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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.

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....

Patent Watch

‘Little extra effort’ for latest heat resistant chocolate process, says Mondelēz

Mondelēz has developed a method to produce heat resistant chocolate that it says can easily be integrated into existing processes.

Mars plans $160m plant in ‘high priority’ Indian market

Mars will construct its first confectionery factory in India, producing Snickers and Galaxy.

Feature

Russian standby, Chinese gifting and EU impulse: Jelly Belly earmarks international priorities

Jelly Belly’s new international sales chief discusses expanding distribution in China, targeting impulse channels in Europe and the impact of the Russia’s political and economic situation.

Snacking power house talks about ‘regional jewels’ at Packaging Innovations 2015

Developing markets account for 44% at Mondelēz International with plans to expand into more ‘white space’

Mondelēz kicked off the Packaging Innovations tradeshow at the NEC in Birmingham, UK, today talking about its developing markets and ‘regional jewels’.

Candy at CAGNY

‘We’ll continue to seek tack-on acquisitions’: Mondelēz to shop in emerging markets

Mondelēz International says it will continue to look for complementary acquisitions in emerging markets after acquiring Vietnam’s Kinh Do.

Candy at CAGNY

Mondelēz to go global with Marvellous Creations range

Mondelēz International plans to roll out its Marvellous Creations range across the world and says the platform will draw in $500m in revenues by 2018.

India

Analysts predict lightning growth for Indian confectionery market

India’s confectionery market is expected to grow by almost three-quarters in four years as the burgeoning middle-class consumes more gums and jellies, and chocolate still dominates.

Big Tobacco eyes caffeine growth with oral strips

The launch of oral caffeine strip Reon sees cigarette-making giant Imperial Tobacco diversifying its market attentions and targeting on-the-go urban professionals.

‘Dramatic decline’ in Asia cocoa grind as emerging markets slow

Asia’s cocoa grind dropped 17.2% in the fourth quarter after an economic slowdown in China, adding another cocoa processing decline to the world jigsaw.

The fourth degree: Our heat tolerant chocolate doesn’t skimp on taste, says Barry Callebaut

Barry Callebaut says it has developed a thermo-tolerant chocolate that can withstand four degrees more heat than a standard chocolate recipe without compromising on taste.

Fairytale Denmark: Michelsen signs book deal to support China push

Danish premium chocolatier Michelsen hopes to break into China after teaming with a start-up company that produces hollow Hans Christian Andersen books containing chocolate.

Mars spends $140m on GCC factories expansion

Chocolate maker Mars has invested a total of US$140m in new manufacturing facilities in Saudi Arabia and the UAE to increase production of its Galaxy and Snickers lines.

Cargill opens $100m Indonesian cocoa plant

Cargill has opened its first cocoa processing facility in Asia in the East Java region of Indonesia.

Spice up the Indian premium chocolate market, says taster

Multinational chocolate manufacturers are failing to cater to Indian tastes and should experiment with spices such as green cumin and saffron, according to India’s only professional chocolate taster.

United Cacao plots world’s largest cocoa plantation

United Cacao has listed on the London Stock Exchange to set up the world’s largest commercial cocoa plantation in Peru and promises fermentation to buyers’ standards.

Bringing chocolate home: Africa is more than the world’s cocoa basket, says Madécasse

The chocolate industry and fairtrade movement are perpetuating poverty in Africa by relying on the continent for it’s agricultural assets rather than manufacturing potential, says Madagascan chocolate maker Madécasse....

Mondelez to invest $24m in Turkish confectionery plant

Mondelez International has said it will invest $24m (€19.3m) to expand its Gebze plant in Turkey, as the company continues its plan to increase productivity and cut costs.

Mondelēz to acquire Vietnamese biscuit leader Kinh Do for $370m

Mondelēz International will acquire a 80% stake in Vietnam’s leading biscuit firm Kinh Do to spur growth in the rising Asia-Pacific market.

Chocolate gloom inspires compound coating boom in Asia and Eastern Europe, says Cargill

Cocoa powder demand for use in compound confectionery coatings is rising rapidly in Asia and Eastern Europe as rising cocoa butter prices up the cost of chocolate manufacturing.

Q3 results

Ülker grows in Turkey, but Iraq conflict eats into export sales

Wholesale price hikes and product downsizing help Ülker grow net profit in Q3, but export volumes shrink due to instability in Iraq.

Live from Gulfood Manufacturing 2014

Cargill Foods launches commercial operation for METNA

Cargill Foods has launched a commercial operation for METNA (Middle East, Turkey & North Africa) to operate under one business sector.

Key Industry Events