date:Jun 07, 2012
Kraft - which like Sara Lee believes the sum of its parts is worth more than the whole - is preparing to split into two publicly traded companies (global snacks and North American grocery) before the year-end.
In an update on its RD activities ahead of the split, executive vice president, research, development quality, Jean Spence said new products generated 10.5% of net revenues in 2011, up from 7.4% in 2009.
Unique baking technology
The most significant innovations included its MiO liquid