Food and beverage industry news covering CPG giants, restaurant suppliers, ingredient trends, regulation, and consumer packaged goods.
Grand View Research projects the global bakery products market will reach $841.8 billion by 2033, driven by a 5.5% compound annual growth rate. Growth is fueled by demand for convenient foods among time-constrained consumers, particularly in the US, despite rising ingredient costs from supply chain issues.
This piece suggests that Swedish candy is experiencing a surge in popularity in the United States, driven by social media trends and consumer demand for products free from artificial dyes and high fructose corn syrup. It attributes this trend to the unique sensory experience offered by these stricter Swedish food regulations compared to American alternatives.
Kraft-Heinz reported Wednesday that Philadelphia Cream Cheese sales are slipping as U.S. consumers increasingly buy cottage cheese. Driven by a protein-maxxing trend, cottage cheese sales have more than doubled since 2021, directly impacting the market leader for cream cheese products.
Starbucks released its 2026 holiday lineup on November 5, introducing Tiramisu Velvet beverages and an Apple Pomegranate Refresher. The widely popular Chestnut Praline Latte is absent from cafes, sparking customer disappointment. Starbucks is also bringing back viral Bearista Glass Cold Cups for the season.
The article argues that Israel's strict kosher laws suppress the domestic market for non-kosher meat products, citing Tiv Ta'am's acquisition of Zilber Meat Products. It highlights a new artisanal plant in Petah Tikva as an exception, suggesting that religious regulations limit consumer choice and economic potential for pork and sausage producers.
Oatly is introducing a new line of fiber-rich oat milk to North America this January, featuring 5 to 6 grams of fiber per serving. The company targets health-conscious consumers and GLP-1 users with low-sugar options for coffee and protein shakes, expanding from its successful European market presence.
General Mills is evaluating the separation of its Haagen-Dazs international operations, which could result in a sale. While planning is in early stages, the cereal and food manufacturer might decide to keep the brand rather than divest it. General Mills is best known for brands such as Cheerios and Lucky Charms.
General Mills has launched a new version of Cheerios featuring an internal resealable Ziploc bag, manufactured solely at its Buffalo facility. The innovation addresses widespread consumer demand for better freshness preservation and is currently available online with a national rollout planned.
Celsius Holdings reported a 17% revenue increase to $847 million driven by strong growth in its Alani Nu brand, which offset a 6% decline in sales for its flagship CELSIUS energy drink. Gross margins contracted to 46.8% amid rising input costs and increased distribution expenses.
The article details the expansion of the Miracle holiday pop-up bar concept to nine New Jersey locations for the 2026 season. It outlines the history of the brand, its global reach, and provides specific operational dates and venues for both new and returning sites across the state.