Based on survey results suggesting 23% of shoppers can afford organic food, Annie's Homegrown will debut 30 additional organic products this year, including soups, yogurt and cereal, and the company also plans to enter more retail channels. "Even as our quantity of offerings increases rapidly, no compromises to Annie’s brand standards have been made," said Dan Stangler, Annie's marketing director at the General Mills subsidiary.
Monster Beverage Corp.'s business acumen earned it the No. 7 spot on Forbes' list of innovative companies, the highest of any food or beverage firm. The company is concentrating its efforts on in-store and direct marketing to promote the launch of two new products, Mutant and Hydro, in the coming months, said Chairman and CEO Rodney Sacks.
The high rate of dissatisfaction in the legal field has led to numerous attorneys turning to entrepreneurship, particularly in the area of food startups. Lawless Jerky founder Matt Tolnick was unhappy with his job in litigation, so he took his hobby of creating craft jerky and launched a business out of it.
General Mills is recognizing Olympic gold medal-winning swimmer Michael Phelps' third appearance on its Wheaties boxes with a special "Lifetime Achievement" edition. "Michael proved that resilience, discipline and performance pay off and we are honored to feature him for the third time, and for a Wheaties Lifetime Achievement box," said Wheaties Marketing Vice President Dana McNabb.
Fried Jell-O and State Fair Cookie Fries were recognized as the most creative and best tasting food creations, respectively, at the Texas State Fair. Fried Jell-O is made using flash-fried panko-crusted breading, while cookie fries come in chocolate chip or sprinkles flavors before being topped with strawberry or chocolate sauce.
A team of researchers will conduct a four-year study of the effects of cocoa extract on men aged 60 and older and women aged 65 and older. "We'll be rigorously testing whether the cocoa flavanols do reduce risk of heart attacks, strokes, cognitive decline and many other conditions over time," said Brigham and Women's Hospital Chief of Preventive Medicine JoAnn Manson.
The development of decadent flavors such as sea salt caramel, as well as an appearance in Tom Brady's refrigerator in a Facebook photo, were among the milestones for Greek frozen yogurt brand Yasso, which launched in 2009 and projects sales of $50 million for 2016, say founders Drew Harrington and Amanda Klane.
Coca-Cola has reached its goal to replenish the volume of water the company uses to make its beverages after launching water conservancy projects around the globe, the company said. "This achievement marks a moment of pride for Coca-Cola and our partners," said CEO Muhtar Kent.
Americans consumed more than 34 pounds of cheese per capita in 2015, continuing a steady increase of cheese consumption. "Cheese consumption has been continuously going up for the last 20 years, and it doesn't seem to be stopping," said Leslie Butler, a University of California, Davis, agricultural and resource economics lecturer.
The number of artisanal cheese makers has almost doubled in the US over the last 16 years, reaching 400, according to cultural anthropologist and MIT professor Heather Paxson. The cheeses the artisans make are meant to stand up on their own, as opposed to being served on sandwiches, and they are part of a "tradition of invention" in the US, which spurs change and innovation in the country's cheese market, she said.
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