The snacks sector continues to make a massive impact on the US economy, employing 395,000 workers in direct and allied sectors, generating $15 billion in wages and contributing $11 billion in tax revenue.
Ferrero would become the ‘third largest player in chocolate confectionery in the world if it successfully acquires Nestlé’s US candy business, a deal that is expected to come through by the end of this week, said Euromonitor.
Hershey’s acquisition of Amplify Snacks has made the chocolate company the second largest popcorn producer in the US market, ‘second to Frito-Lay,’ who owns Smartfood, said Euromonitor analyst Jared Koerten.
The confectionery division of impulse snack and confectionery foods group Glisten, reported an increase in sales by three per cent to £16.2m, with operating profits also up seven per cent to £1.5m in its interim results announcement for the six months...
Food chemists bring new knowledge to cut costs in the steady
European popcorn market, identifying a key crystalline structure in
popcorn that appears to determine its popping quality, reports
At the Food Ingredients Europe Exhibition, held in Frankfurt,
Danisco have received one of three food ingredient awards for its
'revolutionising Grindstead Barrier System', a water barrier
device that makes it possible to...
US filling equipment provider All-Fill has introduced two new
volumetric cup filling machines. Both machines debuted at the
recent Pack Expo and are for dry granular filling requirements,
such as seeds, popcorn, snack foods or confectionery.