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.
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.
Indian bakery and dairy business Britannia Industries has reported consolidated revenue growth of 10% to $325.4m (Rs. 2,224 crores) in its third quarter, and 12% growth for the year up to December 31, 2015 to $939m (Rs. 6,417 crores).