Global savoury snack sales are predicted to top £103bn ($138bn) by 2020, as the ‘snackification’ trend continues to grow, according to new research from consumer insights firm Canadean.
Nestlé is counting the cost of its Maggi noodles recall, after admitting it had “a significant impact” on regional performance in third-quarter results posted today.
Diageo’s first quarter (Q1) results were “a miss” for one analyst, while another claimed its performance was “muted” for the three months to September 30.
A double whammy of low consumer confidence in developed countries and lower growth in emerging markets combined to subdue Nestlé’s half yearly trading performance, figures published today reveal.
The cold spring and problems in emerging markets are likely to put a chill on Unilever’s second-quarter and half-year results, predicts City analyst Investec.
Few advanced economies can measure up to the potential of emerging markets, which have been forecast to exhibit the fastest growth rates for food and non-alcoholic beverages over the next five years, according to a new report from global law firm Linklaters.com.
The launch of the Magnum Infinity range in Europe helped Unilever to sales growth of 8.4% with turnover up by nearly 12% to €12.1bn in the first quarter of this year.
UK consumers’ growing demand for value-for-money spiced by the occasional luxury has impacted results at confectionery giant Nestlé after the firm predicted a cautious outlook for this year.
Scottish sausage skin maker Devro is seeing growth due to rising meat consumption in emerging markets and the demand for conversion of casings from gut to collagen in animal hides.
Stable Micro Systems has developed a test to evaluate how much spring there is in a loaf, and thus how fresh it is.Used in conjunction with a texture...
