Latest News in the food Industry

Bakery & Snacks

Smuckers, Hostess deal latest food industry mega merger

Smuckers, Hostess deal latest food industry mega merger

2 Oct 2023

The J.M. Smucker Co. is to acquire fellow American snack company Hostess Brands for approximately $5.6 billion, following several other high-profile mergers in food and snacks so far in 2023.

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Position snacks as affordable staples, says Euromonitor

Position snacks as affordable staples, says Euromonitor

13 Mar 2023

With snack sales impacted by the Covid-19 pandemic, war, and inflation, 2023 could see a slowdown in growth with a consumer focus on value, says Euromonitor. Where are the opportunities for food and beverage brands?

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