone for food and beverage manufacturers because Bestevia Reb B expands the toolkit for tackling the hurdles of reducing sugar in products, especially in beverages,” said Hadi Omrani, director of technical & regulatory affairs, SweeGen.

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ReGrained proves mainstream market appeal for upcycled foods

ReGrained proves mainstream market appeal for upcycled foods
With a new puffs line in several points of distribution, a line of baking mixes in the works, and plans to convert oat milk byproduct into finished product applications later this year, ReGrained is building a case for the mainstream viability for upcycled foods.
Defined by
ReGrained is one of the founding member companies), upcycled foods use ingredients that otherwise would not have gone to human consumption which are produced in a way that has a positive impact on the environment (part of the association's
certification passed in January 2021 requires the upcycled foods companies must disclose the source of their carbon emissions).

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Cargill shakes up executive leadership team to drive growth

Cargill has made new hires to its executive leadership team, effective April 1, to position the company for accelerated growth in sustainable food and agriculture solutions.

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Oishii closes $50m Series A funding, sees itself as the 'Tesla' of strawberry vertical farming

Oishii closes $50m Series A funding, sees itself as the ‘Tesla’ of strawberry vertical farming
Oishii, a vertical farm growing Japanese omakase strawberries with 2-3x the sweetness of conventional US-grown strawberries, has closed $50m in Series A funding led by SPARX Group to scale its business for mass market consumption.
The $50m investment from SPARX Group’s Mirai Creation Fund II – a fund established by Toyota Motor Corporation, Sumitomo Mitsui Banking Corporation, and SPARX – will be put towards expanding Oishii’s proprietary vertical farming technology which can grow strawberries indoors at a commercial scale.
The company will also use the capital to grow and produce other fruits and vegetables.

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'Cell-cultured' best term for seafood made in bioreactors, say key stakeholders

“
In order to clearly differentiate from conventionally produced wild or farmed seafood products, an appropriate qualifier [ie. ‘cell-cultured’]
should be used to denote seafood products that are produced using the method of cell cultured technology.
The qualifier should be science-based, accurate, and informed by peer-reviewed, published consumer studies."
Such products should also be subject to allergen labeling, “
to put those with seafood allergies on notice that the same risks apply as with conventional seafood,” they said.
Memphis Meats: ‘It would simply be misleading for labeling to indicate that cell-cultured products are made primarily from plants’
In a separate submission filed with the FDA, AMPS Innovation member

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Smoothie Bowls bring 'optionality' to KIND's breakfast line up for 'flexible workforce of the future'

Smoothie Bowls bring ‘optionality’ to KIND’s breakfast line up for ‘flexible workforce of the future’
With today’s launch of a line of ready-to-eat frozen Smoothie Bowls, KIND Healthy Snacks promises to shake-up the fast-growing $3.7b frozen breakfast category while also diversifying its portfolio beyond the on-the-go bars with which it made its name to better serve consumers who increasingly are eating at home.
Featuring a frozen blend of fruit and almond milk topped with creamy nut butter and crunchy granola, the new bowls are designed to
“elevate people’s overall experience while adhering to our KIND Promise to craft snacks with a nutritionally-dense first ingredient,” Mike Barkley, CEO of KIND North America, told FoodNavigator-USA in an email.

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