bakenet:eu – News for the baking industry

Singapore / SG. (fha) In a Euromonitor forecast, the Asian baked goods market is expected to grow from a value of USD 74 billion this year, to almost four percent year-on-year up to 2024. Bakeries and pastry shops are expected to be investing in technology to automate their production lines...

Chipotle: Debuts Debt-Free Degrees For All Employees

Wednesday, 23. October 2019

Market + Management

Denver / CO. (cmg) Chipotle Mexican Grill Inc., known for its best-in-class benefits, announced that it will provide the opportunity for all eligible employees, including crew members, to pursue a debt-free college degree through an expansion of the Chipotle Cultivate Education benefits program...

Meat substitute market to reach 8.1 billion USD by 2026

Wednesday, 23. October 2019

Nutrition + Consumers

Portland / OR. (amr) Allied Market Research published a report, titled, «Meat Substitute Market by Product: Global Opportunity Analysis and Industry Forecast, 2019 to 2026.» According to the report, the global meat substitute industry garnered USD 4.48 billion in 2018, and is expected to garner...

Whole Foods Market: Predicts Top 10 Food Trends For 2020

Wednesday, 23. October 2019

Trends + Concepts

Austin / TX. (wfm) This week, Whole Foods Market’s global buyers and experts revealed the most anticipated and innovative food trends for 2020 in the retailer’s fifth annual trends predictions announcement. Regenerative agriculture, West African foods, meat-plant blends and new...

Nestle S.A.: announces organizational changes

Tuesday, 22. October 2019

Market + Management

Vevey / CH. (nsa) The Board of Directors of Swiss Nestle S.A. has decided to integrate the Nestle Waters business into the Group’s three geographical Zones, effective January 01, 2020. A dedicated Strategic Business Unit (SBU) will be created and report to Patrice Bula, member of the Executive Board and...

NPD Group: about the UK travel hub foodservice market

Tuesday, 22. October 2019

Trends + Concepts

London / UK. (npd) According to NPD Group’s market research Great Britain’s travel hubs – airports, motorway service stations, train stations and petrol forecourts – today represent a distinct foodservice market. The value of the travel hub foodservice market increased by over +11 percent for the year...

Coca-Cola: Reports Continued Strong Results in Q3-2019

Monday, 21. October 2019

Global Industry

Atlanta / GA. (ccc) The Coca-Cola Company continued to execute on its key strategies in the third quarter, with strong revenue growth and value share gains globally. Reported net revenues grew 8 percent and organic revenues (non-GAAP) grew 5 percent, driven by innovation, revenue...

Inspire Brands: Completes Acquisition of «Jimmy John’s»

Monday, 21. October 2019

Market + Management

Atlanta / GA. (isb) Inspire Brands announced the completion of its acquisition of «Jimmy John’s» Sandwiches. With the addition of Jimmy John’s, Inspire now encompasses more than 11,200 restaurants across 16 countries generating more than USD 14 billion annual system sales...

Kroger: to Standardize «Our Brands» Date Labels

Saturday, 19. October 2019

Market + Management

Cincinnati / OH. (tkc) The Kroger Company announced its plan to standardize date labels for «Our Brands» food products, providing simpler, easier-to-understand product quality and safety information as part of its «Zero Hunger | Zero Waste» social impact commitment. Kroger...

Giant Food: Announces Launch of Giant Delivers

Saturday, 19. October 2019

Market + Management

Landover / MD (gf) Giant Food LLC, by own account the leading greater Washington D.C. regional grocery chain, announced the launch of Giant Delivers. Formerly known as Peapod by Giant, the new Giant Delivers brand refresh is part of Giant Food’s «The Little Things Are Giant» platform which...

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FHA-HoReCa: about the rising baked goods market in Asia

Chipotle: Debuts Debt-Free Degrees For All Employees

Meat substitute market to reach 8.1 billion USD by 2026

Whole Foods Market: Predicts Top 10 Food Trends For 2020

Nestle S.A.: announces organizational changes

NPD Group: about the UK travel hub foodservice market

Coca-Cola: Reports Continued Strong Results in Q3-2019

Inspire Brands: Completes Acquisition of «Jimmy John’s»

Kroger: to Standardize «Our Brands» Date Labels

Giant Food: Announces Launch of Giant Delivers

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