Go Raw products are passionately handcrafted using only a few, simple, organic ingredients and are minimally processed to deliver the nutrition, protein, and energy you need to fuel your day. Last week, the food and beverage giant has announced its acquisition of a San Francisco-based startup brand called Bare Foods, maker of baked fruit and vegetable snacks for $200M. The transaction will expand the company’s snacking portfolio and further deliver on its Performance with Purpose vision to offer consumers more positive nutrition options. ... (NASDAQ:BARE) following its acquisition by Japanese peer Shiseido (TYO:4911). PepsiCo will be looking forward to providing some healthy and tasty snacks for the consumers. PepsiCo will be looking forward to providing some healthy and tasty snacks for the consumers. Pepsi announced the deal to acquire Bare Snacks in May. The acquisition of Bare Snacks will allow PepsiCo to diversify its product offering as well as have a positive impact on the Organic Snacks Market globally. Manufacturer of baked crunchy fruit and vegetable chips intended to provide snacks made from simple ingredients. Bare Snacks, which started its operations in 2001 as a family-owned business, makes organic snacks with real fruits and veggies which are gluten-free. They suit everyone who wants to give their taste buds a real treat. Filter +. The acquisition is the latest by a U.S. food major looking to tap into rising demand from health conscious consumers for snacks that have low salt content and are less processed. Bare Snacks was founded in 2001 by a family-owned organic apple farm in Washington, that began selling packaged baked apple chips in local farmers’ markets. SodaStream, Pepsi's most recently announced acquisition, builds on the company's pledge to introduce healthier snacks… By continuing to browse the site you are agreeing to our use of cookies in accordance with our. Pepsi acquires Bare Snacks, expands better-for-you portfolio 28 May 2018 --- PepsiCo, Inc. has entered into a definitive agreement to acquire Bare Foods Co. (doing business as Bare Snacks), a US-based maker of baked fruit and vegetable snacks. Bare Snacks General Information Description. Global Fruit Snacks Market size was worth over USD 4.66 billion in 2018 and is projected to witness more than 8.4% CAGR from 2019 to 2025.. Get more details on this report - Request Free Sample PDF Growth of fruit snacks market is primarily attributed to shifting consumer preference for convenient and healthy on-the-go snacking options. Company profile page for Bare Foods Co including stock price, company news, press releases, executives, board members, and contact information Bare Snacks, a maker of baked fruit and vegetable snacks. The average price target, $2.17, implies an impressive 417% upside for the coming year. Share. The company's chips are baked, gluten free, non GMO, with no preservatives or anything artificial, enabling consumers to get simple and healthy snack … US-based food and beverage company PepsiCo has signed an agreement to acquire baked fruit and vegetable snacks manufacturer Bare Foods, which is doing business as Bare Snacks, for an undisclosed price. Umesh 29th May 2018. Rhythm is the leading manufacturer of kale chips and also makes beet chips. THE SunRice Group has entered into a securities purchase agreement to acquire 100 per cent of KJ&Co Brands, an importer of branded food products across multiple categories in the Australian retail market, through its Riviana Foods subsidiary. She likened the deal to Pepsi’s acquisition of Bare Foods in May 2018, which closed after 45 days for an undisclosed amount. com.insightguru.giraffe.server.utils.PresentationUtil$PresentationTitle@4e63449. We all know life can be full of trade-offs; taste for nutrition or quality for convenience. Founded in 2001, San Francisco-based Bare Snacks offers a portfolio of apple chips, banana chips, coconut chips and recently added beet chips, carrot chips and sweet potato chips. Upon closing, BFY Brands will report into PepsiCo's Frito-Lay North America division. Account & Lists Account Returns & Orders. Design, CMS, Hosting & Web Development :: Subscribe to Food Business News' free newsletters to stay up to date about the latest food and beverage news. PepsiCo to acquire PopCorners snacks maker, PepsiCo to expand in online snacks in China, PepsiCo to acquire Muscle Milk maker from Hormel Foods, PepsiCo to acquire SodaStream International, Closed Argentinian ports help support wheat, soy, corn futures, Slideshow: General Mills unveils 16 new cereals, Mondelez sees pastry, bars businesses as takeover targets. The products are made from simple ingredients that are baked (not fried) and are officially non-GMO verified. Bare Snacks® Announces NEW Apple-Themed Beachside Orchard Pop-Up Coming to Los Angeles SAN FRANCISCO--(BUSINESS WIRE)--The best of both worlds is coming to Los Angeles, as beachgoers can soon go apple picking and jump in a pile of autumn leaves without ever … The company began selling baked apple chips at … All Snacks. SunRice Group is to pay $50 million for a diverse range of bread, pastry and dessert product lines in the KJ&Co Brands portfolio. “For nearly a dozen years, PepsiCo has been committed to Performance with Purpose, our vision of making more nutritious products, while also reducing added sugars, salt and saturated fat,” said Indra Nooyi, chairman and chief executive officer of PepsiCo. The addition of Bare Snacks expands PepsiCo’s nutritious snacking options. Bare Snacks’ no-sugar-added fruit chips are now carried in Whole Foods Market, Sprouts, Safeway, HEB, Wegmans, and Publix as well as in Target and Costco and on Amazon. Barebells launched in 2016 and offers a tasty range of snacks and alternatives to breakfast and desserts – without compromising on flavor. PepsiCo (NYSE:PEP) announced that it has entered into an agreement to acquire Bare Foods Co., maker of baked fruit and vegetable snacks. See insights on Bare Snacks including office locations, competitors, revenue, … Barebells protein bars are rich in protein with 20 grams of protein, no added sugar, without palm oil and only 200 calories. PepsiCo Inc. said Friday it is buying Bare Foods Co., a maker of fruit and vegetable snacks, as the global food and beverage company looks to expand its offerings of healthier fare. Bare Snacks – best known for its apple, banana and coconut chips – has expanded into the veggie snacking arena with a new line of carrot, beet, and sweet potato chips. Currently, PepsiCo has 22 different brands under its portfolio which include brands like Tropicana, Gatorade, and Quaker. Related News Bare Snacks®, creator of delicious Snacks Gone Simple®, today announced it is bringing autumnal sights and activities to the beach with an experiential apple-themed pop-up in Venice, Calif. this September. A new Euromonitor report showed the US vegetable, pulse and bread chips are expected to post value CAGR of 3% at constant 2017 prices over the next five years, reaching $1.1bn, while fruit snacks are expected grow 1.3% in sales value year-over-year, reaching $2.48bn by 2022. For three days only, this vibrant, educational, and immersive event will. Hello Select your address All. Amplify Snack Brands is a growing family of brands dedicated to sharing our simple, tastier idea of what good snacks should be. The transaction will expand the company's snacking portfolio and further deliver on its Performance with Purpose vision to offer consumers more positive nutrition options. The move by PepsiCo will expand their food range and will continue to offer consumers with healthy nutrition options. Industry Trends. Home / Portfolio News / Bare Foods / {New York Times} PepsiCo to Acquire the Fruit and Veggie Snack Maker Bare Foods October 10, 2018 Bare Foods 0 Comment For PepsiCo, the purchase of Bare Foods is its latest effort to diversify its food and beverage portfolio and move toward the more natural, less-processed foods that are now in favor by increasingly health-conscious consumers. Upon closing, the company will continue to run the business from San Francisco under Frito Lay, the North American division of PepsiCo. In 2018, the company bought baked fruit snack maker Bare Snacks and also purchased Health Warrior, which makes plant-based and protein-dense bars, mixes and snacks. This acquisition … Rhythm's organic, non-gmo, gluten free, vegan and vegetarian snacks are high in nutrients such as fiber, protein, and vitamins. PepsiCo, Inc. has announced it has entered into a definitive agreement to acquire Bare Foods Co. 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