Mondelēz plans to invest in Central and Eastern Europe by acquiring local brands in high-growth categories as these regions are showing a healthy growth trajectory, especially in the snacking space.
Kraft Heinz has invested in Ayoba-Yo jerky and Quevos egg white chips for an undisclosed sum through its venture arm Springboard as it believes these brands represent the future of snacking.
Mondelēz's deal to buy New York-based Tate’s Bake Shop for $500m could soon be followed by more acquisitions in the premium snacks space, says one Edward Jones analyst.
Mondelēz has launched Dairylea Snackers, a snacking kit that pairs Dairylea with Oreo cookies and mini chocolate cookies, specifically for the UK consumer.
F&B launches that fused healthier-for-you attributes with indulgence raked in the most sizable year-one sales, according to IRI's 2017 New Product Pacesetters report.
The Oreo cookie maker has inaugurated its newest 'Factory of the Future' in the Kingdom of Bahrain to meet growing demand by local consumers as well as those in the Gulf region, the Levant and Africa.
Kellogg Company, Post, PepsiCo, Unilever, General Mills and ConAgra Foods are some of the suppliers to have joined with Walmart in its ‘Fight Hunger. Spark Change’ program in the US and Puerto Rico.
Kellogg’s, PepsiCo, PZ Cussons and Kraft Heinz are among the companies listed by Greenpeace that are allegedly dragging their feet in eliminating Indonesian palm oil from their supply chains.
Planters nut producer Kraft Heinz posted a decline in sales for its full year, mirroring those of rivals like Campbell Soup as more Americans opt for healthier meals.
