Kraft Foods has been hot on the acquisition trail, sweetening its position as the second largest food company in the world. The maker of "billion-dollar" brands like Oreo and Philadelphia recently bought over British chocolatier Cadbury. Pradeep Pant, President of Asia Pacific for Kraft Foods, gives CNBC's Christine Tan the skinny on the acquisitions and what he has in store for Asia's huge emerging markets, China and India.