Food Supply Chain Recovery: Sector Crucial For Economies To Get Back On Track

Top-ranking ministers from the Asia Pacific Economic Co-operation (APEC) have underlined that food supply chains and open trade in the region are crucial to boosting economic revival post-pandemic – but huge challenges persist around tariffs, protectionist policies and simmering tensions between major nations By Pearly Neo Ministers from the 21…

Food Companies Urged To Support Palm Oil Sustainability Schemes In Malaysia And Indonesia

Food brands have been urged to show their support for national, government-backed, palm oil sustainable certification schemes in Malaysia and Indonesia, and overcome their short-term financial objections to secure long-term sustainability. The national scheme in Malaysia, for example, is mandatory for palm oil producers, but not their customers. Such government-organised…

Banana Bread Market Size Worth $1.46 Billion By 2027 Driven By Consumer Health

The global banana bread market size is expected to reach USD 1.46 billion by 2027, according to a new report by Grand View Research Inc., expanding at a CAGR of 3.9 percent from 2020 to 2027. Rising consumer preference for the nutritious and wholesome bakery products to carry a healthy lifestyle is the key factor for the industry…

Bakery Processing Equipment Market To Exceed USD 11 Billion By 2025

According to a report by Global Market Insights, the Bakery Processing Equipment Market revenue is set to rise from USD 7 billion in 2018 to around USD 11 billion by 2025. Furthermore, global shipments are expected to hit 590 thousand-unit shipments by 2025, growing at six percent CAGR during 2019…

Crunchy Granola Bar Lines Expand Product Range

Baker Perkins is expanding its portfolio of granola products with the development of new equipment to make crunchy granola bars. The granola market is expanding rapidly, and Baker Perkins has developed a series of complete system to make a variety of products.  This latest development adds to an equipment range…

China’s Middle Class Driving Growth In Bakery And Cereals

China's Middle Class Driving Growth In Bakery And Cereals is the second-largest in the world with a value of US$34.8 billion in 2016, according to a report by market intelligence company GlobalData. The growing economy, rising employment and increasing demand for convenience will drive a strong growth in the bakery…

Health-Consciousness Fuels The Demand For Functional Dairy Blends

The global dairy blends market was estimated at US$2.18 billion in 2016 and is expected to reach US$4.12 billion by 2023, growing at a CAGR of 9.5 percent during the forecast period, according to market intelligence agency Stratistics MRC.   Asia Pacific is anticipated to witness the highest growth rate…

Bretèche Industrie Changes Name To Linxis Group

Bretèche Industrie Changes Name To Linxis Group An equipment solutions provider for the bakery and dairy industries, Bretèche Industrie is renaming itself to Linxis Group. The management team of the equipment provider and their key financial partner IK Investment Partners have revealed the new name and identity of the company.…
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