Smurfit Kappa Group (SKG) said a reorganization of its specialties segment would realize further efficiencies as it posted strong second quarter results. It also revealed that the Venezuelan Government had tabled proposals to seize thousands more hectares...
Consumers are less likely to check labels of biscuit, cake, chocolate and confectionery compared to other food categories, according to Harris Interactive, due to the perception that they are indulgence opportunities.
Breakfast cereal manufacturer, General Mills, admits it fell far short of goals for 2010 in terms of reducing energy consumption and greenhouse gas emissions (GHG) but has flagged up a packaging commitment.
The results of the inaugural FoodProductionDaily.com survey gauging the outlook for the food and drink processing industry reveal that commodity and packaging material price increases, the bugbear of the past few months, are proving a challenge for 80...
There has been a “remarkable” jump in demand for German plastic manufacturing equipment this year, with the pace of recovery outstripping expectations from the sector, said a leading trade association.
Around US$30bn worth of investment is needed to “revolutionise” India’s food processing sector to boost the volume of processed products to 10 per cent of overall output by 2015, according to a new report.
Interest in baking at home has significantly picked up over the last six months, with baking mix manufacturers increasingly flagging up ease of use to respond to a growing demand for convenience in the kitchen.
Sealed Air Corps said it had made a “modest recovery” in the first quarter but that continuing economic weakness in Europe had held the company back. Its revival would instead be led by growth in emerging markets.
UK exports of cereals and bakery products last year rose by almost 30 per cent over the previous year, led by breakfast cereal exports, according to a recent report from the nation’s Food and Drink Federation (FDF).
Efforts by snack manufacturers to improve their sustainability credentials continue with UK firm United Biscuits reporting "great progress" in its six-pronged sustainability blueprint launched last year.
The latest consumer survey conducted by the UK's Food Standards
Agency points to a drop in concern about salt and fat levels in
foods, which the agency says reinforces the need for
The European food and drink manufacturing industry is performing
below average on nine out of 12 indicators of innovation, says a
new report from the CIAA that highlights the need for increased
investment and data protection.
In financial news this week; Ralcorp posts first quarter profit
sales increases, Trian attempts to control Wendy's executive board,
and an Australian baker strengthens security after the value of his
commodities goes up.
Beverage and snack company PepsiCo last week posted a 10.3 per cent
increase in operating profit for the tax year ending 30 December
2007, but higher overall costs led to a slight decrease in
margins for the group.
Thanks to the health and organic trends, sales of cereal bars in
the EU will experience average compound annual growth of 7.2 per
cent up to 2010, far outstripping sales of candies and chocolate, a
new report claims.