Daily Archives: August 10, 2019

FAO Food Price down slightly in July

      No Comments on FAO Food Price down slightly in July

» The FAO Food Price Index* (FFPI) averaged 170.9 points in July 2019, down 1.1 percent (1.8 points) from June but 2.3 percent higher than in July 2018. The month-on-month decline was the result of lower prices for some cereals, dairy products and sugar, which more than offset somewhat firmer prices for meat and oils. » The FAO Cereal Price Index… Read more »

Share

Government support stimulates sales in the bakery enzymes market

Globally, the bakery enzymes market is posed to surpass a value of US$1,285 million by the end of 2028, according to a new report by Persistence Market Research. The high level of sales in this market is due, in part, to the increasing health consciousness among consumers which has influenced them to choose nutritive bakery food products with a low… Read more »

Share

Balancing Indulgence with Health in the U.S. & Europe

Though the wellness trend has been growing strong across the world, developed countries have had a substantial share in triggering a paradigm shift in consumers’ perception of bakery products. This has opened a whole new world of opportunities for bakery products that are whole-grain, gluten-free, vegan, organic, or simply “healthy” in North American and European markets. The health & wellness… Read more »

Share

Consumer interest in multicultural cuisines drives flavor innovation

Consumer interest in multicultural cuisines and authentic and unconventional taste experiences are driving flavor innovation. “We cater to each season,” says Nick Sakkos, one of the owners of Bravo Bakery in Prospect Heights, Illinois. “We do strawberry, pineapple, peach. We sell slices of cakes that turn into full cake sales.” Catering to the convenience trend, small serve is a great… Read more »

Share

Sara Lee Buys Superior Cake Products From Hostess

      No Comments on Sara Lee Buys Superior Cake Products From Hostess

Hostess Brands Inc. has agreed to sell its Superior Cake Products Inc. in-store bakery business to Sara Lee Frozen Bakery for $65 million in cash, subject to post-closing adjustments. This would be the first acquisition for year-old Sara Lee Frozen Bakery. The transaction is expected to close during the third quarter. “This acquisition accelerates Sara Lee Frozen Bakery’s strategic goal… Read more »

Share

Krispy Kreme introduces Reese’s-filled doughnuts to enjoy

Peanut butter lovers, chocolate lovers, doughnut lovers: you’re ALL gonna love this! Krispy Kreme and Reese’s Peanut Butter Cups are combining two of their biggest innovations of 2019 to give you “more (and more and more)” of what you love in the form of Krispy Kreme’s new Reese’s Lovers Original Filled Doughnuts. Available at Krispy Kreme shops for a limited… Read more »

Share

Barry Callebaut announces groundbreaking of new chocolate factory in Baramati, India

The Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, announced the groundbreaking for the construction of its new chocolate and compound manufacturing facility in Baramati, India – about 250 km south-east of Mumbai. Upon completion, the new chocolate factory and warehouse will include state-of-the-art assembly lines capable of manufacturing chocolate and compound in different delivery… Read more »

Share

MULTIVAC takes over the FRITSCH Group

      No Comments on MULTIVAC takes over the FRITSCH Group

MULTIVAC takes over the FRITSCH Group and further expands its range of solutions for the bakery industry. FRITSCH is a leading manufacturer of bakery equipment with its headquarters in the town of Markt Einersheim in Lower Franconia. The product range consists of high-performance equipment and groundbreaking technology for dough forming and processing. FRITSCH offers the right solution for every size… Read more »

Share

Vital financial support for bakers launched today as Scottish Government and Scottish Bakers deliver

A new scheme has been launched today to provide grant funding to help bakers across Scotland to buy or modernise their equipment. The £125k Scottish Bakers Grant Scheme is now available to small family-run or independent businesses. Welcoming the announcement in June, Rural Economy Secretary Fergus Ewing said, “Small, independent bakers have an important role to play in Scotland, providing… Read more »

Share