Food Industry News, Insights, and Education for the CPG Community

Once Upon A Farm is officially on the public markets. On Thursday, the baby and kid food brand announced it had raised nearly $198 million from selling about 11 million shares of common stock.

Following months of conversations with the board about its next phase of growth, Michael Adair, the founder of Red’s All Natural, described handing off the reins of his frozen foods company in January to an experienced operator as a “natural evolution.”

Project Potluck, a non-profit organization supporting People of Color in CPG, announced the four recipients of its inaugural grant program.

The Hershey Company beat expectations for its fourth-quarter and fiscal year 2025 earnings today, driven in part by double-digit price increases implemented last year to hedge against cocoa commodity inflation.

Polymarket – the online prediction market platform that allows consumers to play the odds on everything from sports games, to the likelihood of military interventions, to the day Taylor Swift and Travis Kelce will get married – is opening a free public grocery store in New York City next week.

This week on the podcast, Nosh managing editor Monica Watrous and senior reporter Brad Avery dig into the public relations crisis surrounding brands linked to prominent investor and advisor Peter Attia following recent revelations of his relationship with convicted sex offender Jeffrey Epstein. The duo also discusses the acquisition of Japanese-style barbecue sauce brand Bachan’s, Hain Celestial’s decision to divest its snack brands, and big moves by mushroom beverage makers.

Mondelēz International reported profitable fourth-quarter earnings after weathering a year of adjusting to high cocoa prices.

Easy Lunches & More, a specialized food delivery service that claims to be the “last retailer of Better Bagel,” is now shipping its own version of the product, called The Fit Bagel, after it was “ghosted” by the company, according to its Instagram page.

Whoa Dough has discontinued its first product line as it leans into a fresh new format bringing it deeper into snacking while hurdling the protein-saturated and overly-competitive bar category.

David Protein CEO Peter Rahal announced Monday night on social media platform X that beleaguered wellness influencer Dr. Peter Attia has stepped down from his role as the protein bar brand’s Chief Science Officer, following revelations that Attia had a yearslong relationship with convicted sex offender Jeffrey Epstein.

Consumers are fully aware of the increased prices they’ve been paying for groceries, prompting PepsiCo to commit to cutting its snack pricing this year by as much as 15%, the company announced today.

Family-owned candy manufacturer Primrose Candy filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for Northern Illinois last week after nearly a century in business.

Better-for-you consumer products investment vehicle CAVU announced today it has closed its fifth fund at $325 million. The firm’s total assets under management is about $1.4 billion.

Japanese barbecue sauce supplier Bachan’s has been acquired for $400 million by publicly traded food manufacturer The Marzetti Company.