First came Siggi’s, then Smári Organics. But can the husband and wife team behind Saga Dairy (Viking Icelandic Yogurt) – the latest entrants to the niche, but growing ‘Icelandic-style’ yogurt category in the US – emulate their success?
Well-known fresh cookie-maker Otis Spunkmeyer is expanding its empire beyond food service and into the retail segment for the first time with the launch of a line of sweet baked goods that will hit store shelves nationwide in 2016.
J.M. Smucker Co.’s aggressive efforts to wake up its sleepy coffee segment are working, resulting in a 12% increase in the segment’s sales and a 13% increase in its profits in the firm’s first quarter, executives announced Aug. 27.
Sweetmyx 617, a novel sweet taste modifier developed by flavor innovator Senomyx, is being used in PepsiCo brands Manzanita Sol nationally and Mug Root Beer in two US test markets, the company has confirmed.
Do you know what company Coca-Cola just took a minority stake in, or what revenues EPIC Provisions is forecasting to make in 2015? And which beverage brand just got into legal hot water over its ‘antioxidant-packed’ claims?
Probiotic specialist Yakult USA has challenged allegations in a class action alleging it is misleading US shoppers about the digestive health benefits of its fermented drinks and says it is confident of "eventual and ultimate vindication at trial, if not before".