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.
PepsiCo’s UK snacks subsidiary, Walkers, Ireland’s Kestrel Foods and Yorkshire's Bite UK are entering a category that is growing faster in the UK than potato chips, but they will be contending with higher nut prices.
Asian flavors will grow in the snack market, but many US consumers are not ready for them yet, corporate executive chef at Asenzya, Dax Schaeffer, told BakeryandSnacks at IFT held in Las Vegas last month.
The National Confectionery Association (NCA) has announced the Most Innovative Award winners from nine major candy and snack categories, including chocolate, seasonal, gum and mints, at the Sweets & Snacks Expo this year in Chicago.
PepsiCo has launched an incubator programme to help nurture the ‘best and brightest’ entrepreneurs in the nutrition, health and wellness sectors. Eight ‘breakthrough brands’ will benefit from a €25,000 ($26,500) grant each, and access to experts from...
Nestlé says it is "very concerned" by allegations that its palm oil supplier Wilmar International has again been implicated in sourcing palm oil from the protected Leuser ecosystem in Indonesia, according to a report by the Rainforest Action...