Rapidly rising food prices are expected to slow in 2023 after supply chain challenges, geo-political strife, climate change and agricultural policy changes contributed to record inflation in 2022 and prompted government action, according to federal agencies....
Mars, Kellogg, Mondelez, and other CPG players are launching seasonal sweets and snacks to mark the start of Spring and Easter with unique and classic flavors as well as bite-size formats that also satisfy consumer demand for permissible indulgence.
Consumers are talking less about ‘general health’, and more about cleansing, detoxing, carb-free, and cholesterol-free, according to Tastewise. How does this trend translate into opportunity for industry?
Hershey plans to aggressively scale its salty snack business with ambitious goals to take SkinnyPop popcorn and Dot’s Homestyle Pretzels from second and third place respectively to first in their categories “in the next couple of years” by building brand...
Organic snacking brand Sweet Nothings continues to expand beyond the frozen smoothie segment with the help of two new flavors of its Nut Butter Bites, brand CEO and co-founder Jake Kneller told FoodNavigator-USA.
Hershey is gaining market share in the US confection market while its top competitors fall farther back by replacing its old playbook of innovating and marketing to masses with a more targeted “occasion-based” approach to product development and “mass...
Better for you snack brand Simple Mills is taking is mission and products beyond its initial “free from” roots to embrace a “for more” approach that not only skips artificial ingredients that consumers are avoiding but gives them more of what they want...
Hershey is making more of the sweets and snacks consumers want with less and overcoming extreme supply chain challenges by replacing and repurposing underutilized manufacturing capacity, ditching conventional lines in favor of more efficient modular operations...
General Mills is bracing for double digit inflation in the back half of the year, but rather than automatically raise prices again – although that remains an option – the CPG giant plans to work with suppliers to find mutually beneficial solutions.
Singapore-based WhatIF Foods looks to bring its line of products derived from the bambara groundnut to a wider audience in the coming year, focusing on educating consumers about the legume’s benefits and appealing to the “climate anxious GenZ consumer,”...
With the launch of its latest Tostitos flavor — Mexican Style Three Cheese — PepsiCo is advancing its proposition to elevate its chips beyond a side to the center of the plate.
Consumer demand for snacks continues to increase, and Mondelez International sees itself as well-positioned to not only meet those needs but increase its market share in the process.
Nutrient dense and versitile hemp seeds might be the next ingredient to shake up the super seed space, long-dominated by chia and flax, according to a panel of experts and trendspotters at Natural Products Expo West last week.
How Nestlé uncovers unmet consumer needs and develops foods and beverages are almost as innovative and diverse as the successful new products it has launched and patents it has filed since the pandemic began.
Rising inflation is taking a toll on natural and organic sales in the US, the growth of which slowed dramatically in 2022 and will likely continue to drop in the coming year before rebounding slightly in 2024, according to data presented at Natural Products...
Emerging and maturing trends revealed at Natural Products Expo West in Anaheim last week ranged from dips delivering delightful dinners, mochi moving into multiple day parts, plant-based expanding beyond analogues, and beverages brimming with better-for-you...
Campbell Soup Company continues to reap the benefits of consumers’ shifting shopping habits, reporting solid sales and share gains in the second fiscal quarter of 2023.
The Californian apparel company’s new F&B division, Patagonia Provisions, has snapped up Moonshot Snacks, a San Francisco-based startup known for its climate-friendly practices.
Saturated fatty acid chain length should be taken into consideration when assessing the impact on heart health, a new study suggests, indicating an opening for food marketers to differentiate the types of saturated fats used in their products and for...
Up and coming plant-based chicken manufacturer Next Gen Foods is expanding into the non-dairy segment with today’s announced acquisition of Mwah! – a startup it says is leveraging a “cutting-edge methodology” to create “creamy and delicious dairy-inspired...
Sales of indulgent snacks are growing 20% faster than healthy options as consumers take a “balance sheet approach” when deciding what to eat, despite the current zeitgeist’s focus on better-for-you products that deliver more functional benefits with fewer...
As dollar and unit sales of frozen and refrigerated plant-based meat at retail continue to slide and grocers cut back on their selections of refrigerated meat alternatives, many stakeholders are wondering if the honeymoon period for the category has ended,...
Brands that advertised at the Super Bowl are seeing their efforts pay off with a 6.4% increase in consumer demand post-game based on a sample set of companies, according to recent research from behavioral research company Veylinx.
Ahead of schedule and in partnership with like-minded plant-based protein brand Aloha, California-based Terviva’s much-anticipated, “ultra-sustainable” Ponova oil is debuting in its first commercially available food – a limited edition bar that celebrates...
Change is inevitable, and for most it is uncomfortable – but it isn’t necessarily bad given it can be a catalyst for tremendous growth, deeper connections and betterment, which is good news for the consumer packaged goods industry considering research...
Americans’ understanding of processed and ultra-processed food varies quite a bit, according to research from the International Food Information Council, indicating an opportunity for marketers to educate consumers ahead of potential scrutiny by regulators...
As the beverage and snack leader looks to expand its global market share and profits in the coming years, PepsiCo sees an opportunity to grow the company by homing in on meal occasions, tapping into health and better-for-you consumer trends, and optimizing...
After disappointing fourth-quarter numbers and announcing plans to “streamline its workforce,” McCormick & Co. outlined a three-pronged approach to tackle the challenges it has faced in recent years and assure investors and customers its “strategic...
Xiao Chi Jie (XCJ), the modern Chinese food brand that helped put authentic soup dumplings on the US map by cultivating a cult-like direct-to-consumer following during the pandemic is ready to expand into brick and mortar stores this April with a new...
General Mills is raising its full year guidance partly on the belief that investments in new digital and technological capabilities, including connected commerce, strategic revenue management and supply chain digitization, will “unlock new growth and...
Kraft Heinz is entering the final stage of its transformation in which it plans to capture $2b in incremental net sales from innovation through 2027 after the company has systematically rebuilt itself following the dramatic fallout of an aggressive cost-cutting...
As consumers feel the pinch of inflation, they’re turning more toward private label food products, reversing a pandemic-era trend for brand names – a move that could have M&A implications, according to a new research report from investment bank William...
Despite inflation pressuring some consumers to trade down or pull back on spending, more than three-quarters of shoppers globally still are willing to pay more for products making natural claims, according to the latest wave of Ingredion’s proprietary...
Since Project Potluck was founded in 2020 to support people of color in the CPG industry, the landscape and conversation around diversity and inclusion has changed dramatically, but according to the grassroots group turned non-profit a lot remains to...
Macro trends, including the COVID-19 pandemic and the cost-of-living crisis, are driving uptake of products claiming to be both healthy and indulgent, according to ingredients suppliers.
With a 22% sales lift and a slimmed down net loss year-over-year in the fourth quarter, private-labeler TreeHouse Foods is reaping the benefits of recently raised prices, a still generous price gap compared to competitors and a reshaped portfolio that...
Through a combination of new flavor and product launches, boosting advertising and marketing, and integrating purpose throughout the organization, PepsiCo expects to build on a strong fourth quarter and deliver upwards of 6% organic revenue growth in...
Kellogg will keep its iconic plant-based MorningStar Farms brand as part of its global snacking company rather than spin it off as a standalone business or sell it – backtracking on an idea floated by the CPG last summer when it revealed plans to split...
The coming week leading up to the Super Bowl — and the day itself — is a time for snack brands to roll out new products, marketing messages, and promotions, as consumers get their game on by chomping into their favorite snack foods. This year is no exception...
Hain Celestial, like other packaged food manufacturers, isn’t ready yet to lower prices, despite pressure from Whole Foods and other retailers and moderating inflation.
Fourth generation farmer and founder of the upcycled dried fruit snack producer The Ugly Company’s gamble to buy and retrofit an old dehydrating facility against early investors’ advice and despite limited cash and notable debt is now paying off after...
Whether it's a favorite box of cookies or a protein-rich nutrition bar, consumers are chowing down on snack foods now more than ever, and the category remains strong in the face of inflation and other economic concerns, according to the State of...
Most Americans think about food in terms of servings, but Johns Hopkins-trained cardiologist Elizabeth Klodas talks about the snack bars, pancake mix, granola-like sprinkles and packets of oatmeal she offers under her brand Step One Foods’ in terms of...
Research shows school meals are the healthiest source of nutrition for most students in the US, but the US Department of Agriculture thinks they can be healthier, which is why it is proposing stricter standards that would reduce added sugars, fat and...
From limited-time offerings to licensed products, this Valentine’s Day candy season is shaping up to be a big one in terms of sales and product launches, with many leading CPGs providing sweet treats for those romantics – and even some for those who despise...
‘Chocolate and salty snacks rank a two of the top three resilient treats that consumers are not willing to forgo’
Sweets and snacks giant Hershey will double down on advertising and production capacity for its fastest growing brands, including Reese’s and Skinny Pop, in the coming year to help offset price elasticity and meet consumer demand, which executives say...
Shockingly – in the run up to the country’s biggest watched sporting event – Frito-Lay’s latest Snack Index found that almost half the country’s Super Bowl fans would rather see their team lose than have to sit through the game without snacks.
After nearly two decades of first appearing in fast-food restaurants across the US and becoming a go-to favorite for spicy aficionados, sriracha today is not only an established flavor that many consumers love, but according to Kerry’s Taste & Nutrition...