Nestle India, a subsidiary of the Swiss giant, is set to enter the breakfast cereals market and take on competitors in the category there such as Kellogg’s and PepsiCo, according to newswires.
Packaging waste derived from snack goods like potato chip packets may provide manufacturers with versatile new ways to cut their environmental impacts by using the materials in bags, pencil cases and even building products, says one US-based group.
Further signs that snack makers are delving deeper into green packaging initiatives with US behemoth PepsiCo attesting that by 2010 its SunChips brand will boast a 100 per cent compostable bag made from plant-based materials.
The maker of Fritos, Doritos and Lay's crisps continues efforts to attract women consumers, unveiling a new redesign and package for its Frito-Lay Baked! product lines.
Industry continues to slice salt levels from formulations with Walkers crisps, part of PepsiCo, announcing they will cut salt levels across Walkers crisps, Baked and Sensations brands by 10 per cent in 2009.
Improving its green credentials, Walkers' crisps becomes the first company in the UK to retain a carbon reduction label, after cutting its carbon footprint by 7 per cent in two years.
PepsiCo and Strauss Group have completed their joint venture
partnership to operate fresh dips maker Sabra, a move that confirms
both companies' plans to extend their presence in the growing
healthy Mediterranean foods market.
Beverage and snack company PepsiCo last week posted a 10.3 per cent
increase in operating profit for the tax year ending 30 December
2007, but higher overall costs led to a slight decrease in
margins for the group.
Number one snack company PepsiCo yesterday said it has acquired
Bulgarian nuts and seeds firm Penelopa, targeting both the health
and wellness trend as well as the promising Eastern European
market.
Frito-lay, the snack arm of beverage group PepsiCo hopes to extend
its presence in the market for healthier snacks, announcing today a
new US-based joint venture with the Strauss Group.
PepsiCo today announced it will split its
operations into three separate units in a move to better
harness the growth of its snack and beverage businesses.
US snack giant Frito-Lay has become the latest manufacturer to
invest in healthier innovation with the launch of fruit and
vegetable-based crisps under the Flat Earth brand name.
Following a £15m (€22.2m) investment in research and development at
the company, UK crisp giant Walkers has launched a new 'healthier'
range to attract snack-loving consumers worried about their
waistlines.
One of the UK's leading crisp manufacturers, Walkers, has been
reprimanded by an advertising authority for 'misleading' adverts
detailing the reduced salt content in its crisp brands.
In a move to avoid a lawsuit, Frito Lay said it will change the
labeling on its 'Light' range of potato chips in order to make it
clearer that they contain the controversial fat substitute olestra.
Snack firm Frito Lay is to face a law suit for deceptively
marketing its 'Light' potato chip range in order to trick consumers
into believing the products do not contain the controversial fat
substitute olestra, said the...
PepsiCo's successful diversity and faster action on health has
taken it ahead of Coca-Cola in the market for the first time in 112
years, but don't be fooled into thinking Coca-Cola is dead wood.
PepsiCo has announced two acquisitions to bolster its snack food
portfolio: Sara Lee's European nut business and Stacy's Pita Chip
Co, the biggest pita chip maker in the US.
Leading Scottish shortbread manufacturer Walkers Shortbread last
week introduced its new whisky mince pies at the Anuga trade show
in Cologne. The company plans to launch the product in the UK for
the Christmas season.
Crisp and snack company Walkers is to open a new UK plant in
Skelmersdale. The plant will produce Walkers snack products and
will take over some of the production from the soon to close
Swansea factory, the company has said.
UK snack manufacturer Walkers is taking the lead in seasonal snack
product launches, with plans to introduce special products for the
Halloween and Christmas periods.
PepsiCo has become the latest company to bow to pressure on the
food industry from the rising tide of obesity, introducing
voluntary restrictions on its advertising to children, according to
an article in today's London-based...
The growth of PepsiCo's savoury snacks business helped the firm to
a solid earnings rise in 2004 and also raises new questions about
the damage healthy eating trends will inflict on the food
industry's snack giants, argues...
PepsiCo is now in a prime position to dominate the blossoming
European snacks market, especially the emerging eastern sector,
after US food maker General Mills pulled out of their 12-year-old
joint venture to pay off mounting debts,...
Soft drink and snack maker PepsiCo might not spring immediately to
mind when thinking about healthy food products, but the US company
clearly believes it has a role to play in this fast-growing market
- and has added a new logo to...
Frito-Lay, the snack food arm of giant US food and drink group
PepsiCo, was one of the main drivers of growth for the company last
year, not least as a result of various new product launches
designed to tap growing demand for low...
Graham Packaging is making its first entry into the salty snack
food market,supplying high-density polyethylene rigid canisters for
Frito-Lay's new Staxpotato crisps. The new Stax went into
nationwide distributon in the US inAugust...
The merger of PepsiCo with compatriot Quaker Oats gave a major
boost to operating profits at the giant snack food and soft drinks
group in 2002 - and the recent reorganisation of the international
business should lead to further gains...
