Snack & Sweet
Table of Contents
The US packaged food industry saw slightly higher current value growth in 2013 than in 2012 due to an increase in prices of dairy-based and wheat-based products. Pricing for milk was projected to increase in 2013 as prices of hay and soybean oil meal, used to feed cows, remained high early in the year. The average unit price of baked goods increased by 2% in 2013 due to the continued commodity cost increases that are common year-on-year. Demand f...More »
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