Peanuts are a tasty and convenient snack, and new product introductions reflect our love of snacking. Snacks are consistently a top performer for new peanut product introductions and this category shows no signs of slowing down. In the past quarter, new product introductions in the snack category increased 46 percent compared to last year, according to Mintel. These newly launched and recently announced product introductions like peanut milk will also contribute to continued growth in snacks.
The natural foods space evolves and grows, and the peanut butter aisle is a perfect example. A generation ago, variety in this corridor was creamy, crunchy or the jar with alternating stripes of peanut butter and jelly. To find natural or flavored peanut butters back then, you would probably have to go to a small natural grocer or make it yourself at home. Now, there are dozens of varieties available from brands with simply peanuts and salt to exotic flavors like garam masala.
The natural foods space is still innovating and expanding and the newest and brightest players are on display at several trade shows during the year, including Natural Products Expo East, Fancy Food Show, the Food and Nutrition Conference and Expo. At these events thousands of brands are showcased and many further missions centered on health, wellness, community building and sustainability. These new products will end up on store shelves heading into the new year.
With every passing year, millennials continue to gain purchasing power in the retail sector. As a result, grocery stores are expanding and adapting what they offer to stay relevant with millennials. For many, an array of different product offerings is key to grabbing the attention of today’s shoppers. Thankfully for the peanut product category, this provides a major opportunity for growth.
From the soils of Wilcox County to Beyonce’s dinner plate, Oliver Farm’s green peanut oil has made huge strides from its humble beginnings. The creation of this new oil almost never happened though and it is due to life circumstances that it was even created in the first place.
I always love a challenge, especially when it comes to baking. My inspiration for this cake came from Smitten Kitchen’s Deb Perleman. I have made her Blood Orange Olive Oil Cake on several occasions - always to rave reviews. I wanted to take these peanut products and create a riff on the olive oil cake. The green peanut oil lends a slight earthy and vegetal note, but as you continue with subsequent bites the sweetness of the grapes, the nutty quality of the cake, and the crunch of the topping will excite your taste buds and make you want more!
Drop the bone broth-infused quinoa kale chips. Peanuts are here to help you try some of the latest food trends without going overboard. At the Winter Fancy Food Show, one of the largest gatherings for the specialty food market, there were a few trends that peanut lovers will definitely appreciate.
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