The Daily Telegraph takes a look at Kraft and Cadbury in its market report – and decides the two should merge. The Telegraph also notes that chilli sales are on the up and reports that PepsiCo  is set to up its investment in the key emerging market of Russia.

Elsewhere it’s a quiet day for food and drink news.

Plastics companies have for the first time set their own targets to cut waste packaging (sort of) – a move the Daily Mail is more than happy to take the credit for. The Guardian – perhaps not altogether surprisingly – has a different take on the issue.

And that’s largely it.