Consumers’ health
is front and center for those who churn out the food products that will
line supermarket shelves in the next year. At Campbell’s, organic and
all natural are the buzzwords as the company prepares to launch a
variety of soups using USDA-certified organic ingredients and
shelf-stable fruit and vegetable juices with no added sugar or
artificial ingredients. At the 2015 Consumer Analyst Group of NY
conference this week, many of the major food industry representatives
echoed the health theme. Executives from Mondelez, for example, spoke
about their recent acquisition of healthy lifestyle brand Enjoy Life
Foods (which includes products for consumers who have allergies or want
gluten-free and non-GMO fare), citing 30% growth of the US allergen-free
segment. General Mills GIS +0.69%
execs are betting on gluten-free, too: They cite the category as a
bright spot with an estimated $8.8 billion in US retail sales in 2014
with predicted growth of $10.6 billion in 2015. The company is launching
varieties of gluten-free Cheerios this July. Read More...
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