After the recovery started in late 2021, the rebound of the Consumer Foods business gained speed in 2022, resulting in an increased order intake of 21.6% to CHF 710 million and an improved turnover of 13.6% to CHF 578 million. Resumed travel and social events, as well as demand for snacking and gifting, stimulated consumer buying behavior, and this resulted in increased investments into processing lines by customers. The main drivers for this upward trend came from the chocolate areas, whereas in the baked goods business (Wafer and Biscuit), investments were taken more cautiously. Market volatility along with the developments in Russia and Ukraine impacted the European business, which usually counted among the strongest regions for Consumer Foods. In 2023, Bühler plans to integrate Consumer Foods into the Grains & Food business.