General Mills Invests Millions in the Vegan Company Kite Hill

General Mills Invests Millions in the Vegan Company Kite Hill

The consumer foods company General Mills is making moves to get into the vegan food market.

General Mills has invested millions into the Kite Hill, a vegan brand known for its plant-based cheese and yogurt. Led by 301 Inc., General Mills' venture capital firm, the vegan company has secured $40 million in funding.

“Kite Hill continues to set itself apart in what is now a mainstream demand for plant-based nutrition," said John Haugen, founder and managing director of 301 Inc. “As more people are making changes in their diet, we see incredible untapped potential in the market for the brand to expand its consumer base and grow.”

The vegan trend continues to spread across the country as more eaters change their lifestyle whether they are vegans, vegetarians or flexitarians. This has cultivated a high-demand for these types of products.

Kite Hill's dairy-free products like its cream cheese, cheese, and almond milk yogurts have become popular.

Read More

UberEATS Aims to Use Drones for Food Delivery by 2021

UberEATS Aims to Use Drones for Food Delivery by 2021

The ride-sharing company Uber's food delivery app UberEats isn't only investing in self-driving cars but has aggressive plans to start delivering food via drone as early as 2021.

According to a recent Wall Street Journal job ad, Uber is looking for personnel for “flight standards and training” in San Francisco. According the job listing, the tech giant is looking for individuals to develop “standards, procedures, and training while reducing operational risk for all UberExpress flight operations and will be in charge of “enable safe, legal, efficient, and scalable flight operations to deliver flights in 2019 and commercial operations in multiple markets by 2021.”

Since the "WSJ" reported on the listing, Uber has removed the listing and said that the job posting “does not fully reflect our program, which is still in its very early days.”

Although Uber was quick to remove the job posting after a media frenzy erupted, the tech company's CEO Dara Khosrowshahi has previously announced in May that Uber plans to implement drone technology.

Read More

How Rich's Helps Define Clean Label and Sustainability

How Rich's Helps Define Clean Label and Sustainability
  • Rich’s vice president of Health and Authenticity, Jen VanDeWater, shares the company’s efforts on clean labeling and authenticity in their products.

On this episode of The Barron Report, Jen VanDewater, Vice President of Health and Authenticity at Rich Products Corporation, sits down with our host Paul Barron to discuss how a large company like Rich’s is addressing concerns over clean labeling and authenticity in their products, among other topics.

Read More

Why the Cannabis Edible Market is Expected to Boom in Canada

Why the Cannabis Edible Market is Expected to Boom in Canada

We recently reported that the edible sector in the cannabis market is expected to hit $ 4.1 billion by 2022 in both Canada and the U.S. according to recent report by Arcview Market Research.

This significant growth is partially attributed to Canada rolling out legalized cannabis earlier this week.

However, the cannabis industry is a heavily regulated industry and in the U.S. and this presents some challenges. Even in the U.S. states where cannabis is legal, the regulations differ from state to state.

So popular products like Nancy Whiteman’s cannabis caramels can be sold in Oregon but can't be sold in Colorado because they are too buttery to hold the imprint of the THC symbol.

With that in mind, Whiteman's Colorado-based cannabis company is focusing on different markets when it comes to some of its edible products.

Read More

Veggie Grill to Expand to the East Coast With First NYC Store

Veggie Grill to Expand to the East Coast With First NYC Store

The fast casual chain known for its veggie-centric bowls, Veggie Grill has announced that it's expanding to the east coast with a new store in New York City's trendy Flatiron District.

The concept has 31 total stores in California, Oregon, Washington, and Illinois, but will be soon feeding the NYC masses bold yet healthy food starting spring of 2019.

The west-coast based chain launched in the Midwest with a Chicago location earlier this year. But the management team felt it was time for the fast casual to set up some roots in The Big Apple.

“The expansion of Veggie Grill to the East Coast could not come at a better time,” said Steve Heeley, Veggie Grill CEO in a press release. “Plant-based food and clean eating continues to be a growing trend, especially in big cities, so New York City is a very exciting opening for us and we look forward to joining the community there.”

Read More

Shake Shack and BurgerFi are the Only Burger Chains to Get an A on the Annual Antibiotics Report Card

Shake Shack and BurgerFi are the Only Burger Chains to Get an A on the Annual Antibiotics Report Card

The industry has evolved over the years to meet the demands of today's diners. Consumers have made it clear that they expect higher quality food product from restaurants.

With that being said, this has fueled the better-burger movement.

But this sector has quickly become competitive with so many brands for the consumer to choose from. There’s Shake Shack, Five Guys, Shula Burger, Burger 21, BurgerFi and so many more in the mix stealing away customers from McDonald’s and other quick-serve burger joints promising a better-burger burger product.

According to the latest antibiotics report card, only two burger chains out of the 25 graded received the grade A–BurgerFi and Shake Shack.

These chains are the only ones on the list serving antibiotic-free beef.

Read More

Simple Never Tasted So Good with Idahoan® Rustic Homestyle Russets Mashed Potatoes

Simple Never Tasted So Good with Idahoan® Rustic Homestyle Russets Mashed Potatoes

The majestic spud has withstood the test of time as a favorite side dish of diners, and for good reason.

Potatoes don’t just taste good, they are also good for you, offering an enriching source of vitamins C and B6, manganese, phosphorus, niacin and pantothenic acid.

According to the U.S. Department of Agriculture, potatoes are the No. 1 vegetable crop in the U.S. and the fourth most consumed crop in the world. The average American eats roughly 124 lbs. of potatoes per year.

It also holds the honor of being the first vegetable to be grown in space.

Besides the taste, the spud remains so popular because of its versatility. There are thousands of potato varieties, but the most popular include russet, red, white, yellow, purple, fingerling and petite. Potatoes can be served either baked, mashed, roasted, fried, scalloped or hashed, among many other creative options.

Read More

Kentucky Bourbon Makers Brace for New Tariffs

Kentucky Bourbon Makers Brace for New Tariffs

The American bourbon industry is one of the industries to be subjected to retroactive tariffs in response to the Trump Administration's tough trade negotiations.

In June, China, Mexico, Canada, and the European Union collectively agreed to impose tariffs on America's beloved bourbon.

Currently, Kentucky produces 95 percent of the world's supply of bourbon, generating $85 billion a year.

China imports $12.8 million in U.S. spirits a year, $9 million of which is whiskey and the EU imports $789 million of U.S. spirits a year, 85 percent of which is Bourbon, Tennesse whiskey, and rye whiskey.

So the tariffs are bound to take a hit on the industry's revenue, bourbon makers are prepping for the impact it will have on the state.

According to Eric Gregory, the president of the Kentucky Distillers' Association, Kentucky bourbon companies export the spirit to 126 countries and that the larger distillers export more than half their market overseas.

Read More

Cannabis Edibles Expected to be a $4.1 Billion Industry in the U.S. and Canada by 2022

Cannabis Edibles Expected to be a $4.1 Billion Industry in the U.S. and Canada by 2022

The cannabis Industry as a whole has morphed into a multibillion-dollar industry, but according to a recent study food infusions also known as edibles have much more potential.

Last year, in the U.S. alone, the edibles market accounted for $1 billion. This is significant considering marijuana is only legal recreationally in 9 states.

Tomorrow, Canada is rolling out legalized cannabis. With that in mind, Arcview Market Research anticipates that the edible market will be worth $4.1 billion by 2022 in both Canada and the U.S.

This tremendous growth is attractive to several beverage and snack giants.

Coca-Cola announced that that it is planning to get into the cannabis sector. The beverage giant made the statement after “Bloomberg” reported that the company is in talks with the Canadian cannabis company Aurora Cannabis, according to "multiple sources familiar with the matter."

But Coca-Cola isn't the only one jumping on the cannabis infusion bandwagon either.

Read More

Walmart's Blockchain Technology Can Give Consumers Product Traceability

Walmart's Blockchain Technology Can Give Consumers Product Traceability
  • Bitcoin’s blockchain technology is making it’s way into the foodservice industry.

  • As an example, Walmart and tech giant, IBM, have partnered together to create a digital system providing food traceability to consumers.

You’ve probably heard about blockchain as it was initially developed for, the cryptocurrency Bitcoin. But now the technology in the cryptocurrency context is being developed for the food service industry.

Blockchain as defined by Investopedia is a digitized, decentralized, public ledger of all cryptocurrency transactions. Constantly growing as ‘completed’ blocks (the most recent transactions) are recorded and added to it in chronological order, it allows market participants to keep track of digital currency transactions without central record keeping. Each node (a computer connected to the network) gets a copy of the blockchain, which is downloaded automatically.

Read More