With a universal increase in the consumption of ready-to-eat foods and rapid urbanization around the world, a new market insights report entitled Baking Ingredients Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2016-2014, foresees a market that was valued at US$11.79 billion in 2015 growing to US$18.13 billion by 2024, with a compound annual growth rate of 4.9 per cent.
Acquisitions have two leading donut makers taking different paths. Hostess Brands, Inc., after being acquired by Gores Holdings, Inc., became a publicly traded company. Krispy Kreme Doughnuts, Inc. turned into a private company after JAB Beech, Inc. acquired it.
Barry Callebaut AG has successfully closed the acquisition of the chocolate production facility from Mondelez International in Halle, Belgium.
Lesaffre acquires Sensient’s Strasbourg yeast extract food business in order to widen its range of yeast extracts products
The ISM Cologne exhibitors and visitors will have the opportunity to understand the current ingredient, product and consumer trends as well as new marketing platforms over the course of the four exhibition days, January 29 – February 1. The first day of the fair starts with the “Forum of Sustainable Cocoa” event, where international experts will discuss the theme “Cocoa… Read more »
The gluten-free market is increasing at such a rapid pace that a new industry association has been officially set up to support companies in the gluten-free space. Britain’s annual sales of gluten-free products has increased 26.7 percent in the last two years, currently worth £585.6m (US$711.2 million) and sales are projected to reach £673 million (US$817.2 million) by 2020. Gluten-free… Read more »
Turmeric is becoming well known for its health benefits and flavour profile
London-based firm Technavio says demand of organic, sugar-free chocolate continues to grow.
If 2016 taught the restaurant industry anything, it’s that diners not only want to know what’s in their food, but also what’s being kept out. Consumers are clearly sending the message that unhealthful items, such as artificial preservatives, colors and flavors, as well as a growing list of questionable additives and genetically modified foods are unwanted. And they’re willing to… Read more »