News & Analysis on the Bakery and Snacks Industries
Pepsi posted a second-quarter profit that topped analysts’ estimates, helped by strong sales of Frito-Lay and other salty snacks, which offset pressures as health conscious consumers shift away from colas.
Colpac has designed A ‘Big Night In’ packaging format to meet demand for on-the-go or ‘Generation Graze’.
Frozen bakery market
Grupo Bimbo’s recently acquired Columbian frozen baked food company, Panattiere, which, according to Global Market Insights, is an ‘evident’ sign that the frozen bakery market will experience high growth over the next six years.
M&A - Earnings results
Conagra’s acquisition of Pinnacle Foods will help expand its snacks and sweet treats portfolio in addition to making the company a frozen food category leader, CEO Sean Connolly has said.