‘We believe there is a sizable consumer opportunity in this space’

Billed as having a fraction of the environmental footprint of bovine whey​​ , Perfect Day’s protein is bio-identical to the main form of whey protein (beta-lactoglobulin) in cow’s milk, and is now fueling multiple new product launches in milk, ice cream, confectionery, cake mixes, cream cheese and protein powders . While most launches are from … 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

Catalina Snacks CEO… ‘The majority of our audience just want to eat less sugar and fewer carbs’

Catalina Snacks was founded in 2017 by Krishna Kaliannan who as a Type 1 diabetic missed the typical snacks and breakfast foods he once enjoyed (Cinnamon Toast Crunch and Oreos) and was growing tired of an endless cycle of eggs and nuts to maintain his blood sugar levels . Through online research into low-carb baking, … Read more

‘I think COVID shocked our systems in a lot of ways’

“I think COVID shocked our systems in a lot of ways,”​ said Wolf, who noted how as consumers spent more time at home, they tended to seek out familiar comfort foods leading to a spike in sales in Mondelēz’s core business of cookies and crackers. But the tide is shifting towards discovery of new brands … Read more

Barry Callebaut on growth opportunities for chocolate

According to Barry Callebaugh Chocolate Trends 2022 ReportIn fact, 88% of American consumers report having purchased chocolate in the past three months, and nearly two-thirds (65%) say this is their preferred indulgence. Sales of chocolate in North America, the No. 2 market for chocolate confectionery, exceeded $23 billion in 2021, with the United States accounting … Read more