US retail data science, insights and media company 84.51° polled shoppers about their buying intentions ahead of the 25th edition of Sweets & Snacks Expo, held in Chicago in late May.
Bread is the third-largest contributor to CPG’s $360bn value, according to a report by the Grocery Manufacturers Association, while snacks, cereal, cookies and crackers also play an important role.
Sales of wraps, sandwich thins and gluten-free products have helped Warburtons offset “difficult” trading conditions to increase turnover and operating profit in the 52 weeks to September 28 2013.
The head of Nestlé’s business in Asia has admitted the company has made mistakes in the way it has approached the India market by ignoring consumers in the country’s massive middle-class over the last decade.
There are plenty of cost-cutting strategies out there for bakers, from staffing, production efficiency, packaging and ingredients management. But how important is formulation? And are bakers looking that closely to reduce costs?
Prime Minister, David Cameron, has written to the BPF (British Plastics Federation), congratulating the UK's plastics trade body on its 80th anniversary.
The Food Corporation of India could potentially earn over Rs25,000 crore (US$4.5bn) by exporting wheat lying in open warehouses, according to an Assocham study.
DS Smith Packaging will reap €100m of annual cost savings and €130m in cash savings expected from its integration of SCA Packaging, which it acquired last year, ahead of schedule.
Premier Foods will shut two bakery sites and remove 130 distribution routes at a cost of £28m ($44.5m); a move sparked by its lost Co-op bread contract.
PepsiCo plans to invest about $38m on a new high-tech warehouse distribution system for its Frito-Lay factory and distribution center in Killingly, Connecticut.
MOM Brands intends to add more than 50 jobs at its Asheboro, North Carolina facility by the end of November, as it completes an expansion project that doubles its size, the company has said.
Max India has refused to comment over speculation that it is looking to sell-off its bi-axially oriented polypropylene (BOPP) film division to an overseas buyer.
The food and beverage production industry is ramping up its innovation pipeline as a way of bucking the uncertain economic trend, Anuga FoodTec show director Peter Grothues told FoodProductionDaily.com at the event last week in Cologne, Germany.
Several aluminium foil food packaging developments have been recognised in categories including innovation, convenience and preservation at an international aluminium trade body awards ceremony.
2 Sisters Food Group’s chilled food business Brookes Avana, acquired from Premier Foods last year, will be returned to profitability within two years, according to its new owners.
Almost 40% of German plastic packaging manufacturers expect higher raw material costs in the coming year, with energy tariffs a growing concern, according to a leading national trade body.
As Pack Expo 2011 closed its doors yesterday in Las Vegas, FoodProductionDaily.com spoke to Jorge Izquierdo from show organisers PMMI for their reaction to the three-day event.
Bosch packaging chief Friedberg Klefenz said talk of another economic downturn has failed to dent the company’s buoyant order books as he also forecasts strong growth in its Chinese operations.
DS Smith’s confidence in the refocusing of its business model appeared to be paying off as it yesterday reported both revenue and volume increases in its packaging operations.
British Polythene Industries (BPI) said raw material price hikes had cost the company ₤45m (€ 52.3m) in 2010 and said it would be accelerating investment in its recycling operations in a bid to insulate itself from future polymer cost instabilities.
Rising sales volumes and passing on higher polymer costs to customers were two reasons for increased third quarter revenues, said RPC today in its interim management statement.
The European adhesives industry said rising raw material costs triggered by a supply shortfall in the chemical sector is one reason behind its own price rises, as it seeks to response to customer concerns.
Amcor is to merge its Australasian operations and North American packaging distribution division as it seeks to send a “strong signal to the market” over costs and service standards.
Recent acquisition activity in the bakery ingredients supply industry involving Dutch firm Sonneveld being bought out by Orkla Food Ingredients may signal a flurry of similar takeovers and could mean price benefits for bakers, claims a market analyst.
Linpac has insisted that day-to-day operations will not be affected as it announced its debt had been halved after ownership of the company switched to a banking syndicate.
As the stevia industry is poised for wide take-up, harmonisation and recognition of the need for standards is crucial to securing a good reputation from the outset, according to ChromaDex CEO.
RPC Group has cited the global recession, record high polymer prices and implementation of a sweeping rationalisation programme as major factors behind it posting a net loss of ₤7.7m in 2008/09.
Nestle has indicated that the recession need not be all about cutting costs and keeping prices down, unveiling initiatives to tackle longer-term economic and social challenges, and create shareholder- and public-value.
A cash injection for frozen dough and lipid supplier Vandemoortele is set to boost the firm's business-to-business activities targeted at bakers and snack makers.
FoodProductionDaily.com walked the floor at the recent Anuga FoodTec trade show to ascertain how the current economic climate is impacting on the food and beverage processing and packaging equipment manufacture sector.
Productivity improvements and energy efficiency schemes will constitute the majority of new projects next year in the US food and beverage manufacturing sector, claims a report from a US market analysis firm.
A report by the British Chamber of Commerce highlights the fact
that despite the UK manufacturing sector had its strongest
quarterly exports results for eight years at the end of 2004,
businesses are still not making the most of the...
Foreign companies' profits in China may have increased rapidly in
the past four years, but they remain modest in comparison with
other countries with smaller markets and slower growth, according
to a surprising new report. Anthony...
Changing attitudes to the health benefits of foods and an increased
effort to solve technical and economic issues has raised support
for flour fortification among industry members, showed a meeting
held in London yesterday.
A recent report from the Australian National University indicates
that food and beverage companies in the Asia Pacific region will
continue to benefit from strong economic growth in 2004, but that
growth is set to fall back next year.
Deliveries of aluminium foil recorded for the third quarter of 2003
have declined compared with the same period last year, according to
the latest figures from the European Aluminium Foil Association
(EAFA).
The troubled Sabaté Diosos group posted mixed results for its
latest fourth quarter. Losses in the corking division were cut back
but the barrel division continued to struggle.
Amcor's European packaging operations have come under the
microscope following a rash of profit warnings from global
companies with European operations. But analysts believe that the
company's strong presence in the food...
FMC Technologies, the global provider of energy processing and
production systems for a number of industries including the food
industry, has reported solid third quarter 2002 sales of $525.4
million (€538.6m) for the group as a whole,...
