The global processed egg market was valued at USD 21.62 billion in 2021 and is expected to reach USD 28.35 billion by 2028, at a CAGR of 3.95%, according to data from Introspective Market Research.
Baker & Baker issued tips on how businesses can remain competitive despite current challenges. The report shows that it can no longer be business as usual for bakeries, food service operators and retailers, with only 1 in 5 consumers feeling their spending hasn’t changed because of the cost-of-living crisis.
Scientific results, new materials and innovations in mechanical engineering will be presented through the SAVE FOOD Initiative, as the trade show takes a stand against food waste.
Gira recently published the fourth edition of its European Bakery Companies Panorama, encompassing all the fundamental industry and market data on the European bakery chain. Gira’s research analyzes all the major developments in this globally mature market, with an assessment of their importance for the future.
The global biscuit market is forecast to grow at a rate of 5.90% between 2023 and 2030, when it could reach around USD 172.23 bn, according to research by Market Research Future (MRFR). The research identifies diversity among the market drivers.
While the salty snack market continues to grow, it is feeling some effects from tightened budgets. Mintel research shows those who report their financial situations as struggling/in trouble are most likely (34%) to have decreased year-over-year salty snack consumption.
Bakeries, foodservice operators and retailers feel the impact of the increase in the cost of living, Baker & Baker’s second Bakery Bites report finds.
The fourth annual State of Snacking report published by Mondelez highlights the expanded role of snacking, as it increasingly replaces traditional meals in consumers’ lives.
