A dip in profits for US cereal giant General Mills highlights the
rising threat of private label competition on the cereal market,
making branded players work harder to justify higher prices to
consumers, writes Chris Mercer.
Cereal and snack producer Kellogg will have the edge over
arch-rival General Mills over the next few years as superior
innovations in the premium health sector and a more focused product
portfolio drive the firm forward, writes Chris...
PepsiCo has become the latest company to bow to pressure on the
food industry from the rising tide of obesity, introducing
voluntary restrictions on its advertising to children, according to
an article in today's London-based...
Sato has developed an automated pallet labelling concept for Nestlé
using UHF RFID tags that should help the company make significant
supply chain savings.
The growth of PepsiCo's savoury snacks business helped the firm to
a solid earnings rise in 2004 and also raises new questions about
the damage healthy eating trends will inflict on the food
industry's snack giants, argues...
Martek Biosciences has signed a non-exclusive license agreement
with Kellogg, under which it will supply the consumer foods giant
with the omega-3 fatty acid DHA (docosahexaenoic acid) for use in a
new line of fortified foods.
A new nutrition bar chart on every pack of Kellogg's breakfast
cereal, enabling Britain's consumers to check salt, sugar and fat
content against guideline daily amounts, may cause confusion amid
too many conflicting systems,...
Kraft Foods, the world's biggest food company, has announced its US
operation is to provide consumers with more nutritional information
about its products - a precedent already set by its UK division,
Tom Armitage reports.
Frozen and chilled baked goods are the leading lights among US firm
General Mills' bakery and cereal products as the company begins a
tentative recovery against high raw materials costs, writes
Chris Mercer.
PepsiCo is now in a prime position to dominate the blossoming
European snacks market, especially the emerging eastern sector,
after US food maker General Mills pulled out of their 12-year-old
joint venture to pay off mounting debts,...
Nestlé is to buy almost half of German frozen pizza firm Wagner so
it can tap into the lucrative German market and expand Wagner's
brands abroad, as competition hots up in the European frozen pizza
sector, reports Chris Mercer.
Staff at one of the UK's leading biscuit and snack manufacturers
have been challenged to walk 10,000 steps every day as the company
highlights a link between healthy bodies and healthy profits.
Kellogg reported a solid 7 percent increase in its earnings for the
third quarter with the North America region also putting up a
strong performance thanks to the successful introduction of new
product lines.
US-based food producer Sara Lee has announced a solid 4 per cent
sales rise for the first quarter of fiscal 2005 and highlighted its
bakery business as a strong contributor to company growth. But the
praise hides a relatively average...
Despite attempts by Kraft Foods to give the company a healthier
image, earnings fell for the fifth straight quarter as higher
commodity costs and retail price pressures took their toll.
The rising pressure on US food producers to play their part in
improving the health of the world's fattest nation has led Kraft
Foods to promise more nutritional information on selected snack,
dairy and beverage products - a...
A public complaint and a rap on the knuckles from the UK
Advertising Standards Authority has left the Kellogg company
red-faced over its recent Frosties cereal advert, and again thrust
children's advertising into the health spotlight....
General Mills is the latest food manufacturer to report a decline
in net profit this year, and again the blame goes on raw material
price hikes and fierce competition in the retail sector writes
Anthony Fletcher.
US cereals and snacks group Kellogg is to centralise its European
operations in a new office in Ireland, giving it a major presence
in the market with the world's highest per capita consumption of
ready-to-eat cereals, writes...
The latest figures from Kellogg suggest that the US-based cereal
and snacks group has weathered the low-carb dieting storm with
relative ease, helped by a combination of new product launches and
increased advertising expenditure,...
Soft drink and snack maker PepsiCo might not spring immediately to
mind when thinking about healthy food products, but the US company
clearly believes it has a role to play in this fast-growing market
- and has added a new logo to...
Increasingly health conscious US consumers chose to bypass the
snack packs of food giant Kraft in the second quarter, a trend
which weighed heavily on profits at the country's biggest food
maker. But a major marketing push highlighting...
Flowers Foods, the US baked goods producer, is to buy the
Houston-based bread and bun production facilities of compatriot
Sara Lee, including the rights to supply own label and foodservice
customers in the local market.
Nestlé Romania has confirmed that it is to invest a further €3.5
million in its factory in Timisoara, as the company reaffirms its
ambitions to dominate the all-important wafer market in the region.
After repeated warnings that the spiralling cost of raw materials
would impact profits this year, US-based breakfast cereal producer
Kellogg yesterday said that it had got off to a
better-than-expected start to the year and forecast...
Frito-Lay, the snack food arm of giant US food and drink group
PepsiCo, was one of the main drivers of growth for the company last
year, not least as a result of various new product launches
designed to tap growing demand for low...
Major Swiss food maker Nestlé is to add a novel fat replacer to its
products, revealed the US-based Fiber Gel Technologies,
manufacturer of the ingredient, last week.
Graham Packaging is making its first entry into the salty snack
food market,supplying high-density polyethylene rigid canisters for
Frito-Lay's new Staxpotato crisps. The new Stax went into
nationwide distributon in the US inAugust...
Kellogg, the cereal and snacks maker, has raised its full-year
profit forecast after an excellent third quarter performance which
saw both sales and profits rise significantly. The gains came as a
result of new product launches, brand...
United Biscuits continues to restructure with a £10 million plan to
expand its Harlesden plant in north west London. This follows the
closure of its biscuit production facility in the English Midlands
earlier this year.
Be prepared for some heavy promotion of Hershey's special dark
chocolate chips. An independent survey has found that customers
preferred the Hershey product to that of its nearest rival.
The merger of PepsiCo with compatriot Quaker Oats gave a major
boost to operating profits at the giant snack food and soft drinks
group in 2002 - and the recent reorganisation of the international
business should lead to further gains...
UB has announced plans to close its biscuit production site at
Ashby de la Zouch in the English Midlands at the end of next year
as part of its ongoing plan of restructuring its now profitable UK
biscuit operation.
Increased expenditure on brand-building and promotions helped
US-based cereals and snack foods group Kellogg to a 10 per cent
increase in sales for 2002, a good result after a turbulent year in
2001.
Nestle subsidiary Cereal Partners UK has entered the rapidly
growing cereal bar market, with the launch of three new bars. The
'Cereal and Milk Bars', already available in France, Portugal and
Spain, are made from the Nestle...
United Biscuits' management in the UK has finally run out of
patience with staff and unions at its Fontaneda plant in Spain. If
all the parties cannot agree on terms for the relocation of staff
to other UB sites by 15 October,...
A dispute which pitted US food giant Kellogg against the somewhat
smaller Green Turtle Bay Vitamin Company over the latter's
trademark vitamin, Sunnie, has ended with a victory for the smaller
company.
America's biggest food company, Kraft Foods, announced a rise of 20
per cent in earnings for the 2002 first quarter, attributing strong
volume growth in beverages, desserts and new products to the
increased earnings.
US cereal company Kellogg Co. agreed this week to sell its
Bake-Line Products business to Atlantic Baking Group, the privately
held baking group said on Wednesday.
