Goya Foods has evolved from a company catering to the traditional tastes of Hispanic immigrants to meeting the health demands of all consumers, said CEO Bob Unanue. Goya partnered with first lady Michelle Obama to promote the USDA's MyPlate initiative, and has added organic, gluten-free and low-sodium products to its portfolio, Unanue said.
Brewed Iced Coffee maker Wandering Bear, bagless tea brand Tea Drops and mung bean snack company Crunchsters are among the food and beverage startups that will receive funding from AccelFoods. The company raised $20 million in new funding that it will use to support companies from pre-seed through Series B stages, co-founders Jordan Gaspar and Lauren Jupiter said.
Reducing portion size and developing eco-friendly options are among the trends gaining momentum with beverage manufacturers this year. PepsiCo and the Coca-Cola Co. both reported increased sales of their smaller-sized cans and bottles. Recent innovations in eco-friendly packaging include Coca-Cola's PlantBottle and Nestle Waters North America's new bottle for its Resource Natural Spring Water made from 100% recycled materials.
Soda fountains that mix nostalgia with modern trends are experiencing a resurgence across the country. The shops appeal to consumers looking for hand-made beverages with a focus on gourmet or locally-sourced ingredients.
Morinaga America has unveiled new "eye-catching" packaging that includes bright colors and images of fresh fruit in hopes of expanding the consumer base for Hi-Chew candy. The company is also planning to step up distribution in the US over the next several months, according to Terry Kawabe, Morinaga America's chief operating officer and senior vice president.
Maltesers Teasers will now be available in four-packs, in an effort to make the Mars Ice Cream product more appealing to families. "With ice cream being the third largest category for in-home treats and four-pack being the most popular pack format, it was clear we were missing a trick with not having the well-loved Maltesers Teasers in this new pack format," said Mars Ice Cream General Manager Phil Shaw.
United Biscuits will bring back Trio chocolate bars for a limited time starting March 1 after a successful social media campaign in support of the toffee-based snacks, which were discontinued 13 years ago. "Insights have shown that the feeling of warmth towards this product has not faded as Trio’s retro brand continues to evoke a powerful feeling of nostalgia, and we anticipate strong demand from consumers to see it on shelf in their supermarket," said United Biscuits' Sarah Heynen.
The artisans at Ethereal Confections in Woodstock, Ill., haven't had an easy road developing their bean-to-bar chocolate, but the process has paid off for the company. "We took a few confection-making classes and read books but mostly learned by trial and error," said Sara Miller, one of the firm's co-founders. "There's nobody out there, that we know of, not even a culinary school, that teaches the bean-to-bar process." Ethereal Confections purchases all of its beans from Central and South America, where the company says economics are more favorable for farmers than in other areas of the world.
Bacon chocolate bars sold in Trader Joe's stores in four southern US states will be recalled, according to a news release by the Agriculture Department's Food Safety and Inspection Service. The bars contain coconut without a proper label disclosure, the release states.
Modern Oats, a gluten-free, gourmet oatmeal company that saw 50% growth from 2014 to 2015 says its success comes from providing a more stylish, up-to-date product. The GMO-free product featuring goji berries and blueberries aims to grab the attention of health-conscious consumers and isn't aiming to be the biggest brand, said Richard Principale, president and chief executive officer of parent company Innovative Beverage Concepts, saying being a small player has its positives.
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