Marketplace Knowledge
Turning insights into innovative new products
Our long history and marketing talent in food ingredients gives us a unique perspective on the bakery category and the consumer behaviors/trends that are driving it. We develop valuable insights to help our customers enhance their current products and create innovative new products that drive sales for their brands. What trends are impacting the bakery category? Read on.
Spending smarter
With elevated food prices and an uncertain economic outlook, consumers are “trading down” by eating meals at home and concentrating on low-frills shopping. Private-label products are gaining ground on brands, and bakery snack purchases are dipping at C-stores and in vending. But opportunities still abound, and you can grab them by refining your product mix to meet the changing needs of today’s bakery consumer.
Conscientious consumption
This movement is growing beyond merely purchasing increasingly popular natural and organic products, to include such things as buying local. Bakery product manufacturers are responding by: using more sustainable production methods (e.g., limiting CO2 emissions) and minimizing “food miles”; using “Fair Trade” chocolates; donating a portion of profits to certain causes; and using recyclable and/or less packaging to reduce impact on the environment.
Some Cargill products are only approved for use in certain geographies, end uses, and/or at certain usage levels. It is the customer's responsibility to determine, for a particular geography, that (i) the Cargill product, its use and usage levels, (ii) the customer's product and its use, and (iii) any claims made about the customer's product, all comply with applicable laws and regulations.
