For the first time small companies with revenues under $1 billion make up more than half of IRI’s New Product Pacesetters report, which was released yesterday. The research firm’s 23rd annual Pacesetters report lists 2018’s most successful new food and beverage product launches in both major retail and convenience stores, as well as non-food by multi-outlet dollar sales.
During its recent 2019 annual shareowners’ meeting and its 2019 first quarter earnings call, Kellogg, the largest cereal company in the U.S., shared details of its financial performance following a challenging year for the category.
Meat snack producer Stryve doesn’t just want to be the country’s leading biltong brand; it wants to be the manufacturer of choice for the growing category. The company last week announced the close of a $16.5 million round of funding to not only grow its own brand but to grow its manufacturing facilities as well.
Your packaging needs to tell a story ‘beyond the box’ — and you’d better tell the consumer how to recycle that box as well. Those are key findings from research firm Mintel, which just released its 2019 Global Packaging Trends report.
After over a decade and a half in business, 34 Degrees is exploring changes to packaging and branding in order to position itself in the sweet center of the snacking movement.
Front-of-pack “clean labels” have become one of the most important ways for brands to demonstrate their whole food characteristics. But it’s also becoming a source of legal tension.
Hummustir cofounder and CEO Rakesh Barmecha told NOSH that his team has changed its company’s name to “Stir It Up,” redesigned the packaging for its Hummustir line, and doubled its store count to about 6,000 retailers.
According to a report compiled by food and beverage packaging leader Tetra Pak, more than half of all in-store purchases today are influenced by digital channels, many of which are being accessed via smartphones. Because of this, many food and beverage brands are looking to social media and key influencers to reach consumers where they are: online.
Digital printing company ePac Holdings announced last week that it will open its second flexible packaging plant this fall in Boulder, Colorado. For the company the intent is clear: to expand within one of the country’s thriving natural food hotbeds.
Packaging company TemperPack, which focuses on products that need to stay cold while shipping, wants to better match a package’s lifecycle to the product that it’s shipping– and it’s a sustainable mission investors are starting to get behind.