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.
Fats and oils supplier EFKO has reported sales growth for its confectionery fats division in H1 as multinational confectioners post sales gains in Russia.
Rajhans (Desai-Jain) Group has made its first foray into the confectionery industry by launching its Schmitten brand in India and it is hoping to become the domestic market leader in premium...
Chocolate makers are circling the rural Indian market as it is where the majority of consumers reside and infrastructure and incomes have improved drastically, says an analyst at ValueNotes.
Largely due to Cadbury’s marketing nous, India’s chocolate market has changed dramatically since the ‘Nineties, with consumers eating more and different varieties, a new report has highlighted.
The Norwegian confectionery market is unusual by Western European standards since its domestic brands stand tall with the multinationals, according to a Leatherhead analyst.
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.
An application to the European Commission for protected geographical indication (PGI) status for ‘cacao arriba’ from Ecuador is now open for public consultation.
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...
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...
Local contacts are vital for food safety when expanding into new markets, according to Ferrero.
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...
Edible oils major AAK will make a significant investment in China for a speciality and semi-speciality edible oils factory in Zhangjiagang, Jiangsu province.
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.
Russian authorities have imposed an import ban on confectionery produced in Ukraine.
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.
UK-based United Biscuits will up its investment in India from £30m ($49m) to £50m ($82m).
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 International will close its chewing gum plant in Botswana and move production to Poland as African consumers ditch pellet gum for slab gum.
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...
Scientists at the University of Cambridge are to research how to keep chocolate from melting in hot, tropical regions.
Mars has opened an M&M’s retail store in Shanghai, which it hopes will lift brand loyalty in China.
Colombia’s leading chocolate firm Grupo Nutresa has reported a drop in earnings for its chocolate division in Q2 due to mounting cocoa costs.
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’s city assembly has approved a new bill prohibiting the sale of toys coupled with Easter eggs in the city.
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.