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FROZEN SNACK MARKET
The popsicle was invented by accident: How an 11-year-old boy's forgotten drink created a global treatA simple mistake by young Frank Epperson in 1905 led to a global sensation. He left a soda outside overnight, and it froze on a stick. This...- Mother Dairy targets 20% revenue growth to Rs 24,000 cr in FY27, eyes new marketsWith sights set on a robust 20 percent rise in turnover this fiscal year, Mother Dairy aims to surpass Rs 24,000 crore driven by heightened...
- All Kwality Wall's items to be milk-based next year, says CEO Peter ter KulveMagnum Ice Cream is transforming its Kwality Wall's business in India. The company is moving from vegetable fat frozen desserts to dairy ic...
- Amul, Mother Dairy hike milk prices by ₹2 per litre; new rates effective May 14Leading dairy brands Amul and Mother Dairy will raise milk prices by ₹2 per litre starting May 14. This price adjustment affects various mi...
- Zappfresh in talks for majority stake in GM FoodsZappfresh is in discussions to acquire a majority stake in GM Foods. This move aims to expand Zappfresh's product offerings. The company is...
- Magnum plans three more factories to cash in on India's ice cream crazeMagnum Ice Cream is significantly expanding its operations in India. The company plans to increase its factories from one to four to meet s...
- Premiumisation and expansion into new markets key focus areas: Mother Dairy MDMother Dairy is prioritizing premium products and expanding into new markets. The company is also strengthening its distribution network an...
- Bikaji acquires 55% stake in Ujjain-based Ariba FoodsBikaji Foods International announced it has acquired a 55% stake in Ariba Foods for Rs 60.49 crore, aiming to enhance its frozen food produ...
- Bikano launches range of frozen products in international marketThe demand for Bikano products has been rising steadily over the years in the international market where not only Indians but local citizen...
- Vegetarian frozen foods are getting more shelf space as demand risesFrozen food makers in India are pushing more vegetarian options as demand has increased across the country’s geographies for such snacks. A...
- ITC grows frozen snack business three times during CovidThe company’s business head for frozen and fresh food Ashu Phakey said the frozen food market got a huge boost due to the pandemic, growing...
- ITC to step up focus on frozen food to drive non-cigarette salesThe FMCG giant is backing frozen food in its chase of Rs 1 lakh crore non-tobacco FMCG sales by 2030.
- Mother Dairy frozen vegetable revenue to touch Rs 60 crore markMother Dairy Fruit & Vegetable expects a 10 per cent growth in revenue from its frozen vegetable segment to Rs 60 crore in the current fisc...
- Safal ventures into frozen snacks market, to compete with McCainInterestingly, Safal has timed its entry into the segment when prices of potato have crashed by more than half in the past one month.
- French fries are now one of the largest selling snacks in modern retailKFC and McDonald’s say French fries is among their top three billing items or the largest selling side-dish.
- Vimal Oil to launch snacks and frozen foodGujarat is home to strong regional snack brands like Balaji and Samrat and Vimal would join the snack league by March, said CMD Jayesh Pate...
- Vibrant Gujarat Summit 2013: McCain Foods to invest over Rs 370 crore at its Mehsana plant, says MD Vikas MittalThe investments will roll in from October 2013, he added. Earlier in 2007, the company had invested $ 35 million in the country.
- Yogen Fruz opens its first store in India at KolkataYogen Fruz, which sells frozen yogurt has outlets in 1,400 locations in 30 countries across the globe.
- MTR still under-leveraged brand: Sanjay SharmaFive years after MTR Foods was acquired by Norwegian foods group Orkla Brands International, the formeris in no hurry to bring in Orkla's p...
- ITC looking at domestic frozen food marketITC Foods has drawn up plans to foray into the nascent frozen foods category in the domestic market within the next six-eight months.
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