LET’S POPCORN to Enter India, Open 200 Stores
Kuwait Based LET’S POPCORN is the first gourmet popcorn brand in the Middle East. The brand will now enter India and in the next three years, they plan to open 200 stores along with Franchise India’s International Arm FranGlobal. The Indian Food & Beverage market is being driven by increased disposable income, demand for healthy snacking, eating out culture and a burgeoning younger population.
The brand comes with 65+ exclusive popcorn flavours that are air popped and have the highest quality ingredients. Each batch is filled with care and maximum nutritional value is retained. Customers can enjoy the popcorn in a cozy home-like ambiance. The gourmet popcorn business is expected to grow at 36% CAGR as popcorn is now viewed to be the hottest and the healthiest snack.
FranGlobal Launches Dipsidoo in India
Franchise India’s International Arm FranGlobal has launched Dipsidoo in India and aims to open 250 stores in the next 10 years. Dipsidoo is a popular Dessert Café brand in Canada that serves delectable cuisine like Super Milkshakes, Cloud Cones, Churros, Crepes, sundae, funnel cakes, smoothies, bubble waffle sticks pops accompanied with frozen yogurt. FranGlobal, which has the master franchise rights for the brand in India, has planned to open outlets just like in the three major store modes Sit in Large Store Model, Express Store, and Kiosk Model.
The company is banking on the positive evolution in Food and Beverage industry in India to provide them good business and expansion for their brand. The changing customer outlook has begun to view dessert as a hot and attractive snack. Indian restaurants have begun to provide a variety of global cuisines and customers are more willing to experiment with different cuisines because it is now easily accessible in the cities they live in. Consumers are spending as high as 51% of their income on food products and are opting for healthy choices at the supermarket as well. The foray of Indian restaurants into a variety of global cuisines is having a positive impact on the F&B sector.
FranCorp Launches ‘The Cheesecake Shop’ In India
FranCorp has launched‘The Cheesecake Shop’ in India and will open 5 outlets by 2019through Master & Regional Franchise model. The Cheesecake Shop is Australia’s most popular cake brand and FranGlobal has acquired representation rights for India. ‘The Cheesecake Shop’ serves rich cheesy and scrumptious sweet treats like American baked, Jamaican chocolate, strawberry sundae, Mississippi baked, marble baked, and traditional baked cakes with the hint of vanilla and Belgian chocolate and more.
Cakes have become very common sweet treats in India and are used as part of the celebration in almost every formal and informal occasion. The company will focus on creating a robust network of cake retail outlets across India. ‘The Cheesecake Shop’ is happy to enter the Indian market because in Australia too approximately half of the 200 Australian store franchisees are recent immigrants to Australia from India. They have received positive feedback from these franchisees about how attractive the Indian market is. They have also recently added a custom mix for an eggless cake as it is likely to have a massive potential in the Indian market.
Yumlane to Touch Rs.100 Crore in Sales by 2020
Yumlane is steadily making progress as a prominent seller of packaged food, specifically in the pizzas and momos categories. Yumlane, which is mostly present in supermarkets, sells products in about 300 modern trade outlets and through online distribution channels. Their ‘Heat and Eat’ Pizza brand is likely to touch Rs.100 crore in sales by 2020 as consumers have really liked the concept of ‘heat and eat pizzas’, the price point and packaging. Yumlane is currently present in four cities and has cumulatively reached 1,000 retail points across hypermarkets and urban stores. The brand partners with Food Bazaar, DMart, Godrej Nature’s Basket in Mumbai, Bangalore, Hyderabad, and Pune. In the next few years, they will expand to 40 cities and will target 10,000 stores. The brand has top sellers like Double Cheese Margarita and Peri Peri Paneer and plans to go into momos and dimsums. Yumlane has given people the choice of buying cooked foods, take them home and just heat them on a tawa, in a microwave or in an oven according to their convenience.
Dunkin’ Donuts to get New Brand Identity
Dunkin’ Donuts fans have always called the brand Dunkin’ and that was much before the introduction of its iconic tagline, America Runs on Dunkin’. In recognition of the fans’ preference for the name Dunkin’ has unveiled their new branding at its Global Franchisee Convention that officially recognizes its name as simply Dunkin’. The name Dunkin’ will retain the heritage pink and orange colours and iconic font, introduced in 1973. The change will officially take place in January 2019. The company has taken many steps to transform itself into the premier beverage-led, on-the-go brand and changing the name conveys the focus of the change.
As 2019 begins, the new branding will appear on packaging, as well as the company’s advertising, website and social channels. Going forward, the new Dunkin’ logo will also be featured on the exterior and interior signage on all new and remodeled stores. The new branding is part of the blueprint for growth to modernize the Dunkin’ experience for customers which include generation restaurants, menu innovation, on-the-go ordering and value offerings, all delivered at the speed of Dunkin’, great beverages, delicious food, and unparalleled convenience. They believe that their efforts to transform Dunkin’, while still embracing their incredible heritage, will keep the brand relevant for many generations.
PepsiCo India to Enable Collection and Recycling Infrastructure in Delhi
PepsiCo India has partnered with Gem Enviro Management to set up the infrastructure for collection and recycling of used PET plastic bottles in Delhi, in line with the plastic waste management rules. The company will support the implementation of a comprehensive program for the collection and recycling of used PET bottles, equivalent to its products sold in Delhi. The company feels that as a responsible leader in the F&B industry, they need to reduce the impact of their packaging on the environment with an increase in recycling of plastic waste.
They are partnering with Gem Enviro to set up Reverse Vending Machines, collection points and collection centres for used PET bottles at several locations across Delhi. The programme will also provide training to waste pickers and ensure effective recycling of the used PET bottles collected. PepsiCo also has ‘Our Performance with Purpose 2025’ goal where they intend to design all packaging to be recoverable or recyclable. Present they are piloting a 100% compostable, plant-based packaging for popular snack brands Lay’s and Kurkure and are also planning on the non-returnable glass for their beverages. The company has successfully piloted a ‘Film to Fuel’ project at their Pune plant to convert all the packaging film waste from the plant, into fuel, ensuring 100 pc recycling of packaging waste at the plant.