2012 R&D Survey: Exciting New Products – With a Side of Cost Control
'New product development' is still the top R&D priority, but processors are creating brand extensions, cleaning up current ingredient statements and keeping an eye on costs.
'New product development' is still the top R&D priority, but processors are creating brand extensions, cleaning up current ingredient statements and keeping an eye on costs.
As bakers and confectioners deal with low-calorie and gluten-free demands, suppliers suggest novel sweeteners and nuts.
Good looking and functional, too, pouches are taking on rigid packaging.
While science refutes the 4-MEI/caramel coloring-cancer connection, soda makers reformulate for California.
After two years of 20 percent increases, capital spending looks to be up only 4.1 percent this year.
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Cereal and the energy bar makers are drawing product innovation inspiration from each other these days, and the tactic seems to be working out well, reports Candy Industry. Food bar sales reached $5.7 billion in 2011, according to Food Bars in the U.S., a March Packaged Facts report, up from $5.3 billion in 2010.
My apologies to any other food industry trade shows out there. Other than, perhaps, the Grocery Aisle Bonanzas 'R Us show, the Candy and Snack Expo is hands-down my favorite trade show of the year. Where else can you find my two favorite food types – snacks and candy? Judging by recent reports on consumer trends, I'm not the only one with a hankering for snacks see Survey Reveals Consumer Snacking Behaviors.
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