The National Confectioners Association (NCA) and the Association of Chocolate, Biscuit and Confectionery Industries of Europe (CAOBISCO) released a joint statement calling for governments of both the United States and Europe to take urgent action to address sugar shortages.
ingredients
DSM and Firmenich announced they agreed to merge. The partnership, to be called DSM-Firmenich, will work on innovation in nutrition, well-being and beauty.
New legislation requiring calorie information to be displayed on menus and food labels applies to large businesses such as takeaways, restaurants and cafes in the UK, as of April 6, bakeries included.
Angel Yeast announced the opening of its latest food ingredient factory, with facilities that enable automated operation and improved quality control with smart production lines.
Overall, the global bakery ingredients market is set to witness growth at a value CAGR of 6.4% from 2022 until 2032, a report by Persistence Market Research shows. A CAGR of 7.3% is anticipated for South Asia and Pacific.
Royal DSM signed an agreement to acquire Norwegian company Vestkorn Milling, one of Europe’s leading producers of pea- and bean-derived ingredients for plant-based protein products, for an enterprise value of EUR65m.
Consumers increasingly favor better-for-you products, and their additional spare time at home has changed the way they handle eating occasions. These changes are reflected in developments in the bakery industry post-COVID-19.