Potential buyers for the company, which has 50 % of the biscuit market in New Zealand and is the leading
snack business in Australia, include international food companies Kellogg, General Mills, Nestlé, and China's Bright Foods.
The Snyder's - Lance deal creates a $ 5 billion
snacking business within Campbell, which would make up nearly half of the company's net sales.
When the current Kraft was spun off in 2012, Mondelez inherited the
overseas snack businesses, giving it bigger growth opportunities internationally.
Jack Link is the pioneer of the meat snacks category, and the meteoric rise of his namesake Jack Link's Protein Snacks from a local family business to a $ 1.3 billion
protein snacks business over the last 30 years proves it.
In 2010, Kraft took over chocolate maker Cadbury, but in 2012 spun the firm off as part of its
global snacks business Mondelez, which includes brands such as Oreo biscuits and Trident gum.
The AMENA segment includes its beverage, food and
snack businesses in Asia, Middle East and North Africa.
Adding Snyder's snack brands like Diamond Foods and Pop Secret popcorn will broaden Campbell's
snack business and create a stronger foothold into convenience stores.
Warren was appointed president of Kraft Foods China in 2011, renamed Mondelez International this past October after the company split
its snack business into a separate company.
PepsiCo has no plans to split its drink and
snacks business, despite continued divergent performances of the two.
Feb 13 - PepsiCo Inc's sales topped Wall Street forecasts in the fourth quarter, as higher demand at
its snacks business that makes Doritos and Cheetos made up for a decline in sales of sugary drinks.
PepsiCo Inc's sales topped Wall Street forecasts in the fourth quarter, as higher demand at
its snacks business that makes Doritos and Cheetos made up for a decline in sales of sugary drinks.
(Reuters)- PepsiCo Inc's (PEP.O) sales topped Wall Street forecasts in the fourth quarter, as higher demand at
its snacks business that makes Doritos and Cheetos made up for a decline in sales of sugary drinks.
For example, Pepsi's
snack business had done very well over recent years.
The FLNA segment includes its branded food and
snack businesses in the United States and Canada.
The Latin America segment includes its beverage, food and
snack businesses in Latin America.
The ESSA segment includes its beverage, food and
snack businesses in Europe and Sub-Saharan Africa.
Back by popular demand, Innovation Alley will feature start - up companies just beginning their confectionery and
snack businesses and celebrate their innovative spirits.
While Campbell Soup Co. in recent days has said increasing emphasis will be placed on
its snacking business, the company is not neglecting its fresh bread heritage.
«We realize in
the snack business that just to copy what is already out there is not good enough,» McDaniel says.
The Indian subsidiary of the international confectionery company Perfetti Van Melle has entered
the snacks business with the launch of a new range called «Stop Not».
The SKIPPY ® P.B. Bites successful launch aligned with one of the company's key growth pillars — solving for the on - the - go eating occasion — and has set up the company for further growth in
the snacking business, with the addition of granola and graham cracker options.
I do like PEP's
snack business that gives them an edge in my opinion on KO.
But broadly speaking, Coke's concentration in sugary drinks — and the lack of
a snacks business like Pepsico, Inc. (NYSE: PEP)-- makes it increasingly vulnerable in an era of more healthy eating.
For example, Pepsi's
snack business had done very well over recent years.