Not all potato chips are created equal. And competition among up-and-coming chip brands is fierce in this highly mature retail snack segment valued at $8.9 billion, per IRI, Chicago. In chips, a select few companies and longstanding legacy brands dominate annual sales and market share.
The past few years have contributed elements that have combined into a “perfect storm” of challenges for grain-focused food companies, including many snack and bakery companies.
A recent mailing from the Almond Board of California highlights regional product innovations that prominently feature almonds—this one from Chicago, a “hub for culinary innovation with abundant opportunities for all sorts of food professionals."
The National Honey Board presents its picks for the most innovative made-with-honey products featured at this year's Sweets & Snacks Expo and Summer Fancy Food Show.
The puffed and extruded category mostly experienced growth from 2021 to 2022. Consumers are also searching for better-for-you flavors, and the category aimed to accommodate.