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News & Analysis on the Bakery and Snacks Industries26-Feb-2020
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Ultra Fresh® Sweet delivers freshness that never disappoints, no matter when customers take it home. Let's create deliciously fresh baked goods that stay that way... click here
TOP HEADLINES
Mondelēz expands into ‘new on-trend consumer spaces’ with indulgent nibble of two-bite brownie owner
Mondelēz International is expanding into the bakery category with a $1.2bn acquisition of a majority stake of Give & Go Prepared Foods Corp from private equity firm Thomas H. Lee Partners.... Read more
Cameo role in ‘Parasite’ sees sales soar for a Spanish snack
The story of how a relatively little-known Spanish producer’s canned Patatas Fritas snack was thrust onto the world stage after appearing in a Korean Oscar-winning film is a prime example of the effect brand licensing can have on a product.... Read more
Sara Lee snaps up National Pie Champion
Sara Lee Frozen Bakery is acquiring Cyrus O’Leary’s Pies for an undisclosed sum, which will significantly expand Sara Lee’s presence in the instore bakery category.... Read more
Research reveals 11:50am is the optimum time for a snack at work
Nestlé Professional has launched a range of Nature’s Heart naturally indulgent and responsibly sourced treats to sway those pre-lunch cravings.... Read more
Parle Products Hashtag Challenge targets Gen-Z gaining 5bn views with its GIF videos
Parle Products has become the first FMCG brand within the Food Category in India to launch a social media campaign using GIF videos.... Read more
Systech to join Markem-Imaje following Dover acquisition
Dover Corporation has acquired Systech International (Systech), which will now join Markem-Imaje, product identification and traceability business, as part of Dover’s Imaging and Identification segment.... Read more
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Live webinar: The rising challenge of clean label baking
Live webinar: The rising challenge of clean label baking
Register now and join experts from Mintel and DuPont who will walk you through the latest trends, market insights, but also trade-offs & options for cleaner label baking... click here
EDITOR'S CHOICE
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
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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.
12-Mar-2020
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GLOBAL INDUSTRY NEWS
CARE and Mars expand collaboration to help women cocoa growers in Côte d’Ivoire and Ghana
Mars Wrigley has announced a $10m investment to support women’s empowerment in cocoa-growing communities, working with CARE to build on the success and learnings of their Village Savings and Loans Association (VSLA) initiative.... Read more
Babies and probiotics: Bill Gates-backed probiotic firm to embark on research in Singapore, Hong Kong
Evolve BioSystems, the US-based microbiome firm supported by big name investors Bill Gates and Li Ka Shing, will soon embark on local research in the APAC region, namely Singapore and Hong Kong.... Read more
Coronavirus: ‘Food excellence could fall into the eye of the hurricane’ Italian food sector warns
As Italian authorities struggle to bring the coronavirus outbreak under control and put together a support package for business, Italian industry associations and food sector representatives warn of the potential impact on the food sector.... Read more
Insect start-up raises US$2.1 million to automate Thai farm and develop new cricket products
Germany’s SENS Foods and it’s Thailand-based farm business, The Cricket Lab, have raised €1.9 million (US$2.1 million) in funding to help further automate and launch new products in the market.... Read more
PREVIOUS HEADLINES
There’s still a place on the table for sugary breakfast cereals
Daniel Lubetzky's Equilibra sets its sights on a new category
Beyond rice: Indian government urged to boost cereal production in security drive
Savoury snack market continues to be driven by ‘health & well-being’ and ‘exotic flavour variations’
Peeled Snacks snags funding boost to spread social message
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