U.S. confectionery Goliaths losing market share to SMEs – IRI
The top four U.S. candy manufacturers are growing at slower rates than smaller companies, that are able to bring new products to market quicker, says an IRI analyst.
Archives for June 2, 2015
Israeli start-up has novel approach for grasshopper shakes
Israeli insect start-up, Steak TzarTzar, aims to target the Western sports nutrition market with its grasshopper protein powder - competitively priced thanks to grasshopper sales in Africa.
Chinese food safety amendment could benefit both domestic and international suppliers
The latest amendment to China’s Food Safety Law passed by the Standing Committee of China’s National People’s Congress (NPC), touted by China's government as the "toughest food safety law" in the country's history could promote demand for meat products,...
'We have retained a cult-like following even as we have gone mass market'
Lifeway Foods CEO: ‘We want to be to kefir what Hershey's is to chocolate'
When Julie Smolyansky became president and CEO of kefir market leader Lifeway Foods in 2002 after the sudden death of her father (its founder), the stock went into freefall as investors feared the 27-year old wasn’t ready to run a public company. They...
NurturMe angles for pole-position in quinoa-based baby food category
A $1.5 million investment from EcoEnterprises Fund will enable NurturMe to expand its line of quinoa-based children's food as well as its social mission as a B-Corporation to improve sustainable agriculture in South America, a company executive said.
Allegations of misleading baby food labels spurs changes in market
Beech-Nut Nutrition Company is going above and beyond the legal labeling requirements of ingredients to reassure parents following allegations that other baby food companies’ labeling misleads consumers about the quality and quantities of ingredients in...
CFIA urges Canadian consumers to check infant formula for 'tampering'
Canadian consumers that purchase infant formula are being urged to check packs for signs of tampering and product substitution.
Probiota Americas
NYAG affair will have implications for probiotics suppliers, exec says
According to one prominent executive, for the probiotics industry, the fallout from the NYAG affair should be fairly straightforward: Make sure you know how to do what you’re supposed to do in the first place. Identify and count, it’s as simple as that.
Feature: Understanding the millennial shopper
Retail expert on millennials: ‘Being liked does not link to purchase as much as being shared’
Snack makers must stay relevant and share worthy if they want millennials to spend dollars, says the president of retail marketing consultancy firm FCB RED.
NAMI brings together food industry on topic of antibiotics
More than 150 major US food companies, retailers and health professionals have joined forces in an attempt to slow the development of antibiotic-resistant bacteria, and prevent the spread of resistant infections over the next five years.