Mars Chocolate’s new £6M research and development (R&D) facility will attract “world class expertise”, says business and enterprise minister Michael Fallon.
The Project Approval Committee (PAC) on Technology Mission on Coconut (TMOC) will fund 24 more projects in addition to the already approved 18 new projects this year.
US-based agricultural cooperative Ocean Spray has introduced Reduced Sugar Craisins dried cranberries, which offer less sugar and more fiber per serving.
German confectioner Ritter Sport has said that its biggest challenge this year is fitting all product information onto labels amid escalating pressure from the European Commission to increase text sizes.
Chocolate biscuits containing probiotics could help to preserve microorganisms in the gut that decline with age and cause constipation and diarrhea, according to a study.
Speciality bakery firm Aryzta will push ahead in transforming its business into a customer-centric model to take a stronger hold on the global market, according to its CEO.
Brazilian sugar mills' effort to ramp up sugarcane processing won't yield more sugar, according to a closely watched forecast that sent prices for the sweetener higher.
McDonald's already offers menu items that cater to local tastes in India. But this month, the fast-food chain said it was going a step further by announcing a plan to open its first vegetarian-only restaurants in the country.
Fatburger is the latest mid-sized burger brand to set up a plan for expansion across Asia. The US-headquarterd chain, which currently has just four Asian outlets hopes to end the year with 150 international restaurants, with another 225 in development.
US-based ConAgra Foods reported that its net income soared 166.6% to $250.1m in first quarter of fiscal 2013, up from $93.8m in fiscal 2012, driven by acquisitions and increase in marketing investment.
