Supermarket bakeries expected to boost global bakery market growth by 6 percent

Supermarket bakeries expected to boost global bakery market growth by 6 percent

Analysts forecast the global bakery market to grow at an annual rate of 6% by 2020. Technavio, a leading market research company forecast the global bakery market to grow at a Compound Annual Growth Rate (CAGR) of more than 6% during the forecast period. Technavio food and beverage analysts in their study report highlight three […]

Breakfast Cereals forecasted to register the fastest growth in Italian Bakery market

Breakfast Cereals forecasted to register the fastest growth in Italian Bakery market

Breakfast Cereals is forecasted to register the fastest growth among all food categories in Italy until 2020. According to Canadean’s Consumer and Market Insights report on the Bakery and Cereals market in Italy, the bread and roll category has the highest volume share in both volume and value in the overall Bakery and Cereals market. […]

Town’s only bakery closes due to power costs

Town’s only bakery closes due to power costs

  The one and only supermarket in the northern Ontario town of Echo Bay has shut down two-thirds of the shop, mainly due to rising power costs. The saddest part is that we served the community for 37 years lamented Mr Loggy Dinnelle, who runs Dinelle’s Country Market. In fact, it is a full service […]

Greggs shuts down three bakeries; affects 355 jobs

Greggs shuts down three bakeries; affects 355 jobs

The Newcastle-based high street bakery chain Greggs plans to shut down three of its twelve bakery stores which is expected to affect 355 jobs. The premium bakery chain under the new management headed by Roger Whiteside is undergoing massive changes. The company, which has over 1700 outlets crosswise UK, has announced a £100m restructuring plan. […]