The Michigan-based cereal giant reported a fourth quarter loss of $84m – compared with a profit of $417m a year earlier – due to the looming Brexit and a ‘softness’ in its key US snacks and morning foods categories.
Consumer eating habits will change in the coming decades and we will have to find new sources to provide humankind with sustenance in the future, according to Bühler.
Dutch company FrieslandCampina Kievit is exploiting its 120 years of experience to develop innovative products in response to the bakery industry’s dichotomous demands for both clean label and indulgent experiences.
PepsiCo, Kraft Heinz, Pret a Manger and Cargill are among the raft of global companies that Clearly is calling on to provide eye tests for their employees in the developing world.
The International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) says it foresees rolling roll out new varieties of drought- and disease-resistant grains to African farmers next year to increase food security in the region.
Indian company Parag Milk Foods Ltd, a manufacturer and marketer of dairy-based branded foods in India, recently launched two ready-to-eat Indian desserts, Gulab Jamun and Rasgulla, made from pure cow ghee and cow milk under the brand Gowardhan.
The global price of cashew nuts jumped nearly 10% over the past week, after the Tanzanian government started buying the entire country’s stock at a higher price.
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.
