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Subject:
FOOD BUSINESS NEWS
Period: May 7, 2023 to May 14, 2023
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
 

Better-For-You Is Influencing The UK Snacks Market In Different Ways

A TalkingRetail article highlights dome of the trends in the UK savory snacks market, which have remained strong in the face of continuing price hikes. Valeo Snackfoods, owner of the Kettle brand of chips, says the crisps, snacks and popcorn category has grown 17 percent year on year. Trends include reliance on trusted brands – the top 10 crisps and snacks brands represent just over half of category growth – and consumers looking for healthier options, such as low-fat, low-sugar and natural snacks offering specific health benefits. Other better-for-you insights include a move towards vegan options and plant power; continued interest in protein, despite the growth in veggie options; and the impact of health concerns on pack sizes, which are also being affected by the change in consumer behaviors such as looking for sharing formats to support more time staying in and entertaining at home. HFSS regulations also loom large in the market, which will favor some types of snacks, such as nuts ...  More

"Crunch time | In focus: Savoury snacking", Talking Retail, May 04, 2023

 
Companies, Organizations  

Struesli Launches With Two Flavours Of Granola Free From Gluten And Artificial Sweeteners

Struesli, a better-for-you granola brand, has debuted with two flavors: Original and Cocao + Coffee. The plant-based products are free from gluten and artificial sweeteners and include seven superfoods. The granola’s base consists of tiger nuts, which are a tuberous root vegetable, instead of oats. The granolas incorporate a mix of walnuts, pecans, flax, hemp hearts, chia seeds and coconut. The Cocao + Coffee variant adds unsweetened cocoa, ground organic coffee and vanilla bean. Struesli is available in a 9-ounce format for $11.99, as well as in 5lb packs for $59.99. Currently, customers can purchase both flavors through the Struesli website and Amazon, as well as from various retailers.

"KT’S MOM MAKES SUPERFOOD GRANOLA WITHOUT GLUTEN OR SWEETENERS", deleciousfood.com, May 09, 2023

Partake Foods Announces New Allergen-Friendly Classic Graham Crackers

Partake Foods, an allergy-friendly snacks company, announced the upcoming release of its new Classic Graham Crackers. The snack provides a gluten-free and vegan alternative to traditional Classic Graham Crackers. The snack is also non-GMO and free from the top nine allergy ingredients. The crackers will be available nationwide in US Target stores and other retailers starting in June, as well as online at Imperfect Foods and World Market.

"Partake Foods Adds Vegan Classic Graham Crackers to Allergen-Friendly Line", vegconomist , May 05, 2023

Quin Foods Debuts Its Pizzeria Cheezy Filled Pretzel Nuggets At Walmart

Quinn Foods, a better-for-you sustainable snack brand, recently launched its Pizzeria Cheezy Filled Pretzel Nuggets. Quinn Foods claims the gluten-free and vegan snack is the first of its kind. The snack is made with lentil and sorghum flour, instead of wheat flour, and it is free from corn, wheat, soy and dairy. The product debuted at Walmart stores on the 1st of May 2023.

"The Quinn Pizzeria Cheezy Filled Pretzel Nuggets are Gluten-Free", Trendhunter.com, May 05, 2023

Too Yumm! Expands Indian Snacks Portfolio With Introduction Of Too Yumm Namkeen Variants

Too Yumm!, a healthy-snack subsidiary under the RPSG group, is expanding its Indian snacks portfolio with the introduction of variants under the Too Yumm! Namkeen brand. Too Yumm! Namkeen will primarily target tier I and II markets. The brand aims to capture a share of the ₹14,000-15,000 crore organized Indian snacks market and strengthen its presence in the kids' category. Too Yumm! expects to achieve sales of around ₹100 crore in the Indian snacks segment within a year. Too Yumm! also plans to explore adjacent product categories in the next 12-18 months. 

"RPSG Ventures’ Too Yumm to roll out Indian snacks variants under Too Yumm Namkeen", The Hindu Business Line , May 04, 2023

Finance, Economics, Tax  

Katjesgreenfood Acquires 10% Stake In Mymuesli, A Customizable Granola Provider

Katjesgreenfood, the venture-capital arm of German consumer-goods company Katjes Group, has acquired a 10 percent stake in Mymuesli, a German breakfast brand. Mymuesli claims it is the world’s first provider of individualized organic muesli, offering customers the ability to create personalized cereal mixes from over 80 organic ingredients. In addition, Mymuesli also sells pre-packaged breakfast products like porridge and granola. The brand’s products can be purchased through its website as well as other food retailers. Katjesgreenfood's investment aims to strengthen its position in innovative food concepts and drive sales for Mymuseli.

"Katjesgreenfood invests in German cereal maker Mymuesli", Just-food.com, May 03, 2023

Products & Brands  

Brazi Bites Introduces New Everything Brazilian Cheese Bread Flavour

Brazi Bites, a Latin-inspired brand offering gluten-free better-for-you snacks, has announced its new Everything Brazilian Cheese Bread flavor. The snack combines Brazi Bites’ Cheddar and Parmesan cheese flavor with its everything seasoning blend, featuring sesame seeds, poppy seeds, garlic, onion and salt. The product is free from gluten, grain, soy and artificial ingredients, and is prepared from frozen in around 20 minutes. Currently, the snack is exclusively available at Sprouts Farmers Market and is set to arrive at Whole Foods Market in fall 2023.

"Brazi Bites Debuts New Everything Brazilian Cheese Bread", Foodgressing , May 05, 2023

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