Second Nature Brands, a US-based creator of premium, nutritional and better-for-you snacks and treats, has announced it has completed the acquisition of Brownie Brittle from Encore Consumer Capital.
While Americans forked out $30.5bn for snacks in 2021, according to Chicago-based market researcher IRI, the event that really got them tucking in was this year’s Super Bowl Sunday, with SNAC International data showing a whopping 112 million pounds of...
Peanut consumption in the US has hit record levels for the second year in a row – rising to an all-time high of 7.9 pounds (3.5kg) per American in 2021. However, the National Peanut Board (NPB) said the consistent rise of the nut’s popularity is not surprising,...
The US Food and Drug Administration (FDA) has issued new guidance to encourage food producers to voluntarily reduce sodium content across categories like bakery, breakfast cereals and snacks, in order to help consumers reduce their salt intake by 12%...
Chocolate confectionery in the US is resilient to health and wellness trends and remains attractive to investors, according to an analyst at investment group Susquehanna International Group (SIG).
Nestlé has sold its US candy business ($924m in 2016 sales), which includes Butterfinger, Baby Ruth and Raisinets, to Nutella maker Ferrero for $2.8bn in cash.
The US chocolate confectionery space will soon see a surge of Brazilian free-from products as the country has started exporting its better-for-you products using the nation’s well-known acai berry.
Non-chocolate confectionery grew at a faster rate than chocolate in the US for the first half of 2017, driven in part by one strongly performing brand.
Just Born says it is interested in buying some of Nestlé’s candy brands, such as Rainsinets and Goobers, if the food giant sells its US confectionery unit to multiple companies.
Italian confectioner Loacker plans to further expand in the US with new chocolate products in 2018, but the brand says its core ingredient – wafer – will never change.
French premium chocolate firm Yves Thuriès has expanded distribution to Qatar and Kuwait after launching macaroon-shaped chocolates using a special coating process.
Nestlé is currently auctioning off its US candy business mostly to private equity firms, and major confectioners, including Hershey, Mars, Mondelēz and Tootsie Roll, a source familiar with the matter says.
Nestlé could go further than offloading its struggling US confectionery business and could find a willing buyer for its entire global confectionery division, says an analyst.
The group said it may even sell one of its confectionery businesses by the end of 2017 to boost its efforts in other categories where it has a stronger presence.
Pladis is aiming to become a major player in US premium chocolate with Godiva and will bring McVitie’s biscuits to the country next year, says its America's MD.
Products that claim to be low-fat, reduced sodium or cholesterol-free do not accurately represent the food’s nutritional quality, giving consumers a false sense about its health benefits, according to a US study.
Butterfinger maker Nestlé refuses to speculate if it will offload its challenged US confectionery business, but says it is “no stranger” to portfolio trimming.
The US chocolate confectionery market is set for a 1% volume decline between 2016 and 2021 as Americans’ GDP per capita is set to fall while the category is caught in an “anti-sugar crossfire”.
Mars Wrigley is working with retail partners, including Jewel-Osco, to understand shopper behavior in checkout queues and how to best merchandize impulse categories.
Automation and increased profitability may make US President-elect Donald Trump's promise to bring manufacturing jobs back to the US empty, say some food packaging and processing industry leaders at Pack Expo in Chicago.
Oreo maker, Mondelēz, reported a 6.6% decrease in net revenues during its Q3 period, driven by “currency headwinds and deconsolidation of the company’s Venezuelan operations.”
Long-coveted as a premium place for impulse purchases, the checkout aisle may not actually be the best place for encouraging candy consumption, according to Packaged Facts research.
Online meal kit company Chef’d has struck a deal to produce Hershey branded desserts as the US chocolate leader expands into flourishing US meal kit market.
