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Subject:
FOOD BUSINESS NEWS
Period: May 23, 2021 to May 30, 2021
Geographies:
Worldwide
Categories:
Comment & Opinion or Companies, Organizations or Consumers or Controversies & Disputes or Deals, M&A, JVs, Licensing or Earnings Release or Finance, Economics, Tax or Innovation & New Ideas or Legal, Legislation, Regulation, Policy or Market News or Marketing & Advertising or Other or People & Personalities or Press Release or Products & Brands or Research, Studies, Advice or Supply Chain or Trends
Contents
 
Companies, Organizations  

Spanish Snackmaker Hits A Home Run With Its Artichoke Chyps

Though based in Murica, Spain, Cynara’s reach is global, and that includes Traverse City, Mich., where Melissa Elms serves as the U.S. sales director. The latest product from Cynara is Artichoke Chyps, which “are flying off virtual store shelves since their introduction in January of this year.” Gluten-free, Non-GMO certified, vegan, plant-based, and low in calories and carbs, Artichoke Chyps are more expensive than potato chips or other salty snacks because artichokes cost more to grow and harvest. Elms says a 1.76-ounce bag retails for between $5.99 and $7.99. They are sold in four- and eight-packs on Amazon and on natural- and organic-food online retailer Thrive Market.

"Cynara delivers artichoke snack", The Record-Eagle (Traverse City, Michigan), May 13, 2021

Barnana Upcycles Unsellable Brazilian Bananas Into A Profitable Snack

Founded by a former professional triathlete from Brazil who wasn’t happy with the available sport snacks, the San Diego-based snack company makes its products with bananas and plantains that can't be exported internationally to supermarkets because of size or ripeness. Caue Suplicy, 42, launched Barnana in 2012 after a trip to Brazil when he noticed that local banana farmers were tossing up to 20 percent of their stock. The initial upcycles products were sold in airports, at convenience stores, at LinkedIn, Google, and Facebook offices – “all disappeared overnight.” The company’s dehydrated plantain and banana snacks – tortilla chips, plantain chips, banana bites, etc. – are available in a variety of flavors online and at supermarkets across the U.S.

"The Inspiration for This Snack Company? A 'Massive Secret' From This Triathlete's Brazilian Childhood", Inc.com, May 13, 2021

Simple Mills Launches Seed-Based Crackers With Home Garden Promo Campaign

The Chicago-based provider of better-for-you snacking and baking products launched its first USDA certified organic cracker, Organic Seed Flour Cracker, with a promotional campaign that encourages backyard organic gardens. The "It Starts at Home" initiative urges consumers to help restore the planet by implementing small, sustainable changes, like starting an organic garden at home. During gardening season, Simple Mills will award ten selected consumers a $1,000 gift card to cover the cost of starting an organic home garden. The new crackers are made with a blend of sunflower, pumpkin, and flax seed flours rich in protein, fiber, and antioxidants. Consumers can purchase the certified gluten-free, vegan, and paleo-friendly cracker line at Whole Foods Market and Sprouts, and online on its website and on Amazon, at an MSRP of $4.99 a box in three varieties: Organic, Garlic & Herb, and Everything.

"Simple Mills Will Help Foot Your Bill to Start an Organic Garden at Home", Business Wire, May 12, 2021

Finance, Economics, Tax  

Tate's Bake Shop Founder Invests In Sorghum-Based Snack Maker

Kathleen King recently announced an investment in the better-for-you snack brand Chasin' Dreams Farms, launched in 2019 by Sydney Chasin, whose goal was to disrupt the U.S. snacking space with a healthier option made from popped sorghum, an ancient grain sourced from regenerative farms in the Midwest U.S. Chasin’ Dreams Farms markets three varieties of its snack, in cocoa, cinnamon, and sweet & salty flavors in six-packs of one-ounce bags for $14.99. King, who sold Tate’s Bake Shop to Mondelēz for $500 million three years ago, liked Chasin because “she was a true entrepreneur… so right with her projections, her vision, her marketing plans, and her passion for the business.”  As a part of the fundraising effort, she has also launched a campaign on the equity crowdfunding website Republic.

"Tate’s Bake Shops Founder Announces Investment In Better-For-You Snacking Company Chasin’ Dreams Farm", Forbes.com, May 12, 2021

Innovation & New Ideas  

Airly Foods Says New Snack “Removes Greenhouse Gases”

The St. Louis, Mo.-based start-up, a part of Bright Future Foods (Post Holdings), says its Airly Oat Clouds snack crackers “are the first-ever climate-friendly snack developed to remove greenhouse gases from the air.” According to the company, a 7.5-ounce box of the baked crackers, made with oats and grains, removes between 18 grams and 21 grams of carbon dioxide from the air, “equivalent to 2,500 – 2,900 beach balls worth of fresher air.” Airly crackers come in Cheddar Oat Clouds, Sea Salt, Chocolate, and Salted Caramel flavors, are available on the company website and on Amazon, and will be rolling into select retailers nationwide throughout 2021. 

"New Airly Brand Launches First-Ever Climate Friendly Snack Developed To Remove Greenhouse Gases From The Air", PR Newswire, May 17, 2021

Products & Brands  

Snack Bars From Nutritional Growth Solutions Supports Childhood Growth

The Israeli child nutrition company says its Healthy Height Snack Bar supports growth development in children in the U.S. and Canada by delivering growth-boosting nutrients, including vitamins, minerals, protein, and amino acids. The snack bar line comes in Cookies & Cream and Strawberry Cupcake flavors designed to appeal to kids. Made in the U.S., Healthy Height snack bars (in addition to the shake powder formula) are available on the Healthy Height website, though the company is looking for other distribution channels.  New snack bar launches for children tracked by Innova Market Insights in the U.S. show a compound annual growth rate of +11.3 percent (CAGR, 2016-2020). Kids cereal bars are increasingly focusing on making gluten-free, protein, and whole-grain claims.

"Nutritional Growth Solutions Introduces Healthy Height Snack Bar for Supporting Growth in Children", PR Newswire, May 18, 2021

Freeze-Dried Fruits Offer Plenty Of Benefits To Snack, Baked Goods Makers

Because they meet consumer demands for clean label snacks and baked goods with pleasing taste and texture, freeze-dried fruits are a solid ingredient choice, according to natural ingredients supplier Paradise Fruits by Jahncke. Among the advantages offered by freeze-dried fruits: the free-flowing freeze-dried powders are easy to dose and therefore cost effective; they boost flavors and provide a natural colorant; they are low in moisture and do not impact other ingredients; they have a long shelf life; and they retain most of the nutritional benefits of fresh fruits, including vitamins, minerals and nutrients, and are low in sugar.

"Freeze dried fruits ramp up clean eating trend", BakeryAndSnacks.com, May 13, 2021

Ingredia Says Its Clean Label Dairy Proteins Benefit Cheese Snack Makers

The French dairy ingredients company (Arras) is convinced that the growing consumer focus on health, naturality, and sustainability is driving innovation in the cheese market, including in the snack segment. Although considered to be an indulgent food product, cheese is perceived by consumers as a healthy snacking option because of its high protein and calcium content. Cheese offers many possibilities for innovation, including in taste, format, texture, and flavor. Ingredia’s clean label dairy proteins provide a way for snack manufacturers to develop healthy and creamy cheese concepts. “Cheese products can help consumers to meet their dietary needs; for instance, by fortifying the recipe with iron, by adding ayurvedic spices or gut-friendly cultures,” an Ingredia representative says. 

"Healthy snacking trend puts cheese ingredients in the spotlight, says Ingredia", Food Ingredients First, May 13, 2021

Supply Chain  

Carbon Score Certification Is Gaining Traction In Food, Beverages

As the persistent pandemic stokes consumer interest in sustainable diets, food and beverage carbon labeling soon may hold more sway with consumers than other popular certifications. Labeling with a carbon score attracts consumers who want to know how much carbon was used in the production of an item: Net zero? 25 percent reduced? “That is the next phase,” says one industry observer. Brands that move quickly to add carbon labeling will appeal to consumers who are gravitating toward products with lower climate impact. Food and beverage companies already using, or exploring carbon labeling, include: Horizon Organic; Post Holdings’ subsidiary Bright Future Foods (Airly Oat Cloud Crackers); Maple Leaf Foods (carbon zero plant-based protein brands); Upfield (Imperial and Country Crock); Quorn Foods; Unilever, Mondelēz International, and Oatly.

"Carbon score is the next big thing,” predicts CGC co-head, industry experts gathered by FoodBytes!", FoodNavigator-USA.com, May 13, 2021

Trends  

Kellogg’s U.K. To Cut Sugar Content In Kids’ Cereals By 10Percent By 2022

The company also promised to reduce salt in children’s cereals by 20 percent as part of a ten-year plan to make its products healthier. The move means the company’s children's breakfast cereals would no longer be high in fat, salt, and sugar (HFSS) by the end of 2022. Kellogg’s also plans to reduce the sugar in its young adult-focused Krave cereal by an average of 11 percent across the different flavors. Special K will become non-HFSS, alongside Coco Pops, Corn Flakes and Rice Krispies, after salt content is reduced. The company is also introducing smaller cereal boxes that have less air space and packaging to reduce the use of cardboard.

"Kellogg's U.K. Pledges To Slash Salt And Sugar In Children's Cereals By End Of 2022", gazetteseries.co.uk, May 14, 2021

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