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...
BakeryandSnacks presents a monthly round-up of product launches, relaunches and innovation that caught our eye in August.
Berry Plastics Group has entered into an agreement to acquire AEP Industries (AEP), a manufacturer of flexible plastic packaging films in North America, for $765m, expected to close in December.
SkinnyPop owner Amplify Snack Brands has seen sales surge by more than a quarter, but admitted recently launched tortilla chip brand Paqui has got off to a slow start
US ingredients equipment supplier Shick Solutions has been acquired by Bretèche Group for an undisclosed sum and will be joining forces with Bretèche businesses including Diosna, VMI and Esteve....
Snack sales are growing more than twice as fast in the US ‘speciality gourmet’ retail channel than through mainstream stores, according to retail analysts Spins.
Private equity firm, Gryphon Investors, has agreed to acquire Lawler Foods, which manufactures gourmet cheesecakes, layer cakes, pies and other desserts for retail and foodservice customers across North America. ...
Technology and demand for healthier and interactive products is helping transform the snacks and confectionery market, say analysts.
Starbucks Corporation has invested in Italian boutique bakery Princi and will be bringing the company’s products to its recently announced premium Starbucks Reserve Roastery sites.
Frito-Lay is “just getting started” in the premium snacks market according to Indra Nooyi, chairman and CEO of owner PepsiCo.
‘There’s a lot of excitement about the internet of things (IoT) and big data but realistically many larger food manufacturers already have access to lots of data.
Continued pressure on the UK grocery market has hit profits at the country’s biggest bread brand.
Hershey has rejected a takeover approach from Mondelēz International that would have created ‘the world’s largest candy company.’
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.