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Trends > Diversification

Diversification

Diversification

Companies are increasingly moving into new market areas in a bid to drive and grow business. It's a risk, particularly if knowledge in the new sector isn't as strong as competition, but it seems to be one worth taking...

UK popcorn sales booming, Key Note snack report finds

UK consumers are increasingly choosing popcorn over potato chips for the improved nutritional value, according to a report from Key Note.

Cereal’s ‘Great Depression’ erodes the center aisles, Euromonitor analyst says

Changing the consumer mindset is essential to bringing shoppers back into the center aisles, according to a Euromonitor analyst.

Bread dips on health concerns but pastries and cakes offer silver lining, Euromonitor analyst says

Bread has seen a drop in popularity across developed countries due to health concerns, but pastries and cakes offer manufacturers a silver lining, according to a Euromonitor analyst.

Health-conscious consumers swap sweet for savory in UK biscuits and cake market: Report

Consumers are moving toward healthier options such as breakfast biscuits and away from sweet in the UK biscuits and cake market, according to a report from Key Note.

Lotus Bakeries takes majority slice of Nakd and Trek bar maker

Belgium-based Lotus Bakeries has seen its share price jump to a near 52-week high after it acquired two-thirds of UK-based snack firm Natural Balance Foods on Monday for about £60m...

Cereal beer? Wheaties and Fulton Beer partner for new craft beer

Wheaties, the popular breakfast cereal from food giant General Mills, has partnered with a Minnesota brewer to create craft beer HefeWheaties.

Thins, late-night indulgence and ethnic: 8 snack trends to watch from Datamonitor

The global savory snacks market pulled in $93bn in 2014 alone, but what is trending and where is the market potential for future growth?

Burnt toast? Packaged bread needs investors, not innovation

UK bakers must seriously consider outside investment because product innovation won’t be enough to reverse plummeting sales, says Euromonitor.

Global savory snacks to hit $166.6bn by 2020

The savory snack market will grow 7.1% each year, driven by the increasing purchasing power of developing countries, says P&S Market Research.

'There’s going to be little tweaks in the direction of better-for-you because it isn’t just a niche group like granola people, it’s everybody'

Trendy snacks: Will seaweed, hummus and cassava spell the death of the potato chip?

The alternative chip craze has exploded with a flurry of root veg and plant products on shelf, but can they compete with or even kill off the infamous potato chip?

Patent Watch

Puffed nut future? Frito-Lay files patent for expansion method

Frito-Lay has developed a method to puff nuts and legumes for enhanced-texture snacks.

Insect protein market has enthusiasm & sustainability – now it needs a business plan

The insect protein market has been relying on its youthful enthusiasm and faith in sustainability but it needs a solid business plan to move forward, says Invenire as it seeks...

Grupo Bimbo to sweeten Spanish hold with Panrico acquisition

Grupo Bimbo is clearly looking to stretch into sweet bakery with the acquisition of local bakery Panrico SAU in Spain and Portugal, says Mintel.

Euromonitor: Liquid breakfasts are overhyped - snack bars are the future

Liquid breakfasts are not truly catching on with consumers as an alternative to cereal-based breakfast options, says Euromonitor International.

Finsbury completes acquisition of Just Desserts

Finsbury Food Group has completed its acquisition of foodservice supplier Johnstone’s Just Desserts, saving 150 jobs at the firm, after buying the business out of administration.

Fruit snack industry: The future has to be ‘less is more’

Fruit snacking has many forms but industry collectively agrees the future must be about stripping back ingredients and giving consumers fruit in its purest form.

Snacks and candy blur: ‘Competition makes us better,’ says SFA

A raft of candy makers are moving into snacks and this influx of innovation will serve the category and consumers well, says the CEO of the Snack Food Association (SFA).

Flowers Foods eyes M&A to expand beyond white bread

Flowers Foods will expand business further beyond soft white bread to align with changing consumer preferences and growth opportunities, its CEO says.

Big baking: The trends, challenges and opportunities

Where are the opportunities for bakers in retail? How important will grain research be for the future? And what kind of policy hurdles are industry truly up against?

Sweets & Snacks Expo 2015

Snack product pairing: Think fresh grapes and dairy cheese

Snack makers can boost sales and secure stronger retail relations with data-driven product pairing rather than guesswork, says Nielsen Perishables Group.

How to bolster bread: Focus on fresh and target diversified retail, says ABA

Bakers can bolster growth with fresher varieties and listings in innovative retail channels, says the CEO of the American Bakers Association (ABA).

Sweet heat: Rudolph Foods launches spring/summer popcorn

Rudolph Foods’ sweet and spicy Gaslamp popcorn variants should intrigue consumers and stave off fierce start-up competition, says its marketing and innovation head.

Snack identity crisis? ‘We’ve had a hard time getting our story told’, says SFA

The Snack Food Association (SFA) is determined to correct misperceptions held among consumers, government and regulators about the nature of the snack category and its role in health, its CEO...

Dispatches: Snaxpo 2015

Retail expert: Snack makers must get into ‘grocerants’ and e-commerce

Retail-restaurant models and e-commerce are on the rise and snack makers must act fast to secure presence in these spaces, says a retail expert.

Supermarket shake-ups to hit packaged bread hard?

Prepackaged bread could be hit harder as underperformers are squeezed off supermarket shelves, according to Mintel.

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