Bakery survey shows consumer behavior has changed
Dec 1, 2022 · Rich Products said it launched its ongoing consumer sentiment tracking study in 2020 to monitor changes in shopper preferences and fresh bakery purchasing behaviors across retail, foodservice and e-commerce channels. To date, the company has run 12 stages of the survey with 300 participants each. In addition, the company conducted several ...
Report: Five trends fuel consumer purchasing decisions
10.11.2024. By Zachary Sosland. MISSISSAUGA, ONT. — Ingredients, health and wellness, and sustainability are three of the five key trends driving consumer decision-making for buying and consuming food in Canada, according to a new report from Ardent Mills LLC. In its first “Trend to Table” report on Canada, Ardent Mills surveyed more than ...
Weston Foods finds buyer | 2021-10-26 | Baking Business
Oct 26, 2021 · TORONTO — FGF Brands Inc., which describes itself as “a technology company that bakes,” has reached an agreement to acquire the Weston Foods fresh and frozen bakery businesses of George Weston Ltd. for $1.2 billion. The purchase price represents approximately a 10x multiple on the 2021 estimated EBITDA of the …
Rise Baking to acquire Brill | 2021-06-23 | Baking Business News
Jun 23, 2021 · ATLANTA — Rise Baking Co. has reached an agreement to acquire Brill Inc. from Baker & Baker Group Ltd., a portfolio company of Rhône. Financial terms of the transaction were not disclosed. Headquartered in Atlanta, Brill Inc. specializes in cakes, cookies, muffins, icings, glazes and toppings, with a nationwide footprint and distribution network across the United States, servicing retail ...
Private equity firm acquires J. Skinner Baking
Jun 21, 2024 · OMAHA, NEB., — Stellex Capital Management, a private equity firm, has acquired J. Skinner Baking, a manufacturer of such baked foods as Danishes, muffins, cinnamon rolls, brownies and bars. Financial details were not disclosed. J. Skinner, based in Omaha and founded in 1983, provides ready-to-eat baked foods to grocery in-store bakeries ...
Giancarlo Turano reflects on his family’s legacy
Feb 21, 2024 · Giancarlo Turano, chairman of Turano Baking Co., Chicago, was inducted into the Baking Hall of Fame in 2013 with his brothers for their impact on the artisan bread category and their ability to grow the family business into a multi-plant, nationwide supplier. “We baked breads from the region of Italy our family came from, and we called them ...
How emulsifiers provide dough conditioning in bread
11.11.2020. By Charlotte Atchley. Emulsifiers are common in batter applications for their ability to blend oils and water, but in bread dough, they take on a new role as conditioning systems. “They can improve overall dough stability by strengthening networks of wheat protein and starch during proofing and, ultimately, help produce finished ...
CEO says General Mills has ‘regained momentum’
Sep 9, 2024 · General Mills is scheduled to report 2025 first-quarter results on Sept. 18. For the 2024 fiscal year ended May 26, net earnings declined 4% to $2.5 billion, equal to $4.34 per share on the common stock, from $2.59 billion, or $4.36 per share, in fiscal 2023. Adjusted net EPS was $4.52 per share versus $4.30 in the previous year.
Pro Tip: Appreciating the impact of inulin in baking
Jun 25, 2024 · Inulin is increasingly used in gluten-free baking to enhance the quality and nutritional value of products. Gluten-free baked goods often suffer from poor texture and reduced nutritional content. Inulin helps improve the dough's rheological properties, increases water absorption and enhances the crumb structure of gluten-free bread and cakes (1).
Crumbl Cookies finds success | Baking Business
12.29.2023. By John Unrein. LINDON, UTAH — At first, the ambitious founders of Crumbl understood that everyone might not be accustomed to cookies so large (Crumbl cookies range in size from 4 oz to 5.5 oz). But the overriding message that these oversized sweet treats are delivering — cookies meant for sharing — rose to be the answer that ...