Truffles can be brought to a wider population without sacrificing their exclusive appeal, though price remains a factor, according to one supplier of truffles for crisps.
The pressure to reduce costs has had a big influence on food packaging over the last five years, but it could now be time to dust off ideas which offer differentiation and added value.
SPECIAL EDITION: MINIMIZING COSTS THROUGH INGREDIENTS
Rather than innovative formulation changes to manage costs, bakers across the globe are instead going back to basics and cleverly sourcing commodities.
The latest European packaging manufacturer to announce it would be passing on raw material cost increases is UK company Paccor, which makes rigid plastic food packaging.
Reynolds Group recorded a much improved 2012, despite still posting an overall loss, and outlined existing expansion and cost reduction initiatives as aims for this year.
Spartech Corporation has recorded a drop in sales for the third quarter running in its Packaging Technologies Q4 results but insisted it is positioned to capitalise on expanded customer bases in 2013.
Wonder bread and Twinkies maker Hostess Brands has filed for Chapter 11 bankruptcy to allow it to restructure, but does not expect to stop producing or delivering any of its products during the process, the company said on Wednesday.
Bakery ingredients supplier CSM’s planned restructuring programme to offset weak consumer demand will result in 500 job losses, revealed the company when releasing its Q3 interim statement yesterday.
