News & Analysis on the Bakery and Snacks Industries
Leading US bakery Sara Lee yesterday reported a decline in sales in its first quarter, with net income hit hard as the company enters the ninth month in its five-year transformation strategy to shed unprofitable businesses.
The UK's food processing industry, which has been fingered for being slow to adopt new technologies and business practices, has teamed up with university researchers to cut carbon dioxide (CO2) emissions.
The rising consumer demand for improved quality, extended shelf life and environmentally-friendly products, along with increased regulations in the EU is pushing innovation in the food packaging sector, Frost & Sullivan says.