According to international market analyst Euromonitor, consumers are snapping up more Snickers bars than M&M’s, with global sales expected to surge to $3.57 billion in 2012 to capture 1.8% share of the market.
Kellogg Co. and Wilmar International Ltd. have entered a joint venture for the sale, manufacturing and distribution of Kellogg’s cereal and Pringles snack foods brands in China.
Ralston Foods Foodservice has prepared four snack mixes for on-the-go foodservice sales. Varieties include Traditional, Cheddar, Sweet & Salty Honey Nut and Ultimately Bold. Each variety comes packaged in an 8.75oz bag.
Brynwood Partners VI L.P. has signed a definitive agreement to acquire a controlling stake in the Back to Nature brand food business through a joint venture partnership with Kraft Foods.