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Trends > 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 plans Reese’s rollout in emerging markets after tough quarter

Hershey is planning to roll out Reese’s peanut butter cups in Mexico, Brazil and China after posting below-par first quarter results.

News in brief

Cadbury India becomes Mondelēz India Foods Limited

Mondelēz International subsidiary Cadbury India has changed its name to Mondelez India Foods Limited.

News in brief

Asian cocoa grind up 4% in Q1

The amount of cocoa processed in Asia grew 4% in the first quarter of 2014 compared to the same period last year.

Abraaj Group plans Middle East & North Africa expansion for Kool Food

Private equity firm Abraaj Group has acquired a stake in Moroccan chocolate company Kool Food and plans to expand distribution in the Middle East and Africa.

Halloren targets Thailand and Korea for export growth

German confectioner Halloren believes its best growth prospects lie in the fast growing markets in Thailand and Korea as well as North America amid intense competition in its home market.

Mondelēz downplays Russia sanctions as it announces $110m factory

Mondelēz International has made light of potential trade sanctions against Russia for its annexing of Crimea and announced a $110m factory in Siberia.

Mars develops heat resistant chocolate with polyol mix

Mars has filed a patent for heat resistant chocolate that can withstand hot climates, following an earlier application from Mondelēz and Nestlé.

Mars to source cocoa from India

Mars follows in Cadbury footsteps as it looks to source cocoa from India, a crop that still only accounts for a tiny fraction of world production.

Duc d’O eyes growth in ‘dynamic’ Indian chocolate market

Belgian truffle maker Duc d’O has entered India through a distribution deal with Cosmo Fine Foods and hopes to target increasingly affluent Indian consumers.

Candy counterstrike: Ukraine bans chocolate from Russia’s United Confectioners

The Ukrainian government has banned certain candy and chocolate products from part Russian state-owned firm United Confections.

Barry Callebaut restores growth as Petra integration advances

Barry Callebaut has returned to net profit growth in its half year results as it further integrates the cocoa ingredients business acquired from Petra Foods.

Chocolate war: Soviet brand dispute behind Roshen factory raids

Russia has seized the Russian factories of Ukraine’s leading chocolate company Roshen.

Special Edition: Consumer friendly confectionery packaging unwrapped

Interactive packaging: What the world is waiting for?

Big brands may be dipping their toes in the interactive packaging pool, but two analysts question whether consumers really want this technology and ask if if manufacturers can keep the technology...

Special Edition: Consumer friendly confectionery packaging unwrapped

White is the new black – but does it make a bland shelf?

White packaging is on the rise globally, but it will be interesting to see how this plays out within the retail space, according to an industry commentator.

Court-appointed panel split over junk food ban near schools

Banning junk food near schools, one of India’s biggest and long-running public health issues, seems like it will continue some more after industry officials and health activists on a court–appointed...

Lindt joint venture to spark retail presence in Brazil

Lindt & Sprüngli will open three retail stores in São Paulo this year thanks to a joint venture with Brazilian premium chocolate specialist the CRM Group.

Nestlé wants to empower more women to work in engineering

As the United Nations held its 6th Annual Women’s Empowerment Principles (WEPs) in New York, last week, Nestlé shared its efforts to encourage women worldwide to work in the marketplace...

Russia vs. EU: Ukranian 'chocolate king' picks his side

The anti-Russian sentiments of Roshen's owner means the future of Ukraine’s biggest confectioner rests on the political fate of his country, an analyst has said.

Brazil sweet on Arabic markets

Currently the Middle East represents just over 3% of Brazilian confectionery exports, but potential far exceeds that, according to Brazil's industry trade association.

Lotte eyes Choco Pie growth in India with third plant

Korean confectioner Lotte plans to accelerate its Choco Pie brand in India with a third factory.

AAK plans $62m factory in Brazil’s booming chocolate market

Ingredients supplier AAK sees great potential in the Brazilian market and plans to construct a new factory in Jundiai, São Paulo.

Oz economy outpaces confectionery growth

The Australian confectionery market is growing slower than the country’s economy, according to a report from Market Line.

India criticised as government nears approval of sugar subsidy rise

Strong suggestions that India is about to announce an increase in sugar export subsidies have brought a wave of criticism from competing countries, who say that what India is doing...

Editor's Blog

The chocolate prophecies: Industry fortune-telling for 2014

Not quite the choc-pocalypse, but retail prices for chocolate are expected to rise in the face of cocoa price hikes, which could see the taste, shape and size of chocolate...

Hershey to acquire iconic Chinese confectionery firm

Hershey Netherlands B.V. has signed an agreement to acquire an 80% stake in Chinese confectionery and snack firm Shanghai Golden Monkey Food Company (SGM) - and the remaining 20% in 2015.

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