The early-stage businesses gaining traction on online grocery service.
Founded in 2015, Poppi’s line of low-sugar sodas is formulated with organic apple cider, vinegar, organic agave inulin and fruit juice.
The functional soda is available in flavors like strawberry lemon, raspberry rose, orange, ginger lime, watermelon, cherry limeade, cola, root beer and Doc Pop. The products are sold in more than 20,000 retail outlets nationwide. Over the past year, the company posted a 148% increase in overall revenue and a 250% increase in online sales. At the beginning of December, the company raised $25 million in new financing led by CAVO Consumer Partners.
Trü Frü, which recently was acquired by Mars, Inc., offers a range of frozen and shelf-stable products featuring fruit coated in chocolate.
The company debuted Trü Frü Frozen Fresh products at the 2022 Sweets & Snacks Expo, which feature fruit coated in chocolate that is then hyper-chilled at -300° Fahrenheit. Over the past five years, Trü Frü’s total sales have increased fivefold, according to the company.
Icelandic snack brand Good Good offers snacks and pantry staples with no added sugars, including jams, spreads, snack bars and sweeteners.
The better-for-you company brought its all-natural peanut butter spreads to the United States in August 2022. Both the creamy and crunchy peanut butter spreads are made using dietary fibers and chicory root and are 99% sugar free.
“We saw an amazing opportunity to innovate in the peanut butter space,” said Gardar Stefansson, chief executive officer at Good Good. “We use amazing American peanuts, which naturally contain a lower carb count, and infuse it with healthy fibers and oils to get the best peanut butter spread available without added sugar.”
Halo Top, which specializes in light ice cream, reformulated its dairy ice cream recipe and introduced it in a chocolate cake batter flavor.
The brand announced it revised its light ice cream formula to achieve a creamier texture in its frozen desserts, while maintaining the approach of producing ice creams that are lower in calories and sugar. The new chocolate cake batter ice cream, complete with colored sprinkles, has 330 calories per pint container. The revamped formula for the brand’s ice cream incorporates skim milk.
Maker of indulgent European treats Belgian Boys, added Brioche French toast to its line of crepes, pancakes and waffle products this year. The company also expanded with 2,000 additional points of distribution in the United States, bringing its total distribution number to more than 7,000 stores.
Liquid Death Mountain Water offers a selection of still and sparkling water packed in aluminum cans. Founded in 2017, the brand is now sold in 60,000 stores nationwide and the top-selling still water and second top-selling sparkling water on Amazon. In October 2022, the company closed a $70 million Series D funding round, which valued the business at $700 million.
Ripple Foods offers a range of dairy-free milks, protein shakes and frozen desserts made with protein from yellow peas. Produced using eco-conscious manufacturing practices, Ripple’s products contain half the sugar of dairy milk and 50% more calcium. They also offer more protein and stronger nutritional profiles than dairy alternatives made from almonds, cashews and oats, said Laura Flanagan, chief executive officer of the company in a September interview.
Catalina Snacks, Inc. is a maker of keto-friendly cereals and snacks, which are sold primarily under its Catalina Crunch brand. In July 2022, the company expanded its grab-and-go sandwich cookie line with vanilla crème and chocolate vanilla flavors.
Plant-based meat producer Impossible Foods has been bolstering its grocery line and expanding into full plant-based meal solutions.
The company launched a line of frozen entrees called Impossible Bowls. The single-serve bowls marked the first solely branded meal offering from the company, which partnered with consumer-packaged goods, meal kit and foodservice brands for meat-free versions of sausage ravioli, pizza, tacos and more.
Tattooed Chef offers pre-made and plant-based entrees in categories ranging from pasta dishes to burrito bowls. Over the past year, the company has been expanding its product distribution, including entering into an agreement with Walmart, Inc.
Kelp-based company Ocean’s Halo includes vegan fish sauce, stir-fry sauce, teriyaki sauce and spicy Korean barbecue sauce. The company’s portfolio also features broths and vegan noodle bowls.
Banza uses chickpea to launch its take on classic comfort foods, including pizza, pasta, rice and macaroni that has more protein and fiber and fewer net carbs. In February 2022, the company released chickpea-based cascatelli, which has sauce-holding crevices and a slightly rough texture.
Maker of premium hot and pasta sauces made with blends of truffles and spices Truff has expanded its portfolio over the past year.
The new products added to its portfolio include a spicy truffle ranch, in collaboration with Hidden Valley, a white truffle oil and truffle seasoning salt.
Gotham Greens added four plant-based dips, all of which are made with a base of cauliflower and chickpeas. The dips are available in green goddess, spinach artichoke, tzatziki and green harissa varieties.
Nov
2023
Trending flavors are driving condiment and sauce innovation.
Company highlights sweet treats joining its portfolio in 2024.