SUBSCRIBE

Breaking News on Industrial Baking & Snacks

News > Markets

Smucker drops foodservice for brands

Leading American food producer J. M. Smucker has agreed a deal to sell its US Multifoods foodservice and bakery businesses in order to concentrate on well-known consumer brands, reports Chris...

Loders Croklaan highlights Malaysian connection

Dutch producer of oils and fats Loders Croklaan has changed its company logo in an effort to underline the connection with its Malaysian parent company IOI Group and emphasize their...

Greggs benefits from price hike

A 2.4 per cent increase in average selling prices helped British baker and retailer Greggs to post a "pleasing" increase in second half sales.

Warburtons expands as part of premium push

Family baker Warburtons has bought up the Rathbones bakery in Stockton, northern England, as part of the group's plan to dominate the premium bread sector through local supply networks, reports...

Prices for cereal-based ingredients still under pressure

Despite an upturn in global wheat, corn and soy production in 2004, prices for food ingredients sourced from cereal raw materials are likely to remain under pressure, writes Lindsey Partos.

Frozen bakery sparks General Mills recovery

Frozen and chilled baked goods are the leading lights among US firm General Mills' bakery and cereal products as the company begins a tentative recovery against high raw materials costs,...

Starch firm expands in Asia

Number one dextrose producer Corn Products International will drive operations forward in Korea, buying up the remaining slice of its Korean business from Doosan corporation.

Asian rice production lifts global supplies

A significant drive from Asian rice producers has helped boost global paddy production in 2004 to an estimated record 611 million tonnes. But the Food and Agriculture Organisation says that...

Pre-treatment investment in raw materials to bring savings for Karlshamns

Competition continues to bite for Swedish speciality fats and oils business Karlshamns with the firm announcing it will pour Euros 6.68 million (SEK60m) into cost-cutting measures.

Sardus buys sandwich firms for new business

One of Sweden's biggest meat and cheese processing companies, recently under pressure from increased competition, will soon be supplying sandwiches as well as the fillings by establishing a new business...

Cocoa prices still volatile on political unrest

Prices for cocoa remain relatively volatile as political unrest in Ivory Coast, that produces some 40 per cent of global cocoa crops, keeps the market nervous.

PepsiCo set to dominate European snacks

PepsiCo is now in a prime position to dominate the blossoming European snacks market, especially the emerging eastern sector, after US food maker General Mills pulled out of their 12-year-old...

IAWS invades specialist French bakery

Irish baker IAWS is taking on France's specialist bakery, confectionery and foodservice sectors by acquiring leading domestic distributor Groupe Hubert, and could exploit the declining number of independent on-site bakers...

Splenda success boosts Tate & Lyle into FTSE 100

Booming sales for its popular sweetener give UK starch and sugar business Tate & Lyle the necessary leverage for the firm to re-enter the FTSE 100 index after a seven-year break.

Inter Link launches cakes in Europe

The rising star of Britain's cake sector, Inter Link Foods, is buying its way into Poland - hoping to benefit from the growing dominance of multinational supermarkets across eastern Europe...

ABF and Cargill agree UK merger

Two of Britain's biggest agriculture companies, faced with an increasingly unstable market and rising costs, have announced they will merge to insulate themselves and compete more effectively through local grain...

Nestlé buys into frozen pizza market

Nestlé is to buy almost half of German frozen pizza firm Wagner so it can tap into the lucrative German market and expand Wagner's brands abroad, as competition hots up...

EU reform threatens Greencore sugar

Food and ingredients producer Greencore has warned early that its Irish sugar business could be seriously damaged when the EU finally implements its sugar reform, expected next December, writes Chris...

Wheat and corn based ingredients open to price rise

Price increases for key raw materials used by the food industry threaten over the next 12 months as low global stocks remain open to unexpected disruptions.

Interstate to close another bakery

Interstate Bakeries, which filed for bankruptcy amid mounting debts and falling sales less than a month ago, has announced plans to close another of its US bakeries. But streamlining alone...

Unilever to sell bakery business

Food and ingredients giant Unilever has signed a deal to sell its frozen pizza and baguette business to German firm Dr. Oetker as part of a five-year strategy to lift...

CSM sheds natural alcohol supplier to focus on bakery ingredients

CSM, the Dutch food ingredients company continues to shed non-core activities, signing off its stake in natural alcohol supplier Koninklijke Nedalco in a €24 million deal.

Sugar reform splits EU opinion

Plans for EU sugar reform are unfair and would only benefit the biggest producers, say 10 member states as new discussions split opinions across Europe,reports Chris Mercer.

Flexibility gives Greencore an advantage

A major private label supplier, which plans to launch low-fat, low-carb and gluten-free products to meet growing consumer health demands, says flexibility in production and a variety of income sources...

Krispy Kreme crisis increases losses

Alarm bells are ringing at the Krispy Kreme doughnut company after it announced a further $3 million loss in its third quarter amid fears that the company may have been...

Key Industry Events

 

Access all events listing

Our events, Events from partners...