Russia has been accused of weaponising food by disrupting supplies of wheat and other commodities, which is exploding the price of food and putting millions at risk of starvation.
The McVitie’s owner has appointed Tim Brett as managing director for its recently formed business unit that combines its western Europe and emerging markets.
Steve Cahillane said the breakfast cereal giant – which so far has essentially avoided hiking prices – is finally expecting to crumple amid worsening inflation, lingering supply chain disruptions, a workers’ strike, a plant fire and the war in Ukraine.
The Cheerios, Betty Crocker and Nature Valley brand owner has released its 2022 Global Responsibility Report, highlighting the progress it has made against environmental and social commitments in 2021.
Candid, creator of Noons cacao bites, captured the top spot of SNAC International’s second biennial SNAC Tank, held at the association’s inaugural SNX 2022 education and networking forum.
Mezcla has signed a year-long collaboration with The Hunger Project to highlight the importance of access to education and technology on the journey to ending hunger.
Cracker Jack – which has a proud 125-year association with baseball – has added a new face to its roster with the introduction of Cracker Jill, to celebrate the females who break down barriers in sports.
The Mexican bakery giant has been recognised for the sixth time by Ethisphere as one of the World’s Most Ethical Companies, while Bimbo Bakeries USA (BBU) has been honoured by the EPA for its energy usage at 20 of its facilities, setting the bar for the...
PepsiCo has developed groundbreaking tech for condensing and treating the steam evaporated from its fryers to recover more than 50% of the water used in potato chip manufacturing lines, an approach that could save 60 million litres of water a year.
To mark National Jefa Day (31 March), PepsiCo has sent a call out to Latina-owned small businesses in the F&B sector to apply for the personalised business building support services under its Juntos Crecemos (Together We Grow) platform.
The Foundation for Food & Agriculture Research (FFAR), in partnership with the Global Alliance for Improved Nutrition (GAIN), is on a mission to attract more private sector investment in the development of underutilised crops to feed an increasingly...
As Russia barrels down on Ukraine, multinationals like Grupo Bimbo, Nestle and Mondelez are closing operations citing safety concerns, and the already-stressed global wheat supply will get stretched to its limit.
Perkier has added its carbon neutral commitment – a first within its competitive set – to its growing list of ethical credentials, including being plant-based, palm-oil-free, transitioning to fully recyclable packaging and its B-Corp certified manufacturing.
Mexican bakery giant Grupo Bimbo posted a 66.9% increase in fourth quarter net profit, along with a 74.7% bump up for FY 2021 to reach 15.9 billion pesos ($78m).
Evidence suggests that one in five Africans faced hunger in 2020 – more than double the number of people in other parts of the world. A recent report by the Malabo Montpellier Panel to tackle food security in the region highlights the importance of women...
To guard its upcoming budget from soaring global wheat prices, the Egyptian government is considering scrapping a popular bread subsidy for cash payments – but this risks a repeat of history.
A staggering one in two Guatemalan children are substantially underweight or stunted, making the country the first in Latin America and sixth in the world for the worst rates of child malnutrition.
The Israeli foodtech company has appointed Liat Lachish Levy as CEO to steer it through a new phase of strategic growth following a successful $8m funding round.
Ulusoy has secured a 6-year, US$25m senior debt facility from Dutch entrepreneurial development bank FMO to fund the acquisition of a prominent consumer brand, which will enable it to move from an exclusive B2B business into B2C channels.
Mexican officials have seized 380,000 boxes of Kellogg’s cereals that feature cartoon mascots, which are in violation of recent laws preventing the marketing of allegedly ‘unhealthy’ products to children.
The global snack giant has announced a new goal to help 50 million people gain ready access to nutritious foods by 2030 by expanding its Food for Good platform. We speak to C.D. Glin, PepsiCo’s global head of Philanthropy, about how the food industry...
A new joint venture between Chef Thiam’s US-based West African fonio brand Yolélé and Mali Shi SA, a shea butter manufacturer that provides income to tens of thousands of women through its proprietary sourcing operations, has received a $1.98m grant from...
Amazi Foods is a mindful food company that is helping consumers to feel better in and of themselves with guilt-free, nutrient-packed snacks that are 100% made-in-Uganda and expected to contribute more than $13m to the African country’s economy.
PepsiCo has expanded its green tech accelerator programme in partnership with the UAE Ministry of Climate Change and Environment (MOCCAE) to reach sustainable design innovators across the Middle East and North Africa (MENA) region.
PepsiCo Frito-Lay has lost its exclusive rights to a unique variety of potato after Indian authorities ruled the American snacks giant cannot claim a patent over its seed.
Grupo Bimbo has led a Series A funding round for LiveKuna, a vertically integrated supplier of gluten-free snacks and staples made from sustainably produced quinoa and chia sourced directly from its network of farmers in Ecuador.
AlcoEats – which produces Indian-style nuts, ready-to-cook sauces and spice pouches – was among the handful of Golden Tickets winners of KeHE Distributor’s Diversity TrendFinder event, with the spoils including a fast-tracking onto the company’s sought-after...
Olam Food Ingredients (OFI) is looking for partners to scale efforts in tackling poor labour conditions – including child workers and miserable wages – in hazelnut communities in Turkey.
SA food producer and fashion retailer AVI Ltd has confirmed it is in talks with American giant Mondelēz International regarding the sale of its snacks and biscuits business.
Best Alternativa was creating rice-based products long before the gluten-free trend took root in Ukraine, spearheading the movement in the region with backing from the European Bank for Reconstruction and Development (EBRD).
Yeast and fermentation specialist Lesaffre continues its relentless push to expand its international expertise network with the opening of a new innovation technology centre in Dubai, UAE.
COVID; surges and higher costs of raw materials, packaging and freight; economy-wide bottlenecks and shortages; acute shortages in labour; and a workers' strike at its US cereal plants are expected to dent the breakfast cereal giant’s annual profit.
Popcornopolis, Munchy Seeds and Bagrry’s are shaking up the snacking space with new packaging; Miss Nang Treats, Cheryl’s Cookies and think! gear up for the holiday season; Union Foods take ice cream to the next level; and Betty Crocker invites fans to...
Chairman and CEO Daniel Servitje said the Mexican bakery giant had experienced ‘very good results in terms of volumes, pride reputation and revenue growth management initiatives’ across all its markets in Q3 2021.
BakeryandSnacks talks to Antonio Escalona, senior VP and GM of PepsiCo North America’s recently created Hispanic Business Unit, about the company’s recent multi-million dollar investment in the Hispanic market and how the pandemic has swayed the company’s...
Munchy Seeds pushes pride for the planet, GoOats motivates to make mornings memorable, Boundless release Activated Chips to pump up gut health and Honey Mama’s falls into a culinary inspired Fall.
Parle Products has extended its popular Hide & Seek brand with a breakfast cereal designed to provide an affordable and energising get-up-an-go breakfast for all age groups.
Indian entrepreneur Falu Shah is determined to donate one million school lunches to a child in need in India by the end of 2021 through Howdah. And given the snack’s eclectic range inspired by Indian street food and made from centuries-old family recipes...
The Dutch entrepreneurial development bank FMO and Proparco – the financing arm of Agence Française de Développement Group – have reaffirmed support for long-standing client Tirayaki Agro through a new syndicated facility that will provide impact through...
The Mexican bakery giant posted new highs for the second quarter – with a 16.2% increase in sales and adjusted EBITDA growing nearly 37% – as it motivated to revitalise those channels and categories that suffered during the pandemic.
Cheetos and global music superstar Bad Bunny have extended their Deja tu Huella (‘leave your mark’) partnership – launched in 2020 – that celebrates the impact that Hispanic culture has made on society.
Parle Products has expanded its portfolio with the launch of Parle G Chakki Atta (flour) to capitalise on the trajectory growth the home baking trend has experienced since the outbreak of the pandemic.
