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.
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. will host its first international event, the ‘Professional Network’ to coincide with Gulfood 2016, in Dubai, on February 24.
Hershey’s international sales plummeted 26.8% to $281.5m in the fourth quarter primarily due to declines in China.
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 has posted increased volumes and revenue in the first quarter of financial year 2015/16 despite declines in the global chocolate confectionery market.
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...
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 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...
COFCO-owned China Foods has sold its confectionery business which includes the Le Conte chocolate brand to Top Properties for RMB 611m ($93m).
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 cocoa processor Cacao Pacifico will sell chocolate couvertures made with fine flavor Colombian cocoa in Europe through a partnership with Swiss Global Enterprise.
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 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.
The confectionery industry is growing, and with it the National Confectioners Association’s 2016 Sweets & Snacks Expo will grow as well.
US chocolate giant Hershey has unveiled a bold plan to become the third largest chocolate brand in Brazil by 2020.
The chocolate market will exceed $26bn in the US by 2018, according to a recent report.
Kosher product manufacturer Kayco has launched Chocolate Leather, a chewy candy bar lower in calories, fat and sugar than an average chocolate bar.
Scottish premium chocolate startup iQ Chocolate will shortly start exporting its products to Kuwait, Qatar and Dubai after signing a series of distribution deals.
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...
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'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.
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 International will launch its belVita breakfast biscuits in China in hopes of grabbing a larger piece of the country’s biscuit market share.
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.
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...