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.
The Chicago-based star brand RXBar, led by Peter Rahal, has once again driven growth for Kellogg during its latest quarter, even though the company reported a 0.4% drop in overall organic net sales in Q2 to $3.16bn.
San Francisco Equity Partners (SFEP) has acquired a majority stake in the frozen Brazilian-style cheese bread company Brazi Bites for an undisclosed sum.
UK gluten-free baking mix startup MannaVida has rebranded itself as Davina Steel and is currently fundraising through external investors to purchase a bakery facility to produce finished products.
There is a huge gap between start-ups that launch innovative products and traditional companies who don’t, irrespective of company scale, according to Practical Innovation.
Use of egg white peptides is rising among global bakery and confectionery manufacturers because the animal-based protein is a rich source of bioactive peptides that can improve human health, according to Fact.MR research firm.
Stroopwafels were a European novelty in the US a decade ago, but the increasing amount of new entries to the category in the past few years only means one thing: Americans’ demand for stroopwafels is limitless, according to Brand Passport.
Halen Brands has unveiled its latest better-for-you snacks platform, From The Ground Up, which currently offers cauliflower-made pretzels and crackers.
Nai Kang Kuan told BakeryandSnacks the inspiration for his ¡YAPPAH! protein crisps – launched by Tyson Foods to fight food waste last month – came from his experience as an immigrant.
QSR chain Tim Hortons has signed an agreement with private equity firm Cartesian Capital Group to open more than 1,500 restaurants throughout China in the next decade.
Grupo Bimbo’s recently acquired Columbian frozen baked food company, Panattiere, which, according to Global Market Insights, is an ‘evident’ sign that the frozen bakery market will experience high growth over the next six years.
