News & Analysis on the Bakery and Snacks Industries
Ingredion has announced it is investing $60m to grow its specialty food ingredients business in Asia-Pacific, beginning with the expansion of its modified and clean-label specialty starch capabilities in tapioca, waxy corn and rice.
Tokyo Pack 2018
European recycling technology and laws against single-use plastic have led to an increased awareness in Japan, particularly among the retail and food service industries, says JPI (Japan Packaging Institute).
The Japanese snacks company Calbee is introducing two new snack brands, Granola Medley and Honestly Veggie Popper Duos, to the US early next year, adding to its existing US portfolio of Harvest Snaps, shrimp and potato chips in the market.
Financial results
Conagra’s CEO Sean Connolly said the company sees ‘tremendous opportunity’ to continue pushing its $2bn snacks and sweet treats businesses after posting a sales gain in Q1, 2019.
Hovis Ltd has announced its intention to sell two flourmills and close a third as part of its three-year transformation plan, placing more than 100 jobs under threat.
The Federation of European Union Manufacturers and Suppliers of Ingredients to the Bakery, Confectionery and Patisserie Industries (FEDIMA) has signed a cooperative agreement with Russia’s Food Ingredients Producers Union (FIPU) to exchange information...