Synopsis
BevNETs Taste Radio is the podcast for food and beverage professionals, where we talk trends, interview the leaders and rising stars in the industry and discuss knowledge and topics that we hope entrepreneurs and pros everywhere find useful.Tell us what you think at ask@tasteradio.com. You can also email us if you are interested in Taste Radio sponsorship opportunities. If you like Taste Radio, share it with a colleague, will ya?See you every Tuesday!
Episodes
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Raising Capital? BFG’s $125M Fund Should Be In Your Sights.
23/04/2024 Duration: 34minVenture capital firm BFG Partners invested in Mid-Day Squares when the brand’s founders were still hand crafting their functional chocolate bars in a Montreal apartment. BFG managing partners Tom Spier and Dayton Miller described their decision as “a leap of faith.” On the surface, it may seem like BFG, which has a track record of investing in high-growth companies, as a somewhat surprising move. But Tom and Dayton note that their evaluation of Mid-Day Squares was – as with every business they fund – based on four key criteria: people, product, brand and strategy. Established in 2014, BFG is focused on investments in better-for-you and sustainable brands seeking seed through Series B rounds of capital. The firm recently announced the activation of its third fund, which according to a February press release, has commitments “already approaching 70%” of its $125 million target size. Fund III follows ones valued at $54 million and $108 million, respectively. BFG’s portfolio includes stakes in several food and b
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It’s A Gen Z(ero) World. But, You Don’t Need Millions To Get Their Attention.
19/04/2024 Duration: 50minAs expected, commerce reigned at the annual Coachella music festival, but which food and beverage companies stood out? We have a report. This episode also features conversation with Laura Merritt, the CMO of Diageo Beer Company, who discusses how Guinness’ non-alcoholic Zero variety is helping the brand cultivate a new generation of consumers. 0:35: A Sordid Past. Cat’s Milk. The Bramins. Jacqui’s Spirits. Robin’s Egg Blue. TB12 In 0.5 Sec. – Jacqui chats about personal pub culture before diving into her trip to Coachella and interactions with a handful of brands, including one that slyly promised “a good time.” The hosts briefly discuss Momofuku’s decision to abandon its trademark battle and the proper way to say “pecan,” two products that highlight a new era for cocktail culture, a game-changing package for condiments and, perhaps, the most beautiful color in the world. 32:36: Interview: Laura Merritt, CMO, Diageo Beer Company – Laura is the marketing lead for Guinness, the iconic brand best known for its d
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She Built An Iconic Brand By Thinking ‘Purely’ Every Step Of The Way
16/04/2024 Duration: 29minAfter 15 years at the helm of one of the most admired better-for-you brands in the food industry, Elizabeth Stein is happy to share. The founder and CEO of Purely Elizabeth, which markets natural and organic granola, cereal and oatmeal, Elizabeth has long been at the forefront of incorporating ancient grains, such as chia seeds, quinoa and amaranth, into products that are designed for mainstream consumers. Since launching in 2009, Purely Elizabeth has gradually expanded beyond its roots in the natural channel and into conventional and mass retailers, including Publix, Target and Walmart. Consumer demand and consistent retail growth has attracted investors. In 2022, Purely Elizabeth announced the close of a $50 million Series B funding round, one that has fueled investment in marketing and product innovation. In this episode, Elizabeth joined us for an expansive conversation in which she shared lessons learned during her journey as food entrepreneur, including how she positioned Purely Elizabeth to stand out
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Maybe Momofuku Doesn’t Deserve This Heat. Then Again…
12/04/2024 Duration: 32minMomofuku built its reputation as a company that was always willing to stir the pot. It may, however, regret stirring this one. David Chang’s restaurant and consumer brand empire is under fire for sending cease-and-desist letters to brands using its trademarked term “chili crunch,” a move that has elicited rage among some in the food industry who feel that Momofuku is unfairly targeting small, women-owned and minority-led businesses. The hosts leap into the fray with their own takes on this hot and developing story. They also riff on Japanese TikTok, ASMR videos of people eating, a new spirit brand that, according to the founder, may make your brain “bounce that ass,” and a bevy of new food and drinks, including a non-alcoholic negroni and a brand that has “pretzelized” your favorite snacks. Show notes: 0:35: Soccer Talk Eclipses NCAA History. Everyone Seems Agitated, Except VIPs. Jacqui’s Finger Wink. – Four hours before his beloved Arsenal is set to take the field, Mike is glistening and hydrating. John an
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Why Getting To ‘Zero’ Means Winning Today… And Tomorrow
09/04/2024 Duration: 45minWhat role can bars and mixologists play in protecting Earth’s fragile environment? It’s a question that Juan Torres Master Distillers, the maker of Torres Brandy, has attempted to answer via an innovative competition. A highly regarded spirits brand based in the Penedès region of Spain, Torres Brandy is the creator of Zero Challenge, an annual international competition whose aim is to promote, identify and reward environmentally friendly solutions in the management of bars and crafting of cocktails. The 2024 Zero Challenge finals were held last month in Barcelona and featured 10 bartenders based in countries from around the world, including Finland, Estonia, Spain, Mexico, Italy, Canada, the United States and the United Arab Emirates. Each presented a project intended to improve sustainability and reduce environmental impact within their bars and included solutions often specific to the impact that climate change is having in their respective regions. They were also challenged to develop a cocktail using Torr
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A Trendy Retailer May Have Run Its Race, But There’s Still Road Ahead
05/04/2024 Duration: 27minWhat happens when a small, but influential, retailer unexpectedly closes all of its stores? What’s the impact on suppliers? What does its closure say about the trends it embraced? The hosts share their thoughts on Boisson’s surprising shutdown. They also test out an innovative countertop machine that produces on-demand plant-based milk and highlight a motley crew of RTD beverages (including a tomato-flavored tea and pistachio milk latte) as well as an upstart brand of samosa inspired by Caribbean flavors. Show notes: 0:35: Ray Burgundy. We Had An Inkling. Nu & Tasty. Pure Peruvian. Whiskey And Chicken. Churn, Baby. – The opening script is a bit off, but Ray makes an adjustment. The hosts reflect on their 2023 predictions about the future of dry bottle shops and discuss the news about Boisson “restructuring,” before Mike whipped up oak milk lattes with the press of a button. They also chat about a secret ginger deal caught on video and what keytars have to do with a buzzy lifestyle trend and indulge in a
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How Momofuku’s ‘Objection’ Helped It Generate $50M In Sales
02/04/2024 Duration: 38minMarguerite Zabar Mariscal is rarely satisfied. It’s not in her DNA, she says, nor that of the companies she helms: Momofuku, the admired restaurant group founded by David Chang, and Momofuku Goods, a brand of restaurant-quality pantry items inspired by modern Asian cuisine. Marguerite, who took the reins of Momofuku in 2019 and co-founded its consumer brand the same year, describes the companies’ opposition to complacency as “a conscientious objection” that has fueled constant improvement. That mindset helped Momofuku Goods generate $50 million in revenue in 2023, a year in which the brand was available in less than 4,000 retail locations. Despite the remarkable growth of Momofuku Goods, Marguerite is loath to rest on her laurels. She is, however, willing to be patient and cautious – perhaps to a fault – when it comes to the brand’s next stage of development. We spoke with Marguerite about her leadership and management of both Momofuku and Momofuku Goods in an interview recorded at Expo West 2024. Within our
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Bonus Content - April Fools, Allulose and Alternatives to Ozempic
01/04/2024 Duration: 15minIn this special presentation of our sister show, CPG Week by BevNET and Nosh, host and Nosh managing editor Monica Watrous tests reporters Brad Avery and Lukas Southard to see if they can tell the difference between real CPG items and prank products that have shown up in marketing campaigns over the years and the group discusses how allulose is being talked about as “nature’s GLP-1.”
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When Hype Engulfs An Entire Industry, What Are The Lessons?
29/03/2024 Duration: 36minFive years ago, seemingly every food and beverage brand was incorporating CBD into its innovation strategy. Of course, that’s no longer the case. What generated the hype, and what lessons can be drawn from CBD’s rapid rise? The hosts discuss. They also sip and snack their way through an unusual mix of products, including hot dog water (!), crispy beef jerky, candy-flavored coffee and “lox in a box.” Show notes: 0:35: Build A Birdhouse. No Habla Anything. Jacqui Got NIL. Leprechauns Are Bad. WTF 7-Eleven. – Mike is back from the Big Apple where he was overseeing preparations for BevNET Live Summer 2024, an event that will give attendees plenty of opportunities to meet one-on-one with retailers, including Whole Foods, and best-in-class service providers. We learn that Ray can’t speak a lick of Spanish, Jacqui’s bracket is busted and why communication about THC is a relative “brez.” The hosts also dive a little too deep into hot dog water, get sauce-y on a couple new-ish products and wonder about eating smoked
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Patagonia’s CEO Shares The Playbook On Preservation & Provisions
26/03/2024 Duration: 15minIt’s not everyday that you get an opportunity to sit down with the CEO of one of the most influential companies in the world, so when given the chance to speak with Ryan Gellert, who has helmed pioneering outdoor apparel and gear company Patagonia since 2020, we jumped at it. We met Ryan at Natural Products Expo West 2024, where he was on hand to help promote and speak about Patagonia Provisions, a company division formed in 2012 that markets responsibly-sourced food and beverages, including a variety of tinned seafood along with kernza-based pasta and beer. Patagonia Provisions is led by general manager Paul Lightfoot, who is also the chair of the board of Regenerative Organic Alliance, a trade association that certifies food made with sustainably sourced ingredients. Ryan has often said that whether the company is selling sporting apparel or smoked mackerel, Patagonia is guided by its mission of being “in business to save our home planet.” It’s a bold declaration and one that carries significant responsibil
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The Innovation You May Have Overlooked At Expo West
22/03/2024 Duration: 29minExpo West 2024 remains top of mind for the hosts, who discuss how attendees’ perception of innovation and their evaluation of new products has evolved in recent editions of the annual event. They also speak about how a confluence of global flavors and convenient, clean label foods and beverages is a positive sign for the industry as a whole. Show notes: 0:35: Cognitive Jamon. Expo Trollin’. Call Congress. MENA-Licious. Taco Bell Coffee? Paneer Pops. - On location in Barcelona, Ray chats about a notable cocktail competition and wonders if functional ham could be good for the city’s denizens. John follows up on his Linkedin post about “meaningful innovation” at Expo West, Mike prompts Ray who prompts listeners to call their elected leaders about an often overlooked topic, and the hosts collectively praise the growing accessibility of high quality, culturally-inspired and occasion-based snacks and frozen meals. John can’t stop eating a limited-edition line of chips and recalls when Mike accused a brand of usin
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This Simple Mantra Is At The Core Of RIND’s $25M Success Story
19/03/2024 Duration: 35minWhen RIND Snacks debuted in 2018, founder and CEO Matt Weiss won plaudits for creating an innovative and eye-catching brand of upcycled fruit snacks. Six years later, the New York-based entrepreneur is being lauded for transforming RIND into a vertically integrated healthy snack platform. Industry acclaim is nice, but Matt will say that his primary focus is to create lasting value for his company, shareholders and consumers. Last month, RIND, which markets dried fruit snacks and fruit and nut mixes that are sold in retailers across the U.S., announced the acquisition of Small Batch Organics, a Vermont-based manufacturer of granola products. According to a press release about the deal, the combined companies will have a retail footprint that will include 12,000 locations and generate over $25 million in sales by the end of 2024. RIND’s decision to acquire Small Batch Organics is rooted in Matt’s mantra: “do something to drive ever-forward progress.” It’s a statement of intent to which he frequently returned du
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Our First Round Of Faves From A Fabulous Expo West 2024
16/03/2024 Duration: 30minAnd, breathe... having combed the cavernous halls of a gargantuan Natural Products Expo West 2024, the hosts had plenty to discuss. From innovative new products and fast-growing categories, to trendy ingredients and exhibitor enthusiasm, this episode provides their first recap of an incredible event.
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Kyle Cooke, Loverboy & The Reality Of Building A Lifestyle Brand
12/03/2024 Duration: 33minThe cultural relevance of reality TV stars is typically short-lived. Kyle Cooke, however, is playing the long game. Best known as a cast member on Bravo's popular television series "Summer House," Kyle is also the founder of Loverboy, a fast-growing brand of premium sparkling hard teas, spritzes and canned cocktails launched in 2018. Loverboy is prominently featured on “Summer House” as it has throughout the show’s past five seasons during which Kyle has given viewers an inside look into the brand’s development. “Summer House” has been a boon for building awareness and eliciting trial of Loverboy, but Kyle points out that the brand wouldn’t have the traction it does without delivering on the better-for-you ingredients and flavor that consumers are increasingly seeking out from RTD alcoholic beverages. Consumer demand has generated plenty of retailer interest; the brand is currently available nationally at Kroger, Whole Foods and Total Wine & More. In this interview, Kyle speaks about how he has cultivate
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Why Isn’t Big CPG Acquiring More Better-For-You Brands?
08/03/2024 Duration: 34minA recent Forbes article sparks the hosts’ passionate discussion about the role that food and beverage conglomerates should play in the health and wellness of American consumers, both now and in the future. They also opine on whether JuneShine’s acquisition of Flying Embers is good for the hard kombucha category, chat about Expo West preparation and highlight a handful of new spicy, sweet and savory snacks and libations. Show notes: 0:35: Super Random. Unofficially Ready. A Majority Stake. What To Do About UPF. Karma, Cake. – Jacqui’s thrifty sensibilities kick things off, before the hosts talk about NOSH’s multi-part guide to Expo West and offer their two cents on a big ‘booch deal and why it makes sense. Errol Schweizer’s opinion piece about why now is the time to reinvent processed foods has Ray once again leaping onto his soap box, stirring the pot and pointing fingers, while John, Jacqui and Mike offer their own perspectives on the subject. Ray shares a new snack and dip with John, Mike gets everyone’s
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Why Jay Shetty Revels In The Uncertainty Of Entrepreneurship
05/03/2024 Duration: 44minFormer monk. Wellness influencer. Podcaster. Beverage entrepreneur. Jay Shetty, who is one of the most well-known and respected names in the field of self-improvement, is all of those things. But it’s an emphasis on purpose – in everything he does – that best defines him. Jay is the author of two New York Times bestselling books, including “Think Like a Monk,” and host of On Purpose, one of the most popular podcasts in the U.S. He’s known as a life coach to the stars, praised by the likes of Gwenyth Paltrow, Matt Damon, Jennifer Lopez and Ben Affleck. He also has a vast following on social media, with over 15 million followers on Instagram and nearly 5 million subscribers on YouTube. In 2021, Jay and his wife Radhi Devlukia-Shetty, herself a popular fitness and plant-based foods influencer, launched Sama, a brand of tea sachets made with natural and adaptogenic ingredients. That concept evolved into Juni, a four-SKU line of ready-to-drink sparkling teas made with a “Super 5” blend of adaptogens and nootropi
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When (And Why) New Is Better Than The Original
01/03/2024 Duration: 32minLegacy brands are hard to replace. Consumers trust these products, often because flavor, texture and mouthfeel are known and reliable. And, yet, they’ve also shown an increasing willingness to swap familiar snacks and libations with those that are lower in calories or sugar and promoted as better-for-you. That dynamic is becoming even more significant among natural and organic brands that have developed products that taste remarkably similar to – and, in some cases, better than – the familiar items that have become refrigerator and pantry staples. In this episode, the hosts highlight several entrepreneurial brands that are winning over consumers and retail buyers with healthier ingredients and comparable taste to that of traditional counterparts. They also discuss Liquid Death’s Death Dust, a new line of drink powders that (surprise, surprise!) have generated some controversy. Show notes: 0:35: John Isn’t A Star Wars Guy. Blue Damn Raspberry. Stickers Of Approval. Expo Secrets Revealed. – John returns to the
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‘When You Try To Quantify The Magic, That’s When It Stops.’
27/02/2024 Duration: 38minAn innovative brand of high-protein, low-carb and vegan ramen, immi defines disruption. Known for its neon-yellow branding and unconventional social marketing, immi launched in 2021 and has developed a loyal community of consumers who view it as a healthier option than traditional ramen. Available in six varieties, immi is currently sold in over 2,000 retail locations nationally, including Whole Foods, Sprouts, HEB, The Fresh Market and Wegmans. Immi has pulled in nearly $14 million in outside capital, including funding from R&B icon Usher and professional tennis star Naomi Osaka. It might be easy to view immi’s rapid start and assume that its founders have done most things right. But as with many young brands, a lot of things went wrong before immi eventually found its footing. Patience, the founders’ overarching vision to “create a nourished and happier world,” and consistently reminding themselves that challenges may lay ahead have been keys to the company’s current trajectory. In this episode, co-foun
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‘Shrooms, Magic & Otherwise, Are On The Rise. Plus, What's BarTrending?
23/02/2024 Duration: 54minMushrooms are having more than a moment. But how far can fungi go? The hosts discuss the potential for “magic” and functional forms of the trendy ingredient. They also riff on a prediction that cannabis drinks could be “the most common weed consumption method in the next 5-10 years,” deride overly enthusiastic terms on LinkedIn and Instagram, and share their respective takes on snacking pasta and Ritz “White.” We also feature an interview with Amy Racine, the beverage director for New York-based hospitality group JF Restaurants, about the evolution of on-premise drinking culture. Amy speaks on how current trends in wine and spirits influence beverage strategy, the impact of consumers becoming more educated and informed about higher quality adult beverages and why she compares growing demand for no and low-alcohol drinks to that of vegetarian food. Show notes: 0:43: Dr. Evil Craven. Jacqui Uses Eventbrite. Mike Is A Propaganda Hunter. Cannabis On Tap? Crunch Time – John was out of town, but his presence – and
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If Gatekeepers Move The Goalposts, Sharpen Your Aim
20/02/2024 Duration: 23minIf it feels like you’re navigating constant shifts in how retailer buyers measure traction and determine metrics for success, you’re not alone. Jason Burke, for one, has been wrestling with the issue for years. Jason is the founder of The New Primal, a better-for-you meat snack brand that debuted in 2013, and also sauce and seasoning brand Noble Made, which launched in 2023. The New Primal is best known for its 100% grass-fed beef sticks, along with all-natural chicken and turkey varieties, and is carried at retailers nationwide including Whole Foods, Sprouts, Giant, The Fresh Market and Lazy Acres. Noble Made markets a range of clean ingredient products including reduced-sugar BBQ sauces, dairy-free buffalo sauces, meat seasonings and a “Sloppy Joseph” skillet sauce, many of which are available at the same retailers as The New Primal. Although Jason and his team have built The New Primal into one of the best-selling natural meat snack brands in the U.S., he is consistently evaluating its retail strategy and