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Do you know the bakery trends of 2017?

first_imgDawn Foods has said it does, and is willing to share them with you until the end of January.Put together by Dawn Foods’ futurologist Dr Morgaine Gaye, (pictured) Morgaine’s Notes From The Future is a new guide that will help bakers ‘stay ahead of the game’ this year, according to Dawn.Gaye said the guide is about “trends not fads”, and aims to bring bakers “valuable insights about how the market is changing”.There are 12 key themes listed and, for each, Gaye reveals how bakers can make the most of the opportunities they present. There are also recipe tailored recipe suggestions for each.Speciality diets – Everything from gluten-free to paleo and vegan, with a host of variants in-between.Fermentation – How to preserve yourself and your baking.Texture – Putting the tactile back into baking – mouthfeel, coatings and glosses are where it’s at.Survival – Get thrifty and functional, and do it now.Space – This is about searching for ‘better’ and ‘other’. How to integrate this idea into your baking.Back to the Land – Go back to basics and use what’s all around you.Fortitude – Health, wellness and added benefits are the name of the game.Kidult – Gaye says there’s an generation that still live with their parents but are financially mobile. Play to your audience, who don’t seem to want to grow up.Volume – Make a statement about being bigger and bolder than ever.Imperfection – “Food and meals will be less perfectly arranged and will mix and match cultures, genres, dishes and flavours.”Prohibition – Imposed restrictions are on the rise, and these show no signs of subsiding. Be ahead of the curve.Hybrid & Fantasy – escapism and blurring the real with the unreal, using digital elements. Stop expanding and start specialising.Find the full insights herelast_img read more

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Aryzta shareholders approve €800m funding

first_imgFrozen bakery giant Aryzta has secured approval for an €800m fundraising plan by a narrow margin.The controversial plan, which had been challenged by Aryzta’s largest shareholder, attracted 53% of the shareholder vote at the company’s annual general meeting last week.Aryzta had announced in August that, following a review of its capital structure, it was approaching shareholders with a view to raising €800m.Shareholder Cobas Asset Management objected to the plan, claiming the €800m funding increase was too high, suggesting instead a €400m capital increase and sales of non-core assets to raise a further €250m.In response, the Aryzta board had said €800m was required to reduce “its excessive debt levels, strengthen its balance sheet and provide the necessary liquidity and working capital funding to deliver on its turnaround plan”.In a statement following the approval vote, the Aryzta board said it would continue to consult with shareholders following the AGM, “with a specific focus on those who opposed the resolution”.“The board believes the proposal approved by shareholders is in the best interests of Aryzta as a whole and is the option with the highest probability of success,” it stated. “With an effective capital structure, the board and executive team will focus on delivering on its multi-year turnaround plan.Cobas said it was disappointed that a majority of the shareholders represented at the AGAM approved the capital increase.“We accept the decision, but will consider what additional measures are in the best interest of the company,” it stated.last_img read more