Kerry Group could spend up to EUR1.5bn (US$2.1bn) on acquisitions in 2011, the Irish food maker’s CFO has revealed – although he suggested the company would look at deals of “any size”...

US spice brand McCormick said on Tuesday that it is “operating effectively in a tough environment” as it recorded net profit growth during the first quarter. The company said that net income...

Ebro Foods’ two planned acquisitions in the rice sector will be a “new step forward” for the Spanish food group, the company’s chairman and CEO has insisted. Antonio Hernandez Callejas...

The US has joined a growing list of countries who have imposed restrictions on the import of Japanese food over fears of nuclear contamination. The Food and Drink Administration (FDA) has restricted the...

The EU is pushing ahead with changes to sugar quotas in order to combat current high sugar prices and short supplies. The EU’s agriculture management committee has backed opening duty free import...

Nestlé has announced plans to double production of Nescafé Dolce Gusto coffee capsules, with a CHF 64 million (A$67.7 million) investment in a new international production line in Spain, creating 150...

Private-label sales could account for 50% of the global food retail market by 2025, putting pressure on manufacturers of brands that do not lead their categories, research group Rabobank has predicted. In...

Retailers are facing “promotional fatigue” and are looking to better target their offer to consumers through a “360-degree” understanding of their needs, according to software company...

General Mills yesterday booked a 1% increase in year-to-date earnings and sales and insisted that it expects growth to accelerate in the final quarter of the year.For the first nine months of fiscal 2011,...

New Zealand dairy co-operative Fonterra has today reported a net profit after tax of NZ$293 million, or 21c per share, for the six months to 31 January 2011, marking the first time Fonterra has reported...