News & Analysis on the Bakery and Snacks Industries
Simultaneous cost of living considerations and climate change concerns are prevalent among consumers, changing how and what they buy.
Following a mix up with quantities of ingredients, the UK bakery group created a giant Italian sweet bread – associated with Christmas and instantly recognisable for its tall, domed shape – which it believes will be a whopping hit with consumers, too.
Consumer research by Tate & Lyle reveals almost half of 18-34-year-olds across the UK and Europe tuck into a sweet or savoury baked treat daily. A third of consumers aged 34 and above are doing the same.
Cargill-owned Aalst Chocolate is putting “substantial investment” into insights-driven R&D, customised products, and strengthening of its bean-to-bar supply chain to push growth in Asia and beyond.