Tag Archives: sales
U.S. confectionery market to grow $6 billion in 5 years
UK: market for bread and bakery products grew by 3,4%
Frozen pies and cakes decline, says Mintel study
Cocoa Acquisition Drives Strong Volume Expansion
uergen Steinemann, CEO of Barry Callebaut, said: “I am satisfied with our third-quarter volume growth which was driven by the acquired cocoa business, emerging markets and our Gourmet business. As we continued to focus on increasing our product margins, we concentrated on selective growth in developed markets. While the cocoa powder market remains challenging, we are very satisfied with the integration of the acquired cocoa business.”
Online confectionery sales soar
The record level of online sales over the holiday season has highlighted the fact that many consumers prefer to order their sweets, snacks and various other Christmas goodies online, rather than in-store.
Retailers that have invested in their websites and improved their delivery times have been the most popular among customers. According to retail guru and mobile payment entrepreneur Dan Wagner, main street retailers need to leverage online-style technologies in a converged multichannel model to survive.
Exemplary food safety practices can drive sales
TÜV SÜD’s Safety Gauge investigated product safety practices and consumer attitudes and experiences across consumer goods, electronics and food sectors in five markets. It found overwhelming consumer willingness to pay premiums for products meeting the strictest safety standards, as well as evidence that safety certifications influence purchasing decisions.
Cupcake sales stronger than ever
Cupcakes have gained momentum in the bakery department, with a sales increase of 56 percent in the last five years. While cupcakes hold the third highest dollar share within the cakes category (behind decorated cakes and dessert cakes), cupcake performance drove category growth in the 52 weeks ending May 26, 2012, with a 17.1 percent dollar sales increase compared to the previous year. Cupcakes also continue to gain dollar share within the cakes category, up 1.3 percent, while decorated cakes lost 1.4 share points.