Katjes Greenfood acquires Genius Foods
Germany-based Katjes Greenfood acquired the British free-from baked goods company Genius Foods Limited from Edinburgh.
Germany-based Katjes Greenfood acquired the British free-from baked goods company Genius Foods Limited from Edinburgh.
Baker & Baker reported a turnover of EUR 450 m and 14% growth in its first year as a standalone business.
The Greater Knead, a manufacturer of New York-style bagels, introduced Soft Pretzel Nuggets, made with natural, premium ingredients and are certified gluten-free, Top 9 allergen-free, Non-GMO Project Verified, vegan, and kosher.
Many bakeries use other cereals and pseudo-cereals such as amaranth, quinoa and buckwheat, looking to add new sensory experiences to their range.
The plant-based trend is growing from a flavor-of-the-moment favorite into a sustainable, long-term trend. Opportunities in baking are ripe for the picking, as long as technical formulation challenges are weeded out.