Sweet Corner Bakeshop debuted Golden Nutella Hearts for Valentine's Day. Pictures and videos of the $45 heart-shaped chocolates painted with edible gold and filled with two pounds of Nutella proved popular with food influencers on social media.
The federal budget bill that was signed into law last week includes changes to the dairy section of the current farm bill, namely in the Margin Protection Program, which will help create a more secure safety net for dairy producers. "The enhancements to the Margin Protection Program, coupled with the expansion of additional risk management options, are coming at a crucial time for our producers," said Jim Mulhern, president of the National Milk Producers Federation.
With milk production on the rise thanks to strong demand for butter and cheese, the US is seeing a buildup of the whey that results from production of the products. Sara Dorland of Ceres Dairy Risk Management says that it is vital for the country to find a way to stimulate the market for the liquid, either in China, which is the world's largest importer of whey, or for use in livestock feed and infant formula.
Consumers consider food and beverage products with vibrant colors to be better tasting, sweeter and more attractive, according to a Sensient Colors study of more than 1,600 consumers. "Most notably, our research concluded consumer purchase intent grew as color vibrancy increased," said Sensient's David Gebhardt.
Nestle executives are pleased with recent portfolio adjustments such as the sale of the US confectionery unit, and the firm will continue to fine-tune its portfolio as it also boosts efficiency. "There is a need to innovate faster," said CEO Mark Schneider.
PepsiCo is intensifying its advertising focus this year for flagship brands such as Pepsi, Gatorade and Mountain Dew. The enhanced effort will include renewed attention to in-store marketing, where the firm's "big brands" will have better visibility along store perimeters and on shelves, said Chief Financial Officer Hugh Johnston.
Keurig Green Mountain's acquisition of Dr Pepper Snapple Group is expected to help drive Dr Pepper's strength in the online channel, where Keurig has a solid presence, said Howard Koval, vice president of market insight at 1010data. "Strong sales combined with high conversion indicate that Keurig is implementing the right advertising and pricing strategies online," which are expected to benefit Dr Pepper, Koval added.
Pink Food Industries CEO Stephen Sembuya created custom chocolate boxes for Valentine's Day this year. The Ugandan company allowed consumers to submit photos to be used in personalized boxes for its chocolate bars, which it makes using its own beans.
Barry Callebaut has teamed with FlavaNaturals to produce high-flavanol chocolate in the US, according to an announcement. The companies have developed FlavaBars, dark chocolate bars that boast five times the amount of cocoa flavanols of other dark chocolate bars.
Mondelez International has issued a recall for some Cadbury Caramilk bars due to the potential of "small, flexible pieces of food-grade plastic" within the bars. "Our analysis of the samples received to date has determined that this product does not appear to pose a serious health or food safety risk, but a recall has been initiated to prevent the risk of minor injury," said a Mondelez spokesman.