In the next few years, the growth in frozen bakery will be lower than in the last few years. We believe frozen bakery companies will have to make strategic choices as the short-term outlook is quite attractive but there are concerns about the longer-term horizon.Read more
On Friday, 16 June, in a game-changing and widely unanticipated move, Amazon announced its acquisition of Whole Foods Market, for USD 13.4bn (valued at USD 42/share). In this short note, we highlight some initial thoughts on the implications of this deal, focusing on the likely impact on food companies.Read more
January is the time to let go of what was and look forward to what will be. When...