SUBSCRIBE

Breaking News on Confectionery & Biscuit Processing

Read more breaking news

 

 
Exclusive interview

Beverage market to return to 2008 levels in two years - Krones

By Jane Byrne , 15-Nov-2010
Last updated on 15-Nov-2010 at 12:49 GMT2010-11-15T12:49:41Z

Beverage market to return to 2008 levels in two years - Krones
Beverage market to return to 2008 levels in two years - Krones
Loading the player...

Leading beverage filling and packaging technology company Krones reported a number of drink makers signing on the dotted line at German trade show Brau Beviale last week, and we caught up with executive chairman of the board, Volker Kroneseder, to get the company’s perspective on market growth.

The Krones chairman said there is a definite upturn in the market but he expects that the beverage industry will not get reach the record growth levels of 2008 for at least another two years.

Krones released several new pieces of beverage filling, labelling and brewing equipment at the show, and Kroneseder also spoke about developmental work at subsidiary Kosme, which is focused on providing affordable, higher-end technology for the mid tier brewing sector.

Last month, Krones reported that during the period from January to September 2010, sales rose by 16.1 per cent to reach €1,583m, and that at the end of September, the order backlog, at €923.2m, was €35.4m up on a like-for-like basis.

And, with an equity ratio of almost 39 per cent and net liquidity of €60.4m on 30 September, Krones claims its financial and capital structure continues to be very comfortable, and constitute a healthy foundation for further growth.

FiE 2015: Our best bits

FiE 2015: Our best bits

Our teams of journalists were out in force at Food Ingredients Europe (FiE) last...

KitKat white space opportunities in China, Vietnam and Pakistan

KitKat white space opportunities in China, Vietnam and Pakistan, says Nestlé countlines chief

Stewart Dryburgh

Global head of KitKat and chocolate countlines, Nestlé

Malaysia to double palm oil production by 2020

Malaysia hopes to double palm oil production by 2020

Kalanithi Nesaretnam

Minister, Embassy of Malaysia in Brussels

Sollich talks chocolate: Africa catch-up, Asia and South America boom

Sollich talks chocolate: Africa plays catch-up, Asia and South America boom

Africa’s chocolate market remains a little behind but Asia and South America are booming,...

Snacks and candy blur: NPD and retail fueling, says NCA

Is that a snack or a candy? ‘It’s so blurred now’, says NCA president

Snacks and confectionery have truly blurred from a product perspective and retail slant, says...

Candy innovation: Miniature, flavors but little on health, Euromonitor

Sweet innovation? Candy makers are sticking to what they know, says Euromonitor

For the most part, confectioners have continued to innovate in known areas like flavor,...

Cocoa flavanol health claim milk drinks 'could soon be on the market': Barry Callebaut

Cocoa flavanol health claim milk drinks 'could soon be on the market': Barry Callebaut

Ieme Blondeel

Product and Process Development Engineer, Barry Callebaut

Better-for-you chocolate still a niche after cocoa flavanol health claim: Euromonitor

Better-for-you chocolate still a niche after cocoa flavanol health claim: Euromonitor

Lauren Bandy

Ingredients Analyst, Euromonitor International

Riclan to develop sugar free chewing gum for kids

Riclan to develop sugar free chewing gum for kids

Brazilian candy manufacturer Riclan is tapping into the health trend market with plans to...

Nestlé doubles its quality assurance center to fight for food safety

Inside scoop: Nestlé doubles its largest quality assurance center to fight for confectionery safety

Gregory Pritchard

Vice President Quality Management, Nestlé USA

Video: If Donald Trump becomes US president, would it be good for your business?

Video: If Donald Trump becomes US president, would it be good for your business?

Presidential hopeful Donald Trump has vowed to bring back jobs to America by ripping...

Protein chocolate set for mass-market after Mars & Snickers launches?

Mass-market future for protein chocolate after Mars and Snickers launches?

Protein experts at leading nutraceutical trade fair Vitafoods consider if protein chocolate has mainstream...

'It's still an attractive market': How are companies overcoming political instability in Turkey?

'It's still an attractive market': How are companies overcoming political instability in Turkey?

At the crossroads of east and west, Turkey offers huge promise but given the...

Everything you need to know about fine flavor cocoa

Premium chocolate 'leg up': How to win fine flavor cocoa status

Chair of the International Cocoa Organization’s (ICCO) panel on fine flavor cocoa discusses why...

3dChef to develop next generation candies

3dChef partners with confectionery firms to develop next generation candies

3dChef has partnered with a number of confectionery firms to develop next generation candies,...

How do Nestlé and Mondelēz set candy nutrition guidelines?

Science vs taste: Nestlé and Mondelēz reveal different takes on candy nutrition guidelines

Nestlé says it is primarily guided by science when setting nutrition guidelines for its...

Asian tastes: Out with the old, in with the new trends

Asian tastes: Out with the old, in with the new trends

Jane Barnett

Senior Analyst, Mintel Market Research

Key Industry Events