News & Analysis on the Bakery and Snacks Industries
Finnish food company Fazer is investing €30m ($33.1m) in its oat milling business to strengthen its position in Northern Europe and meet the growing demand for 'healthy and sustainable oats'.
Bakery innovation
Equipment manufacturers are investing ‘huge sums in R&D’ to enable bakers boost operational efficiency and develop application-specific products to meet exacting consumer demands, according to Global Market Insights.
1-800-FLOWERS.com, Inc. has invested in its digital shopping experience with the addition of subscription services, personalized gifts, mystery boxes and a ‘gift finder’ that tailors results based on answers to three quick questions.
Los Angeles-based Platinum Equity has entered into exclusive negotiations with Qualium Investissement to acquire Biscuit International, the leading European manufacturer of private label sweet biscuits.
Frito-Lay has released another edition of its snack index, discovering that younger consumers prefer savory snacks while boomers retain their sweet tooth.