Despite hitting spot-on several major trends driving food sales today, Asian noodles are struggling to gain traction in the US because many consumers are unaware of, daunted by or have misconceptions about them, according to a new report from Packaged Facts.
Washington-based American Brewing Company started with beer and expanded its product line to include kombucha. Its brand, Bucha, has been credited as one of the fastest growing breakout brands in a report by The Hartman Group.
Tyson Foods ongoing efforts to boost sales of its “Core 9” packaged foods brands are paying off – helping the firm achieve record earnings, operating income, margins and cash flow in the first quarter of its fiscal 2016.
Starting in the local natural food channel, the product started branching into mainstream channels last year, and is now sold in 16 countries.
The Coca-Cola Company has announced it is accelerating its refranchising plans, as part of its efforts to focus on ‘building strong, valuable brands and leading a system of strong bottling partners.’
Overall sales of Post ready-to-eat cereals were impacted by a decline in the performance of the MOM brands acquired last year, the company has reported in its results for Q1 2016.