BakeryandSnacks spoke to Richard Pink, MD of Pink Key Licensing, about the power of heritage and how brand licensing can capitalize on it to take brands into places where the brand itself cannot go.
PepsiCo has chosen 10 emerging food and beverage startups, four of which play in the snacks category, to join its first collaborative accelerator program in North America.
Flowers Foods will acquire Canyon Bakehouse for $250m later this year to further its footprint in the US gluten-free market and capitalize on its growth.
BakeryandSnacks spoke to Gustav Melin, global licensing director for Bulls Licensing, about the Moomin brand and its stance on collaborating with food producers.
SpecPage product lifecycle management (PLM) and product data management (PDM) for formula-based food and beverage manufacturers, will partner with SVC, part of Credit Suisse, for risk capital for SMEs.
Australian company Freedom Foods has formed a joint venture (JV) with Theland New Cloud Digimart Co – majority owned by the Alibaba Group – to roll out the Arnold’s Farm brand in China.
Mondelēz has built its latest technical center in Asia in Thane, India, to develop new snack products and improve consumer science, packaging and productivity.
Robert Cantwell, B&G Foods’ CEO, has said its recent sale of Pirate Brands generated a return that is 2.2 times more than its initial invested capital for its shareholders.
The Oreo maker will launch an innovation hub ‘SnackFutures’ next month that will invest in snack startups through partnering with early-stage entrepreneurs.
Puratos has partnered with Belgian start-up Bakkersonline to create a digital platform designed to provide online selling opportunities for its artisan customers.
The market research firm has noted the growth of the US frozen snacks sector might slow down in the near future, as it comes under the pressure of the competitive salty snacks market.
Love Good Fats will be rolled out in Whole Foods stores across the US at the beginning of 2019 to capitalize on the growing popularity of the ketogenic (‘keto’) diet that sticks to low-carbs, moderate protein and high-fat foods.
Functional elements, repurposing waste ingredients, emphasis on plant-based and eco-friendly processes and packaging – these are the key elements of what today’s food technology students consider important for innovative snacks.
The US chocolate giant says it is on track to deliver its first ever $600m seasonal sales thanks to its strong sales performance leading up to Halloween.
Mondelēz’s Enjoy Life Foods has obtained FODMAP Friendly certification for 19 of its products to capitalize on the growing dietary trend is expected take off in the US.
Whole Foods kicked off a campaign across the US earlier this month to promote six emerging candy and snack brands that offer healthy alternatives, such as KitKat.
According to a poll commissioned by French toast sticks maker Farm Rich, 86% of Americans have replaced a traditional meal with a snack meal, a new Farm Rich-backed study found.
Cereal Partners Worldwide (CPW) has launched a range of organic versions of Nestlé’s breakfast cereals, including Chocapic, Nesquik and Cheerios, in France, Spain and Portugal with expectations of expanding into other markets next year.
The Japanese snacks company Calbee is introducing two new snack brands, Granola Medley and Honestly Veggie Popper Duos, to the US early next year, adding to its existing US portfolio of Harvest Snaps, shrimp and potato chips in the market.
Conagra’s CEO Sean Connolly said the company sees ‘tremendous opportunity’ to continue pushing its $2bn snacks and sweet treats businesses after posting a sales gain in Q1, 2019.
Mondelēz’s CEO Dirk Van de Put has outlined his long-term strategic plans to drive the company’s top-line growth, including a new tagline ‘Snacking Made Right,’ which reflects its consumer-centric priority.
Venture capital firm Sunrise Strategic Partners has invested in the frozen snacks maker Coolhaus for undisclosed sum with a goal of making it a $100m brand in the next three years.
General Mills has posted 0.5% rise in Q1, 2019, to reach $4.1bn, yet some brands like Fiber One have taken a toll on the company’s US snacks performance.
C.A. Fortune, a national sales and marketing agency that helps promote fresh and nutritious foods in US retailers, has opened a new office in Arkansas to serve Walmart.
Mondelēz has cut the saturated fat in its Ritz original crackers by 70% in the UK to target consumers who are becoming more aware of what they consume.
PepsiCo has announced it will select 10 startups that can drive change to the industry to support the launch of its food and beverage accelerator program in North America.
Mondelēz has launched two new Oreo flavors – spicy chicken wing and wasabi – in China to squash the misconception that ‘Oreos must be sweet,’ according to Yue Fu, VP of corporate and government affairs.
Popcorn and meat snacks have benefited from their health halo such as high protein, but these categories can further boost their sales by adding innovative flavors, a Mintel analyst has said.
Sunrise Strategic Partners is on the verge of its 10th investment; this time to capitalize on the growing better-for-you snacks category, according to CEO and co-founder Steve Hughes.
General Mills has launched new products under Fibre One and Nature Valley in the UK to give even more impetus to its snacking division, which has seen 35.4% increase in sales in the past year.
British artisan bakery Peter’s Yard plans to ramp up the production of its Swedish crispbread to capitalize on millennials’ growing love for sourdough on both sides of the pond.
AAK is opening a new innovation center in Richmond, California, later this year, to focus on increasing production of partially hydrogenated oil-free and plant-based ingredients.
US consumers will see a price increase across Hostess Brands’ portfolio, including Twinkies and Ding Dongs, as inflationary pressure has taken a toll on the company’s Q2 sales.
