August 24th: What's new in the industry this week?

Featured Trend

What’s trending in the cereal category?

⚡ Cereal used to be a category where most products were high in sugar or extremely healthy with generic flavors

🆕 Over the years, the cereal category has seen a premiumization movement where newer entrants to the space introduced versions that were high protein, low carb and had exciting, and even nostalgic flavors

🚀 Products in both the Cold Cereal and Hot Cereal category that had 10 to <15g of protein saw a 24% increase in year-over-year sales

To learn more about what’s trending in the center store aisles, watch our latest on-demand webinar: 2023 Mid Year Trends – Center Store

In the meantime, here’s what we’re reading:

Latest Webinars

1. 2023 Mid Year Trends: Meat & Dairy

2. 2023 Mid Year Trends: Beverages

3. 2023 Mid Year Trends: Plant-Based

4. 2023 Mid Year Trends: Industry & Retail Trends

5. 2023 Mid Year Trends: VMS

6. 2023 Mid Year Trends: Pet

7. SuperZoo 2023 Pre-Show Webinar

8. The State of Natural Beauty with Thrive Market and EWG – SPINS

9. How to Nail Your Innovation Strategy – SPINS

Latest from SPINS

1. Superbowl Retail Insights - Deck

2. New Years Retail Insights - Deck

3. SPINS and Makeena Announce Partnership - Blog

4. Food For Thought – TikTok’s Impact on Food Trends - Deck

5. Winter Retail Insights - Deck

6. Innovation Lockdown: The Pandemic’s Impact on Retail Launches - Deck

7. Thanksgiving Retail Insights 2023 - Deck

General Industry News

How Kroger Became the Biggest Sushi Seller in America

Jim Jones named as 1st FDA Deputy Commissioner of Human Foods

What Happens When You Let a Chatbot Plan Your Meals

In a tight economy, grocery startups are getting scrappy with conserving cash

A Gen Z shopper’s take on regional grocers’ apps

Generative AI is quickly capturing grocers’ imaginations, survey shows

Giant Food to close 3 e-commerce facilities

The Fresh Market set to scale store fleet by 14% over 2 years

Dollar General opens first dual distribution center

Target adds baby, toddler offering to Good & Gather brand

Boxed acquired by MSG Distributors

Modern Retail+ Research: CPG startups’ retail distribution analyzed — from Harry’s to Poppi

BJ’s Wholesale Club ‘well-positioned’ following Q2 results

Hyper-personalization is the future, according to grocers

Is Instacart finally getting an IPO?

Snack & Beverages

Snacking

MOSH raises $3 million in Series A funding

Kraft Heinz Sees a $25 Billion Opportunity—in Schools

Slideshow: Crackers category calls on innovation

WILDE Protein Chips expand its retail distribution and production, launching new flavor

Beverages

“If The Liquid is Not Good, They’re Not Coming Back”: Brown-Forman RTD Director on Jack & Coke

Yerbaé Raises $4M, Leans Into Sports & Entertainment

Craft rum market poised to reach $2.5B by 2031

Odyssey Elixir partners with 7-Eleven and Wegmans to bring functional mushrooms “out of niche spaces”

Center of Store

Main Center Aisles

Blank Slate Kitchen spices up at-home cooking with line of Sichuan chili oil, zhug

ELAVI expands its gut-friendly portfolio with plant-based cashew butter jars

Egglife Foods adds to line with garden salsa wrap

Seeds of Change introduces ancient grain mixes

Baked Goods and Bread

Flowers Foods builds on sustainability legacy

Beech-nut launches hidden-vegetable brownies

Low-carb consumers present whole grain opportunities

Frozen

Brazi Bites expands in breakfast category

My/Mochi to roll out seasonal pumpkin spice, apple pie products

Ferrero to expand New York ice cream plant, add more than 200 jobs

Functional frozen beverage maker, Blender Bites, expands US retail presence

Plant, Protein & Dairy

Protein

The canned seafood craze continues: EcoFish plans Freshé brand growth with DTC’s help

USDA announces $123 million in grants for meat processing projects

Beef producers’ price-fixing suit dismissed

EPA denies activists on CAFO reform

Miyoko’s Creamery’s new CEO is going ‘back to the basics’

Juicy Marbles creates plant-based ribs with edible ‘bones’

Plant-based meat becomes cost-cutting target

Cheese and Other Dairy

Hastings Creamery Closes Its Doors, Leaving Producers Without a Milk Market

EPA and Hershey together commit $2 Million to Land O’Lakes Member Dairy Farms in PA

Incubator, accelerator programs supporting dairy startups

Biotechnology company formulates plant-based casein

The Urgent Company Acquired, Surperlatus Ramps Up Biz Plans

Non-Food

Vitamins & Supplements

Recent animal study investigates how melatonin may impact long-term memory formation

Rep. Duncan says proposed reorg ‘could lessen’ FDA focus on supplements

Ginseng: the root to antioxidant and DNA repair

Study questions omega-3 supplement labeling, calls for increased regulation

UK: ‘The condition is very rare, but the impacts can be traumatic’: FSA to consider label warnings as protein shake death sparks debate

Personal Care

With Everything Under $10, Glossmetics Wants To Be The Go-To Brand For Price-Conscious Gen Z Shoppers

Walmart Adds Curie To Its Growing Indie Brand Roster

The Vitamin Shoppe’s New “Beauty From Within” Displays Showcase Imaraïs Beauty, Hush And Hush, And More

How Gen Z Is Driving — and Changing — Luxury Beauty

Upcycled blood for hair care: Amino Lab develops hair loss treatment from pig plasma

Pet

Company secures patent for pet obesity probiotics

Pumpkin spice Busch beer and Krispy Kreme donuts for dogs

Education affects acceptance of insects in pet food

How consumer goods inflation may impact pet food buying