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Every year poses its share of market challenges to companies operating in the snack and bakery market, a vital economic sector, which at retail alone accounts for over $100 billion in annual U.S. sales.
Clean labels, decadent desserts, and superfoods among the trends
December 16, 2015
"We're seeing a huge emphasis on clean label, sustainability, functional food, and knowing the story behind a product," says Kay Logsdon, editor of The Food Channel.
New influences, trends and preferences are redirecting many bakers to develop and produce new products. The Food Safety Modernization Act (FSMA) is still a critical issue, as are commodities, private-label products and many business consolidations.