The Japanese snack company has revealed its aggressive business plan to drive overseas sales in the US, UK and China through strengthened ties with PepsiCo’s sales network.
Not all snacks are equal, according to Jaren Koerten, head of packaged food at Euromonitor: some have attained premium status, while others are ‘in the process’ of premiumization.
From ‘real fruit’ and ‘gently dried’ to ‘no artificial preservatives,’ these natural call-outs permeated the floor at the annual packaged foods exposition in Chicago, sponsored by the National Confectioners Association.
We talked with Euromonitor analyst Jared Koerten at the National Confectioners Association’s annual expo in Chicago about the rise of premium snacks, textured candies, functional ingredients and consumption occasions. Here’s what he had to say.*
A new collective of research has found consumers are drawn more to claims based on the presence of something good like ‘high in protein,’ than the absence of something bad like ‘low in sugar.’
Sandwich chain Pret a Manger plans to give its Veggie Pret spin-off a turbo boost with new outlets, following the acquisition of smaller rival Eat in Veggie in response to the growing demand for vegetarian and vegan grab-and-go options.
PepsiCo’s Frito-Lay has unpacked its next instalment of the US Snack Index, which reveals that Americans go into snacking overdrive when the sun really starts shining.
Biscuit consumption is soaring in China, on the back that these intrinsic snacks offer pleasure and convenience, a boost of energy as well as satisfying hunger. They are also regarded as a well-heeled gift.
The Oreo maker’s 2018 Impact Progress Report, entitled 'Snacking Made Right', highlights its use of less energy, water and waste across the group, as well as its move to paper-based packaging and its focus on mindful consumption.
Cape Cod and Samuel Adams Brewery in New England, US, have formed the first-of-its-kind partnership to launch a limited-edition Cape Cod Summer Potato Chips.
PepsiCo and Stacy’s, under the Frito-Lay umbrella, are calling for women-led startups to apply to the Stacy’s Rise Project incubator competition, a mentorship and grant program.
