Consumers continue to buy sweet treats as rewards and to celebrate despite higher prices due to inflation, helping confectionery sales reach $48bn in 2023 and potentially $61bn by 2028, according to the National Confectioners Association’s State of Treating report.
This groundswell movement has been gaining popularity, not only with farmers, but also with policymakers, scientists and the public as the consequences of over-farming have become apparent and the need to be more sustainable come to light. What does it mean for the bakery industry?
The American Baking Association’s (ABA) new Board of Directors is comprised of industry veterans from the many facets of the baking business – including BBU, Flower Foods, Richmond Baking, H-E-B and others – positioning it in a strength of power to grow, connect and enhance the industry.