The active, intelligent packaging industry will double in size from €15bn in 2015 to €32bn in 2022, according to AIPIA (Active & Intelligent Packaging industry Association).
Muller Quaker Dairy, the joint venture between PepsiCo and German dairy giant Theo Müller Group, has officially opened a $206m, 350,000+ square foot factory in Batavia, New York - one of the largest yogurt manufacturing plants in the US.
PepsiCo CEO Indra Nooyi says the firm has a ‘terrific position’ as the top food and beverage business in Russia, where 10% organic revenue growth in 2013 helped offset weaknesses in Western Europe.