News briefs: Nestle results, Bel Group buy
This week, Nestle continues to profit from its nutrition focus and the Bel Group looks to expand into Czech cheese production.
This week, Nestle continues to profit from its nutrition focus and the Bel Group looks to expand into Czech cheese production.
US confectionery firm Cadbury Adams yesterday pledged to stop advertising Bubblicious Gum to children under 12, the last product in its portfolio to come under a nationwide initiative.
Functional foods have been one of the strongest sectors within the broader food industry for more than a decade but the good times may be coming to an end - at least in the UK, according to Mintel research.
The global commodity market continues to worry confectionery and sugar firms, as AB Foods profit is dented by sugar reforms, Nestle combats costs with price hikes, and Cadbury may be ripe for takeover.
The US market for soy foods and beverages is poised for strong growth as consumer awareness of the health benefits of soy increases, according to a new report.