The Twinkies return has been terrific but the owners need to take things slowly and ensure a solid comeback before launching any line extensions like gluten-free variants, a marketing expert warns.
The Bakery, Confectionery, Tobacco Workers and Grain Millers International Union (BCTGM) says its members should be a part of the newly launched Hostess Brands business given their expertise.
The Coca-Cola Company CEO Muhtar Kent says the company is not happy with its Q2 performance and blamed lower volume sales on global economic weaknesses and unusually poor weather.
Asian agri giant and Kellogg’s joint venture partner Wilmar International has defended its palm oil operations and insisted it remains undaunted by the challenge of ensuring a sustainable supply chain.
Kellogg says it takes palm oil sourcing extremely seriously and is defending its joint venture with Wilmar International after accusations that the Asian agri giant is involved in illegal palm oil activities.
Wrigley has filed a patent to use a compound in gum that creates a cooling sensation without unwanted flavors and odors associated with options currently on the market.
Gluten-free giant Boulder Brands has moved into new territory today with the acquisition of a controlling (80%) stake in GlucoBrands, the owner of Level Life Foods - a specialist in diabetes management products.
Consumers, the marketers tell us, want healthier, more wholesome snacks with clean-labels and all-natural ingredients. So on paper, at least, the long-term prospects for Twinkies - returning to a store near you in a matter of days - might seem bleak.
Big interview: Kevin Klock, CEO Talking Rain (Sparkling ICE)
Want to know what success looks like? Check out Sparkling ICE. In early 2010 it was generating $10m a year. This year, it’s on course to generate $350-400m and CEO Kevin Klock tells FoodNavigator-USA it could be a $1bn brand by 2018.
Israeli gluten-free specialists GreenLite are set to launch its new branded bread products to the US market next month, with a European roll out on the horizon too.
Organic volumes in ConAgra Foods’ Consumer Foods segment rose 3% in the last quarter, marking an “important turning point” after more than two years of negative growth, said CEO Gary Rodkin yesterday.
Nestlé is pumping $53m into a new R&D facility in Solon in northern Ohio, that will be dedicated to frozen and chilled foods and serve Nestle's businesses worldwide.
General Mills CEO Ken Powell fielded questions on everything from Greek yogurt to liquid breakfasts on the firm’s Q4 earnings call yesterday, including one on genetically modified organisms (GMOs).
The US cereal category has been in a steady state of decline for the past decade but General Mills' CEO says that when you have the right message and innovation, cereal brands respond well in the market.
The maker of a new sugar free cookie sweetened with monk fruit extract claims its product is set for big things in markets with high diabetes rates such as Australia and Saudi Arabia.
Danone Waters North America has redesigned its Evian Natural Spring Water bottle for the first time in 14 years, as it attempts to create a ‘new connection’ with US consumers within premium water.
While the zero-calorie natural sweetener stevia is now used in scores of high-profile brands from Sprite Select to Vitamin Water Zero, the only top-tier cola brand to try it to date has been the Australian formulation of Pepsi Next, which has 30% less...
General Mills is launching a new version of Yoplait Greek yogurt after learning that “many consumers were not fully satisfied with the fruit on the bottom and aftertaste of its current Greek offering”, says the firm.
Private label specialist TreeHouse Foods has struck a deal to acquire Cains Foods, a privately owned manufacturer of shelf stable mayonnaise, dressings and sauces, based in Ayer, Massachusetts, for $35m.
SAB Miller is disappointed by yesterday’s interim court injunction that stops it terminating its Canadian License Agreement with Molson Coors, and one City analyst warns that the spat could be a symptom of broader tensions between the two brewing giants,...
There is a strong stereotype that women want indulgence and health when snacking, but in the US and Europe health comes eleventh in snack motivations, according to new research from Canadean.
Dean Foods has announced plans to close its Springfield, Virginia dairy plant within the next two months - a move which will see the end of its Shenandoah’s Pride brand and eliminate 110 jobs.
A month after announcing a deal to buy baby food firm Plum Organics, Campbell Soup has unveiled plans to acquire Kelsen Group A/S, a Danish producer of baked snacks that has developed a significant presence in China.
Edrington says it sees ‘significant opportunities’ in the US for brands such as The Macallan and Brugal Extra Dry rum, as it takes over distribution of its brands from Remy Cointreau USA from 2014.
Kraft’s plan to split itself into two standalone business units will help the market see more clearly how its brands are performing and provide greater focus on key categories, says one analyst.
Claims like low sodium, low fat and low calorie on snacks are decreasing which seems counterintuitive given action is being taken by manufacturers, said the director of innovation and insights at Mintel.
SETH GOLDMAN, CO-FOUNDER, SAYS BRAND 'CONTINUES TO INNOVATE'
Seth Goldman, co-founder and ‘TEA-EO’ of entrepreneurial success story Honest Tea, tells BeverageDaily.com that Coke’s ownership has helped the brand take Fair Trade and Organic credentials into the US mainstream.
Jif peanut butter to Folgers coffee maker JM Smucker said sales of K-cups topped $290m in fiscal 2013 (ending April 30), compared with just under $180m in 2012, a 61% increase.
Business has a 'huge runway' ahead of it: CEO John Cochran
The new CEO of Tennessee’s first legal ‘moonshine’ brand Ole Smoky says the category is riding high on brown spirits growth and the millennial desire to try new things that are a ‘bit naughty’.
US consumers don’t have the habit of eating hot cereal, but they are very open to new concepts and the Special K Nourish launch should do very well, says an analyst.
A US court says a class action alleging that Associated British Foods (ABF) brand Twinings broke the law by labeling green, black and white teas as a ‘natural source of antioxidants’ may proceed.
Blast out of the starting blocks with your hot new product at high ACV distribution and pile in the promotional cash, and you’ve got a fighting chance of reaching that magic $100m in year one sales. You’re innovation dynamite: an IRI new product pacesetter.
Kellogg and General Mills have largely slashed sugar and sodium and upped fiber in their US ready-to-eat (RTE) breakfast cereals, but in a number of products the sugar and sodium levels have risen or not changed, new findings show.
