I think more people think that Android N will have Nutella as its new name. But, recently Android announced that the official name for Android N is Android Nougat.
— Android (@Android) June 30, 2016
Wait, Nougat? I personally not familar with this. According to Wikipedia:
Nougat is a family of confections made with sugar or honey, roasted nuts (almonds, walnuts, pistachios, hazelnuts, and macadamia nuts are common), whipped egg whites, and sometimes chopped candied fruit. The consistency of nougat is chewy, and it is used in a variety of candy bars and chocolates. The word nougat comes from Occitan pan nogat (pronounced [ˈpa nuˈɣat]), seemingly from Latin panis nucatus ‘nut bread’ (the late colloquial Latin adjective nucatum means ‘nutted’ or ‘nutty’).
And, here’s a picture.
Image source: http://toetenzo.nl/?p=315