Kellogg leaps at buying the Pringles chip brand from Procter & Gamble for $2.7 billion after a sale with Diamond Foods was sidetracked by Diamond’s accounting troubles and a management shakeup.
The snack industry should plan on attending or exhibiting at SNAXPO 2012, March 16-19, in Phoenix at the Phoenix Convention Center. Hosted by the Snack Food Association, this exciting diamond anniversary (75th year) snack event will provide opportunities to network with snack food industry professionals from around the world, learn the latest and greatest trends and technologies and hear interesting speakers, such as former Arkansas governor and best-selling author, Mike Huckabee.
The mounting pressure to stand out on grocery store shelves has manufacturers looking to new and exciting ways to grab interest in their products through better-for-you sweet and savory options and unique flavor profiles.
In a move toward boldly-flavored, healthful products, manufacturers are finding innovative ways to meet the needs of consumers who favor sweet and savory bakery foods and snacks. Starting with the dessert first, familiar flavors and healthful benefits can be found in many of Wholly Wholesome’s pie products.
Five Point Snacks is a new snack line designed to help U.S. veterans return to a better civilian life by donating at least 11% of its profits to organizations that support, care for and benefit veterans.
Company: Frito-Lay, Inc., Plano, Texas Website: www.fritolay.com Introduced: August 2011 Distribution: National Suggested Retail: $1.49 for a 3.375-oz. bag of Doritos or a 3.75-oz. bag of Cheetos
Whether it’s a picnic, a ballgame, a county fair or just lounging in the sun, the state of the snack industry proves that consumers are in for one wild, fun-filled, tasty ride.