Food & Beverage

Bakery / Baked Goods

Bimbo Bakeries USA announces launch of new Entenmann's Donut Cakes, its first-ever baked donut cakes through its Entenmann’s brand; product comes in two flavors: Cinnamon and Sugar, and Double Chocolate Chip
Food Business News (11/03)

KFC announces US offering of two new menu items: Mac & Cheese Wrap and the Colonel's Homestyle Brownie; the family-sized brownie can be added to any bucket meal or to the US$20 Fill Up Box
MarketLine (11/03)

Savory Snacks

Hershey Snapshot: company sees 25.5% year-over-year growth in Salty Snacks, driven by distribution of Dot's Pretzels at a club retailer; company is looking to grow in Gummies next year, an area it has not taken advantage of, despite a 9% growth in Sweets
Industry Intelligence (11/03)

As part of its ‘Art Seen’ program, SunChips unveils 2023 winning artists and their original artwork, which will be featured on SunChips bags across the country; program puts a spotlight on underrepresented artists, including women and people of color
PR Newswire (11/03)

Confectionery & Sweet Snacks

Commentary: Hershey’s Q3 results top estimates, but organic volume falling 1% suggests consumers may be resisting higher candy prices; Mizuho believes prices may need adjusting despite inflation, as confectionary sector goes back to pre-pandemic trends
Industry Intelligence Inc. (11/03)

Coffee

7-Eleven announces limited-time offering of new coffee flavors for the holiday season; beverages include Peppermint Bark Coffee, Winter Wonderland Cocoa, Caramel Macchiato and Gingerbread Syrup
PR Newswire (11/03)

Graphic Packaging International customer Club Coffee secures win at Reuters Responsible Business Awards 2023 for its Boardio fiber-based canister technology; Boardio is featured in Club Coffee’s AromaPak offering
Graphic Packaging Holding Co. (11/03)

Ice Cream / Frozen Treats

Ferrero's Blue Bunny brand announces holiday launch of new frozen dairy desserts; products include Blue Bunny Frosted Sugar Cookie Soft frozen dessert, Candy Cane Crunch Mini Bars and Peppermint Stick frozen dessert
Trend Hunter Inc. (11/03)

Colombia-based Popsy ice cream brand is implementing an eco-design for its packaging with biopaper, thereby reducing 30% of the plastic material placed on market; the paper pulp used comes from sustainably managed forests
CE Noticias Financieras (Latin America) (11/03)

Packaged Foods

The Real Good Food Company to Report Third Quarter 2023 Financial Results on Friday, November 10 at 10:00 a.m. Eastern Time
Globe Newswire (11/03)

TD Cowen lowers Beyond Meat's guidance after company cuts its annual revenue for second time in 2023 on declining demand of plant-based products, negative free cash flow; business conditions 'present an existential risk to the business model'
Food Dive (11/03)

Fruits, Vegetables & Salads

Fruits et Légumes Gaétan Bono recalls whole cantaloupes in Canada because of salmonella contamination
Food Safety News (11/03)

Fish / Seafood

P.F. Chang's announces limited-time launch of its seasonal menu; items include flaming filet mignon wontons, chili crab and pork belly fried rice, and oolong Chilean sea bass
MarketLine (11/03)

Milk / Milk Alternatives

School districts in New York’s Monroe County and throughout the Northeast are scrambling to keep milk available for students after a milk carton supply chain breakdown; assemblymember names Pactiv Evergreen as company at the heart of the problem
Democrat and Chronicle (Rochester, NY) (11/03)

Dairy Products / Dairy Alternatives

UN's Food and Agriculture Organization Food Price Index falls 0.5% in October compared to September, with the dairy index being the only one to increase
CE Noticias Financieras (Latin America) (11/03)

Pet Food

Central Garden & Pet acquires premium natural dog chews company, TDBBS; addition expands portfolio, strengthens e-commerce capabilities, positioning them for growth in dog treats market
Business Wire (11/03)

Carbonated Soft Drinks

Coca-Cola announces that all 500ml sparkling beverage bottles in Canada will be made with 100% recycled PET, excluding caps and labels, by early 2024
CNW Group Ltd. (11/03)

FDA proposes ban on brominated vegetable oil, a food additive commonly used in some soft drinks; proposal based on several studies that showed the ingredient is no longer safe to use
Medical Daily (11/03)

Energy Drinks / Shots

Zacks: Monster Beverage's Q3 EPS surpass Zacks Consensus Estimate and rise 36.7% year-over-year, buoyed by expansion in energy drinks segment and product launches; sales rise 14.3%, but lag estimate, hurt by unfavorable currency translations
Zack's Commentary (11/03)

Celsius Holdings announces launch of its new Celsius Essentials product line, which will debut at the Mr. Olympia 2023 bodybuilder event Nov. 2-5 in Orange County, Florida; flavors include Cherry Limeade, Blue Crush, Dragonberry and Orangesicle
Celsius Holdings Inc. (11/03)

Non-Alcoholic Beverages

Coca-Cola Embonor's profits fall 15.4% to September
CE Noticias Financieras (Latin America) (11/03)

Coffee Holdings Co., Inc. Issues Business Update Following 2023 Annual Meeting
Globe Newswire (11/03)

Beer

Aldi decides to remove all plastic packaging from its own-brand four-pack beer and cider products; the retailer has replaced traditional plastic shrink wrap and rings with paperboard packaging that can be recycled at home
MarketLine (11/03)

Packaging Design Wrap-Up: Tesla launches beer with Cybertruck-inspired ceramic beer steins; Burger King Japan shows cleanest way to unwrap a Whopper paper wrap; device helps with opening medication blister packs
Industry Intelligence Inc. (11/03)

Wine

Pernod Ricard announces UK launch of its new 'Greasy Fingers' wine range, which company says is designed to be matched with gourmet fast food as it looks to attract younger drinkers to the category
FoodNavigator.com (11/03)

Beer Alternatives / Hard Beverages

Diageo discontinues its Guinness Cold Brew Coffee Beer in the UK after less than 18 months; company to focus more on its Guinness 0.0 and Guinness Nitrosurge
Grocer (UK) (11/03)

Alcoholic Beverages

Sapporo signs deal with Carlsberg for the Danish brewer to distribute the Japanese beer brand in Hong Kong, Singapore and Malaysia
just-drinks.com (11/03)

Boston Beer's Dogfish Head brand announces holiday return of World Wide Stout, Crimson Cru and Pennsylvania Tuxedo, as well as the offering of its new Winter Variety Pack
PR Newswire (11/03)

Retail Food Packaging

SN Maschinenbau, SUDPACK partner to create concept for in-house production of recyclable stand-up pouches with spouts designed for packaging pasty and liquid products; concept based on PP-based Pure-Line films, SPM 50 horizontal pouch making machine
Südpack Group (11/03)

With consumers looking for value across retail channels, such as club and discount channels and grocery stores, Kraft-Heinz is focused on offering various packaging formats to reach ‘the lower price per unit, price per serving,’ says incoming CEO
FoodNavigator.com (11/03)

Retail Beverage Packaging

In 2022, Coca-Cola increased its use of plastic packaging by over 6% and PepsiCo increased its use of plastic packaging by 4%, according to Oceana, which analyzed data from the Global Commitment 2023 Progress Report released by Ellen MacArthur Foundation
GlobeNewswire (11/03)

Zacks: Ball's Q3 adjusted EPS beat Zacks Consensus Estimate, up 11% year-over-year, but sales fall short and decline 10%; global beverage can shipments down 3%, marking improvement from 5% decline seen in Q2
Zacks Investment Research (11/03)

Foodservice Packaging

Subscription meal service company MealPal adds option for reusable foodservice packaging, helping New York City restaurants onboard with reuse systems; unique QR codes track each package’s journey, and the data serves as an inventory management tool
Waste360 (11/03)

Deputy commissioner of Rawalpindi, Pakistan, orders all sweets shops, bakeries, food vendors to cease practice of selling items in box packaging; directive is in response to concerns of vendors skimping on weighing food items accurately before packaging
Express Tribune (Pakistan) (11/03)

Food & Beverage Labeling

New York City Council approves law that requires chain restaurants with 15 or more locations to mark with a specific icon foods that have a high amount of sugar
CE Noticias Financieras (Latin America) (11/03)

Supermarket

Albertsons integrates shoppable recipe tool from advertising platform Chicory; tool allows customers to send products directly to a cart from within a recipe, also offers in-recipe contextual advertisements
Supermarket News (11/03)

Amazon says, despite closing its Amazon Style apparel stores, physical retail remains 'an important part' of its business; company will continue to invest in growing grocery stores
Supermarket News (11/03)

E-Commerce Trends & Statistics

Etsy's active buyers grow 4% year-over-year to a record 92 million in Q3 as sales rise 1.2% to US$3B; CEO says company is the 'opposite of Temu,' because customers prefer Etsy's 'better' quality over 'super cheap and super disposable' goods
Retail Dive (11/03)

Euromonitor expects e-commerce sales growth rates in emerging markets to surpass those of developed nations; emerging markets to constitute over 50% global retail e-commerce by 2027, driven by digitization, mobile-first strategies, younger customer base
Euromonitor International Ltd. (11/03)

Latest: Nov, 03 2023