News & Analysis on Food & Beverage Development & Technology
Despite declining market share, there is hope for soft drink manufacturers who can adapt to the highly-competitive beverage market by utilizing major health trends like reduced sugar and digestive benefits, GlobalData research found.
Mars Chocolate North America plans to increase M&M’s capacity and will add goodnessknows flavor variants in a $70m manufacturing investment in the US.
Meat snacks have graduated from its road trip ‘gas station snack’ image, sales data imply. The $2.8 billion category had a compound annual sales growth of more than 7% over the past four years.
Known for its ancient grain and gluten-free granolas, Purely Elizabeth aims to expand distribution and will test the waters of mushroom-powered granola bars this summer, thanks in part to a minority investment of $3mn from General Mills’ 301 INC.
Virtually unheard of by many consumers as recently as just last spring, the bone broth category is “heating up” and there is “massive opportunity” for early movers in the space despite an early and mounting surge of competition, according to one player...
Working alongside members of Congress, hunger relief organizations and industry trade groups to package meals for the hungry and food insecure, executives at Kraft Heinz are not wasting any time in fulfilling the company’s recently expanded corporate...