The companies plan to explore a variety of vertical integration opportunities and product portfolio enhancements over the next five years, along with introducing regenerative practices to Suja Life’s ingredient growers.
Demand for snacks continues to surge in all food categories. When you combine that with consumers’ ever-increasing desire for foods that are good for them, it adds up to a renaissance in fresh fruit and vegetable snacking options.
Demand for ¡Yo Quiero!’s new Avocado & Egg line has been “astonishing,” with strong positive reviews from consumers, retailers and social media influencers, the company said.
The report highlighted that 54% of consumers try to eat more plant-based snacks, with 66% believing in the idea that “plant-based snacks are better for the future of our planet.”
Smaller retailers may find it challenging to absorb the costs associated with compliance, potentially leading to consolidation in the industry or, in some cases, closures.
Compliance with FSMA Section 204 is not without its challenges, and businesses must allocate substantial resources to meet the regulatory requirements.