At the UIBC Congress held in Munich, the association’s new president was elected: Dominique Anract replaces Günther Koerfferas.
News
Taking place from January 28 to 31, 2024, ProSweets Cologne will bring together over 250 exhibitors from over 25 countries representing the international supplier industry for sweets and snacks. Together with it, its traditional counterpart, ISM, will also be held.
Dr. Oetker launched THE BIG DOUGHNATION, a four-week campaign to benefit Food Banks Canada and those facing the challenge of food insecurity – and is encouraging Canadians to help reach a CAD 150,000 target.
The European Bank for Reconstruction and Development (EBRD) is lending EUR 90 million to help the Romanian subsidiary of Lantmännen build a new bakery. Lantmännen Unibake Romania will build the facility in Bucharest and will use it as a central production hub, supplying countries in Central and Southeast Europe, according to EBRD.
Trade visitors welcome iba’s comeback. This October, 1,073 exhibitors from 46 countries showcased their latest developments in 10 halls, for 57,000 visitors from 150 countries attending the show. The fair in Munich saw full aisles for an anticipated industry reunion. By comparison, more than 77,000 trade visitors from around 170 countries came to iba in 2018. In total, over 1,300 companies exhibited 5 years ago.
Grupo Bimbo’s net sales in Q3 – 2023 reached a record level excluding FX rate impact, growing 8.2% due to favorable price/mix across regions, according to its results for the three months ending on September 30, 2023. Its adjusted EBITDA reached historic levels, Bimbo reports: excluding FX rate impact, it increased by 9.5% and the margin expanded 50 basis points, reaching 14.6%.
WECARRY from Germany is the recipient of the first iba.START UP AWARD. The public voted for their favorite new concept out of the 24 startups at the show via the iba.UNIVERSE online tool as well as on-site throughout the trade fair.
Consumers have accepted the inevitability of uncertainty and have adopted a day-to-day focus, striving to protect their physical and emotional wellness, research by FMCG Gururs finds.
Lin Yeqiang and Feng Yingjie from China won the 2023 iba.UIBC.CUP of Bakers. Teams from 12 countries competed live for the gold medal this year at iba. Working in teams of two, 12 nations took on the challenge. They included the best bakers from Peru, Japan, France, China, Greece, Germany, Korea, Iceland, Mexico, Brazil, Chile and Italy.
The global clean-label ingredients market is projected to reach USD 80.69 billion by 2030, at a CAGR of 6.9% from 2023 to 2030, according to a study published by Meticulous Research. Growing consumer preferences for organic and natural ingredients, increasing focus on health and wellness, growing health concerns associated with artificial ingredients, growing consumer demand for clean label meat alternatives, and rise of E-commerce and online grocery shopping are some of the factors driving the growth of the clean label ingredients market.
