The Indian packaged food industry is forecast to see average annual growth of up to 20% that will see it double in value to reach US$30bn by 2015, according to a leading trade body in the country.
Kraft Foods is off to a solid start to 2012 in its first quarter (Q1) results driven by sales growth in global biscuits and chocolate and strong performance in emerging markets.
Canada Bread and its parent company Maple Leaf Foods were both harmed by weak fresh bakery volumes in the first quarter (Q1), negatively impacting companies' profits.
China’s Bright Food has snapped up 60% of Weetabix for £1.2bn (US$1.95bn) but industry analysts say the breakfast cereal concept will flop in China and have coined the move as a mere knowledge buyout.
Ecolab’s year-on-year income almost halved in the first three months of 2012 after the firm revealed integration and restructuring costs following the acquisition of Nalco last year reached more than US$41m.
A probiotic coating added to the surface of bread through microcapsules can produce functional bread with similar characteristics to common bread, according to a study.
An African-financed, FAO directed trust fund will provide resources needed to drive sustainable food production across the continent and the oil sector will play a crucial role, according to FAO’s director-general.
A lack of urgency by the European Commission is partly responsible for the slower than expected uptake of active and intelligent packaging (AIP) and Brussels should introduce a raft of measures, including tax breaks, to speed up adoption of the technology...
Research institute Campden BRI has incorporated a continuous sheeting process into its bakery to enable it to analyse different formulations and processing regimes.
GEA’s strategy to expand its sterile and aseptic offerings has been given a boost after it confirmed the completion of the acquisition of Swiss valve specialists Aseptomag.
Europe’s food and drink industry has tipped its decade-long downward export balance; a shift defined by strong export figures underpinned by emerging market demands, according to FoodDrinkEurope.
Trendy parents-to-be could open a new niche market for British bakers by commissioning cakes for so-called gender reveal parties, held to reveal the sex of their unborn baby to family and friends.
A recent study that found no bio-based plastics are fully sustainable contained significant inaccuracies and was based on out of date information, according to the leading manufacturer of one of the materials covered in the research.
BakeryAndSnacks.com looks back at some of the developments in functional bakery and snacks in the year so far giving manufacturers ideas for innovative new formulations.
DS Smith has forecast its proposed €1.7bn takeover of SCA Packaging will double its annual revenues to more than €4bn (£2.2bn) and hailed the smooth progress of the deal.
Research led by the controversial Italian scientist, Dr Morando Soffriti, linking the artificial sweeteners sucralose and aspartame to cancer, was presented today at the Children with Cancer science conference in London; a move industry is damning “irresponsible”.
Huhtamaki declared that demand for packaging held up well in the first three months of 2012 as both sales and operating profits climbed year-on-year thanks mainly to stronger performance in North America.
International Paper has announced they will close four container plants due to the firm’s merger with Temple-Inland creating ‘overcapacity within the system’.
Rumours have been circulating in the media that China’s state-owned Bright Food will snap up British cereal maker Weetabix in an alleged 1bn deal; rumours the Chinese giant has denied.
Ingredients supplier CSM has suffered a 23% fall in profits in its first quarter (Q1) results driven by weaker demand in artisanal bakery in Europe, which could force job losses.
The UK Packaging and Film Association (PAFA) has warned suppliers ‘not to be surprised’ if plastic prices have risen due to the economic climate and a lack of recycled supply.
Chinese company Bright Food is reportedly in talks with Lion Capital to acquire British cereal maker Weetabix and could make its first mark on Europe, according to an analyst.
Max India has refused to comment over speculation that it is looking to sell-off its bi-axially oriented polypropylene (BOPP) film division to an overseas buyer.
Emerging food quality method Process Analytic Technology (PAT) is gradually gaining traction in the food industry after being launched in the pharmaceutical sector eight years ago, Soenke Rosemann of Sartorius told FoodProductionDaily.com at Anuga FoodTec...
Cereal giant Kellogg has lowered its financial guidance for 2012 as declining European sales led it to perform below expectations in its first quarter (Q1) results.
Sonoco said first quarter net income dropped almost $15m (€11.4m) year-on-year, and added that it was facing an ‘uncertain’ time with customer orders due to the economic climate.
The exclusive fresh produce supplier for supermarket giant Asda has installed a number of pallet-lifts that ‘ticks all the boxes’ in solving food processing problems.
Chocolate manufacturers will face a serious cocoa supply shortage unless they work to improve the livelihoods of cocoa farmers and allow them to invest in sustainable production, according to an academic.
Packaging has a key role to play in helping meat develop from a commodity product into something more sophisticated, said Andrew Streeter of Pack-Track Datamonitor.
India’s emerging and evolving food contact material (FCM) regulatory regime represents an important step forward for the nation as it emerges as a significant global exporter of food and packaging, said legal experts Keller and Heckman.
The Panera Bread Company has appointed Thomas Patrick Kelly as its interim chief financial officer (CFO) following the departure of former finance chief Jeff Kip.
A US company has developed a food packaging technology that dissolves when exposed to water and said it is ready for commercial roll-out as soon as individual customers’ needs are satisfied.
Ecolab have announced their president, who joined the firm as part of the Nalco merger last year, is leaving to become chief executive officer for chemicals company, Univar.
The packaging industry must properly embrace active and intelligent packing or face the prospect of going out of business in the next decade, declared the head of a new trade body dedicated to the technology.
A UK-based packaging company have created a film that they claim can extend fruit and vegetable shelf-life by ‘two to five days’ and are taking commercial enquiries from UK and Europe.
Food and beverage plastic packaging did not suffer as much as other sectors during the recession, according to estimates published from PlasticsEurope.
Market Expansion Services group DKSH has opened a new innovation centre for confectionery and bakery ingredients in Taiwan to cater to the unique flavour preferences in the country.
US private label firm Glister-Mary Lee has been fined $231,000 by the US Department of Labor’s Occupational Safety and Health Administration (OSHA) for six safety violations following an explosion at a past manufacturing site.
Successful use of high pressure processing technology (HPP) is less about the machine and more about a product’s passage to market, Avure’s Glenn Hewson told FoodProductionDaily.com at Anuga FoodTec.
A new offset printing press will ‘provide market changing products that customers have been waiting for’, said the president of a US packaging and label producer.
