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Ithaca Hummus' expansion into salsa underscores retailers' need to rebalance private label sales with premium offerings

Retailers investing in private label to cater to consumers trading down as inflation rises, simultaneously are looking to offset lower dollar sales with a broader selection of premium offerings that can boost basket rings – creating an opportunity for brands like Ithaca Hummus to expand into new categories. ....

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Aqua Cultured Foods' hooks $5.5m to fast-track plant-based seafood from biomass fermentation

Food-tech startup Aqua Cultured Foods’ plant-based, whole-muscle seafood made through biomass fermentation will launch in select restaurants this summer thanks in part to an infusion of $5.5 million in seed funding led by Stray Dog Capital announced this morning. ....

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Dip, savory spread sales surge as consumers shake off pandemic era restrictions

Once reserved for special occasions and parties, dips are breaking out as an everyday snack – and in some cases meal – to emerge as a fast-growing category driven by pandemic-fatigue, consumer interest in global flavors and an enviable family-friendly status that is reinforced by its versatility, according to category players and consumer research. ....

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Soup-To-Nuts Podcast: Precision Fermentation Alliance launches to promote food-tech

Precision fermentation is emerging as one of the buzziest technologies in food, and even though it has been used safely for decades without raising eyebrows, new uses and broader awareness are prompting consumer questions that if left unanswered could threaten its full potential. ....

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Trade group Founders Heritage brings transparency to cultural claims

Newly formed trade group Founders Heritage is connecting consumers to authentic products with a new certification that highlights food and beverage brands focused on unique heritages and cultures. ....

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