Europe is driving global bakery innovation ahead of the US, representing over half of all new product launches for 2012. But what are some of the ‘most innovative’ products?
There is no “magic bullet” when battling private label competition and a dual tracking strategy that balances brand and private label is risky, a Rabobank analyst warns snack makers.
A new research and development (R&D) center will enable Snyder’s-Lance to deliver category-expanding, innovative new products for 2013, its president and COO says.
Barry Callebaut has unveiled new cocoa and chocolate products at ISM in Cologne, including Cameroon origin cocoa for baked goods, and single origin chocolate from Cameroon and Java.
Mexican Coca-Cola bottler Arca Continental (AC) has bought two snack companies as it seeks to deepen its hold in the ‘highly complementary’ snacks arena.
Premier Foods will shut two bakery sites and remove 130 distribution routes at a cost of £28m ($44.5m); a move sparked by its lost Co-op bread contract.
Italian firm Barilla Holding has announced its intentions to sell German private label bakery business Lieken in order to focus on branded bakery and growth in its pasta, sauces and ready meals businesses.
According to Mintel, a leading supplier of competitive media and
product & consumer intelligence, the snack market is becoming
increasingly varied as the industry continues to pursue innovation.
The addition of two major grocery brands (Mazola and Ovaltine)
helped lift sales and profits at Associated British Foods in the
last 12 months. But the traditional ingredients, agriculture and
retail businesses also improved during...
