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Period: April 9, 2023 to April 16, 2023
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
Companies, Organizations  

Poop Like A Champion Offers High Fiber Cereal

High-fiber cereal called "Poop Like a Champion" aims to promote regular bowel movements and break the stigma around talking about poop. The brand offers three flavors of the cereal - original, cinnamon toast, and honey - all of which are designed to help people achieve their daily recommended fiber intake and improve their digestive health. 

"Finally, a Cereal With 'Poop' in Its Name", Vice.com, April 07, 2023


India Snacking Culture Emphasizes Healthy Options

The snacking culture in India is shifting towards healthier options, with consumers opting for high-fiber, high-protein, low-sodium, and plant-based snacks. This trend towards healthy snacking is a result of consumers becoming more health-conscious following the pandemic. Despite consumers prioritizing taste over health benefits, research from Mintel found that 85% of Indian consumers wish healthy snack options were more widely available. The shift towards healthier snacks is likely to continue, with Indian households expected to double their spending on healthy food and beverages in the coming years.

"Healthy snacking is changing the face of snacking in India", Financial Express, April 09, 2023

Deals, M&A, JVs, Licensing  

TSUMo Snacks Partners With Roy Choi To Launch THC-Infused Puffed Snacks

Cannabis edibles brand TSUMo Snacks has partnered with celebrity chef Roy Choi to launch THC-infused puffed snacks in Spaghetti & Meatballs and Spicy Cheesy Ramen flavors. Each bag contains 100mg of THC, with a serving size of nine puffs containing 10mg of THC. TSUMo Snacks aims to provide a social snacking experience that allows users to consume a more manageable dose of THC in a more savory form. 

"Roy Choi Partners With TSUMo Snacks To Create Spicy Cheesy Ramen And Spaghetti & Meatballs ", Forbes.com, April 11, 2023

Marketing & Advertising  

Food & Beverage Start-Ups Expanding Into Convenience Channels

Better-for-you food and beverage start-ups are expanding from grocery channels to the convenience store sector as a means of building brand loyalty. Companies including Solely, Catalina Crunch and Olipop have invested in single-serve and to-go formats, with revenue increases already being realized. Some of these start-ups are targeting tried-and-tested stores like 7-Eleven and Circle K, while others are identifying opportunities in food service, hospitality and checkout stands. 

"Grocery startups are eyeing convenience stores and grab-and-go formats for growth", Modern Retail, April 11, 2023

Products & Brands  

Whisps Expands Cheese Snack Offerings

Whisps has debuted Baked Cheese Bites, bite-sized versions of its Baked Cheese Crisps. Whisps’ Cheese Bites are made of 100% real cheese and contain over 10g of protein per serving. The snack is available in Cheddar and Parmesan varieties. Whisked has also launched a Buffalo flavor of its Cheese & Pretzel bites. Both products are now exclusively available at Walmart stores nationwide and on Walmart.com. 


Cornitos Showcases Products At Aahar 2023

Indian snack brand Cornitos participated in Aahar 2023, an exhibition showcasing international cuisine and hospitality. Cornitos displayed a variety of its gluten-free and cholesterol-free products, including Crusties and Sizzling Nacho. The brand's booth had a tasting station where chefs created different recipes using its products, and a separate corner to exhibit its Crusties range. The event allowed Cornitos to increase brand awareness and obtain valuable feedback for future product innovation.

"Cornitos exhibit healthy, crunchy and flavourful products at Aahar 2023", Food And Beverage News , March 25, 2023


Hsu Fu Chi To Establish Healthy Snack Research Center

Snack manufacturer Hsu Fu Chi has partnered with South China University of Technology to establish the country's first joint research centre for healthy snacks. The center will focus on innovations in raw materials, technology and nutrition. Hsu Fu Chi has spent around $29m annually researching consumer preferences, ingredients and formulas, and production and nutrition to develop dozens of healthy snacks including sugar-free sachima and dark chocolate. The company will also launch an innovation strategy and a fund to encourage its workers to create breakthroughs in food research and development.

"Hsu Fu Chi makes big play into healthy snack research", chinadaily.com.cn, April 11, 2023

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