Fortune | FORTUNE 08月20日
Exclusive: MAHA is reshaping Amazon and other consumer packaged goods companies’ supply chains more than tariffs right now, manufacturing platform CEO says
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美国消费品巨头正积极响应“回归健康美国”运动,调整产品配方和营销策略,以适应日益严格的食品监管和消费者对“天然”成分的偏好。AI采购平台Keychain数据显示,“天然”相关项目的占比大幅上升,显示出行业转型的迫切性。从成分溯源到生产制造,CPG公司正投入巨资优化供应链,以满足“天然”、“清洁标签”等要求。尽管转型面临成本和时间挑战,但品牌们为应对监管变化和抓住健康消费趋势,正加速拥抱这一变革,以期在市场中保持竞争力。

📈 **“天然”成分成为新宠:** AI采购平台Keychain数据显示,标记为“天然”的项目比例从2024年8月的6.81%飙升至2025年2月的21.7%,表明消费者对天然、清洁标签、无人工添加等成分的需求日益增长,CPG公司正积极调整产品以迎合这一趋势。

🔄 **供应链重塑与成本挑战:** 为了满足“天然”定位,品牌正在重新评估采购策略,甚至更换制造商,这可能导致更长的交货时间、更高的成本以及供应链的整体重塑。小型品牌尤其面临资金和运营上的压力,而大型企业则需快速响应以避免落后。

⚖️ **监管趋严驱动变革:** 除了消费者偏好,食品监管的收紧也是推动行业变革的重要因素。例如,美国政府逐步淘汰石油基食品染料,促使品牌更加关注成分的来源和合规性,转向更安全的替代品和双重溯源策略。

💰 **成本与效益的权衡:** 虽然转向天然成分可能降低原材料成本,但保质期缩短和生产成本的增加,需要更优化的物流和更新鲜的供应链来弥补。品牌需要在这些因素之间找到平衡,以维持产品的市场竞争力。

🚀 **市场反应与未来趋势:** 市场已开始按照新的“天然”标准进行运作,那些未能及时调整的品牌将面临被淘汰的风险。CPG行业正经历一场深刻的变革,拥抱健康和天然成为未来发展的关键。

U.S. consumer packaged goods (CPG) giants are racing to get ahead of President Donald Trump’s Make America Healthy Again movement. Looming food regulatory changes and social media-driven consumer behavior changes are reshaping the intricate web of ingredient sourcing, manufacturing and marketing, and shifting supply chains.

Keychain, an AI-powered sourcing platform that serves some of the world’s biggest brands and retailers, including Amazon, 7-Eleven, and General Mills, saw an uptick in projects flagged as “natural” from 6.81% in August 2024 to 21.7% by February 2025, according to company data.

Keychain founder and CEO Oisin Hanrahan told Fortune CPG companies and stakeholders in the industry are “more focused” now on RFK Jr.’s influence and the MAHA movement than they are on tariffs.

“From where we sit at Keychain and the conversations we’re having daily, MAHA is reshaping how CPG companies think about formulation and marketing, especially what counts as ‘natural,’” Hanrahan said in an exclusive interview.

For the sourcing platform, projects categorized as “natural” include keywords such as: natural, clean ingredients, clean label, no artificial ingredients, no artificial flavors, organic ingredients, better-for-you, non-GMO, and no seed oil. RFK Jr. has previously said Americans are being “unknowingly poisoned” by seed oils, despite scientific research refuting this claim.

Keychain has tallied more than 10,000 natural projects for each of the past three quarters, which amount to more than $3 billion in value.

Processed-food titans and produce growers are modifying advertisements and products to profit from the MAHA movement, which in some cases, has led to jumps in sales, The New York Times recently reported.

Keychain, which just closed a $30 million Series B funding round led by Wellington Management and existing investor BoxGroup, serves eight of the top 10 American retailers as well as small businesses. Hanrahan said everyone wants a piece of the MAHA pie.

“Brands are actively rethinking sourcing strategies, in some cases shifting to new manufacturing partners altogether to meet ‘natural’ positioning requirements,” Hanrahan said. “That’s not a small task.”

Sourcing reformulated ingredients, especially those that meet a “better-for-you” threshold, often comes with longer lead times, higher costs, or the need to entirely revamp supply chains, Hanrahan said. Notably, smaller brands looking to tweak their products feel the squeeze the hardest, lacking the financial and operational flexibility of the CPG giants.

Even for top retailers, rapid adaptation is key to staying relevant. 

“Larger brands might be better-positioned to absorb those costs or shift schedules, but even they’re feeling pressure to move quickly and avoid falling behind the consumer narrative,” Hanrahan said. 

But brands aren’t just looking to profit from the health trend, they also are staring down a regulatory reckoning underway.

Former President Joe Biden’s administration banned Red Dye No. 3 in January just before he left office, but Trump moved in April to expedite the shift as part of a larger phase out of  petroleum-based food dyes from the American food supply. 

Keychain’s real-time data and search tools have let brands and private labels dissect their sourcing at the most granular level, Hanrahan said.

“There’s more focus now, not just on finding an American manufacturer, but on breaking down every component—manufacturing, ingredients, packaging—into its origin and compliance,” Hanrahan says. As MAHA standards tighten, brands have turned to dual-sourcing or dual-manufacturing strategies, a shift first seen during the COVID-19 pandemic.

As for price changes to come from the MAHA shift, Hanrahan said counteracting forces will most likely keep food products’ sticker price steady.

“Reverting back to more natural ingredients actually reduces the cost, in some cases, of the raw ingredients and the bill of materials,” he said. “But shelf life goes down and production costs go up, which means you need better logistics and fresher supply chains.” 

Some manufacturers and brands are willing to make the jump for fear of losing health-conscious consumers and looming regulatory changes. 

After months of urgent responses to tariffs and trade disruptions, the action and anxiety in CPG boardrooms is now shifting to food regulation—what gets banned, reclassified, or relabeled next. 

“The market is already behaving as if the rules are here,” Hanrahan said. “Brands that are unable to keep up risk being left behind.”

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CPG 健康食品 天然成分 供应链 食品监管
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