
Bakery ingredients prices set to rise further – The Smart Cube
Global commodity prices for key bakery ingredients are expected to be impacted by reduced harvests and tighter supply, according to research firm The Smart Cube.
Global commodity prices for key bakery ingredients are expected to be impacted by reduced harvests and tighter supply, according to research firm The Smart Cube.
The value-added ingredients businesses, Meadow, has acquired the fruit and confectionery sauce manufacturer, Naked Foods Limited.
UK-based JDM Food Group has announced a merger with US company Henry Broch Foods, creating a new parent company, Jardins and Broch.
The assessment of the non-sugar sweetener aspartame has been released, ruling that the daily intake recommendation will remain the same.
Prices of raw sugar and cocoa touched 10-year and seven-year highs respectively in April 2023 due to tight supply and rising demand for both commodities.
Ingredients business Kerry Group has reported growth of 8.5% in the first quarter of 2023.