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 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.
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.
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.
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.
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.
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.
During Natural Products Expo West 2018, Senior Reporter Meagan McGinnes spoke with five-time CrossFit Games athlete Lauren Fisher about her work as a brand ambassador with Lesser Evil. Watch the video to learn about what attributes she looks for in snacks and what she thinks natural brands need to do in order to be noticed by functional fitness consumers.