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Period: April 30, 2023 to May 7, 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  

PeaTos Expands Into Sam’s Club With New Cheese-Less Puffs

Better-for-you junk food brand PeaTos is expanding its distribution into Sam’s Club with its new Cheese-Less Puffs. In April, PeaTos launched PeaTos Puffs in two flavors: Crunchy Fiery Lime Puffs and Crunchy Cheese-less Puffs. Like its other products, PeaTos Puffs are 100 percent plant-based and made with pea protein to offer high protein and fiber content. The new PeaTos Cheese-Less Puffs 9oz. variety will be available in 504 Sam’s Club stores across the US from May 1, 2023. 

"PeaTos®, The Leading Salty Snack Challenger Taking on Frito Lays’ Cheetos and Funyuns, Expands Distribution into Club Channel with Sam’s Club", Globe Newswire, May 01, 2023

CJ CheilJedang’s Upcycled Chips Made Available In South Korean Convenience Stores

CJ CheilJedang has expanded distribution of its upcycled Excycle Basak Chips in South Korean convenience stores. The chips are made with by-products from CJ CheilJedang’s food manufacturing processes, including broken rice and soybean curds. Excycle Basak Chips come in three flavours, Original, Hot & Spicy and Truffle, and each 45g pack contains 7g of protein and 4g of fiber. The company plans to introduce the chips to supermarkets and department stores across South Korea in 2023 and potentially export to other countries in the near future.

"Sustainable snack: CJ CheilJedang upcycles manufacturing by-products into nutritional chips", FoodNavigator Asia, May 01, 2023

Deals, M&A, JVs, Licensing  

My Dad’s Chips Secures Major Distribution Deal That Expands Its US Reach

My Dad’s Chips, a Maryland-based potato chip company, has secured a major distribution deal with Rainforest Distributors that will expand its reach across the US. The deal will bring the chips to locations from New Jersey to Virginia and eventually Whole Foods Market stores. My Dad’s Chips are made using a proprietary oil blend that the company claims allows it to use 22 percent less salt than competitors. The chips are already sold in around 65 retail locations, 24 office building cafeterias and 200 vending machines, and the company has a private label contract with a sandwich shop in Rehoboth Beach, Delaware. 

"Maryland-based potato chip brand My Dad’s Chips gets big distribution deal", WTOP, May 01, 2023

Marketing & Advertising  

Nature’s Path Foods Faces Lawsuit Over False Advertising

Nature's Path Foods is facing a class action lawsuit in California that claims the company falsely advertised its granola cereals as healthy despite containing high levels of added sugar. The lawsuit alleges the products’ packaging claims the granola cereals provide a "wholesome breakfast to nourish your day" and put consumers "on a better path to a healthier lifestyle”, despite studies showing the negative effects of excess sugar consumption. The lawsuit aims to represent anyone in the US who has purchased Nature's Path granola cereal for personal use since March 22, 2019.

"Nature’s Path Granola Cereals Contain Unhealthy Levels of Added Sugar, Class Action Alleges", ClassAction.org, April 27, 2023


Kibo Foods Appoints New CEO

Sustainable lentil and chickpea chip company Kibo Foods has appointed Natalia Correa as its new CEO. Correa hopes to continue to drive the company’s growth and commitment to sustainability. 

"Lentil and Chickpea Chip Brand Kibo Foods Welcomes New CEO", Newswire.com, April 27, 2023

Products & Brands  

Noms Nachos debuts in Lahore, India With Locally Made Nacho Chips

Noms Nachos has recently debuted with its range of locally made nacho chips in Lahore, India. The nacho chips come in three flavours, Cheddar Jalapeno, Thai Sweet Chilli and Chilli Lemon, and packs are priced at Rs140 each. Currently, the nacho chips are only available in seven locations in Lahore. 

"Going loco for local: These Lahore-based nachos will literally have you saying ‘nom nom’", dawn.com, April 28, 2023

Kettle Lightly Salted Potato Chips Reformulated To Become HFSS Complaint

Kettle has reformulated its Lightly Salted potato chips recipe to make it compliant with HFSS regulations. The new chips are currently available in all major supermarkets in all pack formats including 40g, 80g, 130g and 5 x 25g. 

"Kettle Lightly Salted now HFSS compliant across all pack formats", Talking Retail, April 26, 2023

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