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 next five years.
A savvier group of customers want healthier products with fewer preservatives and ingredients, a trend one bread executive says will continue for a long time.
Bimbo Bakeries USA is recalling six brands of bread products after a broken light bulb at one of its bakeries means they could be contaminated with fragments of glass.
Grupo Bimbo’s acquisition of Saputo Bakery is a surprise because the Canadian packaged cake firm is unprofitable and struggling, says Euromonitor International.
The secret to successful innovation is about taking risks, being open to failure and trying again, says the vice president of innovation at Grupo Bimbo.
