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: March 20, 2022 to March 27, 2022
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
 

Simple Ingredient Snack Launches At Expo West

At the recent Expo West in Anaheim California, many companies featured simple ingredient, on-the-go snacks in innovative formats. Pickle brand Rick’s Picks introduced a snack line, which includes packs of flavored Pickle Spears and Snacking Veggies, available in Zesty Carrot or Savory Cauliflower. A new brand, CHICKEASE, has also launched with a line of snackable all-natural, cooked chickpeas in three varieties: Original, Tex-Mex, and Barbecue. gimMe has launched smaller slim packs of its premium roasted seaweed line along with adding two new flavors: Dairy-free Cheddar and Chili Lime. Seed snack maker Blake’s released Roasted Sunflower Seeds, which come in three flavors: Himalayan Salt, Hot & Spicy and Honey Roasted. This simple snack comes in single-serving packs and is marketed as a clean on-the go protein snack. Additionally, veggie chip maker Dirt Kitchen revealed a line of Pressed Bars made with vegetables, fruits, nuts and seeds. The bars come in four flavors: Almond + Raisin + ...  More

"Expo West Gallery: Snack Innovations See Simple Ingredient Decks", NOSH.com , March 15, 2022

 
Companies, Organizations  

KP Snacks Non-HFSS Reformulation Of Brands

KP Snacks will reformulate its Tyrrells, Popchips, Hula Hoops Puft and Penn State brands due to UK government restrictions regarding the promotion of HFSS products. By June, Hula Hoops Puft will be available in three non-HFSS flavors: Salt, Salt & Vinegar and Beef. Additionally, the entire Popchips range will be reformulated and relaunched in a phased rollout before the end of the year. Meanwhile, Tyrrells' bestselling Lightly Salted flavor will be reformulated and available in multiple pack sizes from May. This reformulation follows Tyrells’ January launch of non-HFSS flavor Mediterranean Herb. By the enactment of the new legislation in October, KP claims it will have one of the largest non-HFSS ranges within the crisps, nuts and snacks category. While KP Snacks recognizes the importance of providing healthier options for consumers, it will continue to offer its popular HFSS items, such as the core range of McCoy's and Hula Hoops. 

"Tyrrells, Popchips and Hula Hoops Puft to get non-HFSS reformulation", thegrocer.co.uk, March 15, 2022

Kettle Food’s New, Non-HFSS Bread Snacks

Kettle Foods will launch ‘Bread Bites’, a range of non-HFSS bread snacks. The range will be on shelves in U.K. supermarkets from early April and will be available in three flavors: Focaccia Bites with Sea Salt, Rosemary & Extra Virgin Olive Oil; Naan Bites with Spiced Onion Bhaji with Chili & Toasted Onion; and Sourdough Bites with Parmigiano Reggiano & Balsamic Vinegar of Modena. Kettle aims to bring a different, more elevated snacking experience to customers, who can either eat the triple-baked snacks from the bag or after heating in the oven. The launch follows government HFSS regulations and large brand releases of non-HFSS crisp ranges, such as Walkers and Tyrells. 

"Kettle Foods launches Non-HFSS Trio of bread snacks", thegrocer.co.uk, March 14, 2022

Utz’s Boulder Canyon & Good Health Unveil New Snacks

Utz Brands-owned Boulder Canyon and Good Health brands have introduced new snacks at Natural Products Expo West. Boulder Canyon introduced a Jalapeno flavor to its line of Thin & Crispy Potato Chips cooked in avocado oil. Good Health launched gluten-free White Cheddar ABC bites marketed towards kids. 

"Boulder Canyon & Good Health Unveil New Snacks at Expo West!", Business Wire, March 10, 2022

Finance, Economics, Tax  

Alpino Health Foods Raises Funds Through RBF Before Its Seed Round

Alpino Health Foods, a healthy breakfast food company featured on Shark Tank India, has raised an undisclosed amount through Revenue Based Financing in advance of its seed round. Alpino operates in India’s peanut butter category and also offers a wider range of nut butters and muesli. The company aims to become the go-to brand for healthy breakfast essentials while remaining affordable, tasty and high quality. Alpino is currently available on its website, 20 other e-commerce platforms and over 5000 retail stores across India. The brand has significant brand recollection and steady revenue growth within India’s growing breakfast market.  

"Alpino Health Foods, a Shark Tank Brand, Raises Funds through Revenue Based Financing before its Seed Round", Livemint, March 11, 2022

Gut Health Brand Bio&Me Raises €1.6 million In 72 Hours

UK company Bio&Me recently raised €1.6 million within 72 hours in an oversubscribed funding round. Bio&Me was founded in 2019 by Jon Walsh and Gut Health Doctor Dr. Megan Rossi. It claims to be the U.K.’s first dedicated gut health food brand backed by scientific evidence. The Bio&Me range consists of porridges, granolas and prebiotic yoghurts and can be found in over 1400 stores throughout the U.K. Despite being a young company, Bio&Me has become the U.K.’s fastest-growing cereal brand, bringing in around £3 million in sales in 2021. The company plans to use these funds to fuel its growth and expand its ethos to other food and beverage categories.  

"UK-based Bio&Me closes €1.6 million for its gut health brand backed by science", EU-Startups, March 10, 2022

Other  

CCEP’s Monster Brand Unveils Latest Sales Supercharged Initiative

Monster in the U.K. has introduced the latest stage of the Sales Supercharged solution for convenience retailer support, with case study videos featuring three convenience retailers: one in Walsall, West Midlands; one in Emsworth, Hampshire; and one in Bootle, Merseyside. It will continue to give information and trends on key energy drink segments, as well as guidance on in-store execution. 

"Monster supercharges its retailer support initiative", Talking Retail , March 22, 2022

Products & Brands  

Barnana Adds Plantain Nuggets To Its Product Portfolio

Banana-based snack company Barnana has recently introduced its Organic Crunchy Plantain Nuggets. The nuggets are crispy, small cubes of plantains cooked in coconut oil and will be available in April in four flavors: Pink Salt, Barbecue, Chili Lime and Ranch. The nuggets are Barnana’s fourth savory launch, following its Plantain Chips, Crisps and Tortilla Chips products. However, the nuggets’ single serving, grab-and-go positioning represents a new category for the company. Barnana’s mission is to innovate the banana in a socially and environmentally responsible way. 

"Nobody puts Barnana in a corner: New products showcase banana's versatility, business potential", FoodNavigator-USA.com, March 15, 2022

New Vegan Products From Planting Hope

Plant-based food company Planting Hope revealed new products at Natural Products Expo West. It will expand upon its existing Mozaics veggie chips line with three new vegan dairy flavors: Sour Cream & Onion, White Cheddar and Spicy Buffalo. It also introduced Home and Sesame Sesamilk Creamers, available in Original, Vanilla and Hazelnut. These creamers add to its Sesamilk range, which the brand claims to be more nutritious and sustainable that many other dairy alternatives. 

"Planting Hope Reveals New Products and Packaging at Natural Products Expo West 2022", ACCESSWIRE, March 10, 2022

Trends  

New Study Finds UK Consumers’ Diets Lack Fiber

New research from Nestlé Cereals finds that only half (51%) of U.K. consumers believe they consume enough fiber in their diet. Fiber is an essential part of a balanced diet and has various health benefits such as reducing the risk of type 2 diabetes. Fiber can easily be increased through eating food high in whole grain, yet the vast majority of British consumers (85%) have little or no knowledge of whole grain and its nutritional value. Additionally, a third (34%) of U.K. consumers are unaware of what products contain whole grains. Nestlé Cereals hopes to address this issue through its green banner on packs that signifies the product has whole grain as its main ingredient.  The company has also added 106 million more 16g servings of whole grain to its cereals in 2020 versus 2010. 

"Confusion over whole grain means consumers could be missing out on nutritional benefits", FoodNavigator.com, March 10, 2022

Developed by Yuri Ingultsov Software Lab.