PepsiCo’s baked potato chips are an outstanding example of fat reduction in a popular snack and from a public health perspective it is a tragedy they are not a mainstream choice, a nutrition expert says.
US investment firm Trian Fund Management, which is headed by activist investor Nelson Peltz, has acquired 1% stake in Danone - the French dairy company which is estimated to have a market capitalization of approximately $37bn.
India-based ice cream and processed food manufacturer Vadilal Industries is planning to double its processed food revenues to over INR1bn ($18.4m) by 2015.
Swiss chocolate products manufacturer Barry Callebaut has reported that its net profit for the fiscal year 2011/12 declined 8.5% to CHF241.1m ($255.49m).
Tate & Lyle will pump up to £30m ($48m/€36.5m) over eight-years in a new venture capital fund that will invest in start-ups and expansion-stage companies in food sciences and enabling technologies.
Mondelēz International was weighed down by operational issues in Brazil and Russia in the third quarter (Q3) which harmed overall performance in its first results since it split from Kraft Foods in October.
Singapore-based Petra Foods has posted sales and profit declines in the third quarter (Q3) as it complained of weak global demand for chocolate that halved profits in its cocoa ingredients division.
TIC Gums will demonstrate how its Add-Here 3200 hydrocolloid system reduces the need for sugar, honey, or high fructose corn syrup for binding and film forming, stability and cling for granola and other cereal “clusters” at the SupplySide West 2012 exhibi
Allied Bakeries has secured an important win as it strikes a supply contract with UK retailer the Co-op that Premier Foods has been forced to cut, ABF’s finance director says.
China's Bright Food Group Co Ltd is pledging to sell and promote the breakfast cereal Weetabix in China and the rest of Asia using its existing distribution channels and experience.
Barry Callebaut AG, the world's largest maker of chocolate products, reported better-than-expected sales for the year and said it had "an especially vibrant fourth quarter" despite the difficult environment in Europe.
Sahale Snacks, a US-based gourmet snacks producer, has launched the Sahale Snacks Premium Blend - a new addition to its nut snacks and blends range, just in time for the fall and holiday seasons.
