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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.

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....

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.

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