Thailand’s JD Food believes that coconut clusters are the snacking industry’s answer to demands for a perfect combination of healthy and affordability, having launched a dedicated brand to cater to consumer demand.
The terms of KIND's first-ever acquisition were not disclosed, but the company said it would harness its distribution network and R&D capabilities to speed up innovation for Creative Snacks.
Similar to consumer trends in retail, home bakers are opting for bite-sized baked goods and healthier ingredients – making a star of citrus, coconut and hibiscus, though seasonal favorites hold strong.
Dang Foods – a Berkeley-based firm specializing in whole food snacks (coconut chips, onion chips)- is the first company to receive funding from Sonoma Brands, a food incubator run by KRAVE Jerky founder Jon Sebastiani.
Trailblazer Food Products has moved into unsweetened flaked and shredded coconut production, amid claims it has spotted a niche in the market for natural ingredients.
Following a decline in the share of coir (coconut husk) materials
used in packaging, the Asia Pacific Coconut Community, representing
coconut producers in the region, has formed a strategic alliance to
develop the industry.