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Breaking News on Confectionery & Biscuit Processing

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.

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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The ones to watch: Euromonitor pinpoints three chocolate markets in the Middle East & Africa

Euromonitor International unveils the world’s fastest growing chocolate markets and earmarks three beyond India and China that should be high on every confectioner's agenda.

Bosch to develop five axis robots for more shelf ready retail packaging

Bosch Packaging Technology has redesigned its Delta robotic (D3) packaging portfolio to give food producers a more simplified platform design, faster changeovers and ease of use.

Lindt continues to punch above ‘stagnating’ chocolate market in H1

Lindt & Sprüngli has reported strong sales growth in the first half of the year driven by its North American business and recent Russell Stover acquisition as global chocolate markets...

Hershey bets big on China’s e-commerce boom

Hershey has earmarked China’s thriving e-commerce channel as a future growth driver despite setbacks in the country’s overall confectionery market.

Confidence in Brazilian biscuit market could crumble

Brazilian biscuit makers are set for a tough year in light of planned energy price hikes and a sharp currency depreciation, warns Brazil's Association of Biscuit, Pasta, Industrial Bread and...

Forget checkout counters: Search is king in online confectionery sales

Online grocery shopping is expanding at a strong pace in the US and the UK, offering a great platform for sales for confectionery makers, according to Clavis Insight.

Brazilian confectioners turn to exports amid economic downturn

Brazilian confectionery makers are turning their sights to increasingly attractive foreign markets, as the country’s economic growth has rapidly decelerated in recent years.

Trident gum coming to China as category picks up, says Mondelēz

Mondelēz plans to launch its Trident brand in China as its gum business returns to growth after a long slump.

Slovenian chocolate maker Zito accepts takeover bid from Croatian rival Podravka

Croatian food group Podravka has reached a €33.03m ($36.91m) deal to acquire a 51.55% stake in Zito, Slovenia's top domestic chocolate manufacturer.

Manner explores ‘wafer country’ Indonesia for Asia launchpad

Austrian-based biscuit firm Josef Manner is considering marking its entry into Asia by entering Indonesia, where there is already an established wafer market.

UK investment fund eyes Eastern Europe dominance after snapping up Serbia's top biscuit maker Bambi

The new owners of Serbia’s largest biscuit-maker Bambi, Mid Europa Partners (MEP), hope to grow the business to become  Eastern Europe's biscuit leader.

Mondelēz struggles to keep pace with the global chocolate market in Q1

Mondelēz International has continued to grow below the overall chocolate market in first quarter of 2015 after it was the first to raise wholesale prices last year. However, it expects...

Special edition: Beyond 2020 - The future of sustainable cocoa

‘We cannot let Indonesia fail’: Mars stresses Asia’s importance in meeting future cocoa demand

Asia is poised to help meet rising demand for cocoa, but its key producer Indonesia faces quality concerns and its government lacks incentive to grow the sector.

Roshen to close Mariupol plant as pro-Russian rebels threaten city take over

Roshen plans to close its confectionery plant in Mariupol, where production has been suspended since February 2014, as pro-Russian rebels threaten to seize the city.

Dispatches from Asia Choco Cocoa Congress in Singapore

State-owned plantations could rouse Vietnam’s cocoa industry

Vietnamese state-owned companies plan to convert some coffee and rubber plantations to cocoa, delivering a significant boost to the country’s annual output, says Vietnam’s principle cocoa buyer Puratos Grand-Place....

Nestlé USA closes its Puerto Rico distribution center

Nestlé USA shifts its Puerto Rico shipments to a third US facility

Nestlé USA will shift a majority of its US to Puerto Rico shipments from the Port of New York and New Jersey to JAXPORT (Jacksonville Port Authority) in Jacksonville, Florida.

News in brief

Wrigley to boost Africa business with $63m Kenya factory

The Wrigley Company is constructing a $63m plant in Kenya, which global president Martin Radvan calls an ‘important early step’ in realising a strategic commitment to Africa.

Emerging Markets: India

Premium Indian chocolate race heats up with Cadbury Glow and Kit Kat Senses

Mondelēz’s Cadbury Glow and Nestlé’s Kit Kat Senses have joined India’s rapidly growing premium chocolate market.

Infographic

Nestlé in numbers: The world’s number #3 global confectionery player in 2014

Where are Nestlé's strongest confectionery markets? And how does it fare in global markets? ConfectioneryNews digs into data from the company's 2014 Annual Report to dish up some bite-sized facts....

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