PepsiCo-owned Quaker Oats has collaborated with South Korea snack maker Lotte Confectionary to enter the fast-growing Korean cereal market currently dominated by Kellogg’s and Post in JVs with local producers.
Japanese snack giant Calbee posted a profit decline for its third quarter results for fiscal year ending March 31, 2018 due to sharp slowdown in North America, possibly putting its business partnership with PepsiCo on the line.
PepsiCo’s CEO says 2018 will be a year of 'robust marketing in innovation' for its legacy and new, innovative beverage brands after organic sales of the company’s North American Beverages segment - its largest division - slipped by 3% in Q4...
PepsiCo has called reports of it launching snacks specifically for women inaccurate, noting 'We already have Doritos for women - they’re called Doritos - and they’re enjoyed by millions of people every day.'
Sustainability efforts made by some of Europe’s leading food manufacturers slashed CO2 emissions from manufacturing operations by more than half in 2016 compared to a 1990 baseline, says the Food and Drink Federation (FDF).
Hershey’s acquisition of Amplify Snacks has made the chocolate company the second largest popcorn producer in the US market, ‘second to Frito-Lay,’ who owns Smartfood, said Euromonitor analyst Jared Koerten.