We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

This is a general newsletter - click here to create something specific to your interests

Search criteria:
YOUR CORPORATE NEWSLETTER SOLUTION...
  • Ready-to-go newsletters on topics you choose, in your template
  • We prepare the content for you
  • You review, edit and click Send. Easy!
Read more about SmartNews360
 
DELIVERING COMPETITIVE ADVANTAGE...
  • A competitive intelligence leader for 20 years
  • Helping top corporations with research and analysis
  • From quick projects to ongoing support and outsourced services
Read more about Business360
Subject:
FOOD BUSINESS NEWS
Period: December 12, 2021 to December 19, 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  

KP Snacks Cultivates Green Farming Methods

The scale-up of regenerative farming practices is part of a partnership with agricultural sustainability experts Future Food Solutions. The Hayes, U.K.-based producer of the McCoy’s and Tyrrells potato chip brands is working with a number of potato growers in the country. They will grow cover crops between food crops in the farm rotation to sequester atmospheric CO2 and improve soil health by increasing soil organic matter. The project also has two pilot farms where Sustainable Futures will partner with growers to demonstrate additional regenerative practices, as well as collect data to share with the whole supply chain.

"KP Snacks develops green farming practices", FoodManufacture.co.uk, December 06, 2021

Sagacious IP Expects Patents For Healthy Snacks To Increase In 2022

The Seattle, Wash.-based intellectual property specialist says the number of patents granted and published globally for healthy snacks should increase in 2021, compared to the past four years. By November of this year, 507 patents related to healthy snacks had been granted and published. There were 509 in 2020, 497 in 2019, 509 in 2018, 477 in 2017, and 653 in 2016. Nestlé SA (Vevey, Switzerland) filed the highest number of patents (115) from 2016-2021, followed by Roquette Group (Lestrem, France), Mondelez International (Chicago), and PepsiCo (Purchase, N.Y.). China was the leading country with 12,876 patents filed from 2016-21, followed by Korea at 718 and the U.S. at 443.

"Patents for healthy snacks on an upward trajectory", Supermarket Perimeter, December 06, 2021

Consumers  

Sustainability Of Peanut Farming Plays Big Role In Record Consumption Levels

The National Peanut Board (NPB) says the consistent rise in the nut’s popularity, even during the pandemic, is largely due to its healthfulness and significant sustainability figures that resonate with consumers. Peanut consumption in the U.S. has hit record levels for the second year in a row: an all-time high of 7.9 pounds (3.5 kg) per American in 2021, topping the previous record level of 7.6 pounds (3.4 kg) in 2020. During the pandemic, peanuts helped people meet their nutritional needs during stressful and hectic times. As to sustainability, peanut farmers long ago began taking extra steps to care for their land because they knew it was key to being able to farm well into the future. Eco-conscious Gen Zers are among the biggest consumers of peanut products, though Millennials, Gen Xers, and Boomers also place the environment on the top of their list of priorities.

"Why U.S. peanut consumption has hit record highs", BakeryAndSnacks.com, December 02, 2021

Finance, Economics, Tax  

Ecuadorean Snack Maker Benefits From Cash Infusion

The Series A funding round, led by Grupo Bimbo with participation from SOSV and Amadeo, benefits Quito, Ecuador-based LiveKuna, a vertically integrated supplier of gluten-free snacks and staples made from sustainably produced quinoa and chia sourced from farmers in Ecuador. In addition to the financial boost, Grupo Bimbo will work with LiveKuna to develop further better-for-you products, expand distribution in North America, and broaden the network of farmers. LiveKuna’s product portfolio includes breakfast cereal, pasta, flour, seeds, and grains, along with a line of puffed superfood snacks called KunaPops. Financial details of the funding round, along with Bimbo’s contribution, were not revealed. 

"‘No brainer’: Ecuadorian superfood snack producer set for trajectory ride with boost from Grupo Bimbo", BakeryAndSnacks.com, December 07, 2021

Market News  

Utz Brands Completes $56M Acquisition Of R.W. Garcia

The Pennsylvania-based manufacturer of salty snacks said its subsidiaries have completed the acquisition of R.W. Garcia Holdings, LLC, using balance sheet cash and a revolving credit facility. R.W. Garcia (Scott's Valley, Calif.), founded in 1982, is a family-owned and operated artisan maker of organic tortilla chips, crackers, and corn chips. All R.W. Garcia products are non-GMO verified, certified gluten-free, low-sodium, kosher, and free of artificial additives or preservatives. With factories in Nevada and North Carolina, the company said it has the production capacity to support the continued growth of the Utz portfolio of brands. R.W. Garcia is complementary to Utz's June 2021 acquisition of Michigan-based Festida Foods.

"Utz Brands Completes Acquisition of RW Garcia", Business Wire, December 06, 2021

Marketing & Advertising  

Opopop Acts To Expand Popcorn Product Availability

The Denver, Colo.-based gourmet popcorn brand has partnered with neighborhood café, corner store, and food/beverage delivery service Foxtrot to expand product availability. Opopop developed an exclusive popcorn Discovery Collection for Foxtrot customers, which includes seven pouches of Flavor Wrapped Popcorn Kernels and a microwave popcorn popper that retails at $30.00. The collection, and restock flavor cartons, are available at all fifteen Foxtrot locations in Chicago, Dallas, and Washington, D.C. Customers can shop in-store or order five-minute pickup and 30-minute delivery via the Foxtrot App. Opopop says it is the world's first pre-flavored popcorn kernel brand.

"Opopop, Creator of Flavor Wrapped Popcorn Kernels, Announces Partnership with Foxtrot", PR Newswire, December 02, 2021

Products & Brands  

New Products From Whisps Snacks Move Beyond Crisps

The New York, N.Y.-based cheese crisps company has introduced Whisps Cheese Crumbs and Whisps Cheese Crisps & Nuts, both featuring parmesan and cheddar cheeses exclusively made for the company. Cheese Crumbs ($6.99/3 oz bag, $8.99/8 oz bag), available in Buffalo and Italian Herb flavors, uses 100 percent real cheese and spices, and is low-carb, gluten-free, high-protein, and keto friendly. A serving of Whisps Cheese Crisps & Nuts ($7.99/5.75 oz bag) has 8-9 grams of protein, three grams of net carbs, less than one gram of sugar, and is a good source of calcium. Both new products are available at Kroger and/or select Costco stores, and on Amazon.

"Whisps Introduces Cheese Crumbs, a Cheesy Alternative to Breadcrumbs, Alongside New Innovations", PRNewswire, December 07, 2021

Kellogg's Tests New Packaging Technology For Corn Flakes Brand

The Battle Creek, Mich.-based cereals maker is testing Corn Flakes packs lined with paper in a "small number" of Tesco stores in the U.K. in January, with the results "helping to shape Kellogg's future packaging plans." According to the company, its scientists "worked to create paper-based inner packaging for its cereal that can survive the process of filling and sealing millions of bags in boxes of cereal produced in its factory and transporting them to retailers." Plastic inner liners are not widely accepted in curbside recycling. The move is in line with its “Wellbeing Manifesto” seeking to improve its food and packaging "so that it's better for people, the planet, and the community."

"Kellogg's trials paper liners for Corn Flakes", The Grocer, December 04, 2021

TSUMo Snacks Launches Low-Dose Pot-Infused Treats

The Los Angeles, Calif.-based cannabis snack brand says its new line of low-dose cannabis-infused salty snacks “fills a large void in the current sweet-centric edibles market.” TSUMo’s snacks contain premium THC low-dosed at 10 mg per bag. The line includes Classic Cheese Puffs, Fiery Hot Cheese Crunchers, Zesty Ranch Mini Tortilla Rounds, Hint of Lime Mini Tortilla Rounds, and Salsa Verde Mini Tortilla Rounds. Priced at $5/unit, TSUMo Snacks will initially be available for purchase and delivery in select parts of California through the company’s website. 

"Cannabis Brand TSUMo Snacks Debuts Line Of Savory Snacks Into The California Market", The Weed Blog, December 03, 2021

Trends  

Lines Blurring Between Functional Foods, OTC Drugs, Supplements

A top exec at SnackFutures, the innovation and venture hub of Mondelēz International, told Fi Europe attendees recently that the lines between functional foods, over-the-counter drugs, and food supplements are getting fuzzier. According to innovations director Gil Horsky, ingredients that were common in the functional space – functional mushrooms, adaptogens, nootropics – are steadily moving into snacks and other foods. SnackFutures has explored the mushroom ingredient category with Millie Gram, a Mondelēz Global (East Hanover, N.J.) brand of nut-based spreads infused with mushroom blends and other ingredients.

"Mondelez executive forecasts snacking trends", Supermarkets Perimeter, December 01, 2021

Developed by Yuri Ingultsov Software Lab.