Companies are increasingly moving into new market areas in a bid to drive and grow business. It's a risk, particularly if knowledge in the new sector isn't as strong as competition, but it seems to be one worth taking...
Kentucky-based tortilla and flatbread manufacturer Mesa Foods has been acquired by Hispanic foods specialist Teasdale Foods.
Kellogg has set up a venture capital fund that will be used to invest in businesses developing new ingredients, foods, packaging and technology.
International bakery and confectionery business Fazer Group has announced it is to expand its operations with a new factory in Russia and the acquisition of an artisanal bakery in Finland.
Vegetable-based snacks brand Good Health is rolling out three new products in the US this summer - including its first tortilla chips.
Hostess Brands has made its first acquisition since coming under new ownership itself in 2013.
Asian marinades brand Soy Vay has extended into the US snacks category with the launch of popped rice clusters.
With 96% of US consumers snacking between meals – and the lines between mealtimes continuing to blur – analysts say the range of foods accepted as a snack continues to grow.
Cookie brand Hydrox - which was axed in 1999 - has returned to the US market in a big way with listings in Kroger and Walmart stores.
Tesco has launched a range of cakes designed to tap rising demand for traditional afternoon tea in the UK.
Post Holdings says a shift away from promotions is set to benefit the cereals category and its own cereals business.
A major reorganization of Kellogg’s snacks direct store delivery system took its toll on sales in the first quarter of the year, the company has admitted.
Increased marketing investment and more effective promotional activity has helped drive a 21% year-on-year hike in net sales of Grupo Bimbo’s North American business.
S Rosen’s brand owner Alpha Baking Co is extending into sweet goods with the acquisition of two US bakeries from ConAgra Foods.
Snack industry veteran Jose Luis Prado - former boss of Quaker Oats North America - has partnered with private equity firm Wind Point Partners to acquire pork rind snacks supplier...
UK manufacturer Premier Foods – maker of Mr Kipling cakes - has rejected a takeover approach by US spices business McCormick & Company.
Speciality baking business Aryzta has reported a decline in underlying revenue from its US division, while in-store bakery growth has driven a strong performance in Europe.
Snyder's-Lance has completed its acquisition of Kettle brand owner Diamond Foods.
Bakery ingredients business Orkla Food Ingredients (OFI) has boosted its presence in the ice cream cones and wafers market with the acquisition of Scottish supplier The Waverley Bakery Limited.
Grupo Bimbo has recorded a surge in sales from its North American business despite price rises taking a toll on volumes.
UK supermarket chain Morrisons is to supply a wide range of fresh, ambient and frozen food products to Amazon under a wholesale deal.
Cargill is to axe its crop inputs business – comprising seeds, fertilizer and chemicals – in parts of Central and Eastern Europe.
Bread prices are at their lowest level for eight years and are continuing to put pressure on bakery industry margins, according to Kingsmill brand owner Associated British Foods (ABF).
Name recognition won the day in the 2016 BrandSpark Most Trusted Awards, as brands such as Kraft, Kellogg’s, and Folgers won big in their representative categories.
Snyder’s-Lance has reported an estimated 4% year on year increase in net sales for 2015 – despite a “tougher retailing environment” and a last-quarter performance below expectations.
PepsiCo is looking to drive a healthier portfolio via new health-friendly vending machines and a 2016 launch of organic Gatorade.