News & Analysis on the Bakery and Snacks Industries
The global market for flexible packaging is projected to be worth more than US$71bn with worldwide consumption set for annual growth of more than 4 per cent to reach almost 22.5m tonnes by 2016, said a new report by Pira International.
The EU is set to abolish the system of sugar production quotas for the bloc as well as guaranteed minimum prices from 2016, according to a Brussels source.
In anticipation of stevia approval in Europe, leading producer, PureCircle, has announced that it is setting up its European headquarters in the UK to support customers in their launches throughout the region.
Kraft has confirmed that it has chosen Cadbury’s site in Bournville as the site of a new chocolate centre to “drive new product development and new technologies” for chocolate brands.
International Paper (IP) has unveiled plans to take over fellow US corrugated packaging outfit Temple-Inland in a deal worth US$4.3bn (€3bn).
A new study has shown that rye or wheat bran fortified breads treated with a particular xylanase can yield good quality breads with a prebiotic effect.