North American pecan growers have entered the snack food industry, while the American Pecan Council has debuted a new logo and slogan branding pecans as "the original supernut." US retail sales for packaged nuts, seeds and trail mix are expected to total $7.5 billion by 2022, according to Euromonitor.
Kraft Heinz and Food Network have partnered to launch a line of condiments and meal kits designed to bring international cooking into the kitchen. The range features cooking sauces with flavors including Korean Gochujang, eight salad dressings such as Cuban Style Orange Citrus and five varieties of Food Network Kitchen Inspirations meal kits, among them Chicken Tikka Masala and Tuscan-Style Mushroom Risotto.
Almonds offer multiple advantages as an ingredient in chocolate products, according to Lu Ann Williams of Innova Market Insights. Almonds not only convey a healthy message to consumers, they also deliver plant-based protein and texture to indulgent snacks, she said.
Keurig Green Mountain expects to finalize its acquisition of Dr Pepper Snapple Group during this year's second quarter, the latter company said in a release of its first-quarter 2018 earnings. Dr Pepper reported a 16% rise in volumes of its Canada Dry line, driven by innovation and increasing consumer demand for ginger ale.
Tabasco has released a premium sauce to mark its 150th anniversary. Tabasco Diamond Reserve, which is available online for $35 a bottle, is a limited-edition sauce that is aged up to 15 years and made with sparkling white wine vinegar.
Breyers is expanding its frozen-treat line with the debut of 2in1 ice creams that combine different varieties of candy and cookie pieces. The line, available in 48-ounce containers, includes Heath Waffle Cone, Snickers M&M's and Oreo Chips Ahoy varieties.
Consumers are seeking healthy foods with transparent ingredients, but that doesn't mean they are abandoning their interest in indulgent treats, said panelists at the recent American Bakers Association convention in Arizona. "It's our responsibility to make sure we're innovating around indulgence and health and wellness and delivering great products that provide indulgence when consumers are looking for it and also providing healthier offerings," said Dawn Foods CEO Carrie Jones-Barber.
SUPERVALU is looking to sell its Shop 'n Save banner, while it said it will continue to invest in its other banners such as Cub Foods. The company also announced the sale of eight distribution centers, in which it plans to lease back space.
A natural ingredient list is key to Celsius' differentiation strategy in a crowded sports-drink market, said CEO John Fieldly. "We're really targeting that hardcore fitness enthusiast and people that want more energy out of their products," he said.
Glass packaging is benefiting from recent innovation in the better-for-you beverage space, according to a new report from PMMI Business Intelligence. "If you position the product as good for you and is good for the environment -- it needs to stay in glass since glass is 100% recyclable," one beverage brand manager said in the report.