United Biscuits says it has separated its snacks business after various rumors over recent weeks, signaling the possibility of a sale, and names ex-Kraft U.K. president as the new chief executive to head up the business. The snacks business will also be renamed KP Snacks.
Nestle USA says that its U.S. operations will soon be led by its current head of business in the U.K. and Ireland, Paul Grimwood. Grimwood becomes CEO and chairman of Nestle USA in October. In September, Tracey Belcourt will join Kraft Foods as executive vice president, strategy, leading mergers and acquisitions activities for the global snacks company, Mondelez International Inc., and evolving and implementing the company's growth strategy.
A lawsuit forces General Mills to defend the accuracy of its ‘Natural’ labeling claims on its Nature Valley products. The labels state the products as natural when they contain highly processed ingredients.
Nabisco’s Honey Maid crackers dominate the graham cracker category, with a 49.4% market share, according to SymphonyIRI Group. But Kraft Foods has done little advertising to assert that position until now. Kraft is launching a major marketing effort, with new products and a campaign that promotes the brand as a standalone snack for children.
Brazil is a sizzling-hot topic these days, especially where consumer packaged goods (CPG) are concerned. CPG companies are eyeing Brazil as a key portal for future growth opportunities. But to tap into market opportunities, what will it take to launch successful food and beverage products there?
The June meeting of the Baking Equipment Manufacturers and Allieds (BEMA) drew historic numbers, with the Baker Viewpoint panel being a main attraction to the event.
Scheduled for Sept. 9-11 at the George R. Brown Convention Center in Houston, All Things Baking, a retail trade event, this year will give exhibitors free passes to invite customers to the show. The retail trade event provides education, participatory demonstrations and a full scope of new products and services to help keep the baking business competitive, profitable and on top of the trends.
Snacking is really evolving this year, taking on a more important role as a meal substitute in daily eating. For the opening ceremonies, we offer a peek at the many updates in snacks.
Snacks are hanging tough despite the foot-dragging economy, as nearly one-quarter of consumers struggle to make ends meet. But snackers are snacking more frequently, and the products they’re eating play a more important role in wellness- and indulgent-related eating occasions.