News & Analysis on the Bakery and Snacks Industries
Kellogg’s $2.7bn deal to acquire Procter & Gamble’s Pringles will significantly boost its global snacks presence and open existing products up to new markets, according to analysts.
An algae-based flour targeted at fat reduction in foods, the first product to emerge from a joint venture between French food ingredients giant Roquette and Californian microalgae expert Solazyme, has just been released onto the European market.
The acquisition of cleaning and hygiene services provider Diversey helped boost record Q4 2011 sales, packaging giant Sealed Air has announced.
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Branded snacks giant Frito-Lay and store-brand specialist Ralcorp have become embroiled in a legal battle over corn chips designed to scoop up salsa and dips.
Food giant Nestle has recorded modest growth in 2011 driven by strong performance in China and other emerging markets leading its CEO to say wealth potential is moving from West to East.
A new organic trade deal between the EU and the US will eliminate much of the costs for producers, particularly small and medium scale firms, looking to leverage both markets, claim trade groups.