Snack World - May 2014 - (Page 38)
STATE OF THE INDUSTRY REPORT
Producing a
Protein Powerhouse
W
hen it comes to protein, meat snacks
and pork rinds provide a wallop, but
nuts still pack a powerful punch. Protein, linked with satiety
and weight management benefits, has
become an increasingly appealing
attribute to consumers, with 60% of men
and 67% of women
seeking the nutrient
in packaged food
products, according
to Mintel.
However, nuts
remain the lightweight champion
when it comes to
healthy snacking,
according to numerous studies. Next to
Top Snack Nut Brands
Brand
Dollar Sales
($mil)
Snack Nuts
Private Label
Planters
Wonderful
Blue Diamond
Emerald
Hampton Farms
Planters Nutrition
Young Pecan
Imperial Nuts
Frito-Lay
Dollar Sales
% Change
Unit Sales
(mil)
Unit Sales
% Change
3,726.9
1,173.7
879.4
552.4
367.7
115.3
54.3
52.9
41.5
30.3
18.2
3.7
9.4
5.0
0.8
15.6
-25.9
1.6
-30.4
121.5
-0.3
19.0
870.8
279.0
163.3
92.4
78.0
30.5
19.0
9.5
3.3
10.6
10.5
2.1
10.4
7.1
-10.4
2.9
-24.7
2.2
-29.6
171.9
2.9
17.3
Source: IRI
Total US - Multi Outlet
52 Weeks Ending March 23, 2014
Note: Many companies may have multiple brand listings in the IRI data.
BROUGHT TO YOU BY
HEAT & CONTROL, J.R. SHORT,
PRINTPACK, RUDOLPH FOODS
AND GE CAPITAL
38
Snack World
potato chips, nuts are the most-purchased snacks
by households within the last six months, according to Mintel in a January 2014 report on "Chips,
Popcorn, Nuts and Dips." Moreover, a 2014 report
by Chicago-based Technomic on snacking added
that 64% of consumers purchase traditional snack
nuts at least occasionally.
During the past five years, nuts combined with
trail mixes emerged as the fastest-growing snack
group, rising 53% to $6.3 billion in 2013. Chicagobased Mintel estimated that the two groups might
rise another 61% from 2013-18 to reach annual
sales of $10.1 billion.
Nuts are one of the original healthy lifestyle
snacks, despite their fat content, which encourages
consumption in moderation. Numerous studies
over decades show that eating nuts daily reduces
the risk of cancer, heart disease and respiratory
illnesses, according to Mintel. Moreover, nuts
not only provide a healthy dose of nutrition by
themselves, but they are also incorporated as a key
component into other snacks such as nutrition bars
May 2014
www.sfa.org
Volume
Sales
(mil lb)
687.9
228.0
182.8
67.3
49.0
13.3
32.1
5.9
6.7
5.1
1.8
Volume
Sales %
Change
2.8
9.1
10.3
-14.8
4.6
-41.6
8.6
-27.2
172.9
0.7
13.1
http://www.sfa.org
Table of Contents for the Digital Edition of Snack World - May 2014
Snack World - May 2014
Table of Contents
Letter from SFA - Chairman's Introduction
Supplier Insight - Building Relationships
2014 SFA Legislative Summit
State of the Industry - Bold New World
IRI charts include more robust data
State of the Industry - Simply Pure Enjoyment
State of the Industry - Going Cantina and Going Wild
The M(other) Lode of Invention
State of the Industry - Atop the Trends
State of the Industry - Bold Moves for a New Generation
State of the Industry - Producing a Protein Powerhouse
State of the Industry - Best of Both Worlds
Complex Seasonings Create New Markets
Where’s the Beef?
State of the Industry - All in the Family
State of the Industry - Hot and Sometimes Not
Chairman Profile - Small Town Atmosphere, Big-Time Value
SNAXPO Recap - President Bush Highlights SNAXPO 2014
Business Member Profile - Powerhouse Partnership
Associate Member Profile - Innovation Leads to Solutions
Products & Services
Ad Index
Snack World - May 2014
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