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.
Korean confectioner Lotte has overcome regulatory hurdles to acquire a 76% stake in Kazakhstan-based firm Rakhat.
The global number four biscuits player United Biscuits (UB) is growing rapidly in international markets where it plays up its British heritage accordingly, but rarely adapts the formulation.
Premium chocolate is rapidly growing in popularity in the emerging Brazilian market, according to domestic trade body ABICAB.
Mondelez-owned Cadbury India has lost three of its Chocolate Eclairs label trademarks as part of an eight year tussle with Indian conglomerate ITC Ltd, but is playing down the consequences.
Barry Callebaut has recorded a 4.9% drop in net profit for the fiscal year 2012/13 as it integrates Petra Foods’ cocoa business and experiences capacity constraints.
Mondelez International has fallen short of sales expectations in the third quarter (Q3) as the slowing Chinese economy dented consumption, particularly in its biscuit category.
Korean confectioner Lotte is aiming to increase its overseas sales six fold in the next five years led by growth in China, India and Russia, the firm said in its...
Mondelez International subsidiary Cadbury India has been granted an interim injunction by a high court In Delhi preventing rival Lotte from selling products alleged to infringe Cadbury’s Choclairs trademark.
Premium international brands for China’s increasingly affluent population could be instrumental in raising low domestic chocolate consumption, according to market researchers Canadean.
Chocolate production is still growing in developed markets, but volumes are growing at a faster pace in Eastern European countries like Poland, data from Leatherhead Food Research shows.
Hershey has launched Lancaster Soft Caramel Cremes in the US, six months after the company initially introduced the product in China.
Turkish conglomerate Yildiz Holding has sold a 20% stake in its chocolate and biscuit business Ülker in a share offering as its Godiva business grows rapidly in international markets.
The Hershey Company will make its single largest investment in Asia with a new factory in Malaysia, a country the firm says gives it a strong route to 25 markets...
Sugar confectionery production volumes in Russia will soon outpace Germany as multinationals establish manufacturing bases in the growing region, according to Leatherhead Food Research.
How should Indonesia and, more to the point, the local community, benefit from foreign investment in plantations?
Spanish chocolate major Natra will launch a nut variant of its Tiger bar countline in South Africa for retailers and said it would consider exclusivity agreements.
Rising dark chocolate consumption is driving up prices, according to data from Euromonitor International, with China, Switzerland and the US having the highest retail value.
As we approach the first year anniversary of the launch of Mondelēz International, ConfectioneryNews peers into the chocolate box of the young confectionery titan.
Korean firm Lotte’s recent acquisition of Kazakstan’s leading confectioner forms part of a carefully planned expansion strategy that gives it a “jumping board” to Russia and Central Asia, according to an analyst...
Ferrero has opened a new production facility in the province of Manisa, Turkey.
This week’s launch of the new Google Android 4.4 Kit Kat and Nestlé’s tie-in chocolate Android robots is a marketing move worth millions and could help the Kit Kat name...
Global gum production is moving to two major Latin American nations, while Chinese gum manufacturing has also risen is prominence.
We’ve delved into the ConfectioneryNews archives to chart newly built factories and major investments on existing plants by the industry’s major players over the past five years to discover where...
Petra Foods has reported growth in its consumer goods division in its second quarter (Q2) results and says it is planning to capitalize on the growing middle classes in Philippines,...
Mondelez International has entered into a marketing partnership with InnerWorkings in Brazil, one of its priority markets.