Due to advancements in the retail space and rising disposable income levels, sales in the Latin America frozen bakery market will be strong.
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The world’s largest baking company, Grupo Bimbo has recently invested 600 million pesos/ US $154727million into its San Fernando, Argentina, factory. The investment will allow Grupo Bimbo, which already produces white bread, bran and multi-cereal baked goods, to add four more productions lines, including production of precooked frozen baguettes, to its range.…