Baking & Snack - August 2018 - 14
capacity in Idaho
Grupo Bimbo outlines Latin
American market trends
Maria Carolina Gollo, innovation/global marketing for Grupo
Bimbo, Mexico City, assessed baking industry growth and consumer trends for regions of Latin America dealing with recessions
and economic challenges during the BEMA annual convention,
She pointed out that, during a recession, Latin American shopping behaviors typically fall under two categories: frequent trips
with lower spends - indicative of those with weekly income who
get by day-to-day - or infrequent, planned trips to larger retailers
to stock up for longer periods.
"We are seeing (c-stores) almost doubling their number of
stores," she observed, noting that Mexico is experiencing the biggest c-store boom.
Many bakery manufacturers have launched products that
strategically fit these specific outlets and needs, she noted. For
example, more single-serve products are being developed for
c-stores in Latin America while larger volume is reserved for
cash-and-carry outlets. For Grupo Bimbo, this strategy kept the
company from declining in sales during the Latin American recession, she noted.
Looking ahead, Latin America is leaving the recession, and the
forecast for the baking industry is a positive one. "Global Data
is expecting 3.8% annual growth for the next three to five years,
which is the second fastest in the world following Asia Pacific,"
With the exceptions of Argentina and Mexico, most Latin
American countries are experiencing this progress. Brazil and
Chile are projected to see above-average development, she said.
Categories such as breakfast cereal and morning goods are expecting to see 5% to 6% annual growth, and mature markets such
as bread and rolls are projected to see 3% to 4% growth, presenting plenty of room for opportunities.
Above: Maria Carolina Gollo, innovation/global marketing for Grupo Bimbo, speaks at the
BEMA annual convention.
14 Baking & Snack August 2018 / www.bakingandsnack.com
Hearthside Food Solutions, Downers Grove, IL, has doubled
production capacity of a nutritional bar formulation and production facility in Boise, ID. Acquired by Hearthside in 2015, the
185,000-sq-ft location previously was a Nestle/PowerBar production facility. In a release, Hearthside described the plant as "one of
several strategic acquisitions that have expanded Hearthside's nutritional bar presence." The company cited industry data indicating the overall nutritional bar market as growing at 11% annually
with $1.8 billion in sales.
The company also announced the opening of a fourth nutritional bar production facility in Europe. Located in Leerdam, The
Netherlands, the plant raises the company's overall production
capacity in Europe by more than 40%.
In the release, Hearthside said both the Boise and Leerdam
projects were completed ahead of schedule and were prompted
by strong market growth. "These capacity increases enable us to
meet our customers' ever-increasing nutritional bar volume and
formulation needs," said Richard Scalise, chairman and CEO,
Mr. Scalise said the company has more than 53 food scientists
and commercialization and innovation specialists in the company's research and development and innovation group.
-Josh Sosland, Milling & Baking News
Shick Esteve global brand
and website to launch at iba
Shick Esteve, Kansas City, MO, is launching its new global brand
and website at iba 2018, to be held Sept. 15-20 in Munich. The company will showcase the latest in its combined efforts in ingredient
automation and mobile solutions as well as interactive technology.
The merger of Shick Solutions and Esteve Process in August 2017
solidified many months of growth and expanded resources. Shick
Esteve, part of Linxis Group, Nantes, France, combines global resources to offer more than 60 years in ingredient automation, more
than 4,000 installations worldwide and more than 2,000 silos delivered to date. Its networks
provide access and accountability around the
clock with more than 45
agents, 15 service centers
and installations in more than 65 countries. In addition, the company provides process and integrated data control that focuses on
giving customers greater access to their process data.
For more information, visit Shick Esteve's iba booth in Hall B4,
Booth 550 or visit www.iba2018.ShickEsteve.com.