‘On a run rate basis, we’ll hit $1bn in US retail sales in the next couple of months’

“We​ serve less than 20% of US households, but we know that great tasting, natural foods are relevant to a lot more than 20% of the population,” adds Stokes, who joined Mars in June 2019, moved to KIND (as chief growth officer) in spring 2021, and took the helm of its North American business in … Read more

How is Mars promoting living incomes for cocoa smallholders?

Mars Inc has been making chocolate for more than 100 years. However, the company recognises that there are some systematic issues in the cocoa supply chain that are yet to be solved. Smallholder farmers produce around 95% of global cocoa supplies. A large majority of these farmers don’t make a living income to provide for … Read more

Cacao-free chocolate alternative mimics the real thing, with 80% fewer CO2 emissions

Chocolate is one of the most consumed food products on the planet. Estimated to reach a total market size of $180bn by 2025, according to ResearchAndMarkets, chocolate is big business. But the chocolate industry has a ‘truly dark side’, according to London-based start-up WNWN (pronounced ‘win-win’) Food Labs. “People don’t really know about the problems … Read more

‘This is a landmark moment but there is more to come’

The Cocoa Supplement and Multivitamin Outcomes Study (COSMOS) was a five-year undertaking by scientists at the Brigham and Women’s Hospital in the US, with support from Mars Inc’s nutrition division, Mars Edge. It is noteworthy for both its scale and scope. Building on a growing body of evidence pointing to the benefits of flavanols on … Read more

Sweets & Snacks Expo announces full education programme for confectionery sector

The show’s new industry education programming will include industry-specific education sessions to give attendees the opportunity to learn from experts, thought-provoking industry panels and confectionery and snack leaders tackling critical issues like supply-chain disruption, revolutionary confectionery and snack product innovation, social media’s influence on purchasing habits and post-pandemic shopping trends. “The education sessions offered at … Read more

GNT launches first organic colours made with safflower

The Netherlands-based company said the organic market is seeing ‘exceptional’ growth as modern consumers pay closer attention to food and drink products’ health and sustainability credentials. In response, GNT has launched two new organic products. ‘Fruit & Veg Yellow’ is made from organic safflower and organic apple, while ‘Veg Green’ is made from organic safflower … Read more

Can Hershey hold on to share gains as capacity constrains bump against increased demand?

“We have gotten off to a tremendous start to the year with reported sales growth of 16% and adjusted EPS growth of almost 32% in Q1”​ thanks in part to resilient consumer demand despite mid- to high-single-digit price increase across the portfolio and a “Strategic focus on enhancing our offerings and price points to ensure … Read more

Impulse purchases evolve to meet new consumer demands, shopping habits post COVID

Once limited mostly to individually-wrapped items corralled by the checkout stand to be consumed within seconds of leaving the store or on-go, impulse purchases today are more likely to be sharing sizes and larger multi- or variety-packs – reflecting the Shift to working and snacking at home, and the desire to balance the demands of … Read more

High-profile scandals put European food safety in the spotlight

Research suggests that just over half of European consumers — 55% — think food on sale in the region is safe. According to the EIT Food TrustTracker report, this rises to 74% of shoppers in the UK who trust the safety of the food they buy. However, EIT’s figures also show that over one-fifth of … Read more

Nestle enjoys strong sales as consumer spending remains ‘resilient’ despite 5.2% price hike

“So far, we have not seen any material evidence of negative [real internal growth] elasticity linked to price increases,”​ which grew 5.2% overall and a significant 8.5% in North America during the three months of the year, Nestle CFO Francois Roger said during the company’s first quarter earnings call Thursday. Rather than slowing in the … Read more