Snacks

Hershey Q1 Net Sales Rise Less Than Forecast

27 Apr 2017 --- The Hershey Company yesterday announced its first quarter sales and earnings, with consolidated net sales reaching US$1,879.7 million compared with US$1,828.8 million for the first quarter of 2016 and reported net income reaching US$125 million, compared with US$229.8 million for the comparable period last year. The company noted that retail sales had been impacted by the timing of Easter, which this year was three weeks later than last year.

Bühler Launch Healthy and Convenient Snacks for On-the-Go Consumers

07 Apr 2017 --- More and more people don’t eat at home but rather while leaving the office, on the way to the day-care center, or before the gym, which means that the demand for healthy food on the go is increasing. No matter the raw materials, shape, taste or if the snack is coated with chocolate: Bühler’s solutions cover the complete range of end products. Nutritious and tasty cereal or nut bars are particularly popular: “At Interpack, we highlight our competence in the area of snacks by presenting our integrated production solutions, from grain or nuts to the finished bar or biscuit,” explains Thomas Bischof, Head of Bühler’s Business Unit Countlines.

Kashi Expands Portfolio to Support Organic Farmland

23 Feb 2017 --- Kashi introduced Chewy Nut Butter Bars – the second line of products in its growing Certified Transitional portfolio – which joins Dark Cocoa Karma Shredded Wheat Biscuits, the company's best-performing cereal innovation in over five years. These deliciously chewy bars are made with real nut butters, whole grains and coconut oil, offering flavor packed, gluten-free nourishment in four tasty flavors: Almond Snickerdoodle, Chocolate Trail Mix, Salted Chocolate Chunk and Coconut Cashew Macaroon. 

Aryzta CEO Quits Following Financial Turmoil

15 Feb 2017 --- Aryzta CEO Owen Killian has stepped down following a series of financial issues at the Irish-Swiss food group. Swiss food maker Aryzta announced a record decline in shares with earnings set to decrease 20% this year, the latest in a long line of problems at the firm which says it has been struggling with the impact of Brexit, as well as taking a financial hit after introducing its Otis Spunkmeyer snacks to the US market. 

Kellogg Leverage Go-To-Market Approach, Strengthening US Snacks Business

09 Feb 2017 --- Kellogg Company have announced it will begin to exit its Direct Store Delivery (DSD) network in the second quarter, transitioning the DSD-distributed portion of the company's US Snacks business to the warehouse model already used by Pringles and the rest of its North American business. The new model will be transformational for Kellogg, reducing complexity and cost structure while driving growth and profitability for the company and its retail partners.

La Morella Nuts Showcase New Range of Organic Mediterranean Nuts

31 Jan 2017 --- La Morella Nuts have launched a new range of freshly deshelled organic Mediterranean nuts on the occasion of the ISM trade fair in Cologne. The crunchy assortment is sustainably sourced and captures authentic flavors to be unleashed in premium confectionery creations.

Top Ten Trends – The Snacks and Confectionery Impact

18 Jan 2017 ---  19 Jan 2017 --- Sugar will continue to come under fire in 2017, although it remains the key ingredient delivering the sweetness and great taste that consumers are looking for. “Sweeter Balance” is tipped as trend 3 for 2017 by Innova Market Insights. The quest to combine taste and health is driving NPD, as the industry faces the challenge of balancing public demand to reduce added sugars and create indulgent experiences, while at the same time presenting clean label products.

Health, Convenience and Choice Drive Fruit Snacks NPD

03 Jan 2016 --- One of the key growth areas in the snacks category in recent years has been fruit-based snacks. Their share of global tracked snack launch activity recorded by Innova Market Insights has more than doubled from less than 8% to nearly 18%, over the past five years. This makes it the number three snacks sub-category overall after savory/salty snacks and snack nuts/seeds.

KEY INTERVIEW: Almond Board of California Says, “We Want Our Consumers to be More Savvy Snackers”

21 Nov 2016 --- Almonds are the number one nut in new introductions in Europe, as reported by FoodIngredientsFirst on 11th Nov, with a 48% regional share and a new record high of 42% globally. Germany, UK and France follow the US as the top leading countries introducing new almond products. With 4,313 new almond products, Europe saw a double-digit growth of 16% increase in 2015. 

Europeans Want Snacks Free From Additives

01 Nov 2016 --- The European snacks market is worth more than 14 billion euros – and counting. Research from a recent pan-European consumer survey by the GNT Group found that two thirds of Europeans reach for crisps, nuts and savory nibbles at least once a week and 11% eat them as often as several times a day. 

Diagnostic Tools Help Product Recall

26 Sep 2016 --- Two new tools called RecallOptic and CrisisOptic have been launched to help measure a business’ ability to respond to a product recall or operational crisis.

Opinion Edge: Solutions for On Trend Snacks And Bakery

20 Sep 2016 ---  Key suppliers offer their thoughts on bakery & snacks trends and formulation. What does the prolific growth in clear label and natural options mean for suppliers to the sector?

Pinnacle Foods Closes Evol Foods Manufacturing Plant in Colorado

22 Aug 2016 –-- Pinnacle Foods is to close its Evol Foods manufacturing plant in Boulder, Colorado in the first quarter of 2017 and is shifting production to its plant in Fayetteville, Arkansas.

Amplify Snacks Buys Premium Snack Company Tyrrells for US$391 Million

10 Aug 2016 --- Amplify Snack Brands, Inc. and Crisps Topco Limited and Subsidiaries (“Tyrrells”) have executed a definitive agreement under which Amplify will acquire Tyrrells, an international, market-leading and rapidly growing premium Better-For-You snack food business. The transaction has been unanimously approved by Amplify’s board of directors. 

Raisio Sells UK Snacks Bar Business to Dutch Food Investors Nimbus

13 Jul 2016 --- Raisio has sold its UK snack bar business to Dutch investors Nimbus, as the divestment of the Finnish food company’s UK operations continues.

KEY INTERVIEW: Taura Targets a Trebling of Growth in US on Frutarom Integration

11 Jul 2016 --- Taura Natural Ingredients is eyeing a trebling in US sales, by benefiting from both the new distribution opportunities to come from operating under the Frutarom umbrella and the emerging healthy snacking and permissible indulgence trends. In June 2015, the New Zealand headquartered fruit processing company announced that Israel’s Frutarom was to acquire it for a sum of US$70m.

Emsland Addresses New Texture Demands With Potato Starch Innovations

01 Jul 2016 --- The snacking market has always been quite innovative in terms of targeting new occasions and adopting creative flavors. While smaller producers are tending to focus on premium and super-premium products, often with unusual flavors and ingredients, the major snack companies are focused more on building their existing brands, often developing a wider range of stronger and more complex flavors, as well as using new ingredients and formats and targeting new usage occasions.

Mondelez International Reports Solid Progress Toward its Call For Well-Being Targets

23 Jun 2016 --- Mondelez International have published its Call For Well-being 2015 Progress Report. The report details how the world's leading snacking company exceeded nearly all of its 2015 environmental footprint goals and set more aggressive 2020 targets to fight the impact of climate change. The report further describes progress Mondelez International has made toward its ambition to be the global leader in well-being snacks.

Hormel Foods Announces Closing of Acquisition of Justin’s, LLC and COO Appointment

01 Jun 2016 --- Hormel Foods Corporation have announced it has closed on the acquisition of Justin’s, LLC, owner of the Justin’s brand and a pioneer in nut butter-based snacking.

US Organic Sales Post New Record of $43.3 Billion in 2015

20 May 2016 --- The booming US organic industry posted new records in 2015, with total organic product sales hitting a new benchmark of $43.3 billion, up a robust 11 percent from the previous year's record level and far outstripping the overall food market's growth rate of 3 percent, according to the Organic Trade Association's 2016 Organic Industry Survey.