Hershey India is launching a range of ‘better for you’ protein cookies to garner a share of India’s crowded biscuits market dominated by Britannia, Parle and ITC.
The environmental watchdog is calling on Mondelēz to sever ties with Wilmar International – one of the world’s biggest agribusinesses – by staging a protest outside the snack maker’s corporate headquarters yesterday.
Zimbabwe’s depleted bread supplies have markedly improved; Nestlé launches initiative in East Africa to potentially save lives; Sudan ups subsidies to lower bread prices and Kenya’s cereals board stares at a $39m loss.
Mondelēz has built its latest technical center in Asia in Thane, India, to develop new snack products and improve consumer science, packaging and productivity.
People of colour do not having the same access to networks that would help them raise finance and find investors in the food industry, says African food champion Zoe Adjonyoh.
The Oreo maker will launch an innovation hub ‘SnackFutures’ next month that will invest in snack startups through partnering with early-stage entrepreneurs.
China’s e-commerce snack giant plans to target specific shoppers, including pregnant women, athletes and seniors, with customized products to battle the slowdown of the domestic nut snacks market.
Entrepreneur Zoe Adjonyoh is at the forefront of championing African food to the masses, having evolved from setting up a food stall in London seven years’ ago to opening her first restaurant, ‘Zoe’s Ghana Kitchen’, and now vocally promotes the challenges...
An MiR100 portable heavy goods robot by Kantum and a flying drone called Prodroneto, which will be launched in December, made their debut at this year’s Tokyo Pack 2018.
The snacks and beverage giant has signed a Memorandum of Understanding (MoU) with the India’s Odisha State Government to set up a potato chips unit in the district to support its initiative to promote a new variety of potato.
Nestlé announced it closed its joint venture with the Indofood Group last month, while PepsiCo reiterated its stance to not source palm oil – either directly or indirectly – from the company and its subsidiaries, purportedly linked to deforestation and...
The Grain Millers Association of Zimbabwe (GMAZ) has suspended the supply of bread and self-raising flour to biscuit and confectionery firms to ensure continuous supply for major bread bakers.
Ingredion has announced it is investing $60m to grow its specialty food ingredients business in Asia-Pacific, beginning with the expansion of its modified and clean-label specialty starch capabilities in tapioca, waxy corn and rice.
The Federation of European Union Manufacturers and Suppliers of Ingredients to the Bakery, Confectionery and Patisserie Industries (FEDIMA) has signed a cooperative agreement with Russia’s Food Ingredients Producers Union (FIPU) to exchange information...
The Kolkata-based biscuit producer has received the regulatory nod from the Securities and Exchange Board of India (SEBI) to float its initial public offering (IPO).
UK-based agribusiness impact investor AgDevCo has secured £55m ($71m) from the UK’s Department for International Development (DFID) to expand its portfolio of sustainable investments in African agriculture.
The wheat price has risen dramatically due to deteriorating crop prospects in EU and Russia caused by a prolonged, dry summer, forecast to send up the cost of the household staple.
From Vegbred made from sweet potato peels, to a new posh Pocky offering, to new variants of potato chips cooked in rice bran oil, we take a look at what's new on the shelf.
Mondelēz has launched two new Oreo flavors – spicy chicken wing and wasabi – in China to squash the misconception that ‘Oreos must be sweet,’ according to Yue Fu, VP of corporate and government affairs.
More than 70 rising start-ups entered projects to the SIAL international jury to be presented at the Rising Start-ups area of the Future Lab section at the SIAL food event to be held in October in Paris.
Hyderabad-based Timla Foods has raised Rs. 13.7 crores ($2m) in debt financing from Anicut Capital, an investment firm with a focus on small and medium enterprises (SMEs).
Market expansion services provider DKSH has partnered with Nabati Food Malaysia Sdn Bhd to market its snack wafers and roll sticks in the Malaysian market.
Key Technology has entered into a strategic partnership with Heat and Control to sell and service its digital sorters, vibratory conveyors and automation systems in Australia, New Zealand and India.
Taghleef Industries (Ti) has reached an agreement to acquire Biofilm, a Bi-oriented Polypropylene (BOPP) films manufacturer for flexible packaging, labels and industrial applications.
To celebrate its centenary, Britannia Industries is planning to launch 50 new products this year in a bid to extend beyond biscuits and become a total foods company.
Mexican bakery giant Grupo Bimbo reported a massive 87% second-quarter revenue decline after it took a 1,960m pesos ($105m) charge for a voluntary redundancy program to create a ‘lean organization design.’
Mondelēz has reported growth across all regions in Q2 ending June 30, although its topline was negatively impacted by the recent truckers' strike in Brazil.
Grupo Bimbo’s recently acquired Columbian frozen baked food company, Panattiere, which, according to Global Market Insights, is an ‘evident’ sign that the frozen bakery market will experience high growth over the next six years.
Everfoods, the packaged foods platform controlled by private equity firm Everstone Group, has entered into an agreement to acquire Cookie Man from Australian Foods India for an undisclosed sum.
Harrison Hart, son of New Zealand billionaire Graeme Hart, is putting together a ‘food manufacturing powerhouse’ with the acquisitions of cereal manufacturer Hubbard Foods, Hansell Food Group and the Gregg’s sauce unit.
Anmol Industries - a branded packaged food company focussing on biscuits and cakes - has filed draft papers with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).
Mauricio Alarcon, CEO/MD of Nestlé Nigeria has reiterated the company’s commitment to improving the livelihood of farmers, while improving the quality and quantity of grains and legumes.
The Food Safety and Standards Authority Of India (FSSAI) has agreed, in principal, to reduce the trans-fat content in vanaspati and bakery shortenings and margarines to less than 2% by 2022.
The Grain Millers Association of Zimbabwe spokesman Garikai Chaunza said the country had a week’s supply of wheat left, which means millions of Zimbabweans could be left without the daily staple.
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.
The European Union (EU) is investing Ksh236m ($2.4m) to help Kenya revive its once thriving cashew nut industry that collapsed more than three decades ago.
China is set to become one of the most attractive cereals and bakery markets worldwide, with the bakery sector reaching $47bn by 2020 as more people chose to eat snacks on the go.
