Salty Snacks
Beanfields Acquired by Boosh Plant-Based Brands
Snack brand Beanfields has been acquired by Vancouver-based Boosh Plant-Based Brands Inc.. The deal, which was announced last week, officially closed on Wednesday.
Looking to Grow the Platform, Unique Pretzel Becomes Unique Snacks
Pretzel makers since the 1700s, the Spannuth family launched commercial bakery Unique Pretzel Bakery in 1921 and its store brand in 1964. The company is now rebranding to Unique Snacks, hoping to build out a larger salty snacks platform.
PeaTos Closes $7M in Funding
PeaTos yesterday announced the close of a $7 million funding round, which included a $3 million convertible note from 2019. The round was led by financial services firm Jackson Springs Management Partners and venture capital firm Connetic Ventures, with participation from returning investors Apu Mody and Carlos Barroso, along with an undisclosed private hedge fund and former NBA basketball player Tracy McGrady.
Quinn Closes Funding, Celebrates a Decade in Business
Kirsty Lewis officially has two tweens on her hands — both her son and the snack company named after him, Quinn turn ten this week. With one decade in business under its belt, the company announced today the close of $3 million in funding, in part to help further launch its newest releases, grain-free and gluten-free pretzels.
Salty Snacks: Ecomm Blooms; Retail Launches Leap Forward
Consumers’ salty snacking appetites seem to grow with more time spent at home — and brands, facing decreased store trip frequency, have quickly had to adjust their retail channel strategy and product mix to help keep them satisfied.
Hippeas Expands Platform with Chips
Chickpea brand Hippeas has always wanted to move beyond its initial line of puffs and become a “lifestyle” platform brand. Now the brand is taking its first steps in that direction; last week it launched a line of chickpea-based tortilla chips nationwide in retailer Whole Foods Market.
Crunch and Go: Small Pickles and Packs Aim for Snacking Set
Pickle producers want people to peek past picnics, parties and paper plates. To freshen up the pickle set and appeal to busy consumers, companies are creating snack-size pickles in convenient packs, expanding usage occasions for the savory, low-calorie snack.
Give Peas Another Chance: PeaTos Rebrands, Expands
As part of a sprawling branding update, PeaTos this week debuted new packaging, a bolder design and new Crunchy Rings as it prepares to expand its distribution in the coming months.
Sweets And Snacks: Innovation and Opportunity in Natural Channels
When it comes to snacks, consumers want meats, sweets and salt — preferably with a better-for-you label. In a presentation last week at the Sweets and Snacks Expo in Chicago, SPINS and UNFI reviewed trends driving natural and specialty candy and snacks, segments that comprise a 19% share of dollar volume and 42.8% share of dollar gains in the overall snacking industry.
Iwon Organics Puffs Up Product Portfolio and Distribution
Iwon organics, a high protein chip brand targeted at athletes and health conscious consumers, announced this week that it’s bringing a new protein puff line to more than 4,500 GNC stores in October.