Blog Category
The "Reporter" keeps you up to date with Lehi Valley news, tips and related industry news. You'll get an email each quarter letting you know of new content, but you can easily find past articles and information here.
Global Extruded Snacks Valued at $50 Billion in 2016
Research and Markets February 2017 report indicates that the “global extruded snacks market reached a value of around US $50 Billion in 2016, growing at a CAGR of around 3% during 2009-2016! Extruded snacks are made by forcing a grain flour mixture through a die at high pressure which expands and shapes the product
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Food Gifting on the Rise
U.S. food gifting sales were a $21 billion industry in 2014 and were projected to increase an additional 5% in both 2015 and 2016. According to Packaged Facts’ report Food Gifting in the U.S., 4th Edition, 42% of U.S. Adults have purchased at least one specialty food gift in the last year. Some key demographic information the study…
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Consumers Relieve Stress with Salty Snacks
A new Mintel survey indicates the number of consumers who turn to salty snacks to relieve stress has increased from 16% in 2015 to 62% in 2016! With more Americans snacking more frequently, the way to get them to purchase your product is most influenced by new flavors (38%), spicy flavors (30%), and seasonal or limited edition flavors…
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Popcorn Bridges the Healthy-Indulgent Snack Gap
Snacking trends continue to move toward more healthy options, but studies continue to show consumers seeking less healthy and more indulgent snacks as well. Snack options like popcorn allow consumers to choose a better-for-you option while still getting a salty or sweet treat. For example, Food Business News states, “Thirty per cent of Americans claimed to typically…
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Millennials Love Private Label Brands
In February of 2015, market intelligence agency Mintel released a report entitled “Private Label Foods: What’s Driving Purchase?” that showed brand trust, improved quality of products and product innovation as top reasons why shoppers of all ages are choosing private label brands over national brands when shopping. But what’s interesting to note is that Millennials – the generation…
Read MoreShoppers Spend More on Food After the New Year
It’s no secret that shoppers start buying more healthy food after the New Year. After all, they’ve made New Year’s Resolutions and intend to keep them – with a healthy diet being one of the most common resolutions. But a study published by PLOS ONE found that households spent about 25% more on food after the New Year…
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Top Purchased Holiday Snack: Candy
According to The NPD Group’s SnackTrack® Holidays Christmas Profile, candy is the top purchased snack during the holidays. With candy being purchased by 50% of holiday celebrants, and 22% of those purchases intended as a gift, it’s important to have the proper selection on hand during the holidays, especially chocolate!
Read MoreSnacks Replacing Meals?
Did you know the practice of eating three meals a day dates back to ancient Greece, but snacking only dates back about 100 years? Despite its late entry to the eating game, snacking has taken our world by storm and is only going to keep growing. In fact, a recent Wall Street Journal article entitled “Forget Dinner.
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