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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.

Mondelēz expands Trident gum in Europe against headwind from fading chewing habit

Mondelēz has reported “positive” results after it launched a series of Max flavors under its multiple gum brands in Europe, including Trident, Stimorol and Hollywood, according to the spokesperson of...

Unilever brands known as sustainable are growing 30% faster than others

One in three consumers choose brands based on sustainability: Unilever study

A new report by industry giant Unilever shows that consumers' belief in the social or environmental welfare of brands hugely affects their purchasing decisions.

Three Squirrels expects to be incorporated after reporting net profit of over $29m

Rumor has been mounting over the last month that e-commerce snack brand in China, Three Squirrels, is planning to be incorporated in the near future, BakeryandSnacks learned from various sources.

Cloetta launches ‘test-and-learn’ confectionery store on China’s Alibaba

Swedish confectionery company Cloetta has opened its first online store in China through Alibaba’s Tmall Global platform to take advantage of the country’s growing online market for food.

Mondelēz ramps up premium offer in India with Cadbury Dairy Milk Silk Oreo

Mondelēz has introduced Cadbury Dairy Milk Silk Oreo to the Indian market after enjoying success with choco-bakery brands in other markets.

Auchan to sell Russian sweets in Italy

Groupe Auchan has announced plans to sell confectionery products produced in Russia across its stores in Italy.

Opinion

Ethical certification promises much - but it's been a tough year

Back in 2014 I interviewed Hans Jöhr, who at the time was corporate head of agriculture at Nestlé. We had a (refreshingly) open discussion about certification schemes. Some of them...

India’s confectionery market to eclipse growth in other BRICs: MarketLine

India’s confectionery market is set to significantly outstrip sales growth in other BRIC countries in the next five years, says MarketLine.

China direct

Chinese sweetener prices rising at last after spate of plant closures

After a year-long race to the bottom by Chinese manufacturers, acesulfame-K sweetener prices have grown steadily since May, with analysts expecting further increases then stabilisation as suppliers, including segment giant...

China chocolate brand Le Conte sold to Hollygee for $33m

Wedding candy brand from Fujian Province Hollygee (好邻居) has acquired the largest Chinese domestic chocolate confectionery company Le Conte (金帝) for 230m RMB ($33m).

Hershey expands social program globally, gaining snacking and flavor insights

Hershey's social program to provide children globally with basic nutrition will expand to China and Canada through new partnerships.

UK chocolate exports up 11% with falling pound

Chocolate volumes exported from the UK have grown substantially in the third quarter versus the same period last year, driven by the weak pound.

Yummex Middle East

Brazil candy firm Riclan calls for more African presence at Dubai tradeshow

Riclan candy company wanted to see more African firms and visitors at Yummex Middle East, part of Gulfood Manufacturing this year (November 7-9).

Chinese confections and snacks compete for sweeter spot on e-commerce during Double 11

Alibaba, China's largest e-commerce platform, reached record sales of $15bn during Double 11 this year, prompting domestic confectionery and snack brands to step up their web strategies. 

Yummex Middle East

Toffano coffee candy takes top spot in Yemen

Toffano has seen success with its coffee candy Café Gold and Brinq Bol Tutti-Frutti Flavoured Bubble Gum Candy in Yemen.

Yummex Middle East

Leaf Brands on making candy ‘fun again’

Leaf Brands says it is making candy ‘fun again’ by inventing products with names such as Farts candy, which won Most Innovative Product award at Sweets & Snacks Expo in...

Yummex Middle East

Katjes to launch ‘Cola the Cat’ in the Middle East

Katjes plans to launch ‘Cola the Cat’ jellies in 2017 after a successful year entering the Middle East market.

Gulfood Manufacturing 2016

Theegarten says hermetically sealed chocolate wrappers protect against MENA's humidity

Theegarten Pactec showcased a multi-style packaging machine for chocolate and confectionery articles at Gulfood Manufacturing this year.

Gulfood Manufacturing 2016

Dubai confectionery and dairy procurement firm expands in Algeria

Ar-kom project management and consultancy firm, is building a confectionery plant in Algeria to become operational in 2017.

Reese’s innovation gives Hershey Q3 sales uplift

Hershey has posted a 2% rise in third quarter sales, driven by innovations in North America, such as Reese’s Pieces Cups, Big Kat and birthday-themed Kisses.

Project 7 launches first functional gum line, expanding into c-stores

California-based gourmet gum and gummy brand, Project 7, unveiled its latest energizing gum line, Midnight, with added B vitamins and guarana at the recent NACS show in Atlanta, Georgia. 

Euromonitor Quarterly Statement Q3 2016

‘Post-Brexit consumers may move to lower-priced confectionery, reversing premium chocolate trend’

Brexit is unlikely to have a dramatic effect on confectionery sales, with the quarterly update showing a 2% reduction in volume sales by 2020, according to Euromonitor.

Exclusive interview

Gummies overtake chocolate in Colorado cannabis edibles space

Gummies are now the most popular cannabis edibles in Colorado with a share of 22% share of sales in the sector, says a newly released report from BDS Analytics’ GreenEdge database....

Cobden and Brown eyes expansion after 100% cocoa bar launch

Northern Irish chocolatier Cobden and Brown has plans to enter southern neighbor the Republic of Ireland after recently introducing a 100% cocoa bar, according to the company’s founder and CEO,...

'War on sugar’ fosters change for global candy industry: Euromonitor

The “war on sugar” has dented demand of sweet snacks as 47% of global consumers look for foods with limited or no added sugar, according to a recent survey by Euromonitor....

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