Nestle CEO Mark Schneider received high praise from board chairman Paul Bulcke during this week's World Economic Forum. Bulcke said he expects Schneider to stay in the CEO role for the long term rather than leading the company for just a few years.
Among the trends seen at the recent Natural Products Expo West was a movement toward low FODMAP products, which could be catching attention with consumers, said Mintel's Jennifer Zegler. Other trends on display at the show were beverage shots with functional benefits and probiotic drinks and foods.
Suja is entering the milk aisle with the debut of its nut-free, plant-based beverage line that uses a pea milk base. "We like the dairy space, because one, it doesn't cannibalize as much from our existing produce space where our juices and kombuchas are...and retailers seem to really like it because they know we can bring the households we already have in produce to the dairy side," said CEO Jeff Church.
PepsiCo's Creators League is releasing a slew of video content, including a comedy series from "BoJack Horseman" producer Peter Knight and a street ball documentary series. The company's in-house creative shop also recently presented its full-length documentary, "A Tuba to Cuba," at the South by Southwest festival.
Greek feta cheese is a great fit for several probiotic strains, according to a new study conducted by researchers from the Institute of Technology of Agricultural Products. Functional feta cheese incorporating the L. plantarum strain T571 could tap into the rising consumer demand for healthy food products, said the scientists.
Arla Foods Ingredients has developed a skyr product that can be used in existing yogurt production lines and sold in the Chinese market. "Skyr has been a huge success in Scandinavia and elsewhere in the world and we believe it will also receive a warm welcome in China," said Aparecido Silveira, Arla Foods Ingredients' global marketing manager for dairy.
Lindt will launch its new coconut edition and souvenir collection lineups at the Summit of the Americas Duty Free and Travel Retail show. The products will expand Lindt's presence in the North American travel retail channel.
Jerky has made an unlikely journey from being a convenience store snack to restaurant bite, thanks to an increased demand for low-carb meals and the Paleo diet trend, writes Nancy Kruse. The Terrace Rooftop Bar in Chicago offers a Vietnamese Papaya Salad topped with house-cured hanger steak jerky, and Roister, also in Chicago, boasts a Jerk Jerky dish on its menu.
The Culinary Vision Panel's Mindful Dining Initiative has released a new report that finds 67% of millennials are willing to pay more for grab-and-go products that are produced in an ethical manner, while 60% believe organic foods taste better. The survey also indicates that 82% of millennial shoppers would like companies to use more environmentally friendly business practices.
After debuting in 2009, Bai shared shopper data with Amazon to grow awareness via a targeted marketing campaign. "They saw their sales skyrocket and they eventually became the number-one best seller in a number of different categories including flavored water," said Amazon's Tamir Bar-Haim.
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