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Cadbury puts up popcorn business for sale
Leading confectioner and drinks company Cadbury
Schweppes is planning to sell its UK-based popcorn and
toffee divisions as it hopes to bring some changes to its
extensive global portfolio.The multi-national firm, famous for
Dairy Milk and Dr Pepper's, will off-load the sugar
confectonery and popcorn business Monkhill, which has
four manufacturing plants and one distribution centre in the
UK. The sale that would indicate a shift in the firm's global focus from fizzy drinks and sideline
confectionery products to key brands and gum manufacturing is expected to finalise by the
end of this year.More>>
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In
The Current Issue Of TFPJ |
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GenNext food machinery
Preferences for greater food variety,
changing demographics (the prevalence
of one-person households) and
changing lifestyles play a role in driving
market expansion for processed food. For
instance, demand for food processing
equipment in the bakery segment is expected
to increase due to the growing popularity of
ready-to-eat, takeaway meals and snacks
rather than traditionally home-cooked, set
meals. This means that the market for food
machinery is going to expand in a big way.
The Indian food scenario presents a picture of
enormous potential, as much of the
agricultural produce goes waste without
processing.....
More>>
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Cover
Story |
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Sea link-Part II
Say no to plastics' is what we have
been hearing for a long time now.
But when it comes to putting this
term into practice, it seems to be a tough job,
especially in the food packaging industry.
Manufacturers of packaging materials are
in absolute awe of this wonder material,
thanks to its low cost and abundant supply,
good tensile and tear strength, good barrier
properties to O2, aroma compounds and heat
sealability....
More>>
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