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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...

ISM/ProSweets 2017

Kettle Chips ventures out of UK and to new snack territory with Snyder’s-Lance

UK business Kettle Foods is diversifying into new snacking avenues such as popcorn and potentially pretzels as it expands overseas with its parent firm.

Exclusive interview

Coffee Flour expands footprint into chocolate and baking categories

Coffee Flour, a firm that started with an idea to take advantage of discarded coffee cherry fruit, is vying for health and nutrition-focused investment partners after recently being selected by...

Exclusive interview

Whole Foods executive-created OCHO Candy fills Easter's organic chocolate void

Organic confectionery brand OCHO Candy has developed its first Easter egg after spotting an unmet need for natural alternatives during the holiday season.

Hain Celestial steps up veggie snacks portfolio with new Terra chips

Hain Celestial has added two new products to its Terra range - plaintains with sea salt and sweet plantains - both made with coconut oil.

Guest article

IGD: Top five food-to-go trends 2017

With food-to-go taking a bigger bite of grocery markets around the world, Gavin Rothwell, senior retail insight manager at grocery research organization IGD, identifies the top five trends he believes...

ISM/ProSweets 2017

Soviet era’s Long Chips’ journey of endurance

Pernes L’s Latvian snack, Long Chips, survived the collapse of the Soviet Union in 1991 and today is available in over 25 countries.

ISM/ProSweets

wow!bab targets supermarkets with baobab cereals and bars

German cereal and cereal bar company Frutelia is eyeing mainstream supermarket listings for its wow!bab product range containing baobab fruit powder.

Quarterly earnings

Kellogg to align with Pringles in warehouse distribution, further fueling US snack sales

The US food giant, Kellogg, has announced it will shift its entire snack business in North America from direct store delivery (DSD) to warehouse distribution systems to meet consumers’ evolving...

FoodVision Preview

The secret to making insects a snack staple? 'Make a shareable, social product,' says Jimini's

Alternative proteins are in high demand, but can consumers stomach the thought of eating insects whole? French start-up Jimini’s is on a mission to put crickets, worms and grasshoppers on...

ISM/ProSweets 2017

Cola-flavored biscuits: Döhler borrows from beverages for bakery concepts

Döhler showcased an array of concepts for the bakery industry inspired by drinks at ProSweets.

Full-year results

Mondelēz revenues slide 13% in 2016 as analysts casts doubt on Kraft-Heinz merger

Oreo maker Mondelēz has posted a sharp drop in reported full-year revenues as analysts speculate a potential tie-up with Kraft-Heinz is now uncertain after the Brexit vote and Trump presidency....

Mondelēz’s Milka brand enters brownies segment, ready to roll out across Europe

Mondelēz-owned Milka has launched its first brownie products in France, and plans to introduce the range across other key EU markets in 2017, according to the company’s Twitter.

Pinkster launches Gin Jam from left-over berries

British gin brand Pinkster has launched a Gin Jam, described as ‘mildly alcoholic’ and ‘ideal for putting the tipple in your teatime’.

China likely to demand more cereal from Canada: new report

The latest report from The Conference Board of Canada showed that commodities and consumer goods, such as cereals and nuts, will likely to see rising demand from China in coming...

Q4 and full-year results

Hershey bets on multi-textural snacking and Chinese e-commerce for growth

Reese’s and Cookie Layer Crunch will be major investment focuses when Hershey’s next CEO Michele Buck takes office in March, 2017, according to the company’s Q4 earnings conference call....

Cloetta eyes ‘munchy’ brand acquistions after Q4 sales growth

Swedish confectioner Cloetta has reported 3.8% net sales growth in Q4 and +3.1% for the full year as it looks to acquire impulse brands consumed between meals.

Winter Fancy Food show 2017

Ozery Bakery launches new single-serve pita bread against declining segment sales

Family-owned Ozery Bakery unveiled its latest single-serve Muesli Morning Rounds at the Winter Fancy Food Show in San Francisco this year. 

British Bakels sweetens the pot with new investment and the next generation of caramels

British Bakels has invested £1.5m ($1.9m) in a new production line specifically designed to produce a new range of caramels, expanding the company’s wet production capacity by approximately 25%.

British Bakels sweetens the pot with new investment and the next generation of caramels

British Bakels has invested £1.5m ($1.9m) in a new production line specifically designed to produce a new range of caramels, expanding the company’s wet production capacity by approximately 25%.

British Bakels sweetens the pot with new investment and the next generation of caramels

British Bakels has invested £1.5m ($1.9m) in a new production line specifically designed to produce a new range of caramels, expanding the company’s wet production capacity by approximately 25%.

Mondelēz union workers’ leader welcomes demise of TPP decision, remains silent on job loss by automation

The president of the Bakery, Confectionery, Tobacco Workers and Grain Miller’s International Union (BCTGM), David Durkee, has welcomed the demise of the Trans-Pacific Partnership (TPP) as a "significant victory for the...

Rustic Crust adds new Italian hand-held snack to American flatbread

American Flatbread has added a new snack line to bring a traditional Italian street food to America.

Tim Tam enters the US as on-the-go snacks demand rises

Australian biscuit brand Tim Tam has entered the US market for the first time after the company decided to cater to the US consumer demands for on-the-go snacks, with a distribution...

Three Squirrels cracks open first brick-and-mortar store in Suzhou City

China’s first snack company that began as an e-commerce business on Alibaba has opened its first brick-and-mortar store as part of its new year plan to interface with customers in...

Mondelēz adds new flavors to Chips Ahoy Thins cookie portfolio

Mondelēz-owned Chips Ahoy has launched two varieties to its Thins product portfolio, including oatmeal and double chocolate, to continue tapping the portion control trend in the confectionery and snack industry....

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