The Good Food Institute

Angel Yeast Hosts Webinar with PPTI to Promote Sustainable Development of Proteins

Retrieved on: 
Tuesday, March 5, 2024
Fungus, Fermentation, Lipid, Multimedia, Sugar, Meat, The Good Food Institute, Nutrient, Protein

SHANGHAI, March 5, 2024 /PRNewswire/ -- Angel Yeast , (SH600298), the world's leading yeast manufacturer, recently successfully hosted a webinar event with Protein Production Technology International (PPTI), a digital publication dedicated to the alternative proteins space.

Key Points: 
  • SHANGHAI, March 5, 2024 /PRNewswire/ -- Angel Yeast , (SH600298), the world's leading yeast manufacturer, recently successfully hosted a webinar event with Protein Production Technology International (PPTI), a digital publication dedicated to the alternative proteins space.
  • Aligning with the company's sustainable strategy, the webinar was an opportunity for Angel Yeast to promote the global development of alternative proteins and bring focus to the profound impact of how sustainable proteins can advance the development of the industry.
  • He noted that although alternative proteins offer more sustainable options compared to traditional meat and dairy, they also have varying environmental impacts.
  • "The exciting world of fermentation-enabled food proteins expands the ingredient options significantly, both for the microbes themselves (yeast, algae, fungi, etc.)

Angel Yeast Hosts Webinar with PPTI to Promote Sustainable Development of Proteins

Retrieved on: 
Tuesday, March 5, 2024
Fungus, Fermentation, Lipid, Sugar, Meat, The Good Food Institute, Nutrient, Protein

SHANGHAI, March 5, 2024 /PRNewswire/ -- Angel Yeast , (SH600298), the world's leading yeast manufacturer, recently successfully hosted a webinar event with Protein Production Technology International (PPTI), a digital publication dedicated to the alternative proteins space.

Key Points: 
  • SHANGHAI, March 5, 2024 /PRNewswire/ -- Angel Yeast , (SH600298), the world's leading yeast manufacturer, recently successfully hosted a webinar event with Protein Production Technology International (PPTI), a digital publication dedicated to the alternative proteins space.
  • Aligning with the company's sustainable strategy, the webinar was an opportunity for Angel Yeast to promote the global development of alternative proteins and bring focus to the profound impact of how sustainable proteins can advance the development of the industry.
  • He noted that although alternative proteins offer more sustainable options compared to traditional meat and dairy, they also have varying environmental impacts.
  • "The exciting world of fermentation-enabled food proteins expands the ingredient options significantly, both for the microbes themselves (yeast, algae, fungi, etc.)

The Simply Good Foods Company Reports Fiscal Fourth Quarter and Full Fiscal Year 2023 Financial Results and Provides Full Fiscal Year 2024 Outlook

Retrieved on: 
Tuesday, October 24, 2023
Adjustment, Derivative, International, Health, The Good Food Institute, Earnings per share, Bellisio Foods, Convenience, EBITDA, G&A, Accounting standard, GAAP, Acquisition, Interest, Debt, Internet, Advertising, Tax, Growth, EPS, Marketing, Depreciation, Overalls, Snack, Investment, IRI, Video game, Music, Pharmaceutical industry, Bookkeeping, Oil, Security (finance), Quest

Fourth quarter fiscal 2023 net sales growth of about 17% was in line with estimates.

Key Points: 
  • Fourth quarter fiscal 2023 net sales growth of about 17% was in line with estimates.
  • In the fourth quarter of fiscal 2023, total Simply Good Foods combined measured and unmeasured channel U.S. retail takeaway increased about 11%.
  • Gross margin was 37.6% in the fourth quarter of fiscal 2023 versus 37.1% last year, an increase of 50 basis points.
  • In the fourth quarter of fiscal 2023, the Company reported net income of $36.6 million compared to $30.1 million for the comparable period of fiscal 2022.

Global Vegan Confectionery Market Size, Share & Trends Analysis Report 2023-2030 - ResearchAndMarkets.com

Retrieved on: 
Monday, October 16, 2023
Food, Beverage, Millennials, Consumer, Retail, Organic Food, Online, Acquisition, Cholesterol, The Good Food Institute, Kit Kat, Distribution, USD, Chocolate, Lactose intolerance, Growth, Supermarket, Research, Sale, Speciality chemicals, Dairy, Nestlé, Flour

The "Vegan Confectionery Market Size, Share & Trends Analysis Report By Product (Chocolate, Sugar, Flour), By Distribution Channel (Offline, and Online), By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Vegan Confectionery Market Size, Share & Trends Analysis Report By Product (Chocolate, Sugar, Flour), By Distribution Channel (Offline, and Online), By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.
  • The global vegan confectionery market size is anticipated to reach USD 2.62 billion by 2030.
  • The global vegan confectionery market is experiencing significant growth driven by several key factors.
  • The vegan confectionery market is expected to register a CAGR of 9.9% from 2023 to 2030.

Real Good Foods Highlights Another Record Dollar Sales Figure in the Most Recent SPINS Measured Channel Results

Retrieved on: 
Tuesday, October 3, 2023
Acceleration, Good, Poultry, Frozen, Diet, Health, The Good Food Institute, Buttrey Food & Drug, Costco, Alternative medicine, US, Mass, Love, Consumer, Growth, Food, Wellness, Agriculture, Convenience food, Breakfast

CHERRY HILL, N.J., Oct. 03, 2023 (GLOBE NEWSWIRE) -- The Real Good Food Company, Inc. (Nasdaq: RGF) (“Real Good Foods” or the “Company”), a leading health and wellness frozen and refrigerated food company, today released the U.S. SPINS retail scanner performance data across all its products from the most recent period ending September 10th, 2023(1). For perspective, SPINS data captures consumption data in the Food, Drug and Mass retail channel, which represents approximately 50% of the Company’s sales.

Key Points: 
  • SPINS retail scanner performance data across all its products from the most recent period ending September 10th, 2023(1).
  • For perspective, SPINS data captures consumption data in the Food, Drug and Mass retail channel, which represents approximately 50% of the Company’s sales.
  • Real Good Foods posted record dollar sales of $9.94 million in the four-week period ending September 10th, representing 27% growth compared to a year ago.
  • The Health & Wellness Frozen Food subcategory (2), which includes Health and Wellness focused brands like Real Good Foods, grew modestly at 0.7% over the four-week period.

Good Foods Hires Shannon Maher as First Chief Marketing Officer and Expands Consumer Insights Discipline

Retrieved on: 
Tuesday, September 26, 2023
Online Retail, Retail, Convenience Store, Restaurant, Bar, Supermarket, Food, Beverage, Taste, Marketing, CPG, Shannon, Consumer, Pepperidge Farm, The Good Food Institute, Cheese, Multimedia, Research, Pulse, Data analysis, Danone North America, Growth, The J.M. Smucker Company, Management, Hormel Foods

The team recently hired industry veteran Shannon Maher as its first chief marketing officer, as well as Regina Kuzmanich as its first consumer insights director.

Key Points: 
  • The team recently hired industry veteran Shannon Maher as its first chief marketing officer, as well as Regina Kuzmanich as its first consumer insights director.
  • View the full release here: https://www.businesswire.com/news/home/20230926384327/en/
    Good Foods has hired Shannon Maher as first chief marketing officer.
  • (Photo: Business Wire)
    As chief marketing officer, Maher will guide the brand’s marketing, research & development and innovation teams, ensuring the consumer is the core focus of Good Foods and its products.
  • “Good Foods has done an incredible job at creating products that not only taste good, but are good for you,” said Maher.

BioBetter Pioneers Cultivated Meat Future with Molecular Farming

Retrieved on: 
Tuesday, September 12, 2023
Genetic distance, University of Michigan Business Engagement Center, Insulin, JVP, Hope, Innovation, Jerusalem Venture Partners, Bioreactor, Yaari, Ministry, Plant, Parity, FGF2, The Good Food Institute, Risk, USD250, HACCP, Meat, Good Food, Conference, GF, Safety, Fine chemical, Agriculture, Pharmaceutical industry, Health, GFS

KIRYAT SHEMONA, Israel, Sept. 12, 2023 /PRNewswire/ -- FoodTech start-up BioBetter, Ltd., opens its first food-grade pilot facility to accelerate the production of key growth factors for the cultivated meat industry. The company has pioneered a unique protein manufacturing platform for producing growth factors (GFs) using tobacco plants as self-sustained, animal-free bioreactors.

Key Points: 
  • Helping cultivated meat companies offer affordable and accessible products to consumers, BioBetter is revolutionizing the future of cellular agriculture with its innovative molecular farming-based production platform.
  • Currently, cultivated meat production processes are relatively expensive, making it a challenge to scale up and reach price parity with animal-based counterparts.
  • "Cultivated meat is still very expensive in comparison to conventional meat and the key is to reduce the growth medium costs to a minimum," explains Amit Yaari, Ph.D., CEO of BioBetter.
  • The company also is an active member of the Israeli Cultivated Meat Consortium, which unites academic institutions, large companies, and start-ups to collaboratively advance the field of cultivated meat.

Simply Good Foods Announces New Leadership Structure to Drive Immediate and Long-Term Growth

Retrieved on: 
Tuesday, September 5, 2023
Linda, Senior, Post, Marketing, Big Heart Pet Brands, The J.M. Smucker Company, The Good Food Institute, Acquisition, Pet food, Growth, Management, Quest

DENVER, Sept. 05, 2023 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (NASDAQ: SMPL) (“Simply Good Foods” or the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products under the Quest™ and Atkins™ brands, today announced changes to its leadership team structure to better support its near and long-term growth objectives.

Key Points: 
  • DENVER, Sept. 05, 2023 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (NASDAQ: SMPL) (“Simply Good Foods” or the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products under the Quest™ and Atkins™ brands, today announced changes to its leadership team structure to better support its near and long-term growth objectives.
  • Simply Good Foods is also excited to welcome Ryan Thomas as the new Senior Vice President and General Manager, Atkins marketing.
  • Ms. Zink, currently serving as the Company's Chief Marketing Officer, has played an instrumental role in Simply Good Foods' success.
  • “Collectively, these strategic leadership changes signify Simply Good Foods’ commitment to driving growth both now and in the future,” stated Geoff Tanner, President and CEO.

Real Good Foods Highlights Record Dollar Sales Figure in the Most Recent SPINS Measured Channel Results

Retrieved on: 
Tuesday, September 5, 2023
Good, Poultry, Frozen, Diet, Consumer, Health, The Good Food Institute, Buttrey Food & Drug, Costco, Alternative medicine, Mass, Love, Growth, Food, Wellness, Convenience food, Breakfast

CHERRY HILL, N.J., Sept. 05, 2023 (GLOBE NEWSWIRE) -- The Real Good Food Company, Inc. (Nasdaq: RGF) (“Real Good Foods” or the “Company”), a leading health and wellness frozen and refrigerated food company, today released the U.S. SPINS retail scanner performance data across all its products from the most recent period ending August 13th, 2023(1). SPINS data captures consumption data in the Food, Drug and Mass retail channel, which represents approximately 50% of the Company’s sales.

Key Points: 
  • SPINS data captures consumption data in the Food, Drug and Mass retail channel, which represents approximately 50% of the Company’s sales.
  • Real Good Foods posted record Dollar Sales in Measured Channel with consumption of $8.9m in the four-week period ending August 13th; fueled by growth in core categories and velocity increases.
  • Real Good Foods brand in total grew 29% over the four-week period vs. Year Ago, and 82% vs. 2 Years Ago.
  • The Health & Wellness Frozen Food subcategory (2), which includes Health and Wellness focused brands like Real Good Foods, grew 6.6% over the four-week period.

The Simply Good Foods Company Reports Third Quarter Fiscal Year 2023 Financial Results and Reaffirms Full Fiscal Year 2023 Outlook

Retrieved on: 
Thursday, June 29, 2023
Tax, Bellisio Foods, International, Interest, Marketing, Debt, Term loan, The Good Food Institute, Accounting standard, G&A, GAAP, Earnings per share, IRI, Derivative, Internet, EBITDA, Depreciation, Convenience, Growth, EPS, Health, Bookkeeping, Pharmaceutical industry, Recycling, Fast food, Coal, Publishing, Security (finance), Video game, Quest, Adjustment

“I’m pleased with our third-quarter financial and marketplace results that were greater than our expectations,” said Joseph E. Scalzo, Chief Executive Officer of Simply Good Foods.

Key Points: 
  • “I’m pleased with our third-quarter financial and marketplace results that were greater than our expectations,” said Joseph E. Scalzo, Chief Executive Officer of Simply Good Foods.
  • retail takeaway in the third quarter of fiscal 2023, in the U.S. combined measured and unmeasured channels increased about 11%.
  • In the third quarter of fiscal year 2023, total Simply Good Foods combined measured and unmeasured channel U.S. retail takeaway increased about 11%.
  • For the year-to-date third quarter fiscal 2023, the Company reported Diluted EPS of $0.96 versus $0.78 in the year ago period.