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Trends > Emerging Markets

Emerging Markets

Emerging Markets

Manufacturers in their swarms are flurrying to emerging markets like Brazil, Russia, China and India to cash in on booming populations that have money to spend. But it isn't a simple 'shift' of business model. Companies must work hard to carefully tailor products and marketing to very different and varied consumer groups.

Britannia bucks 'sluggish demand scenario' to deliver double-digit growth

Indian bakery and dairy business Britannia Industries has reported consolidated revenue growth of 10% to $325.4m (Rs. 2,224 crores) in its third quarter, and 12% growth for the year up...

News in brief

Avure to expand its HPP capabilities in Mexico

Avure plans to expand its HPP (high pressure processing) capabilities across Mexico by hiring Edmundo Romo as business development manager for the region.

APAC opportunity: The trends set to drive Asia-Pacific bakery market growth

Rapid urbanization and rising demand for convenient and gluten-free foods foods has been tipped to drive more than $3bn growth in the Asia-Pacific (APAC) bread and rolls market over the...

Blendhub Corp to host first international event in Dubai

Blendhub Corp. will host its first international event, the ‘Professional Network’ to coincide with Gulfood 2016, in Dubai, on February 24.

News in brief

KraussMaffei Group to expand in China

ChemChina, one of China’s largest chemicals group, is set to acquire KraussMaffei Group and its brands KraussMaffei, KraussMaffei Berstorff and Netstal, for €925m.

Olam aims to tap growth in Nigeria wheat market with $275m BUA acquisition

Raw materials supplier Olam International is aiming to tap rising demand for wheat-based products in Nigeria with the acquisition of wheat milling and pasta production facilities from BUA Group.

EquipNet opens office in Brazil after surge of international firms moving to the region buying pre-owned equipment

EquipNet has opened an office in Sao Paulo because it says it has seen an increase in the use of pre-owned F&B manufacturing equipment, due to an increasing number of...

Extreme weather may bring change in baking practices, claim crop researchers

Bakers may need to alter production techniques in the face of climate change, according to the authors of a new study on the impact of drought on cereal production.

Lorain branded youtiao 'doughnuts' rolling out to 400 Walmart stores in China

Chinese manufacturer American Lorain Corporation has secured listings with Walmart for its doughnut-style youtiao.

News in brief

Arabian Can Industry joins Empac

Arabian Can Industry has joined Empac, European Metal Packaging association as its second international associate member.

Genius gluten-free bakery to expand further into frozen food sector

Genius Foods gluten-free bakery will expand further into the frozen food sector following its acquisition of frozen pie-maker Chapel Foods.

News in brief

Toyo Ink Group to expand into packaging with DYO Printing Inks acquisition

Toyo Ink Group is to acquire 75% of shares of DYO Printing Inks in Turkey to expand its inks and coatings in the packaging market, including materials for food packages.

News in brief

Nissin buys Jinmailang out of Chinese noodle joint-venture

Nissin has ended its joint-ventures with Jinmailang so it can focus on supplying premium products to the Chinese market.

‘These are conscious meal replacements’: Snacking becoming the norm

There’s a “macrodynamic shift” happening in how we eat as a culture, according to a report from The International Dairy-Deli-Bakery Association, and snacking has become a part of daily life....

Urbanization adds to cereals huge growth in India

India’s breakfast cereal market has grown over 22% per year since 2009 as America’s cereal industry awaits a full recovery.

NCA’s Sweets and Snacks Expo to grow 20% in 2016

The confectionery industry is growing, and with it the National Confectioners Association’s 2016 Sweets & Snacks Expo will grow as well.

News in brief

Health consciousness drives lightning breakfast cereals growth

India's breakfast cereal market has grown at an annualised rate of just over 22% since 2010, with Kellogg's, Bagrry and PepsiCo Quaker together capturing more than three-quarters of the market. 

China direct

Dali Foods to lead renewed Chinese IPOs activity after moratorium ends

Dali Foods will be floated after Chinese companies were given the go-ahead to resume IPO activity in the wake of emergency measures that were designed to prevent a plunge in...

Exo launches new line of savory cricket bars

Exo will launch three new savory cricket bars this year, the company has announced.

DuPont launches PowerMill enzyme for efficient baking

DuPont has launched a new enzyme, which the company said will help millers improve extraction rates, as well as save time and money.

Small packs for developing world to help global breakfast cereal top $40bn: Technavio

The global breakfast cereal market’s revenue is expected to balloon from $34.8bn in 2014 to $40.3bn in 2019, according to a research from Technavio.

Puratos CEO: The future of bakery in sourdough and innovation investment

The CEO of Puratos says an age-old ingredient of bread is key to future industry success.

DISPATCHES FROM PURATOS TASTE TOMORROW EVENT

Old products with a new twist: How to get consumers to experiment with new baked products

Consumers want to experiment with what they eat, one bakery executive said, but they want to do it within the confines of familiarity. 

DISPATCHES FROM PURATOS' TASTE TOMORROW EVENT IN CHICAGO

Customization essential to innovation in bakery

Customization is the key to giving consumers what they want to see from the bakery industry, according to one industry consultant.

Q&A with Cargill

Cargill says Omega-3s poised for growth in snacking

Omega-3 supplementation will make waves in the bakery and snacking industry, says Cargill's specialty seeds and oils chief.

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