Conagra’s acquisition of Pinnacle Foods will help expand its snacks and sweet treats portfolio in addition to making the company a frozen food category leader, CEO Sean Connolly has said.
Halen Brands has unveiled its first line of indulgent chocolate line, Joyfuls, after spending years investing in healthy and protein-added snacks, including Chef’s Cut Jerky, OWYN, and most recently, From The Ground Up, which offers cauliflower-based...
Enjoy Life Foods has evolved from a better-for-you snack producer to an allergy-friendly icon with double-digital annual sales growth over the past two decades, but the company said the secret to its long-term success is not to follow market data and...
Bosch has announced it will sell its packaging machinery business (PA), more specifically the pharmaceuticals and food units of its Packaging Technology division to focus on its core business.
Kraft Heinz has allegedly expressed an interest in acquiring Campbell Soup, but analysts believe the Goldfish crackers maker will retain some of its fast-growing businesses, including its recently acquired Snyder’s-Lance.
Conagra has agreed to acquire Pinnacle Foods in a $10.9bn cash-and-stock deal, which could create a ‘new giant in the food industry,’ analysts have said.
Northern Ireland-headquartered Tayto Group has continued its acquisition spree with the purchase of UK based The Real Pork Crackling Company for an undisclosed sum.
Popcorn company Savoury & Sweet – acquired by Burts Chips in January – has reported a healthy pre-tax profit for its latest financial year, up from a £6.4m ($8.5m) loss in 2016.
The Little Kernel, known for its small, less-likely-to-stuck-in-teeth popcorn, has doubled its revenue since it started two years ago, but its founders said the real growth, which could make the brand multi-million dollar business, has just started.
NuGo Nutrition is not intimidated by competition as its CEO David Levine just announced a new line of protein bars as ‘an alternative to Kellogg’s RXBar.’
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.
Bimbo Bakeries USA said its latest organic bread line, launched under its Arnold, Brownberry and Oroweat brands, resonates with the rising organic trend.
After two years of intensive research, avocado chips startup AvoLov has perfected dehydrating avocados to produce crispy avocado chips to capitalize on the growing love of the fruit.
The Fair Trade importer has collaborated with food safety technology company Agri-Neo to install the Neo-Pure Food Safety System at Mayorga’s headquarters in Rockville, Maryland.
Tyson Foods is selling its Sara Lee frozen bakery and Van’s businesses to private equity firm Kohlberg & Company for an undisclosed sum to focus more on its protein-enriched products.
pladis has formed an internal ventures team in North America to help incubate new brands and bring its products from other countries to the US as the company said the region is 'a priority market and is well on track to achieve $1bn in sales'...
Harry & David plans to turn Moose Munch from a seasonal to an everyday brand to compete with fast-growing popcorn brands like SkinnyPop and Boomchickapop recently acquired by big FMCG companies.
Limagrain Céréales Ingrédients (LCI) says it will expand internationally by agreeing to acquire 100% shares of Unicorn Grain Specialties from Nordian Capital .
The National Confectioners Association (NCA) has named the most innovative product award winners of 2018 at the Sweets and Snacks Expo in Chicago (May 22-May 24, 2018).
Campbell Soup CEO, Denise Morrison, has announced her retirement as the company reports a $393m loss on sales of $2.13bn for the quarter ended April 29, compared with a profit a year ago.
Kellogg has unveiled a wild berry Froot Loops cereal, the brand’s first flavor and shape in 10 years, as the company hopes to get its morning food sales back on track.
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.
Frozen fruit bars producer Modern Pop hopes to gain market share and grow rapidly with a new round of investment from three venture capital firms: Cambridge Companies SPG, Rocana Venture Partners and Steelpoint Capital.
Special K cereal bars in the UK are now added with wholegrain oats, whole fruit pieces and nutrients such as vitamins B3, B6 and folic acid, and their weight has increased from the original 21.5g per bar to 27g.
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.
PepsiCo posted a 4.3% net revenue growth and a 2.3% organic revenue growth in Q1 2018, driven by Frito-Lay’s ‘solid performance’ in North America, according to PepsiCo CEO Indra Nooyi.
Kellogg has introduced two limited edition pastries under its Pop-Tarts brand to the US with two side-by-side flavors in one tart to capitalize on a growing penchant for nostalgic purchases by aging millennials for sweet baked goods.
In two decades, Bare Snacks has evolved from solely an apple chips company to the current leader in the US dried fruit and vegetable snacks space with ‘super strong double-digit growth’ year-over-year, says CEO Santosh Padki.
A study by consumer intelligence company Catalina found the center of the retail store is by no means dead and consumers can be enticed back by innovative products, especially when it comes to bakery and snacks.
tna has opened a 3,600m² manufacturing facility and expanded Food Technology Testing Centre (FTTC) in the Netherlands, for the potato and vegetable processing industries.
Collagen is set to compete with plant-based protein and probiotics in the US snacks category as manufacturers ride the growth momentum of bone broth, says IRI.
BakeryandSnacks hosted a panel discussion at ProSweets in Cologne, Germany, to delve into the plant-based trend: discussing its effects, the pros and the challenges it is having on the snacks and confectionery sectors.
So Free Chocolate maker Plamil Foods has seen rapid innovation and growth in the free-from space in its 54-year history, but never more so than what it is experiencing today, says the company’s MD.
Chinese consumers are expected to eat more Western style biscuits in the coming years as their knowledge of cheese types increase, according to a recent report by Mintel.
Jeff Harmening, General Mills’ CEO, told attendants at the Consumer Analyst Group of New York (CAGNY) the company could see more acquisitions as part of its ‘reshape the portfolio for growth’ strategy.
