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From keto doughnuts to kelp, Mondelez aims to accelerate growth in well-being snacking

Dive Brief: SnackFutures, Mondelez International s innovation and venture hub, announced the first nine startups participating in its recently launched CoLab, a program for early-stage well-being snack brands, the CPG giant said. Each brand will participate in a 12-week curriculum and receive a $20,000 grant. The companies participating in the inaugural class include: Elite Sweets, a Keto doughnut brand run by founders who each lost more than 100 pounds; NuSkool low-sugar snacking platform; 12 Tides, a nutrient-dense snack made from kelp sourced from regenerative ocean farms; and the Better Bites Bakery allergen-free line, created by a founder whose son had life-threatening food allergies.    Big food companies, including PepsiCo, Danone, Chobani and General Mills, have started their own incubators to expedite their entrance into fast-growing trends in the food space such as better-for-you, natural, clean label, plant-based and functional.

Mondelēz emerges from pandemic stronger than ever , says CEO

Mondelēz emerges from pandemic stronger than ever , says CEO Mondelēz International is continuing to see healthy demand for its core snacking brands, proving that industry-wide sales spikes for packaged, shelf-stable products were more than just a COVID-inspired blip, said chairman and CEO Dirk Van De Put. We had a strong start to the year despite lapping our highest growth quarter in 2020 and Q1 reconfirmed that we are emerging from COVID even stronger, ​ said Van De Put on the company s Q1 2021 earnings call. The global snacking company increased net revenues by 7.9% for the quarter driven by organic net revenue growth of 3.8% across all international regions. In North America, net revenues were up 4.3% for the quarter, and organic net revenue growth declined 2.3%.

Mondelēz emerges from pandemic stronger than ever , says CEO

Mondelēz emerges from pandemic stronger than ever , says CEO Mondelēz International is continuing to see healthy demand for its core snacking brands, proving that industry-wide sales spikes for packaged, shelf-stable products were more than just a COVID-inspired blip, said chairman and CEO Dirk Van De Put. We had a strong start to the year despite lapping our highest growth quarter in 2020 and Q1 reconfirmed that we are emerging from COVID even stronger, ​ said Van De Put on the company s Q1 2021 earnings call. The global snacking company increased net revenues by 7.9% for the quarter driven by organic net revenue growth of 3.8% across all international regions. In North America, net revenues were up 4.3% for the quarter, and organic net revenue growth declined 2.3%.

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