There is huge potential in sliced bread and rolls in Australia as consumers look for cheap and easy lunch options in the wake of a turbulent economy, an analyst says.
Prolonged drought in northern Europe has already capped yields of cereals and sugar beet and, without significant rainfall over the next two months, could significantly boost prices, warn analysts.
Recent years have seen a steady trickle of dried foods moving away from rigid boxes and glass to flexible pouches and bags, and, in a special edition, we look at why analysts predict this will be the core pack type for dry foods in the future.
General Mills is forecasting ongoing volume growth for the ready-to-eat breakfast cereal category in the US despite the fact that market penetration involves about 90 per cent of US households.
Testing times lie ahead for UK bakery manufacturers, according to
industry analyst group Plimsoll, who say one in four companies are
currently at risk of failure.
The UK bakery market is set for a shake-up as further consolidation
and acquisitions squeeze out under-performing firms and enable
stronger companies to seize sales, according to market analysts
Plimsoll Publishing.