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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.

Brazil’s cookie industry looks overseas as domestic penetration peaks

Brazil’s cookie industry must look to exports markets as its classic formula of reaching more Brazilian customers is no longer the key to future growth.

Any objections? Protected geo-indication could be on cards for Ecuadorian 'arriba' cocoa

An application to the European Commission for protected geographical indication (PGI) status for ‘cacao arriba’ from Ecuador is now open for public consultation.

Will the WTO end the Brazilian-Argentinian confectionery trade war?

A number of players in Brazil’s chocolate and confectionery sector have seen exports to Argentina plunge by up to 80% in the past three years due to Argentina’s restrictive import...

Brazilian premium choc market to grow 26% by 2020 as middle class buys in

Brand power and ingredient quality are the two principal factors that define a premium chocolate in the Brazilian market and the middle class wants more of it, according to the...

DISPATCHES FROM GLOBAL FOOD SAFETY, MADRID

Ferrero: Local food safety knowledge needed as business expands

Local contacts are vital for food safety when expanding into new markets, according to Ferrero.

UAE set for torrent of new entrants as chocolate market excels

The United Arab Emirates chocolate market is one of the fastest growing chocolate markets across the globe as big players such as Mars and Nestlé up their investment and others...

News in brief

AAK investing in new edible oils factory in eastern China

Edible oils major AAK will make a significant investment in China for a speciality and semi-speciality edible oils factory in Zhangjiagang, Jiangsu province. 

Fairtrade certified goods on the up in producer countries

Consumers in producer countries are increasingly interested in Fairtrade certified products as a means of supporting their domestic economy, according to Fairtrade International’s annual report.

Russia bans Ukraine confectionery imports

Russian authorities have imposed an import ban on confectionery produced in Ukraine.

Nestlé enters traditional trade channels in Singapore with DKSH

Nestlé has extended its partnership with expansion services firm DKSH to bring confectionery brands such as Kit Kat, Milo Confectionery and Uncle Toby’s to traditional trade channels in Singapore.

News in brief

United Biscuits invests $33m in India operation

UK-based United Biscuits will up its investment in India from £30m ($49m) to £50m ($82m).

Kellogg’s interest in Egyptian snack maker BiscoMisr ‘makes sense’

Kellogg has bid for a 51% stake in Egyptian biscuit and breakfast cereal firm BiscoMisr, according to a filing in Egypt’s stock exchange – a move which would makes sense,...

Mondelēz picks Poland over Botswana for African gum

Mondelēz International will close its chewing gum plant in Botswana and move production to Poland as African consumers ditch pellet gum for slab gum.

Polish confectionery exports blossom and should continue without Russia: KPMG

Export value of the Polish confectionery market almost doubled in the last five years and shouldn’t stop growing even in case of a potential Russian embargo on confectionery, according to...

Cambridge University and mystery industry backer to explore heat tolerant chocolate

Scientists at the University of Cambridge are to research how to keep chocolate from melting in hot, tropical regions.

News in brief

Shanghai M&M’s World ‘the next stage’ for Chinese brand building, says Mars

Mars has opened an M&M’s retail store in Shanghai, which it hopes will lift brand loyalty in China.

Nutresa chocolate arm rocked by rising cocoa costs

Colombia’s leading chocolate firm Grupo Nutresa has reported a drop in earnings for its chocolate division in Q2 due to mounting cocoa costs.

Move over! Asia Pacific to top North America in 2014 confectionery sales

Asia Pacific will leapfrog North America in 2014 retail value confectionery sales to become the world’s second largest market, according to Euromonitor International.

São Paulo bans sale of Easter eggs with toys

São Paulo’s city assembly has approved a new bill prohibiting the sale of toys coupled with Easter eggs in the city.

German choc firm shifts packaging to Poland in search of cheaper labor

Hachez, owned by the Danish Toms Group, will move part of its packaging production from Germany to Poland in an attempt to claw back some of its recent losses.

New Zealand

Taura claims its fruit pieces are the world's smallest

Kiwi fruit products company Taura Natural Ingredients has introduced what it claims is possibly the world’s smallest real fruit pieces.

Wood you? Novel pigment tipped for gummy and hard candies

Neocandenatone, a purple pigment found in the heartwood of Dalbergia congestiflora trees, could hold colorant possibilities for gummy and hard candies, according to Mexican research.

Children see, children do: Will Mexican kids slim down by watching less candy ads?

Just a week after Mexico banned commercials for soda, snacks and confectionery products during cinema showings of children’s movies and during children’s TV programming, Mexican authorities say ads for Nestlé,...

News in brief

Petra Foods appoints Saatchi & Saatchi for creative direction

Singapore-based Petra Foods has appointed ad agency Saatchi & Saatchi to oversee the creative stategy for its SilverQueen and Delfi Top brands.

News in brief

Asia cocoa grind up 5%

The amount of cocoa processed in Asia in the second quarter (Q2) grew 5.21%, according to figures from the Cocoa Association of Asia.

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