Frozen Foods

The resulting companies will have distinct growth strategies within their respective core markets. Plus, the Board of Directors names a new Chairman and CEO to lead the spin off.

The Good Housekeeping Research Institute tested thousands of products for its third annual VIP Awards -- "Very Innovative Product" that is. Not surprisingly, the iPad made the annual list of 10, but the wildly popular tablet was joined by a few less obvious choices. Plus, find out which 1946 household staple took home the Hall of Fame award.

What recession? The majority of companies on this list reported revenue gains in 2009 as much as 49 percent in J.M. Smucker's case. After all, people have to eat!

With more than 17,000 new food products introduced to consumers annually, Philip Lempert, the "Supermarket Guru", says that 2010 "misses" include products from recognizable brands such as Starbuck's, Wrigley's, Minute Maid and Sun Tropics. Find out which companies had hits this year and which companies missed the mark.

The new meals offerfresh taste with new steaming innovation; fewer, simple ingredients; and new packaging.

Throughconsumer insights and open innovation, General Mills grew its internationalWanchai Ferry product line into a leader in the growing frozen meals categoryin the United States.

The new make-at-home smoothies feature all natural ingredients and 120 calories or less per serving.