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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.

News in brief

Petra Foods appoints Saatchi & Saatchi for creative direction

Singapore-based Petra Foods has appointed ad agency Saatchi & Saatchi to oversee the creative stategy for its SilverQueen and Delfi Top brands.

News in brief

Asia cocoa grind up 5%

The amount of cocoa processed in Asia in the second quarter (Q2) grew 5.21%, according to figures from the Cocoa Association of Asia.

Philippine food major buys New Zealand snack firm Griffin’s

Universal Robina Corporation (URC) has snapped up New Zealand snack giant Griffin’s Foods for NZ$700m ($606.6m) in a move it says should bolster its presence in the Asian snack sector....

Cloetta still window shopping after sales gains

Scandinavian confectioner Cloetta has recorded sales and profit growth in the second quarter driven by acquisitions and says it is eyeing further buys.

AAK acquires Colombian bakery fats firm FANAGRA

Swedish-Danish oils and fats giant AarhusKarlshamn (AAK) has acquired Colombian company Fabrica Nacional de Grasas (FANAGRA), which specializes in vegetable oils and fats for the bakery segment.

Forget football: Can Brazilians now stomach the unpalatable truth of confectionery exports?

Brazilian confectionery manufacturers are forced to commit up to 15% of exports costs towards resolving bureaucratic problems that hinder their sales abroad, according to the Brazilian confectionery industry Association (ABICAB).

Dori Alimentos looks to score in World Cup with its power player - peanuts

The World Cup will boost sales of peanut-based snacks in Brazil by as much as 30% in Q2, according to Brazil's leading peanut-based candy and snacks producer Dori Alimentos.

Arriba! Arriba! Nestlé taps fine flavor beans for Ecuadorian chocolate plant

Nestlé has opened a $16m chocolate molding and packaging line that will use fine flavor Arriba cocoa beans.

Petra delivers for Barry Callebaut in nine month results

Barry Callebaut has registered sales growth in its nine month results driven by the recently acquired Petra Foods cocoa business.

Origins

Could West Africa lose its cocoa crown?

ConfectioneryNews asks industry leaders if cocoa production will gradually move closer to the burgeoning chocolate markets of China and Brazil or whether West Africa will always be the king of...

Insight

Questions to answer for Tate & Lyle in Cambodian land-grabbing action

This story is the first in a new series of investigative reporting commissioned by FoodNavigator-Asia to follow the legalities and loopholes of Asia's produce growing and production network. Please feel...

Nestlé opens Crunch chocolate factory in Egypt

Nestlé has added an extrusion line to its existing dry goods plant in Egypt that will produce Crunch.

News in brief

Nestlé opens third China R&D centre

Nestlé has officially inaugurated its latest Chinese research and development facility, in Dongguan, Guangdong province.

Japan

Japanese railway to use KitKat bars as tickets

Japan has a reputation for food innovation, and a new initiative by Nestlé will transform one of its iconic chocolate bars into currency for train travel while at the same...

Polish confectionery market weathers falling birth rate

Poland’s confectionery market survived the recessionary storm virtually unscathed and continues to buck the trend despite its shrinking population, according to Leatherhead Foods, principal market analyst, Jonathan Thomas.

Hershey in the race to develop 3D chocolate

US firm 3D Systems is collaborating with chocolate manufacturing giant Hershey’s to develop 3D chocolates fit for the commercial market.

Joining the cocoa dots: 12 confectionery titans join CocoaAction strategy

A dozen of the world's biggest confectioners have signed up to the World Cocoa Foundation’s CocoaAction - something the organisation says will join the dots of existing sustainability programmes. ...

European RSPO 2014

Sustainable palm oil pressures worrying to emerging economies

Food businesses and consumers don’t understand the impact emerging economies could face if pressure to source 100% sustainable palm oil builds too quickly, Marks & Spencer’s (M&S) sustainable development manager...

In conversation with Sollich Executive Director Ralf Schäffer

Sollich talks chocolate: Africa plays catch-up, Asia and South America boom

Africa’s chocolate market remains a little behind but Asia and South America are booming, and each market needs to be approached differently, says the executive director of Sollich.

Chewing gum is a 'cheap' way to help stay alert: Study

Chewing gum may make you more alert and could be useful in contexts such as driving, according to a new study.

RSPO Europe Roundtable: Tweet by tweet

International industry and NGO's have gathered in London to discuss key issues in traceability and how new labelling rules will impact the quest for sustainable palm oil in Europe and...

Europe approves use of new high-intensity sweetener

The European Commission has approved the use of the high-intensity sweetener advantame in a variety of food and drink categories.

Roshen owner wins Ukraine election: Long live the president! But will his choc firm get the chop?

If Petro Poroshenko sells his chocolate firm Roshen following his Ukrainian presidential victory, Lotte is the most likely buyer, says Mintel analyst.

Checkout bans could kick confectionery while it's down: Euromonitor

The recent flurry of retail checkout confectionery bans, joined last month by retail giant Tesco, could hurt impulse-driven sales, but present high margin opportunities to supermarkets, according to Euromonitor analysts.

CKG cashing-in on burgeoning Middle East chocolate market

Ivory Coast-based, CKG Group Holding is to expand its chocolate operations into Oman in a joint venture with the ‘Sultanate’.

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