With all the recent gyrations going on in the confectionery industry, I thought it might be wise to get some outside perspective. Periodically I get a publication called U.S. Talking Points from Rabobank, written by senior analyst Nick Fereday. It’s essentially a brief on recent events affecting the food and beverage industries, peppered with Fereday’s observations.
Clean eating continues to be priority for about half of American consumers, but taste is usually the deciding purchase factor, says a new trends insight report by FONA International.
Whether they're ferrying children between school and soccer practice or pulling a few more hours at work, consumers are busier than ever. But that doesn't mean they're willing to compromise on nutrition.
For the first time, Nonni’s Foods is introducing a new limited batch of spring biscotti flavors. Inspired by the freshness of the spring season, White Chocolate Cherry Biscotti and Limoncello Pistachio Biscotti hit select grocery stores nationwide in March.
Allied Market Research’s recently released global sugar confectionery market report projects sugar confectionery sales will reach $55.594 billion by 2022. The study foresees an estimated CAGR of 3.2 percent between 2016 and 2022. It’s no surprise then that key industry players are leaving no stone unturned in tapping the immense potential of the market.
Organic candy manufacturer YumEarth has added six new candies to its product line. Bold black licorice, pucker-inducing sours, and fruity licorice began rolling out nationwide in March.
At this month’s State-of-the-Industry Conference organized by the National Confectioners Association, several speakers reinforced the health and wellness trend as it applies to confections and snacks. At an early morning supplier member meeting featuring executives from Mondelez International, it became clear that this multinational’s focus rests on “well-being snacks.”