Campbell Soup is "seeing seismic shifts" in how consumers eat, prompting the 149-year-old company to diversify its portfolio to offer more fresh, organic and healthy foods, said CEO Denise Morrison. She points to the mid-year launch of the company's clean-label Well Yes! soup line as a way the brand is innovating based on consumer feedback, and says the new line is "off to a really good start."
Dr Pepper was the second-most-mentioned brand on social media during the College Football Playoff and National Championships. The soft drink was mentioned nearly 1,000 times on Instagram and Twitter in game-associated posts, according to an analysis by Sponsorship Research International.
Global flavors are the hallmark of McCormick & Co.'s 17 new products, which are rolling out this spring. The latest additions include Brazilian Steakhouse seasoning, Korean BBQ Marinade and Zatarain's Cheddar Jalapeno Biscuit Mix, among many other new items.
Sales of packaged drinks are expected to climb 5.2% in the convenience store channel this year, according to the recently-released Convenience Store News Forecast Study. Dollar sales of carbonated soft drinks are projected to rise by 0.9% in 2017, while bottled water sales will grow by 4.4%, the study says.
President-elect Donald Trump has nominated former Georgia Gov. Sonny Perdue for the Secretary of Agriculture post. "Sonny Perdue's agricultural business background and experience as governor will serve the US well," said GMA President and CEO Pamela G. Bailey of Perdue, a veterinarian who grew up on a Georgia farm and owns several agriculture-related businesses.
CAVU Venture Partners has launched a $209 million fund to explore opportunities with startup food and beverage businesses. CAVU was an early investor in Bai, which sold for $1.7 billion in November, as well as Sweet Leaf Tea Co., Kite Hill and Health-Ade.
Mondelez has experienced success with its Trident Max chewing gum line in Europe, according to spokesman Steve Mann. The company's multiple brand lines also include Hollywood Max and Stimorol in France and Switzerland, respectively.
DO, a company that creates desserts that feature raw cookie dough that's safe to eat, will open a store in New York next week. The Greenwich Village location will offer cookie dough incorporated into cups, cones and included in treats such as milkshakes and sundaes.
Simply Eight founder and CEO Ernie Pang says the company's granola bars will focus on a simplified take on favorite flavors that bypass the fancier nutrient-dense ingredients found in competitors' offerings. The company's back-to-basics approach is based on a desire to "'retrovate' more than 'innovate,'" said Pang.
Kellogg Canada has debuted a number of new items under its Special K, All-Bran and Vector brands, among others. With mixed nuts, real fruit and other healthy ingredients in products like Special K Nourish cereal and Vector Protein Bars, the company hopes to deliver what health-conscious consumers want, said Chris Bell, Kellogg Canada's vice president of marketing.
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