Thursday, July 02, 2020

Biscuit, pasta, bread and cake industries grow 4.9%

The segments of biscuits, pasta, breads and cakes moved R$ 9.6 billion in the first quarter of 2020, a figure that represents a growth of 4.9% compared to the same period last year (R$ 9.1 billion).
The performance was driven by the increase in prices, according to the Brazilian Association of Biscuits, Pasta and Industrialized Breads & Breads (Abimapi), which conducted the survey with nielsen consulting.
In the analysis by category, the cakes had an increase of 18.7% in sales, followed by pasta, with 9.5%, breads, with 6.2%, and biscuits, with an advance of 0.6%. According to Claudio Zanão, abimapi's chief executive, the expectation is to end the year with growth of between 3% and 5%.
Giro News - 01/07/2020 News Item translated automatically
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