Page 46 - Ealthy Snacking News Today : Breaking News, Live Updates & Top Stories | Vimarsana

PepsiCo Q1 sales clear last year’s pandemic-inspired surge with innovations in snacks, energy drinks PepsiCo sales during the first three months of the year sailed passed the high bar set last year when the pandemic inspired pantry loading, despite challenges during the quarter, including temporary business disruptions due to the severe winter storms that hit Texas and the South. The company also established a strong foundation for future growth with “consumer centric innovation”​ in the energy and snacking segments, where company executives say they see s...

With this week’s appointment of industry veteran Paul Nardone as the new CEO of HIPPEAS, the organic chickpea snack brand is building an all-star executive team with a strong track record of high-profile exits to help it leverage pandemic-inspired shifts in shopping to get closer to consumers and meet their demand for plant-based, better-for-you snacks.

While a downturn in sales for snack bars in the past year suggest consumer demand has softened, snacking behavior has hit a fever pitch and innovation in this set is hotter than ever as brands evolve to meet shifting consumer demands.

This year promises to be a “blockbuster year” for snacking innovation after 2020 saw drastically fewer new products hit stores than previous years, but of those that did launch the best sellers catered to Americans’ pandemic-influenced demands – portending what likely will do well in the coming year, according to the Chicago-based consumer research firm IRI Worldwide.