Snack makers can boost sales and secure stronger retail relations with data-driven product pairing rather than guesswork, says Nielsen Perishables Group.
PepsiCo will strengthen its snacks network in the Philippines, manufacturing Cheetos via its beverage partner Pepsi-Cola Products Philippines (PCPPI).
The Food Safety Modernization Act (FSMA) is going to squeeze smaller snack players who may not have the finances and resources to implement required changes under regulations, warns a lawyer.
Sales of snacks account for a whopping 40% of the $370 billion U.S. packaged food market and are set to grow 2% annually through 2019, thanks in large part to millennials who eat more snacks than any other group, according to analysis by Euromonitor.
Our ability to remember certain foods may influence whether we select them more than actual preference, according to Swiss psychologists.