Kellogg has reported a 10.6% drop in overall sales in the last quarter of 2015 to £3.1bn – but says performance of its US cereals business is improving.
Innovation including new nuts and chocolate products has contributed to a strong performance by the confectionery and snacks division of Norwegian-based business Orkla.
Frito-Lay has benefited from improved productivity and lower commodity costs in the past 12 months, PepsiCo has reported in its full-year results.
Nature's Own manufacturer Flowers Foods has reported an increase in full-year sales despite a slowdown in the last quarter.
France has usurped the US as the most innovative retail pizza market, according to new Mintel research.