Several aluminium foil food packaging developments have been recognised in categories including innovation, convenience and preservation at an international aluminium trade body awards ceremony.
UK-based bakery firm Finsbury Foods has announced improved sales in a first quarter (Q1) trading driven by significant gains in its export business, but high commodity prices continue to squeeze profit margins.
Dutch bakery ingredients supplier CSM has issued a profit warning, claiming it will not meet its earnings expectations due to lower spending from recession hit consumer.
Finnish supplier Raisio has turned in a bumper half-year with earnings before interest, tax and depreciation (EBIT) surging from €10.3m to €16.2m – a 73% rise.
Despite rising wheat and energy prices, Warburtons says it was forced to keep a check on bread prices and increase promotions during 2010 to “maintain its market share”.
Heavy price promotions within biscuits and ambient cakes are likely to end soon, as rising and energy and commodity prices begin to bite, warns research firm Key Note.
Traditional Irish bread manufacturer McCambridge is suing a rival for alleged copying of its bread packaging, claiming that consumer could easily confuse the two brands.
Cargill is introducing three new functional systems to help manufacturers meet growing demand for Asian bakery products, whilst replicating the sensory properties of traditional recipes and improving their healthy profile.
A new stretchable paper may signal the beginning of the end for thermoform plastic trays, Billerud told FoodProductionDaily.com at the Emballage show in Paris last week.
The US Federal Trade Commission (FTC) has proposed changes to its guidelines for ‘green’ label claims to help marketers avoid making statements that could mislead consumers.
A range of compact, lightweight mini-crates designed to transport and display agricultural and retail goods have been launched for the first time in the UK, said packaging firm Van Der Windt.
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.
British bakery group Greggs posted a small rise in underlying sales and said a focus on the breakfast market has left it well placed for growth this year.
Strong performance in the Americas, particularly for bakery ingredients, has seen Associated British Foods (ABF) post an operating profit up 25 per cent.
Norwegian food company Rieber & Son group is selling its Polish ambient cake operation as the group said the category does not fit with its decision to focus on products specially tailored to each country it operates in.
Bemis said a gradual improvement in demand for flexible packaging, especially for shelf-life extension products, was a major factor in it posting better than expected Q4 and year end results.
The $16m costs of acquiring Alcan Packaging Food Americas and strong performance in its flexible packaging sector underpinned Bemis Company’s 2009 third quarter results.
American consumers are reaching for more snacks, and even in the recession organic and premium options are selling well, according to a new report from Packaged Facts.
Branded food and beverage manufacturers are fighting back against private label, according to a Bernstein researcher, and after a switch caused by price ‘sticker shock’ many consumers go back to their favourite brands.
The term cosmeceutical has always been controversial, but the blurring boundaries between the worlds of nutrition and cosmetics are highlighting divisions that neither industry can ignore.
Food and beverage companies should look to Asia to bolster their business in times of economic crisis, while differentiating their products closer to home, according to a Frost and Sullivan analyst.
The economic downturn in the US is leading to strong sales increases for store brand products, but high quality standards need to be maintained to make sure they are long-lasting, experts warn.
Real Good Food today reported a drop in profits for 2007, which the
UK-based firm blamed on ongoing EU sugar reforms as well as the
escalating price of raw ingredients.
An increase in commodity and marketing costs led Heinz to yesterday
report slightly lower margins for the third quarter 2008, despite
sales and operating profit growth.
A new one-step-opening cap for both dairy and beverage cartons can
offer greater convenience benefits for processors and consumers
alike, according to the manufacturer.
Kellogg today said that high commodity costs led to a one per cent
decrease in operating profit during the third quarter, despite a
six per cent increase in sales.
Kraft may be selling the US based cereals business for as much as
$3bn (€2.2bn), because of pressure from new legislation in regards
to advertising to children, according to a report by the Wall
Street Journal.
Private label bakery products continue to hold a strong foothold in
the growing UK market, accounting for 58 per cent of sales by
value, according to a study by Nielsen.
The finishing touches are being added to the new Bradman Lake
Group's packaging machinery facility in Norwich, Norfolk, as the
company continues on its global expansion plan.
The UK bakery market is set for a shake-up as further consolidation
and acquisitions squeeze out under-performing firms and enable
stronger companies to seize sales, according to market analysts
Plimsoll Publishing.
Equipment supplier TNA has introduced its triple jaw vertical
bagging system, capable of speeds in excess of 220 bpm, to the
confectionery market with the machine set to be demonstrated at
this month's ProSweets trade fair.
Hershey-owned organic chocolate company Dagoba has launched four
new additions to its confectionery range to keep consumers
indulging after the new year festivities.
The UK wide bakery chain Greggs is set to push its
already-established brand further into the domestic market and get
a jump on competitors with plans for a renewed focus on marketing,
advertising and internal restructuring.
A new sweetener supplier in the US claims to allow food and
beverage firms to access ingredient supplies from low-cost
manufacturing countries while maintaining Western standards of
quality and service.
