Associated British Foods will see sugar profits soar this year as a result of increased production and lower processing costs, according to city analysts.
Food manufacturing giant Kraft has confirmed that UK chocolate firm Cadbury had generated sales of about £257M ($400) since its controversial takeover last year.
Price rises in coffee and other commodities have lead to “significant gains” for US snack firm Kraft after it announced positive financial results in Europe for the seventh consecutive quarter.
Despite robust overall growth, Kraft is still suffering from costs associated with its £11.5bn Cadbury purchase, according to the US giant's full-year accounts.