Mondelēz has reported growth across all regions in Q2 ending June 30, although its topline was negatively impacted by the recent truckers' strike in Brazil.
Hershey has posted a net sales increase of 5.3% in Q2, reaching $1.75bn, after it recently divested Tyrrells potato chips and Golden Monkey candy brand in China.
Confectioner Master Chewing Gum & Candies plans to bring its sugar- and aspartame-free mastic gum to the US, as it believes consumer’s dissatisfaction with the traditional gum flavors and packaging is to blame for the declining category sales.
Food giant Mars is using procurement to tackle some of the most significant social and environmental challenges facing the world today. FoodNavigator spoke to Barry Parkin, chief procurement and sustainability Officer at Mars, to find out more.
The National Confectioners Association (NCA) has named the most innovative product award winners of 2018 at the Sweets and Snacks Expo in Chicago (May 22-May 24, 2018).
Alland & Robert has welcomed sixth generation family member Charles Alland to take over the business from his father Frédéric Alland, announcing a number of forthcoming initiatives for the acacia gum firm.
A vitamin drinks brand is expanding into confectionery with its vitamin chewing gum: seeing the potential of both products to appeal to on-the-go consumers.
Entrepreneur, Duval Middleton, who founded Gumipod, gum packaging with integrated bin, has applied to enter VOOM 2018, to pitch his idea to Virgin boss Richard Branson and a panel of business superstars on May 21.
German candy producer Katjes International, the international investment holding of the Katjes Group, has posted a 19.7% revenue increase in 2017, reaching €268.7m ($328.7m) compared to €224.5m in 2016 ($274.6m).
Susquehanna International Group (SIG) said the robust chocolate industry will likely turn Hershey’s business around later this year even though the company is among ‘the worst performing CPG stocks in the last three months.’
‘Concerns about processed sugar and the impending sugar tax means today’s consumers are looking for healthier and natural alternatives across all categories, including confectionery.
Hershey will release its first edible glitter-sprinkled gum in the US under its Ice Breakers brand starting April 15, 2018, as it believes the sparkle trend will sweep the food industry in 2018.
Malaysian supplier PureCircle must provide more data to prove the safety of both minor steviol glycosides and glucosylated stevia, the European Food Safety Authority (EFSA) has said in two separate opinions.
Claims such as ‘no added sugar’ on foods containing sweeteners are commonplace and an important part of healthy branding - but are they technically illegal under EU law? We put the question to a food law expert.
Bazooka Candy Brands has developed its first interlocking gummies made by a 3D mold called Match-Ems, as the US gummy business is now ‘on fire,’ said its senior director of marketing and innovation, Nicole Rivera.
Mondelēz will close two manufacturing plants in Brazil (Bauru and Piracicaba, São Paulo) by the end of 2018, and transfer their production to two other facilities in the country.
Ferrero Group has closed its fiscal year 2017 with a consolidated turnover of €10.5bn ($12.96bn), an increase of 1.5% compared to the previous year at €10.3bn ($12.72bn).
Thew Arnott confectionery ingredients supplier has been awarded the highest AA grade after being audited against the latest BRC Agents and Brokers standard, version 2.
The UK government is exploring the environmental impact of ‘single-use plastics’ and potentially considering taxes, but is yet to determine if chewing gum will be included.
Trian Fund Management CEO Nelson Peltz, who pushed for a merger between Mondelēz and PepsiCo five years ago, will stand down from Mondelez’s Board of Directors as the Cadbury maker names two new members.
Mars plans to quit industry-funded science group, the International Life Sciences Institute (ILSI), and says it will support research regardless of results after making its science policy public.
Clean label can imply a base level of health for confectionery products, whose high-sugar and high-fat status can make consumption hard to justify, says a new report by Euromonitor.
NID, acquired by tna, took to the spotlight at ProSweets 2018 last week (January 28-31) with the announcement that it has undertaken a number of developments and upgrades to its machinery.
Vegan, sugar free and exotic flavors are among the contributors that made Brazilian confections popular in Europe last year, as Brazilian exports of sweets, snacks and ingredients to the EU grew by over 73% in value, according to trade body ABICAB.
Mondelēz’s new CEO Dirk Van de Put, who replaced Irene Rosenfeld last November, called 2017 ‘a solid year’ as the company’s organic sales during Q4 and full fiscal year 2017 grew 2.4% and 0.9% respectively.
Wacker debuted its process for depositing sugar-free chewing gum, at ProSweets Cologne 2018 this week, where gum can be molded into different shapes, similar to gummy bears.
Duravant has acquired Ohlson Packaging, a weighing, counting and filling machine manufacturer, whose clients include Frito-Lay, Hershey’s, Kraft Foods, Tyson Foods and Maple Leaf Foods.
New Jersey Economic Development Authority (EDA) has approved Mars Wrigley a $3.15m annual tax credit package over 10 years for bringing 483 jobs to the state.