CHICAGO โ Unique flavor twists and clever co-branding are attributes of successful product launches, according to market researcher Mintel.
Limited-edition offerings from Mondelez International, The Hershey Co. and PepsiCo, Inc. were highlighted during a presentation at IFT FIRST, the Institute of Food Technologistsโ annual meeting held July 16-19 in Chicago.
Recent introductions that ranked high in purchase intent and uniqueness, according to Mintelโs proprietary purchase intelligence data, were most likely from โleading national brands or possibly private label,โ said Lynn Dornblaser, director of innovation and insight.
โWhat that means is they were brands that consumers knew, and thatโs important,โ she said. โItโs that whole idea of brand trust.โ
An example is the Most Oreo Oreo sandwich cookie, which debuted earlier this year and has two chocolate wafers and a double-stuffed, cookies-and-crรจme filling, tapping into consumer demand for novelty and indulgence.
โOf consumers who eat cookies, 44% say that theyโre doing it more often than they were last year because of new flavor availability, new flavors they enjoy,โ said Melanie Zanoza Bartelme, associate director of Mintel Food & Drink. โThis really does drive engagement within that category.โ
Last spring, Hershey introduced the Kit Kat Blueberry Muffin candy bar, which had the brandโs signature crisp wafers coated in a blueberry muffin crรจme.
โWe see that consumers like familiar flavors,โ Ms. Dornblaser said. โThat helps them decide if they are going to buy something, but also that familiar brand helps them decide if theyโre going to buy something. So itโs finding the right blend of the brand and that unusual flavor.โ
Like Oreo, Kit Kat has released numerous new flavors globally and in the United States, including its latest churro addition.
โKeep an eye on Kit Kat flavors in other parts of the world,โ Ms. Dornblaser said. โSometimes they bring them to the US, but they always can serve as inspiration for development in the US.โ
Another limited-time launch from a brand famous for flavor experimentation is Layโs BLT Sandwich potato chips, evoking the taste of bacon, lettuce and tomato.
โWhat is interesting is that consumers who say they are going to purchase this, some of them are saying the fact that itโs a BLT is something thatโs drawing them in because they already like BLTs, they know what the flavor is going to be, they are interested in what that could feel like in a chip, and they trust the brand,โ Ms. Bartelme said.
The product previously appeared on shelves just over a decade ago and was reformulated prior to its recent comeback, Ms. Bartelme said, noting the earlier iteration was โa bit lettuce-y.โ
โTo me, the lesson is, for anyone at a CPG company, go back to your failed product vault,โ Ms. Dornblaser said. โEvery company has one. And take a look at some of those concepts that didnโt make it because they might be relevant for today.โ
Also resonating with consumers are established brands crossing into new product applications, such as the slew of spreads, seasonings and snacks inspired by Cinnamon Toast Crunch cereal.
โThis is something that is very much rooted in that familiarity and that nostalgia of childhood, which makes it a very powerful expansion within this flavor and brand family,โ Ms. Bartelme said.
She also shared an example of a licensed offering manufactured by Morris National featuring bite-size milk chocolate cups with a Jell-O pudding-like filling, noting โconsumers are looking for those things that remind them of their childhoods, especially during these anxious times.โ
Ms. Dornblaser added, โThereโs a lot of power in old brands, in reviving old brands in new and different ways.โ