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Food Business Insight Alert Archive

Have a look at some of our recent alerts. These give broad coverage of the industry - if you want something more specific create your own here.

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January 22, 2023, to January 29, 2023

California Dairies Inc. Launches BFY Snack Brand In Good Hands

California Dairies Inc has announced the launch of BFY snack brand In Good Hands and its first product line, Nacho Cheese Protein Puffs and White Cheddar Protein Puffs. The company’s Protein Puffs are gluten-free and contain 12 grams of milk protein, 1 gram of sugar and 130 calories per serving. California Dairies Inc. is the largest member-owned milk marketing, and processing cooperative in California, co-owned by more than 300 of the state’s dairy producers. In Good Hands’ Protein Puffs are available on the brand’s website, with more flavors to come early this year. 

Quaker India Launches Omnichannel Campaign for Oat Muesli

Quaker India has launched an omnichannel campaign titled 'Ab Breakfast Ko Banao Unskippable Breakfast' to promote its Oat Muesli range. The campaign positions Quaker Oats Muesli as the ideal convenient and healthy breakfast choice for individuals juggling busy morning schedules. The campaign will be present on social media and in e-commerce, modern trade and retail.

Rivalz To Launch BFY Combos-Style Snacks

Snack start-up Rivalz has closed a round of angel funding and is set to debut its savory filled bites this spring. The product is positioned as a healthier take on Combos, a brand of stuffed snacks owned by Mars, Inc. Rivalz’ vegan snack is formulated with yellow pea protein, containing 8 grams of protein and 3 grams of fiber per serving. Rivalz products will be available to purchase on its website and in select retail channels in flavors including Late Night Pizza, Extra Chedda’ Mac and Spicy Street Taco. The capital raised during the funding round will be used to expand the team, support retail and direct-to-consumer channel growth, and invest in technology to optimize production and improve scalability.

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January 15, 2023, to January 22, 2023

No B.S. Reveals New Granola Line And Bar Flavor

Kellogg brand No B.S. has announced two new launches: its first ever granola range and an RXBAR flavor from its Craft Batch innovation line. RXBAR Granola is made with a base of oats, egg whites, dates and almonds and contains 10g of protein per serving. The granola is available in three flavors: Original, Peanut Butter and Chocolate. No B.S. is also expanding its RXBAR range with a new Strawberry bar flavor, which is the first product to come from the brand’s Craft Batch innovation line. Craft Batch is a yearly initiative to debut new elevated flavors created with consumer trends and RXBAR fan feedback in mind. 

Bio&Me Launches New Granola Flavors

UK-based gut health food brand Bio&Me has launched two new gluten-free granolas, Cashew & Almond and Berry Burst. Like the rest of its range, the granolas carry the European Food Safety Agency-approved ‘Good for your Gut’ health claim. The new granolas are available in-store and online at Holland & Barrett and Sainsbury’s.

Connect Snacks Deploys PFAS-Free Microwave Popcorn Bags

Connect Snacks’ Better For You Microwavable Popcorn uses popcorn bags made from FDA-approved, grease-resistant, PFAS-free papers. PFAS is commonly used in the lining of microwavable popcorn bags to keep oil from soaking out and to prevent the bag from burning. However, PFAS compounds have a tendency to leach into the product, which can lead to negative health effects including cancer, liver damage, decreased fertility, and increased risk of asthma and thyroid disease. Connect Snacks’ popcorn is available to purchase on the brand’s website and on Amazon for $54.99 for 36 bags.

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January 08, 2023, to January 15, 2023

Trü Frü Acquired by Mars

Mars Snacking has announced its acquisition of whole-fruit snacking brand Trü Frü for an undisclosed amount. Trü Frü’s snacks are marketed as a healthy indulgence made from real fruit dipped in premium chocolate. Trü Frü will strengthen Mars’ health and wellness portfolio while Mars will work to expand Trü Frü’s distribution and growth. 

Iconic St. Louis Potato Chip Gets Infused With Marijuana

St. Louis food manufacturer Old Vienna and cannabis brand Vivid have collaborated to create marijuana-infused Red Hot Riplets. Old Vienna’s Red Hot Riplets spicy barbecue potato chips have long been a staple within the St. Louis community. The marijuana-infused spinoff contains 20 mg of THC per bag and rentals for $14 at local dispensaries.

Fami Fit Sells Natural Granola In Columbia

Fami Fit is a granola handmade by the Betancourt family in Ituango, Colombia. This region of Colombia has been hit by armed conflict, forcing many of its inhabitants to emigrate from this territory. The Betancourt family stayed and created Fami Fit to provide an inexpensive, healthy breakfast option for the community. Fami Fit is sold in local markets and made from five, all-natural ingredients: cocoa, oat flakes, blueberries, almonds and seeds. 

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January 01, 2023, to January 08, 2023

Dong Suh Foods Dominates Granola Market In Korea

Post Granola of Dong Suh Foods is dominating Korea’s growing granola market with a 55 percent share. The domestic market for granola has grown to roughly 78 billion won ($60.5 million), up about 21 percent year-on-year. Dong Suh Foods attributes its dominance to its steady stream of new products and flavors that reflect the fast-changing food trends and interests of Korean consumers.

Young Consumers Replacing Empty Calories with High Protein Low Carb Snacks

Diet recommendations and brand discoverability tied to TikTok and Instagram are driving healthy snacking trends among Gen Z and Millennial consumers. Consumers are staying away from empty calories and are going for options that are low in carbs and sugar and high in protein. Protein content is especially important as consumers are increasingly replacing meals for snacks. Young consumers are also looking for snacks with functional, plant-based and sustainable ingredients. 

Jabson Foods Receives Jashvik Capital Boost

Indian private equity firm Jashvik Capital has acquired a significant minority stake in Jabsons Foods, a better-for-you savory snacks company. This is Jashvik Capital's first investment from its recently launched fund. Jabsons Foods sells its nuts and chickpea-based products across India and in international markets such as the U.S., Canada and the U.K. Through the deal, Jashvik Capital hopes to scale Jabsons Foods and expand its distribution.

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December 25, 2022, to January 01, 2023

Canadian Chickpea Chip Brand Expands Production

Canadian chickpea chip maker Peacasa is adding equipment to boost its production after only five months of business. The new machinery should be up and running by the end of February and will increase the company’s capacity to one million bags a year. Since launching in August, Peacasa has sold around 10,000 bags and has landed retail space in 150 stores across Ontario, Quebec and the Maritimes. Peacasa’s chips are made from chickpea flour, olive oil, sunflower oil and spices and are high in protein and fiber. In 2023, Peacasa aims to expand its retail footprint and launch new flavors and pack sizes.

Trader Joe’s Launches Gluten Free Super Seedy Cheese Snack Bites

Trader Joe’s has launched its Gluten Free Super Seedy Cheese Snack Bites make from parmesan cheese, puffed quinoa, seeds and peppercorns. With 12 grams of protein per serving, the snack can be enjoyed as crackers or used as a crunchy topping for salads and sandwiches. 

Nurture Brands Buys Seaweed Crisp Maker Abakus Foods

Sustainable, plant-based group Nurture Brands has acquired seaweed crisps producer Abakus Foods. It is the third deal in three months for Nurture Brands following its acquisition of confectionery brand Doisy & Dam from administration and premium pretzel maker Indie Bay Snacks. Alongside the latest acquisition, Nurture also completed a £3 million top-up funding round, valuing the group at £30 million. The group said the money would accelerate growth and provide liquidity for further deals in 2023.

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December 18, 2022, to December 25, 2022

Just Pure Foods Launches Crunchy Tomato Chips

Just Pure Foods has launched its Highly Nutritious & Insanely Delicious Crunchy Tomato Chips. The vegan and keto-friendly snack is made from dehydrated upcycled tomatoes. Just Pure Foods’ Crunchy Tomato Chips are available online at Amazon and in store in Ralphs and Bristol Farms in three flavors: Spicy Jalapeño, Cheesy and Barbecue. 

New Non-HFSS Rice Crisps From Chika’s

Consumers looking for healthier snacks might be interested in a new line of non-HFSS Rice Crisps from Chika’s. They are vegan-friendly, have less than 100 calories per pack and come in three flavours: BBQ, Salt & Vinegar, and Sweet Chilli. They contain white rice and natural flavors, and are produced by popping. They are being sold in Co-op, Nisa, Delicious Ideas, CLF, Cambridge Juice, Epicurium and DDC Foodservice from the beginning of next year for £0.79 for a 22 gram grab bag or £1.79 per 80 gram sharing bag.

Second Nature Brands Acquires Brownie Brittle

Premium BFY snack brand Second Nature Brands has acquired Brownie Brittle from Encore Consumer Capital. The terms of the transaction are not being disclosed. The acquisition will expand Second Nature Brands’ presence in the baking category and unlock a new growth stream.

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December 11, 2022, to December 18, 2022

InstaEat Offers Snack Mixes As Targeted Health Solutions

Indian startup InstaEats offers nut, seed and fruit-based snack mixes that are marketed as daily, natural solutions for specific health needs. With offerings such as Women’s Health, Men’s Health, Kid’s Health, Skin Health, Heart Health, Thyroid Health and Gut Health, InstaEat aims to decrease micronutrient deficiency in India. InstaEats also offers micronutrient deficiency assessment tools, nutrition coaching and community support to further assist customers. 

Chika’s Unveils New Non-HFSS Rice Crisps Trio

African-inspired vegan snack brand Chika’s has unveiled a new trio of non-HFSS Rice Crisps that are under 100 calories. Chika’s Rice Crisps are made with popped white rice and natural seasonings and are available in three flavors: BBQ, Salt & Vinegar and Sweet Chilli. Through its Snacks4Change program with World Vision, Chika is donating 1p from every pack to empower women in Africa with education. Chika’s Rice Crisps will launch into Co-op, Nisa, Delicious Ideas, CLF, Cambridge Juice, Epicurium and DDC Foodservice from January 2023.

PeaTos Closes Oversubscribed Series A3 Round And Launches Into Walmart

Plant-based, better-for-you snack brand PeaTos has closed an oversubscribed Series A3 round and is launching into several hundred U.S. Walmart stores nationwide. The expansion follows PeaTos’ launch earlier this year at several thousand CVS Health stores and HEB Texas markets. 

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November 27, 2022, to December 11, 2022

Katsu Cauliflower Crisps Wins One Of Five Awards In Supermarket-Run Contest

One of the five winners of a contest run by Scottish supermarket chain Scotmid and Scotland Food & Drink was Nudie Snacks and its Katsu Flavour Cauliflower Crisps, featuring cauliflower from farms in Fife. Jessica Van Tromp, Local Sourcing Manager at Scotmid, said the aim of the contest was to support relationships with its Scottish suppliers and to find exciting new Scottish favourites.

Nutri V Goodies Launched With Help From Australian Science Agency

Australia’s national science agency, CSIRO, has been working with start-up Nutri V on creating healthy vegetable snacks using broccoli, pumpkin and cauliflower that would have otherwise been thrown away or used in animal feed. CSIRO says 20-30 percent of vegetable plants are wasted and the partnership aims to ensure that all plants are used. Nutri V CEO Raquel Said explained that the company aims to upcycle waste “into a sustainable yet delicious solution”. The vegetables are picked and sorted in the morning, then washed and dried before being made into powders. Each pack of Nutri V Goodies contains two servings of vegetables. The snacks will be sold in Coles supermarkets nationally.

Sweet Diane’s Launches Protein Crunch Granola

Specialty Food Association has announced that its Sweet Diane's granola brand has introduced Protein Crunch to the market. It contains 6 grams of protein per serving as well as toasted nuts, three types of seeds, crispy quinoa and bits of dried strawberries. According to the press release, the granola is vegan and gluten-free, contains low-glycemic coconut sugar, heart-healthy walnuts and flaxseed, and the highest protein per serving of any granola.

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November 13, 2022, to November 27, 2022

Research Reveals Gen Z Believe Breakfast Is The Healthiest Meal

Research commissioned by milk alternative brand, Wunda, has revealed generational differences when it comes to eating habits. The research surveyed 2,000 British adults and found that almost half of Gen Z (46 percent) believe breakfast is their healthiest meal of the day, compared to 35 percent of adults overall. In addition, 62 percent of Gen Z consider themselves to be “health conscious”, compared with just 43 percent of adults overall. The top breakfast choices for Gen Z contain plenty of calcium (46 percent) and protein (44 percent) – such as porridge (39 percent), overnight oats (33 percent), avocado (9 percent) and smoothies (8 percent).

Kent Crisps Wins Best Savory Snack Award At The Great British Food Awards 2022

Kent Crisps’ Lamb Rosemary potato chips have won the Best Savory Snack title at the Great British Food Awards 2022. Having launched in late 2021, Lamb and Rosemary is the newest addition to the range of Kent Crisps. The chips are made using grass-fed Romney Lamb from Kent Shepherd farm, a nod to Kent's quality produce and emphasis on British heritage.

B&G Foods Looking To Sell Back To Nature Brand

B&G Foods, Inc. is actively seeking to sell its Back to Nature business, which the company said is no longer core to its overall business or long-term strategy. The company has also initiated a strategic review to identify other potential divestitures following its recent restructuring into four business units, which include spices and seasonings, meals, frozen and vegetables and specialty.

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September 18, 2022, to November 13, 2022

Experts Cast Doubts On Plant-Based Jerky Market

Industry experts are questioning whether plant-based jerky can break out of the niche market. According to SPINS data, plant-based jerky sales doubled to more than $20 million last year in the U.S., excluding e-commerce. However, the category is still unlikely to challenge the beef jerky industry, which is estimated to be worth $5 billion. Nicholas Fereday, an executive director for food and consumer trends at Dutch investment bank Rabobank, argues price and taste are essential to the success of plant-based jerky, adding that plant-based jerky should be at a discount to meat-based products to recognize it as a substitute product. However, even if the plant-based option manages to be cheaper and palatable, it will often still not contain the same protein levels as meat jerky, reducing its functionality. John Baumgartner, a managing director at Japanese investment bank Mizuho Securities, points to Beyond Meat’s jerky as an example. While Beyond Meat has strong distribution through PepsiCo and is selling its product at a 20-30 percent discount to meat jerky, the product is still experiencing slow growth and low repeat sales. 

Montreal Insectarium Offers Free Weekly Tastings Of Insect-Based Gourmet Snacks

Montreal museum The Insectarium is holding free weekly tastings of insect-based gourmet snacks to raise awareness amongst consumers. Snacks include spicy cricket powder-covered almonds, sun-dried tomato tapenade with mealworms, and cricket pecan shortbreads. For the holiday season, The Insectarium is offering a ‘discovery box’ of five insect-based gourmet products for $50. 

10 Acre Introduces Carbon-Neutral, Vegan Chips

Chip producer 10 Acre, based in the East Anglia region of England, is relaunching into retail with a new range of carbon-neutral and HFSS-compliant potato chips. Using potatoes grown on its farm and fried on site, the new range offers five vegan flavors: Cheese & Onion, Fried Chicken, BBQ Beef, Sea Salt and Cheesy Chilli. 10 Acre will be supporting the launch with a marketing mix that covers earned and owned support, in addition to a PR, social media and influencer campaign that will be timed alongside an in-store launch.
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