SUBSCRIBE

Breaking News on Confectionery & Biscuit Processing

Trends > Emerging Markets

Emerging Markets

Emerging Markets

Fast growing economies such as Brazil, India, Russia and China present big growth prospects for confectioners. Stay on the pulse of multinationals' moves into these markets and keep up to pace with local players here.

Exclusive interview

Cookie dough & key lime pie: Project 7 breaks chewing gum conventions with Build A Flavor line

The California-based gum company, Project 7, launched new gum line, of which each product contains at least two flavors, the company’s CEO, Tyler Merrick, said. 

Blendhub Corp to host first international event in Dubai

Blendhub Corp. will host its first international event, the ‘Professional Network’ to coincide with Gulfood 2016, in Dubai, on February 24.

Financial Results

Hershey sees international glitch driven by China's weak chocolate appetite

Hershey’s international sales plummeted 26.8% to $281.5m in the fourth quarter primarily due to declines in China.

Hershey’s launches Chocotubs in IML packaging in Brazil

Hershey’s has launched its Chocotubs crunchy cookies with chocolate dip, in in-mould labelling (IML) packaging with labels from Verstraete IML, in Brazil.

Barry Callebaut thwarts global chocolate declines to grow volume and revenue

Barry Callebaut has posted increased volumes and revenue in the first quarter of financial year 2015/16 despite declines in the global chocolate confectionery market.

China's chocolate brands face image crisis amid international onslaught, says analyst

Chinese consumers are turning their backs on domestic chocolate brands they associate with questionable food safety in favor of a growing number of international brands, says China’s market research company, Daxue...

News in brief

KraussMaffei Group to expand in China

ChemChina, one of China’s largest chemicals group, is set to acquire KraussMaffei Group and its brands KraussMaffei, KraussMaffei Berstorff and Netstal, for €925m.

EquipNet opens office in Brazil after surge of international firms moving to the region buying pre-owned equipment

EquipNet has opened an office in Sao Paulo because it says it has seen an increase in the use of pre-owned F&B manufacturing equipment, due to an increasing number of...

Intense competition prompts Le Conte brand owner to sell candy business to Topps Properties

COFCO-owned China Foods has sold its confectionery business which includes the Le Conte chocolate brand to Top Properties for RMB 611m ($93m).

Reaction: Smurfit Kappa enters Brazilian packaging market with $200m double acquisition

Smurfit Kappa Group (SKG) has acquired two privately owned integrated paper-based packaging businesses, Industria de Embalagens Santana (INPA) and Paema Embalagens (Paema), for €186m ($200m) in Brazil.

Colombian chocolate couverture coming to Europe through Swiss trade deal

Colombian cocoa processor Cacao Pacifico will sell chocolate couvertures made with fine flavor Colombian cocoa in Europe through a partnership with Swiss Global Enterprise.

Major chocolate merger afoot? Hershey shrugs off talk of Ferrero deal as ‘speculation’

Analysts say Hershey may be eyeing a joint venture or merger with a major international player such as Ferrero, but the US chocolate giant has dismissed the claims as “speculation”.

Russian chocolatier Goldberg plans UAE factory

Russian chocolate-maker Goldberg is planning to establish a factory in the UAE, as it targets the Middle East and North Africa as its first major export market.

NCA’s Sweets and Snacks Expo to grow 20% in 2016

The confectionery industry is growing, and with it the National Confectioners Association’s 2016 Sweets & Snacks Expo will grow as well.

Going for bronze: Hershey eyes third spot in Brazil’s chocolate market by 2020

US chocolate giant Hershey has unveiled a bold plan to become the third largest chocolate brand in Brazil by 2020.

Chocolate market to exceed $26bn by 2018: Packaged Facts

The chocolate market will exceed $26bn in the US by 2018, according to a recent report.

Kayco launches Chocolate Leather to appeal to better for you segment

Kosher product manufacturer Kayco has launched Chocolate Leather, a chewy candy bar lower in calories, fat and sugar than an average chocolate bar.

Scot choc-maker iQ breaks into 3 GCC markets

Scottish premium chocolate startup iQ Chocolate will shortly start exporting its products to Kuwait, Qatar and Dubai after signing a series of distribution deals.

Gulfood Manufacturing 2015, Dubai

PepsiCo, Mars, Mondelēz and Fonterra throw spotlight on Middle East

PepsiCo, Mars, Mondelēz and Fonterra will focus their efforts on the Middle East at Gulfood Manufacturing in Dubai next week (October 27-29) with two conferences entitled Next Generation Manufacturing and...

Exclusive interview: Head of KitKat

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

Nestlé has expansion opportunities in developing markets in Asia and Latin America for its leading confectionery brand KitKat, according to the company’s head of chocolate countlines.

Nestlé confectionery unit posts organic growth, but analyst questions KitKat dependence

Nestlé's confectionery business posted 7.8% organic growth for the first nine months, but one analyst says the firm is over-reliant on KitKat and is performing below market rivals.

Far East digest

Taiwan to begin process to define chocolate standards

Taiwan’s food regulator expects to begin a process whereby it will form a clear-cut definition of chocolate in a bid to weed out fake versions. 

Mondelēz to bring belVita to China

Mondelēz International will launch its belVita breakfast biscuits in China in hopes of grabbing a larger piece of the country’s biscuit market share.

Industrial chocolate to enjoy Asia and Latin America lift, says Technavio

The global industrial chocolate market is expected to grow volumes 2.4% a year up to 2019 as Barry Callebaut, Cargill and others make headway in Latin America and Asia, says Technavio.

Growing demand for dairy and confectionery drying technology in the Middle East

Secomak, which solves moisture related issues for customers including Coca-Cola, Nestlè, Danone and PepsiCo, is seeing a growing demand for its drying technology for the confectionery and dairy industry in...

Key Industry Events

 

Access all events listing

Our events, Shows & Conferences...