Kellanova’s ramped up commercial activity is paying off – helping the snack giant drive higher volume and sales amid challenging macro and industry conditions, which in turn helped convince retailers to accept price hikes, smaller pack sizes and other revenue growth management strategies, executives reported yesterday during the company’s first quarter earnings call.
The proliferation of state legislative initiatives has placed a critical obligation on bakers to meticulously scrutinize their formulations, ensuring that banned ingredients are excluded to enable marketing in specific states. Failure to comply could result in penalties of up to $10,000 per violation.
Kraft Heinz executives are optimistic that the company will hit its full year financial goals despite a rocky start to the year in which organic sales and overall volumes dropped, due in part to a one-two punch of higher prices and less government support to help low-income consumers buy groceries.
The Coca-Cola Company anticipates “flat to modest growth in volume” in North America despite characterizing the US consumer as “in good shape” with only modest “compression” among lower-income shoppers, and reporting positive response to stepped-up innovation, increased distribution and “bigger” in-store displays.
With its vertically integrated supply chain, family-owned North Coast Seafoods connects directly with its fishing partners around the world while providing transparent communications around seafood sourcing to consumers, as Christian L'Heureux, the company's marketing manager, told FoodNavigator-USA.
After a challenging few years in which falling sales and units dragged plant-based protein into the trough of disillusionment, stakeholders are finding ways up the other side of the Gartner Hype Cycle by leveraging emerging technologies, novel ingredients and new culinary techniques, which FoodNavigator-USA explores in an upcoming free webinar.
Contrary to popular belief, not all video-gamers are happy to chug energy drinks and devour junk food for fuel – rather most eSports enthusiasts want convenient, tasty snacks that will not compromise their competitive edge by compromising their health.
Nassau Candy’s positioning in confectionery as an importer, manufacturer and distributor allows the company flexibility to focus on innovation and its customers’ needs by filling in the gaps from discontinued but in-demand products, Dana Rodio, director, marketing and brand strategy, Nassau Candy, told FoodNavigator-USA.
Despite declining sales and investment in the alternative protein industry in recent years, the segment is seeing early green shoots that suggest category stakeholders may be clawing their way out of the trough of disillusionment and up the other side of the Gartner Hype Cycle to the promise of full integration.
Consumers increasingly are weary of “drinking empty calories,” and are instead looking for less sugar and more functional benefits from their beverages – be it enhanced hydration, gut-health support, mood and mental health management or permissible indulgence from drinks that cut the calories but not the flavor.