News & Analysis on the Bakery and Snacks Industries
Limagrain Céréales Ingrédients (LCI) has developed a fermented wheat flour that provides a targeted production of naturally occurring organic acids to lengthen the shelf life of baked goods, which bakers can confidently list as clean label.
Indra K. Nooyi is to end her tenure as PepsiCo CEO after more than a decade in the role, with Ramon Laguarta elected to succeed her.
Hygiena has acquired Biomedal’s Food Safety division, which specializes in gluten intolerance.
Market investment
PepsiCo will invest $159m to expand its Frito-Lay production site in Frankfort, Indiana, adding 50 new jobs.
On-the-go cereal
Cereal Partners Worldwide (CPW) has launched its first line of Breakfast To Go in the UK.
Kraft Heinz reported second quarter earnings that topped Wall Street’s forecasts amid persistent rumors of a Campbell Soup acquisition.