The developing markets of Brazil, Russia, India and China will drive sales for Kraft’s global snacks business Mondelez International, according to CEO Irene Rosenfeld.
US-based snack company Snyder's-Lance has entered into an agreement to acquire Snack Factory, a manufacturer of pretzel-shaped crackers, for $340m in cash.
Fibre, prebiotics, quinoa and omega-3 are just some of the ingredients manufacturers are formulating into bread as health commands a hold on the sector
US-based Markel Ventures has acquired Reading Bakery Systems, a designer and manufacturer of industrial baking systems for the production of crackers, pretzels, cookies and other baked snacks.
The premium end of the market will help the new owners of Australian confectioner Darrell Lea differentiate themselves from market leaders Mars and Kraft, according to a market analyst.
Enzyme specialist Dyadic Netherlands has been awarded a €143,000 grant to develop commercial enzymes for the HealthBread Project, a two-year EU-funded research programme intended to develop nutritionally enhanced bread.
Premier Foods will need to invest to truly differentiate in the UK breakfast biscuit segment as competition is fierce from rivals like Kraft Foods and Kellogg, according to an analyst.
The Food and Drug Administration (FDA) has amended food additive regulations to allow bakers to significantly increase levels of vitamin D in bread and make ‘High’, ‘Rich In’ or ‘Excellent Source Of’ claims if they use a vitamin D2 bakers’ yeast.
The 19th century American writer Mark Twain famously said sacred cows make the best hamburgers. Of course, he was speaking figuratively about challenges to conventional beliefs in America, and not about India.
The New Zealand government has ruled against mandatory fortification of bread with folic acid. This position is a divergence from that of Australia which has required mandatory fortification since August 2009.
Global food and drink giant Mars has issued a letter to a local fish and chip shop in Scotland asking it to add a disclaimer on battered Mars bars as the tradition is out of step with the confectioner’s marketing code to promote healthy active lifestyles.
Gum titan Wrigley has failed to establish a link between active agents in sugar-free gum and improved teeth remineralisation, which can prevent tooth decay.
