Despite innovations to revitalize iconic brands and tap into emerging consumer desires, Kraft’s turnaround “remains a work in progress” as increased pricing to offset higher commodity costs slowed sales and dragged down earnings 11% in the third quarter, say investment analysts with Deutsche Bank.
When the nation’s largest cereal manufacturers and mass merchants say they want to use your ancient wheat as a primary ingredient in a granola line as part of a “better for you” brand collection, you say yes. Even if it’s on very short notice.
CEO Henry Miller had a vision for his company, Henry’s Humdingers, when he founded it. He wanted to give consumers a new take on honey and at the same time help bring light to the plight of honey bees, beset by threats. That was when he was 12.
The rising tide of food intolerances and allergic reactions bodes well for Pascha Chocolate, a brand that is founded on an allergen-free positioning. But co-founder Courtenay Vuchnich said the real message is purity, with allergen-free coming along for the ride.
Simple changes in how food manufacturers handle and trace ingredients, packages and labels at production facilities could reduce dramatically the number of recalls due to undeclared allergens, which make up the vast majority of food recalls, according to FDA.
Consumers need to be taught what the ‘unknown’ baobab fruit is, according to beverage newbie Matahi.
The food and agriculture industries are incredibly important parts of the U.S. and world economies. Food and agriculture exports are critical to farm incomes in the United States and in many parts of the developing world. Open markets for agriculture goods are especially critical for importing countries in the developing world as these countries, which for a variety of reasons are not self-sufficient in food production, seek to provide a reliable source of food and nutrition for their citizens. The political and economic stability of most countries depends on a stable supply of food at reasonable prices.
One of the fastest growing ingredients right now, coconut often is touted as a superfood, but that does not mean products containing its oil, flesh or milk are “healthy,” a recent FDA warning letter reminds the food and beverage industries.
In a nation of consumers who like their names on their Cokes and the chance to have a say in the next Lay’s potato chip flavor or create the next Dorito’s commercial, it’s no wonder that eating occasions themselves are now just as customizable—no longer slotted simply into breakfast, lunch, snack or dinner.
Hershey has lowered its full year guidance after a slowdown in Brazil and Mexico and a gross profit margin decline due to higher dairy and cocoa costs.
Swapping just five percent of calories from saturated fat with foods containing the polyunsaturated fat linoleic acid have a lower risk of heart disease, finds a new analysis of current evidence.
Whole Foods Markets has decided to go big, with a national TV ad campaign that kicked off during a recent World Series game. The message is one of “values,” talking about the natural grocery store chain’s commitment to sustainability and transparency.
Private label growth has slowed from the last several years when consumers flocked to the category due to the recession, according to a report from Packaged Facts. While retailers continue to launch and promote store brand products, a persistently sluggish economy and higher food prices have hampered consumer spending on food and beverage products across the board.
While Beanitos probably has a higher profile, fellow Texan chip maker Simply7 snacks has quietly carved out an equally impressive niche in the better-for-you snacks aisle over the past four years with hummus, lentil, quinoa and pink pomegranate chips that adhere to its ‘seven principles’.
Cereal and plant proteins hold huge potential for breakfast cereal and snack bar fortification but taste and texture remain challenging, say Kellogg’s lead product development scientist.
Food technology startup Exo has closed a $1.2 million seed funding round, which will help the cricket-fueled protein bar maker expand its product line and dramatically boost production to keep up with the “surprising” level of demand, its co-CEO says.
Eating protein-rich breakfasts may increase levels of dopamine in the brain, which may reduce food cravings and overeating later in the day, says a new study from the University of Missouri.
General Mills will launch ancient grains Cheerios to take the fast-growing trend into mainstream cereal, its marketing manager for cereal innovation says.
As one analyst suggests that Dr Pepper Snapple Group has hit a ‘home run’ with Mexican mineral water brand Penafiel, the company says it hopes to increase distribution in the US.
Policies aimed at encouraging families and children to eat healthier could be aided by retailers that place healthier food options at the eye level of children, say researchers.