pladis has formed an internal ventures team in North America to help incubate new brands and bring its products from other countries to the US as the company said the region is 'a priority market and is well on track to achieve $1bn in sales'...
Frozen fruit bars producer Modern Pop hopes to gain market share and grow rapidly with a new round of investment from three venture capital firms: Cambridge Companies SPG, Rocana Venture Partners and Steelpoint Capital.
Special K cereal bars in the UK are now added with wholegrain oats, whole fruit pieces and nutrients such as vitamins B3, B6 and folic acid, and their weight has increased from the original 21.5g per bar to 27g.
Kellogg has introduced two limited edition pastries under its Pop-Tarts brand to the US with two side-by-side flavors in one tart to capitalize on a growing penchant for nostalgic purchases by aging millennials for sweet baked goods.
In two decades, Bare Snacks has evolved from solely an apple chips company to the current leader in the US dried fruit and vegetable snacks space with ‘super strong double-digit growth’ year-over-year, says CEO Santosh Padki.
A study by consumer intelligence company Catalina found the center of the retail store is by no means dead and consumers can be enticed back by innovative products, especially when it comes to bakery and snacks.
BakeryandSnacks hosted a panel discussion at ProSweets in Cologne, Germany, to delve into the plant-based trend: discussing its effects, the pros and the challenges it is having on the snacks and confectionery sectors.
Jeff Harmening, General Mills’ CEO, told attendants at the Consumer Analyst Group of New York (CAGNY) the company could see more acquisitions as part of its ‘reshape the portfolio for growth’ strategy.
Plant-based protein snack maker No Cow's founder Daniel Katz said General Mills has been providing resources to grow his company, which has grown double-digit monthly since receive the cash boost last year.
Kellogg’s venture capital fund eighteen94 has made its first investment in the in-car commerce company Cargo, but the agreement does not guarantee that Kellogg snacks like Pringles will be available in Uber.
Donuts were once ‘uncool’ but they are now one of the leading products in the independent, trendy gourmet, handmade sector, apparent with the opening of new concepts stores on both sides of the Atlantic.
BakeryandSnacks and ConfectioneryNews will be hosting a panel discussion at ProSweets in Cologne, Germany, to delve into the plant-based trend; discussing its effects, the pros and the challenges it is having on the snacks and confectionery sectors.
Mondelēz has teamed up with Post Consumer Brands, Post Holdings’ cereal division, to launch several cereal products using flavors of its long-established cookie and cracker brands, including Honey Maid, Nutter Butter and Chips Ahoy.
Campbell Soup could take share from Kellogg in the US convenience channel after acquiring Snyder’s-Lance, as the cereal giant is abandoning the direct store delivery (DSD) model for its entire snacks division, said Euromonitor analyst Jared Koerten.
Hershey’s acquisition of Amplify Snacks has made the chocolate company the second largest popcorn producer in the US market, ‘second to Frito-Lay,’ who owns Smartfood, said Euromonitor analyst Jared Koerten.