Industry News
Consumer Packaged Goods
Top stories summarized by our editors
10/15/2021

McCormick & Co.'s third-quarter sales increased 8% year-over-year and 17% compared to the same period in 2019. "Our Consumer segment results reflect the sustained shift to consumer at-home consumption, higher than pre-pandemic levels, as well as lapping the year-ago elevated demand in the lockdown days of the pandemic," said CEO Lawrence Kurzius.

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Deli Market News
10/15/2021

Walmart is ramping up its efforts to appeal to more beauty consumers by rolling out more than 40 brands, seeking partnerships with "on-trend" startups and offering "prices Walmart customers expect," said Paula Ryan, senior merchandising director for beauty. Customer feedback has spurred the addition of several more inclusive brands, such as UOMA by Sharon C., which caters to a wide range of foundation-shade needs, added Ryan.

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CosmeticsDesign
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Walmart, Ryan
10/15/2021

A 5.5% decline in beverage calories consumed per person last year in the US has contributed to an 11.8% drop since 2014, according to a reporting organization tracking the progress of an American Beverage-led initiative to lower per person beverage calorie consumption by 20% by 2024. "America's beverage companies are introducing more choices with less sugar and smaller portion sizes than ever before -- and today nearly 60% of all beverages purchased by consumers are zero or low sugar," said Katherine Lugar, ABA president and CEO.

10/15/2021

Monster Energy is rolling out the Monster Reserve premium range nationwide. The set offers two flavors -- watermelon and white pineapple -- which represent "delicious standouts from our pre-existing flavors," said Dan McHugh, chief marketing officer for Monster Energy.

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FoodBev
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Dan McHugh
10/15/2021

Stonyfield Organic has agreed to purchase milk from some of the 89 organic dairy farms in the Northeast that are being dropped by Horizon Organic owner Danone. "[W]e're committed to making sure not a single one of these farmers goes under," said Gary Hirshberg, co-founder of New Hampshire-based Stonyfield, who declined to say how many of the producers would be given contracts initially.

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Stonyfield
10/15/2021

Several studies have found cold plasma to effectively and quickly kill Listeria monocytogenes, norovirus, pathogens, salmonella and E. coli in fruits and vegetables. The process has been useful with delicate produce such as romaine lettuce and blueberries.

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Food Safety News
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salmonella
10/15/2021

The Consumer Brands Association appreciates President Joe Biden's plans to mitigate inventory shortages by keeping two California ports open 24/7, but far more federal action is needed, such as finding creative solutions to the nation's trucker shortage, said Geoff Freeman, CEO and president. "Everyone I talk to within the consumer packaged goods industry believes the strain is only going to become greater in the months ahead," said Freeman.

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CNN, DC Velocity
10/15/2021

Nestle employees have generated more than 4,000 new product concepts since the company created the Open Channel internal accelerator in 2018, as well as several market hits such as Stouffer's Mac & Cheese Bites and the Blenderful frozen smoothie cube brand, said Doug Munk, senior director of new business ventures at Nestle USA. The program helps build a collaborative work culture and a startup mindset, added Munk.

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Stouffer, new business ventures, Munk
10/15/2021

Kraft Heinz's plans to use 100% compostable, reusable or recyclable packaging by 2025 will include introducing a fully circular PET ketchup bottle in Europe next year. Other initiatives, such as developing fully recyclable and compostable Maxwell House coffee pods in Canada, prove Kraft Heinz is "committed to holding ourselves to a higher standard," said CEO Miguel Patricio.

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FoodBev
10/15/2021

Barry Callebaut has upcycled cacao fruit waste into a new antioxidant-rich drink called Elix that supports blood flow, according to a company statement. The ready-to-drink brand will debut in North America pending FDA approval of its health claims.