Compound Annual Growth Rate

Bakkavor wants to ‘accelerate’ in international markets

Bakkavor wants to ‘accelerate’ in international markets

By Katy Askew

Bakkavor, the leading UK fresh prepared food manufacturer, wants to “accelerate” its growth in “high potential” international markets like China and the US while continuing to benefit from category growth in the UK.

Euromonitor downgrades global growth rates 2 points to 2.3%. © iStock

Global packaged food market set for downturn

By Niamh Michail

Emerging market slowdowns are having a knock-on effect on the global packaged food market, according to market analyst Euromonitor, which has downgraded its growth forecast for the next five years. “It’s understandably of a concern to many in the industry."

Mondelēz unveils Russia strategy for Oreo

Mondelēz to ramp up Oreo distribution in Russia

By Oliver Nieburg

Russian biscuit market leader Mondelēz International has begun producing Oreo in Russia and plans to enhance distribution and marketing support to leverage the brand.

Tougher to market sugar confectionery in Europe as regulators crackdown on sugared products directed at kids, says Companiesandmarkets,com

Sugar disquiet to hurt Europe’s candy market

By Oliver Nieburg

The European sugar confectionery market is forecast to decline in the next few years as regulators and consumers consider the impact of sugar on public health, according to a report by Frost & Sullivan.

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