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Trends > Emerging Markets

UPDATED: Yildiz Holding sells 20% stake in Ülker as Godiva thrives

Turkish conglomerate Yildiz Holding has sold a 20% stake in its chocolate and biscuit business Ülker in a share offering as its Godiva business grows rapidly in international markets.

Hershey marks biggest outlay in Asia with $250m Malaysia plant

The Hershey Company will make its single largest investment in Asia with a new factory in Malaysia, a country the firm says gives it a strong route to 25 markets...

Russia to overtake Germany as Europe’s leading sugar confectioner, says Leatherhead

Sugar confectionery production volumes in Russia will soon outpace Germany as multinationals establish manufacturing bases in the growing region, according to Leatherhead Food Research.

Special report: Part II

Indonesia’s plantation war with foreign conglomerates

How should Indonesia and, more to the point, the local community, benefit from foreign investment in plantations?

Natra may give exclusivity for Tiger Nut bar in South Africa

Spanish chocolate major Natra will launch a nut variant of its Tiger bar countline in South Africa for retailers and said it would consider exclusivity agreements.

Bitter sweet: Rising dark chocolate consumption drives up price

Rising dark chocolate consumption is driving up prices, according to data from Euromonitor International, with China, Switzerland and the US having the highest retail value.

Birth of a confectionery giant

Mondelēz International: One year on

As we approach the first year anniversary of the launch of Mondelēz International, ConfectioneryNews peers into the chocolate box of the young confectionery titan.

Lotte’s Rakhat acquisition part of well-mapped strategic plan, says Mintel

Korean firm Lotte’s recent acquisition of Kazakstan’s leading confectioner forms part of a carefully planned expansion strategy that gives it a “jumping board” to Russia and Central Asia, according to an analyst...

Ferrero opens $119m Turkish plant

Ferrero has opened a new production facility in the province of Manisa, Turkey.

Nestlé Kit Kat tie-up wires into Chinese Android appetite

This week’s launch of the new Google Android 4.4 Kit Kat and Nestlé’s tie-in chocolate Android robots is a marketing move worth millions and could help the Kit Kat name...

Gum production shifts to Latin America, says Leatherhead

Global gum production is moving to two major Latin American nations, while Chinese gum manufacturing has also risen is prominence.

Editor's Blog

Analysis: Where is confectionery production moving?

We’ve delved into the ConfectioneryNews archives to chart newly built factories and major investments on existing plants by the industry’s major players over the past five years to discover where...

Petra Foods regroups for premium push in South East Asia

Petra Foods has reported growth in its consumer goods division in its second quarter (Q2) results and says it is planning to capitalize on the growing middle classes in Philippines,...

News in brief

Mondelez enters $45m-a-year marketing deal in Brazil

Mondelez International has entered into a marketing partnership with InnerWorkings in Brazil, one of its priority markets.

Orkla questions United Confectioners Soviet brand monopoly

Orkla Brands Russia has hit out at Russia’s leading player United Confectioners for keeping a monopoly on former Soviet brands, which were previously produced by every confectionery factory in the...

Cadbury India bets large on Asia-Pacific’s biggest chocolate plant

Cadbury’s Indian arm has revealed plans to build the biggest chocolate plant in the Asia-Pacific region. The Indian plant, in Andhra Pradesh, will come at an investment of more than...

Synthetic spearmint supplier scales up production to offer purer alternative

Paramount Aromachem India will move to a new facility near Delhi where it plans to produce half of the global demand for synthetic spearmint flavor L-carvone which is used in...

Roshen in the dark over Russian import ban

The Russian sanitation authority has suspended imports from the major Ukranian confectionery company Roshen amid safety concerns. Yet Roshen remains in the dark.

Editor's Blog

Interactive Map: Top 20 chocolate consuming nations of 2012

Which nations had the highest chocolate consumption per capita in 2012?

Cadbury India top brass shakeup unconnected to tax probe, says Mondelez

Cadbury India has made wholesale changes to its senior management in a move parent company Mondelez International says is not linked to ongoing tax evasion investigations.

Russian Chocolate Revolution

Soviet chocolate faces the wrath of foreign invasion – Leatherhead

Young people living in urban areas of Russia are driving domestic chocolate consumption and are increasingly opting for premium foreign brands over nostalgic ones from the Soviet-era, say market analysts...

Ferrero enters Burma as market ‘opens for business’

Italian chocolatier Ferrero has joined Haribo and Perfetti Van Melle in entering the Burmese market.

Can chocolate-covered dates become UAE national export?

Dubai-based confectionery company Notions Group is eyeing new export markets for its flagship product Chocodate, which it claims can lure consumers looking for authentic Arabian confectionery. 

Asian cocoa grind defies slowing Chinese economy

The Asian cocoa grind has registered a shock 2% increase in Q2 in the face of economic slowdown in China, the region’s growth driver.

Haribo enters Burma and strengthens Singaporean presence

German candy maker Haribo has entered the Burmese market and expanded its distribution in Singapore through a deal with expansion services provider DKSH.