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News & Analysis on the Bakery and Snacks Industries25-Feb-2020
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TOP HEADLINES
Bimbo temporarily shutters Wuhan plant, posts FY revenue just shy of Wall Street expectations
In a conference call with analysts, the Mexican bakery giant’s chairman and CEO Daniel Servitje said the closure – although temporary – is expected to affect figures for Q1 2020.... Read more
PepsiCo’s acquisition of online Chinese snacks giant signals confidence in region
PepsiCo is acquiring one of China’s largest online snacks companies, signalling a willingness to make a long-term commitment in the region despite the coronavirus outbreak.... Read more
Daniel Lubetzky's Equilibra sets its sights on a new category
Greek yoghurt brand Ellenos has received a boost from Equilibra Partners Management, the family office of social entrepreneur and snack disrupter Daniel Lubetzky, founder and executive chairman of Kind Snacks.... Read more
Savoury snack market continues to be driven by ‘health & well-being’ and ‘exotic flavour variations’
The savoury snack market is growing worldwide, driven by a variety of consumer trends including ‘health and well-being’ and ‘exotic flavour variations’, according to tna.... Read more
Beyond rice: Indian government urged to boost cereal production in security drive
Researchers are pushing for India to focus on enhancing its production of crops other than rice, the country’s traditional staple, if it wishes to effectively address its triple threats of food security, climate change effects and malnutrition.... Read more
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Live webinar: The rising challenge of clean label baking
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EDITOR'S CHOICE
Canadian research calls for stricter legislation on marketing sugar-laden cereals to kids
Researchers have highlighted the importance of policies supporting healthy dietary habits among Canadian children after confirming the link of child-appealing marketing tactics to breakfast cereals with excess levels of sugar.... Read more
Still hitting the sweet spot: pladis slashes sugar content in McVitie’s
McVitie’s has cut the sugar content of nine of its biscuits by up to 10%, which will remove an estimated 785 tonnes of sugar from Brits’ diet every year.... Read more
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The rising challenge of clean label baking
Addressing consumer trends versus product quality and process efficiency Clean label bread represents a growing opportunity within Europe. 'Natural' claims have maintained their position as the most common claim made in bread launches over the last five years.
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GLOBAL INDUSTRY NEWS
Kellogg is back in the cereal game and is “playing to win” with aggressive advertising, innovation
After temporarily pulling back commercial support for cereal last year to offset other investments in the category, Kellogg Co. is going all in on the segment with ramped up advertising and innovative new launches planned across multiple iconic brands.... Read more
DSM acquires HMO firm Glycom in €765m deal
Royal DSM has reached agreement to acquire Danish Human Milk Oligosaccharide (HMO) supplier Glycom in a deal worth €765m.... Read more
Double threat: Negative outlook for food retail scene as Hong Kong battles coronavirus and protests
Hong Kong’s sales of food retail outlets have dropped 3% to HK$42.8 billion (US$5.5bn) in 2019, compared to HK$44.3 billion (US%5.7bn) in 2018.... Read more
Half sugar: China’s JK Sucralose to invest $30m in research and production capacity
China-based sucralose manufacturer JK Sucralose is investing in a research institute and factory for its half-sugar project, which will be completed in the second half of 2020.... Read more
PREVIOUS HEADLINES
Parle Products Hashtag Challenge targets Gen-Z gaining 5bn views with its GIF videos
Cameo role in ‘Parasite’ sees sales soar for a Spanish snack
Peeled Snacks snags funding boost to spread social message
Nut production ‘needs to occur in a water-sustainable way’: study
Bokksu poised for exponential growth as consumer demand for snacks, Japanese culture booms
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