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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.

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...

Deal will support Hosokawa Bepex’s bakery & grain processing portfolio

Bühler acquires Hosokawa Bepex as it sees a growing demand in emerging markets

Bühler Group has acquired chocolate specialist Hosokawa Bepex, which will be integrated into its Business Area Consumer Foods division.

Hershey fortified peanut butter project feeds Ghanaian stomachs and economy

Chocolate giant Hershey has committed to 100% local peanuts for its Ghana school feeding programme.

Mondelēz to ramp up Oreo distribution in Russia

Russian biscuit market leader Mondelēz International has begun producing Oreo in Russia and plans to enhance distribution and marketing support to leverage the brand.

Mondelēz to lean on healthy snacks and digital media to expand margins

Mondelēz International hopes to “significantly expand margins” through healthier versions of its products, product innovation and more reliance on digital media.

‘Free-from’ may become industry standard in snacking, Mintel analyst says

“Free-from” snack products are closer to becoming an industry standard, according to a report from Mintel.

Katjes creates first-to-market 3D printed gummies

The first commercial 3D printer for retail will be used to create gummies in different shapes, sizes, colors and flavors, says creator Katjes Fassin UK.

Cocoa processing comes to Trinidad and Tobago for first time

The republic of Trinidad & Tobago will have a cocoa-processing facility for the first time in its history.

Emerging markets

Hershey goes solo in ‘key’ Brazilian market after acquiring Bauducco’s JV stake

Hershey has received clearance to acquire the remaining 49% in its joint venture with Bauducco, allowing the US giant to grow in the emerging market as its own entity.

Mondelēz escapes Indian competition watchdog wrath in distributor spat

Mondelēz did not breach competition rules following a complaint from a distributor it was placing unfair terms on rural stockists, rule Indian authorities.

Petra Foods profits slump as Indonesian consumers cutback on chocolate

SilverQueen and Delfi brand owner Petra Foods has reported a 40% net profit dip in Q2 2015 as sales fall in its main market Indonesia.

Nestlé H1 confectionery sales dip; cornerstone brands need investment, says analyst

Nestlé confectionery sales dipped $300m in H1, so if it wants to stay at the top it must continue to invest in brands like KitKat rather than focus too heavily...

Emerging markets

‘India’s first aerated chocolate’: Mondelēz brings bubbly platform to fastest growing emerging market

Mondelēz International has launched what it claims is India’s first aerated chocolate by bringing Cadbury Dairy Milk Silk Bubbly to the world’s fastest growing chocolate market.

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