Snack

Global Corn Starch Market Analysis and Competitive Landscape Report 2024-2032 Featuring Cargill, Ingredion, ADM, Tate & Lyle, Associated British Foods, Tereos, Sudzucker, & Global Bio-Chem Technology - ResearchAndMarkets.com

Retrieved on: 
Friday, April 26, 2024
Agriculture, Natural Resources, Textile, Snack, Milk, GMO, Traction, Soy milk, Ingredion, Urbanization, Plant, Excipient, GFCO, Starch, Novozymes, Food, Fructose, Plastic, CO2, Growth, Plastics industry, Flour

The "Global Corn Starch Market Report by Type, Form, End-Use, Region and Company Analysis 2024-2032" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Corn Starch Market Report by Type, Form, End-Use, Region and Company Analysis 2024-2032" report has been added to ResearchAndMarkets.com's offering.
  • The growing demand for sweeteners derived from corn starch includes generating high fructose corn syrup, broadly used in liquids, baked goods, and confectionery.
  • Diversifying into new applications involves exploring alternative uses for corn starch, including producing biodegradable plastics as environmentally pleasant substitutes for traditional plastics.
  • These merchandises include Nutrofeli ST100, a native maize starch; Nutrofeli ST200, a partially pre-gelatinized maize starch; and Nutrofeli ST300, a fully gelatinized maize starch.

Indiva Reports Fiscal Year 2023 Results Including Record Positive EBITDA and Income From Operations

Retrieved on: 
Thursday, April 25, 2024
Cannabis, Retail, Other Consumer, Consumer, Other Retail, Natural Resources, Food, Beverage, Dark, Cream, Conversation, OCS, Pomegranate, International Financial Reporting Standards, SKU, Cannabinoid, Commitment, Limited, Supply, No Future, News, Stock, Health Canada, Lemonade, Financial statement, Result, Chocolate, Edible, Granny Smith, Consolidated, Ageing, CBN, Marotta, Blackberry, International, THC, Management, Research, Automation, EPS, Marketing, Snack, CBG, Sale, CBD, Patient, Analysis, Loss, Bank statement, Growth

"We are very pleased with our performance in the fourth quarter and fiscal year 2023, generating record net revenue, improved gross margins as well as record positive EBITDA and income from operations.

Key Points: 
  • "We are very pleased with our performance in the fourth quarter and fiscal year 2023, generating record net revenue, improved gross margins as well as record positive EBITDA and income from operations.
  • 35% of net revenue in Q4 2023 was derived from brands created and owned by Indiva including Indiva 1432 chocolate, Indiva Blips, Indiva Doppio Sandwich Cookies, and No Future gummies and vapes, up from 20% of net revenue in Q1 2023.
  • Gross revenue in Q4 2023 was a record $12.6 million, representing a 15.5% sequential increase from Q3 2023, and a 21.9% increase year-over-year from Q4 2022.
  • EBITDA was a record positive $1.6 million, or 4.2% of net revenue in 2023 versus a loss of $4.8 million in 2022.

Graceland Announces All-American Weekend This July

Retrieved on: 
Thursday, April 25, 2024
Lodging, Music, Destinations, Vacation, Travel, Other Consumer, Events, Concerts, Entertainment, Celebrity, Tourist Attractions, Consumer, Diamond, Town square, Snack, Sale, Radio, G.I. Blues, Collection, Cote, BBQ, Dance, AAA, Archive, Ensemble, Admission, Multimedia, Drink, Museum, Southern United States

Elvis Presley’s Graceland ® will be lit in red, white and blue as it celebrates the nation’s independence during its “ All-American Weekend ” on July 4-6, 2024.

Key Points: 
  • Elvis Presley’s Graceland ® will be lit in red, white and blue as it celebrates the nation’s independence during its “ All-American Weekend ” on July 4-6, 2024.
  • The weekend will include a Memphis Music Salute, an Elvis tribute concert, a gospel brunch, special “hidden” tours of Graceland, and an Elvis-themed party with fireworks set to Elvis music.
  • View the full release here: https://www.businesswire.com/news/home/20240425401921/en/
    Individual tickets and various packages are available, including the All-American Weekend Hotel Packages at the AAA-rated Four Diamond Guest House at Graceland resort hotel.
  • Tickets are now on sale for Graceland’s All-American Weekend, including weekend hotel packages and individual tickets, at Graceland.com .

DoorDash and Walgreens Launch Unprecedented Access for SNAP Customers

Retrieved on: 
Wednesday, April 24, 2024
Software, Professional Services, Fintech, Data Management, Payments, Convenience Store, Apps, Applications, Technology, Food, Beverage, Delivery Services, Retail, Finance, Snack, SNAP, Milk, DSP, Partnership, Transport, Restaurant, SVP, Multimedia, Nut, WBA, Food delivery

DoorDash is the first platform that enables SNAP customers to make purchases directly from Walgreens using their SNAP/EBT cards.

Key Points: 
  • DoorDash is the first platform that enables SNAP customers to make purchases directly from Walgreens using their SNAP/EBT cards.
  • In addition, DoorDash is the first third-party delivery service provider (DSP) to offer SNAP/EBT as a payment option at a major drugstore nationwide.
  • View the full release here: https://www.businesswire.com/news/home/20240424416259/en/
    DoorDash and Walgreens Launch Unprecedented Access for SNAP Customers (Graphic: Business Wire)
    With the addition of Walgreens, DoorDash more than doubles the number of stores available for on-demand delivery with SNAP/EBT payments on DoorDash.
  • This collaboration with DoorDash allows shoppers across the nation to use SNAP/EBT at any Walgreens, regardless of where they live.

Levine Leichtman Capital Partners Sells Tropical Smoothie Cafe

Retrieved on: 
Wednesday, April 24, 2024
Professional Services, Retail, Restaurant, Bar, Finance, Asset Management, Food, Beverage, Snack, Sale, Smoothie, AUV, LLP, Tropical Smoothie Cafe, Salad, Partnership, Kirkland & Ellis, Lunch, Breakfast, Pleasure, BofA Securities, Growth

Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based private equity firm, announced today that it has entered into a definitive agreement to sell its portfolio company TSC Intermediate, Inc. (“Tropical Smoothie Cafe” or the “Company”) to private equity funds managed by Blackstone (“Blackstone”).

Key Points: 
  • Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based private equity firm, announced today that it has entered into a definitive agreement to sell its portfolio company TSC Intermediate, Inc. (“Tropical Smoothie Cafe” or the “Company”) to private equity funds managed by Blackstone (“Blackstone”).
  • Tropical Smoothie Cafe is a leading franchisor of fast casual restaurants built on a mission to Inspire Better® with more than 1,400 locations across 44 states.
  • Matthew Frankel, Managing Partner of LLCP, said, “Charles Watson and the Tropical Smoothie Cafe team have been terrific partners during a period of rapid growth with unit count nearly doubling since LLCP partnered with management to purchase the Company.
  • Tropical Smoothie Cafe has been a phenomenal investment for LLCP given the Company’s robust franchise development activity and exceptional same-store sales growth.

India Spice Market Analysis Report 2024-2032: Demand for Natural and Organic Spices is Growing, Spike in Consumer Product Sales through e-commerce - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 23, 2024
Food, Beverage, Retail, Snack, Enlargement, ASSOCHAM, City, Nielsen, FMCG, PwC, Gen, Condiment, Pulihora, Spice, Growth

The "India Spice Market Report by Product Types, Application, Form, and Company Analysis 2024-2032" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "India Spice Market Report by Product Types, Application, Form, and Company Analysis 2024-2032" report has been added to ResearchAndMarkets.com's offering.
  • The growing preference of purchasers for natural spices over artificial ones because of fitness awareness is a crucial boom driver in the India spice market.
  • The surge in e-commerce sales of consumer products in India substantially drives the spice market's growth.
  • Advanced food processing technologies include spices in diverse processed foods, like snacks, ready-to-consume foods, sauces, and condiments, amplifying the spice demand.

International Dairy Queen Hires New Research and Development Executive

Retrieved on: 
Tuesday, April 23, 2024
Retail, Restaurant, Bar, Other Retail, Food, Beverage, Snack, Food safety, Lead, University, International, Protein, EVP, Cargill, Dairy Queen, Research, IDQ, Cornell University, Chemistry, Friedrich, Multimedia, Drink, Growth, Management

International Dairy Queen, Inc. (IDQ) today announced Jane Friedrich joined the company as executive vice president, research and development, reporting to the president and CEO.

Key Points: 
  • International Dairy Queen, Inc. (IDQ) today announced Jane Friedrich joined the company as executive vice president, research and development, reporting to the president and CEO.
  • View the full release here: https://www.businesswire.com/news/home/20240423449772/en/
    Jane Friedrich, executive vice president, research and development at International Dairy Queen (Photo: Business Wire)
    “Our success is built upon developing and innovating new treat and hot food products that attract new customers and keep existing fans coming back for more,” said Troy Bader, president and CEO at International Dairy Queen.
  • “Jane’s decades of increasingly successful research and development experience paired with leadership in food safety and quality, position her well to lead and grow our global business to the next level.”
    “I am excited to join International Dairy Queen at a time when growth is a strategic business priority,” said Jane Friedrich, EVP, research and development at International Dairy Queen.
  • Friedrich is a published researcher, holds several patents, and serves as the executive chair of the Food Fortification Initiative executive management team.

ReposiTrak Adds 20 New Meat, Poultry and Meat Alternative Suppliers to Rapidly Expanding Food Traceability Network for FSMA 204 and Beyond

Retrieved on: 
Tuesday, April 23, 2024
Data Management, Retail, Technology, Logistics, Supply Chain Management, Transport, Software, Food, Beverage, FSMA, Snack, TRAK, Meat, CTE, Poultry, Software as a service, KDES-FM, RTN

ReposiTrak (NYSE:TRAK), the world’s largest food traceability and regulatory compliance network, leveraging its established inventory management and out-of-stock reduction SaaS platform, today announced the addition of 20 new meat, poultry and meat alternative suppliers to the ReposiTrak Traceability Network® (RTN).

Key Points: 
  • ReposiTrak (NYSE:TRAK), the world’s largest food traceability and regulatory compliance network, leveraging its established inventory management and out-of-stock reduction SaaS platform, today announced the addition of 20 new meat, poultry and meat alternative suppliers to the ReposiTrak Traceability Network® (RTN).
  • Among the new members are producers of cured and smoked meats, fresh and frozen poultry, fully cooked options, on-the-go meat snacks and plant-based meat alternatives.
  • Each supplier will use RTN to efficiently share traceability data with their retail and wholesale customers who now require FSMA 204-level traceability for more food categories than are included on the FDA’s Food Traceability List.
  • The ReposiTrak Traceability Network requires no additional hardware or software and the ReposiTrak team assists in making the connections needed under the new regulation.

Novelty Hill Capital Advises Firehook Bakery in Sale to Forward Consumer Partners

Retrieved on: 
Monday, April 22, 2024
Organic Food, Professional Services, Retail, Finance, Banking, Food, Beverage, Snack, Sale, Forward, Growth, Acquisition, L Catterton, Kodiak Cakes, Management

Novelty Hill Capital , a leading middle-market investment bank based in Seattle, Washington, is pleased to announce the recent sale of Firehook Bakery , a rapidly growing baking business specializing in artisanal baked goods, to Forward Consumer Partners , a private equity firm that invests in branded consumer businesses.

Key Points: 
  • Novelty Hill Capital , a leading middle-market investment bank based in Seattle, Washington, is pleased to announce the recent sale of Firehook Bakery , a rapidly growing baking business specializing in artisanal baked goods, to Forward Consumer Partners , a private equity firm that invests in branded consumer businesses.
  • Established in 1992 by founder Pierre Abushacra, Firehook began as a neighborhood bakery in Old Town Alexandria, Virginia, and has risen to become the U.S.’s premier artisanal cracker brand.
  • As part of the acquisition, Abushacra will retain a significant minority ownership stake and continue to serve on the Board of Directors for Firehook.
  • Abushacra reflected on the sale, saying: “Working with Novelty Hill Capital was critical in positioning Firehook for its next phase of growth.

U.S. Oat-based Snacks & Beverages Market 2024-2029, Featuring Key Vendors Bobo's, Danone, General Mills, Mondelez, The Quaker Oats Company, Nairn's Oatcakes, Oatly, Pacific Foods & Rude Health - ResearchAndMarkets.com

Retrieved on: 
Thursday, April 18, 2024
Food, Beverage, Retail, Shift, Online, USD, Copper, Snack, Iron, Risk, Mineral, Woman, Prevalence, Demand, Health, Zinc, Diabetes, Vitamin, Manganese, Habit, Female, Social media, Antioxidant, Perception, Drink, Growth, Vitamin E

Oats gained recognition for their nutritional benefits and versatility, making them popular for individuals seeking healthier and more balanced diets.

Key Points: 
  • Oats gained recognition for their nutritional benefits and versatility, making them popular for individuals seeking healthier and more balanced diets.
  • They are more beneficial than other plant-based products, as oatmeals are highly nutritious, reducing the risk of cardiac disorders and diabetes.
  • Oat-based snacks in the product segment have the largest market share of over 80% in the U.S. oat-based snacks & beverages market.
  • The female segment is seeing prominent growth and has the largest market share in the U.S. oat-based snacks & beverages market.