News & Analysis on the Bakery and Snacks Industries
Financial results
Just before handing the reins to Ramon Laguarta, CEO Indra Nooyi reported PepsiCo’s third quarter growth was at all-time in the past 12 quarters and was the ‘largest contributor to food and beverage growth’ in US retail during the period.
Nestlé announced it closed its joint venture with the Indofood Group last month, while PepsiCo reiterated its stance to not source palm oil – either directly or indirectly – from the company and its subsidiaries, purportedly linked to deforestation and...
The European Commission has proposed limiting industrially produced trans fatty acids to 2 g per 100 g of fat.
The UK subsidiary of the Japanese snack food giant has acquired UK potato chips producer Seabrook Crisps for an undisclosed sum.