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Report: Gluten-Free Products Market to Top $6 Billion by 2019
The gluten-free products market is projected to reach $6.839 billion by 2019, according to a research report by MarketsandMarkets. Gluten-free products are slowly becoming a regular grocery item, and as large supermarkets and mass retailers focus more on the “free-from” products, sales of gluten-free products in health and natural food stores is increasing, the report said. It also points out that there are a variety of gluten-free products available in the market. The most important factor behind buying more gluten-free food products is that they are considered healthier than conventional products. Other important factors are growing retail presence and continual ... |
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60 Countries Represented at NY NOW
More than 400 international suppliers, representing 60 countries from around the world, will be among 2,800-plus exhibitors at the summer 2014 edition of NY NOW, the Market for Home + Lifestyle that runs Aug. 16-20 at New York’s Jacob K. Javits Convention Center and Passenger Ship Terminal Pier 94. “No other U.S. market offers the depth and breadth of global resources available at NY NOW,” said Christian Falkenberg, NY NOW director and senior vice president. “NY NOW allows buyers to ‘shop the world’ with international suppliers in all four NY NOW collections, as well as in Artisan Resource, which runs ... |
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AbesMarket Launches Natural Products Beta
Natural products online-only retailer AbesMarket.com has launched a beta program offering a selection of natural products for $2, including shipping, to spark product trial.“We are thrilled to provide a solution that will make natural simple,” Richard Demb, co-founder and CEO of AbesMarket, said in a statement. “We have partnered with many of our favorite brands, big and small, to make it easier than ever to try their products. We all understand that trying something new is sometimes a risk – maybe it won’t taste good, maybe my kids never touch it – at its core, we are removing that risk ... |
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Frozen Sweet Sales Decline, Gourmet Flavors and Indulgent Snacks Rise
While total retail sales of prepared cakes and pies grew 24 percent from 2009 to 2014, frozen and refrigerated cakes and pies was the only segment to decline (by 2.4 percent), as consumers focus on fresh flavors and view pies and cakes as an indulgent snack.In fact, according to new Mintel research, some 41 percent of consumers claim to eat prepared cakes and pies as a snack between meals, a higher percentage than many other occasions, including for a special occasion dessert (18 percent).In-store baked cakes and pies are driving the category with sales representing more than half of the ... |
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2014 sofi Award Winners Announced
The winners of the 2014 sofi Awards were announced at a red-carpet ceremony at the Summer Fancy Food Show in New York, with East Hampton Gourmet Food’s Lentil Rice Crispbread with Sesame and Pink Salt voted Outstanding New Product of the year.Acclaimed pastry chef Dominique Ansel – creator of the Cronut, a croissant-doughnut hybrid – presented the awards that are considered the top honor in the $88.3 billion specialty food industry. This year’s contest was the largest in its 42-year history, with specialty food makers submitting 2,737 products across all 32 awards categories. This spring, a national panel of specialty ... |
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International Housewares Association Connects Directly With Consumers
The International Housewares Association (IHA) will launch a new consumer engagement initiative, called Inspired Home, which is designed to directly market its members’ housewares products to consumers.Since its founding in 1938, the IHA has played a key role as a business-to-business organization connecting housewares companies and brands to retailers, primarily through its annual International Home + Housewares Show. While these efforts will continue to be a main focus for the organization, the IHA is adding a strategic program aimed at consumers.“Our goal is to elevate the housewares industry in the eyes of the consumer to drive product visibility and industry ... |
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TreeHouse Foods to Acquire Flagstone Foods for $860 Million
TreeHouse Foods Inc. has agreed to acquire Flagstone Foods – the leading provider of private-label healthy snacks, one of the fastest-growing on-trend categories in the food industry – for $860 million. Flagstone Foods is one of the largest manufacturers and distributors of private-label healthy snacks in North America, and holds the No. 1 private-label position in the trail mix and dried fruit categories. The company has approximately 1,365 employees and is headquartered in St. Paul, Minn., and operates two state-of-the-art facilities in Minneapolis and Roberson, N.C. Flagstone Foods reported sales of $697 million for the fiscal year ended Dec. 28, ... |
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Specialty Food Association Debuts Lifetime Achievement
In honor of those who have pioneered the way in the specialty food industry, the Specialty Food Association announced the debut of its Lifetime Achievement Awards.As defined by the association’s Lifetime Achievement Awards Committee, the purpose of the award is to “identify and celebrate the actions and special qualities of those persons widely recognized as having grown the industry, improved the association, inspired companies and nurtured individuals.”Working from a list of more than 100 individuals, the committee selected the following specialty food leaders as recipients of the inaugural Lifetime Achievement Award: Harold Anderson, Haddon House Food Products Inc., Medford, N.J.: ... |
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High Road Plans Move to Larger Ice Cream Plant
Atlanta-based craft ice cream company High Road is ramping up to a new level of growth as it rapidly expands its reach across the country, increasing its lines of production.The company has outgrown its original factory location and will be moving into a new 25,000-square-foot Atlanta facility in late summer, complete with a new visitor’s center, opening its doors to more locals and visitors for ice cream tours as well as the opportunities that can be met with increased production. High Road is constantly working on new product lines to add to its lineup of more than 100 flavors. The ... |
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The Cookware Co., OXO Enter Into Licensing Agreement
The Cookware Co., designer, developer and manufacturer of cookware products and known worldwide for its GreenPan, has entered into a strategic licensing agreement with the OXO brand of Helen of Troy Limited. OXO is best-known for its highly recognized, user-friendly kitchen tool and related products. The new relationship broadens The Cookware Co.’s platform for innovation and extends the OXO brand into a new strategic category.In August, The Cookware Co. will bring to market three collections of high-quality cookware bearing the OXO Good Grips brand name. The cookware adheres to the same product development philosophy that has made OXO one of ... |
