September 21st: What's new in the industry this week?

September 21st: What's new in the industry this week?

Featured Trend

Which sleepy categories are primed for innovation?

📉 Using an internal historic data tool, our team analyzed categories that have declined in innovation/new product launches in the last 5 years.

 

📅 In many cases the products you will find on the shelf are the same brands and items that your parents could have bought 20 years ago.

 

🔍 In this issue we examine hot cocoa, refrigerated tofu, canned soup, and canned vegetables. What could change these products to appeal to a younger audience?

 

📊 Taking a look at soup innovation, we’ve seen that the RTE Soup subcategory hit its peak of new items around 2014 but has been on a steady decline since

 

To learn more about the categories that have seen a decline in innovation, and how these sleepy categories are primed for a shake-up, read our latest Food For Thought newsletter: Past Their Prime, Injecting Excitement into Stagnant Categories


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

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General Industry News

Kroger CEO: Merger is not an ‘arm wrestle’ with rest of the industry

TikTok launches holiday discounts to compete with Amazon, Walmart

Grocers have a long way to go in data management: Ahold Delhaize USA CEO  

Publix expands tech campus as digital investments ramp up in grocery

Sam’s Club, Giant Eagle beef up their retail media platforms

Walmart, Target follow Amazon with early start to holiday sales

French grocery chain adds ‘shrinkflation’ labels to products in bid to shame supplier pricing

Instacart’s Grocery Partnerships Are No Free Lunch


Snack & Beverages

Snacking

New Ferrero facility opens in Chicago

Cookie makers capitalizing on nostalgia

Taking pumpkin spice to the next level


Beverages

Aura Bora, Graza Olive Oil Claim ‘Dry Guys’ Title With Non-Alc Cocktail Collab

Heineken Acquires Stake in Ellie Goulding’s Served RTDs

REBBL Rebrand Targets Mainstream; “It’s a Different Consumer”

Missed Shots: How 5-Hour Is Responding to Slumping Sales

 


Center of Store

Main Center Aisles

Enrich Foods expands Great River Milling portfolio

Moyu launches better-for-you baked good applications with konjac-based mix


Baked Goods and Bread

Retail bread prices fall in August

UK’s Finsbury Food set to go private

North Dakota Mill earnings climb 17% in ‘23


Frozen

Green Giant adds to frozen vegetable portfolio

Bibigo spices up frozen offerings with Crispy Dumpling Bites

Amy’s Kitchen gets ‘back on track with innovation,' releases multipack offerings


Plant, Protein & Dairy

Protein

Missouri senator questions Tyson on alleged child labor violations

Eden Valley Poultry receives nearly C$3 million from Canada

Volpi Foods charcuterie products to be sold at Target stores

Threats mount against nearly-finalized proposed update to organic animal welfare standards

Meatless Farm is “Back for Good”, Returning to Supermarkets with National Comeback Campaign & New Product Launch

Unilever R&D tie-up develops vegan döner kebab that cooks vertically, mimics ‘shaving and grilling behaviour’

Nourish Ingredients teams with Boston Bioprocess to scale animal-free specialty fats

Alternative protein segment diverges as more plant-base players shutter, cultured meat passes milestones


Cheese and Other Dairy

August U.S. Milk Production Report Shows That Cow Numbers Are Down Slightly from a Year Ago

Senators Push FDA to Ban Lab-Grown Dairy Alternatives from Using Dairy Terms

Kraft recalls 84,000 cases of American cheese slices over choking hazard


Non-Food

Vitamins & Supplements

Now it’s personal: Unlocking the potential of personalized nutrition

Olly Launches New Supplement, Expands Men’s Health and Sexual Wellness Offering

Is clinical substantiation for nutraceuticals worth the cost?

Menopause supplements are innovating briskly

Dietary supplement groups to brief congressional staff on CBD

 


Personal Care

Nopalera Opens LA Pop-Up, Launches Personal Care Products That Can Live In Hotels And Restaurants

Have Fine Hair? New Brand Fully Fyne Is Creating Haircare Products Just For You

Upcycled Sumo Citrus Is the Star Ingredient of Loli Beauty’s First Cleanser

Zero-carbon laundry? Unilever and Oxford University tackle emissions of everyday cleaning


Pet

European pet food sales reached EUR29.1 billion in 2022

UK dog food brand launches meat-like wet vegan product

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