The move towards healthier diets and lifestyles has been fueling the global sugar-free food and beverage market.
Technavio analysts forecast the global bakery market to grow at a CAGR of more than 6% between 2016 and 2020. The report segments the market into the following four categories:breads and rolls, cakes and pastries,cookies and others.
Strong headwinds look set to impact the sugar industry, with abundant global sugar stocks continuing to weigh on world market prices, according to Rabobank’s Sugar Quarterly Q4. Although prices have been under pressure for some time, projections suggest that world production in 2014/15 will be little different from the previous year. “80% of global sugar production today comes from cane…. Read more »
The U.S. Department of Agriculture (USDA) in its Sept. 11 World Agricultural Supply and Demand Estimates projected carryover of wheat in the U.S. on June 1, 2015, at 698 million bushels, up 35 million bushels, or 5%, from 663 million bushels projected in August, and up 108 million bushels, or 18%, from 590 million bushels on June 1, 2014.
World exports of wheat flour in 2009-10 were once again forecast at a record 12.6 million tonnes of wheat equivalent in an updated report just issued by the International Grains Council. While the trade total was unchanged from the previous forecast of last February, significant revisions were made for both exporting and importing countries.