Joseph Zeppilli, Co-Founder of Bad Monkey Popcorn, talks about the company’s journey toward creating viable compostable packaging for one of the world’s most popular snack foods.
The women and minority-founded family brand offer nostalgic snacks reimagined
with heirloom corn to create modern, better-for-you, sustainable favorites.
Snacking is an American pastime. Mintel's Snacking Motivations and Attitude study have the proof stating, “Snacks account for 51% of all food sales, and 92% of adults in the United States have snacked within the last 24 hours.”
Consumers push the trends in this market, which include flavor diversity, health and wellness appeal, convenience/resealability and clean label. There are opportunities for manufacturers, such as sustainable processes and increased productivity levels, to keep up with demand.
The global savory snack food market was worth $94.3 billion in 2015 and is expected to grow to $220 billion by 2025, according to the 2018 Assessment of the Snack Foods Market report produced by PMMI. North America is the second largest market, accounting for 33 percent of market value.