PepsiCo is acquiring one of China’s largest online snacks companies, signalling a willingness to make a long-term commitment in the region despite the coronavirus outbreak.
The story of how a relatively little-known Spanish producer’s canned Patatas Fritas snack was thrust onto the world stage after appearing in a Korean Oscar-winning film is a prime example of the effect brand licensing can have on a product.
Researchers have highlighted the importance of policies supporting healthy dietary habits among Canadian children after confirming the link of child-appealing marketing tactics to breakfast cereals with excess levels of sugar.
After growing steadily for the past four years, despite “living month to month” due to restrictions related to bootstrapping a business, the Japanese snack subscription service and ecommerce platform Bokksu is ready to go to the next level with a seven-figure...
With the home baking category in decline in the UK, the National Association of British and Irish Millers (NABIM) has launched its Easy Peasy Baking Campaign to encourage consumers to get baking.
The Snack, Nut and Crisp Manufacturers Association (SNACMA) has released its most recent industry report, entitled ‘Celebrating the UK snacks industry’, which outlines a strong outlook for the sector.
Bimbo QSR, the US-based subsidiary of the world’s largest bread maker Grupo Bimbo, has formed a joint venture (JV) with Food Town, exclusive supplier of buns to fast food chain McDonald’s in Kazakhstan.
PepsiCo posted better-than-expected fourth quarter results, primarily driven by its Frito-Lay North American unit, which delivered its fastest rate of growth since 2013, according to CEO Ramon Laguarta.
The South African Competition Commission has found that PepsiCo’s R24bn ($1.7bn) acquisition of Pioneer Food Group will result in ‘significant’ public interest benefits for the country.
New research from Roy Morgan reveals that nearly 90% of Australians consume packaged snacks regularly, with 28% of them falling into the ‘heavy’ category, eating seven or more items in an average week.
Health & Happiness (H&H) Group’s Good Gout is focusing on its China expansion this year, with new product launches and more offline distribution channels in the pipeline for the firm which specialises in organic snacks for children.
The breakfast cereal giant posted a 2.8% decline in Q4 2019 sales, hurt by falling cereal sales on top of offloading its Keebler cookie business and other assets to Nutella maker Ferrero.
Six key characteristics indicate the future of Italy’s bakery, confectionery and gelato sectors – quality, innovation, expertise, design, passion and last, but not least, Italian spirit – all evident at Sigep, held in Rimini last month.
