Expansion Archives - FoodChain Magazine https://foodchainmagazine.com/news/tag/expansion/ Wed, 13 Nov 2024 14:55:12 +0000 en-GB hourly 1 https://wordpress.org/?v=6.7.1 https://foodchainmagazine.com/wp-content/uploads/sites/10/2022/10/fc-150x150.png Expansion Archives - FoodChain Magazine https://foodchainmagazine.com/news/tag/expansion/ 32 32 Hershey Expands Confectionery Portfolio with Sour Strips Acquisition https://foodchainmagazine.com/news/hershey-expands-confectionery-portfolio-with-sour-strips-acquisition/ Wed, 13 Nov 2024 14:55:11 +0000 https://foodchainmagazine.com/?p=30792 The Hershey Company’s acquisition of Sour Strips signals a strategic expansion into the fast-growing sour candy market, which is projected to grow at a rate of 6% annually through 2028, according to industry data. Sour Strips has quickly become popular among younger consumers, especially Gen Z, for its intense flavors and bold branding.

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]]> The Hershey Company’s acquisition of Sour Strips signals a strategic expansion into the fast-growing sour candy market, which is projected to grow at a rate of 6% annually through 2028, according to industry data. Sour Strips has quickly become popular among younger consumers, especially Gen Z, for its intense flavors and bold branding. This acquisition is part of Hershey’s ongoing…

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