Milling & Baking News - January 7, 2014 - 4

Contents 

January 7, 2014 Vol. 92, No. 23

 STOCK MARKET REVIEW

 NEWS Comment

Story on Page 1

Solid gains for grain-based
shares amid extraordinary
bull market

Population slowing
presents challenge
to grain foods

Index up for fifth straight year but
lags broader market measures

10

Global demand strengthens
for ancient grains

Global new product launches for quinoa
increase five-fold over a five-year period,
according to Innova Market Insights. Chia also
rises in popularity.

A shakeup in the
donut kingdom
McKee, Bimbo, Flowers
gain market share thanks to
Hostess hiatus

Story on Page 24

11

As companies focus on debt reduction, large
scale merger and acquisition activity in
packaged foods appears unlikely, according to
Fitch Ratings.

15

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DEPARTMENTS
7
9
14
15
27
29
30

Editorial
Business
People
International
Education and Research
Washington
Merchandising and
Promotion
31 Ingredient Week Trends
41 Supplier Innovations
46 Archive

Fitch sees few food industry
takeovers this year

Mondelez to build Oreo,
belVita plant in Europe

Mondelez International, Inc. will invest more
than $100 million in a biscuit manufacturing
plant in the Czech Republic that will create 200
jobs.

27

Opportunities abound to
enrich gluten-free foods

Shelley Case, author of a gluten-free diet
book, says prices have dropped for gluten-free
products but there is still a need for improved
taste and nutrition.

29

'Grain chain' aims to protect six
servings at Guidelines meeting

A presentation at the Jan. 13-14 meeting of the
Dietary Guidelines Advisory Committee also
will talk about the link between sodium and
baked foods.

Hardly any single external number is more
important to the well-being of grain-based
foods than the population total of the United
States. After all, no food products are more a
part of every person's diet than those made
by this industry, making the population count
a count of the industry's consumers. While
the amounts consumed per person do vary
considerably from year to year and among
various population sectors, the aggregate
dominates as the major industry determinant.
Estimates just issued by the Census
Bureau affirm that population growth has
slowed. The U.S. total as of last July was
316,128,839, up 0.72% from a year earlier,
which was the smallest annual gain in more
than 70 years, or since the Great Depression.
The Census also estimated the total Jan. 1,
2014, at 317,297,938, up just 0.7% from
a year earlier. That contrasts with annual
gains of 1.2% during the 1990s and 1.8%
at mid-20th century.
Texas, California and Florida were states
with the largest gains, continuing the longrunning growth focus in the West and
South. Population aging is the main factor
cited in accounting for the slowdown, and
also a contraction in immigration attributed
to concern about the state of the American
economy. For grain-based foods this
shrinkage in population growth once again
underscores just how essential it is that the
industry concentrates on innovative ways
of attracting demand for its products, while
countering all that is falsely negative. MBN

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COMPANIES IN THIS ISSUE
AarhusKarlshamn .......................................15
Agrium Inc. ................................................23
Ahold.........................................................23
Alexandria Flour .........................................23
AMF Bakery Systems ..................................14
Archer Daniels Midland Co. ............ 10, 19, 22
Aryzta A.G..................................................23
Associated British Foods .............................21
Back to Nature Foods Company, L.L.C. ..........1
Bridgford Foods Corp..................................20
Campbell Soup Co. ...............................11, 20
Canada Bread Company Ltd. ......................30
Cargill ........................................................12
Carr's Milling Industries P.L.C. .....................21
ConAgra Foods, Inc.....................................11
Continental Mills, Inc. ...................................1
CSM .........................................................23
Dakota Growers Pasta Co. ............................8
DSM ...................................................23, 41
Dunkin' Brands Group, Inc. ...................19, 26

East Delta Flour ..........................................23
Ebro Foods .................................................23
Egyptian Starch ..........................................23
Finsbury Food Group P.L.C. .........................22
First Baking Co. Ltd. ...................................23
Flour Mills of Nigeria P.L.C. .........................23
Flowers Foods, Inc. ...............................18, 24
General Mills, Inc.............................. 11, 20, 8
George Weston Ltd.......................................8
Goodman Fielder Ltd. .................................22
GrainCorp Ltd.......................................19, 22
Greencore Group P.L.C................................22
Greggs P.L.C. ..............................................22
Groupe Danone S.A. ...................................23
Grupo Bimbo S.A.B. de C.V.............. 20, 24, 30
Hain Celestial Group, Inc. ...........................18
Harlan Bakeries ............................................1
Hillshire Brands, Inc. ...................................11
H.J. Heinz Co. .............................................11
Hostess Brands, Inc.....................................24

4 / January 7, 2014 Milling & Baking News

Indofood ....................................................23
J&J Snack Foods Corp. ................................20
Kellogg Co..................................................11
Kerry Group................................................22
Kraft Foods Group Inc.................................20
Krispy Kreme Doughnuts, Inc. ..............12, 18, 26
Land O'Lakes Ingredients............................41
Lesser Evil ..................................................10
Marks & Spencer ........................................22
McKee Foods Corp......................................24
MGP Ingredients, Inc. ...........................14, 19
Middle and West Delta Flour Co..................23
Middle Egypt Flour .....................................23
Molinos Rio Plata .......................................23
Mondelez International, Inc. ....... 1, 11, 15, 20
Nature's Path Organics ...............................10
Naturex......................................................41
Nestle S.A. .................................................23
Nippon Flour Mills Co. Ltd. .........................23
Nisshin Seifun ............................................23

Nissin Foods Holdings.................................23
North Cairo Flour .......................................23
Origin Enterprises P.L.C. ..............................22
PepsiCo, Inc..........................................11, 20
Plum Organics ............................................10
Post Holdings, Inc. ..................................8, 19
Premier Foods ......................................15, 22
PureCircle ..................................................41
Quinenco ...................................................23
Sara Lee Corp. ............................................11
South Cairo & Giza Flour Mills ....................23
Steviva Brands, Inc......................................41
Tate & Lyle P.L.C. ........................................22
Tesco .........................................................22
Tiger Brands Ltd. ........................................23
Tim Hortons ...............................................26
Unilever P.L.C. ......................................11, 23
Upper Egypt Flour ......................................23
Van Drunen Farms ......................................41
Yamazaki Baking ........................................23
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Milling & Baking News - January 7, 2014

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