Emerging Markets

Petra Foods puts faith in consumer brands

Singapore-based Petra Foods plans to invest in its consumer brands and will target fast-growing South East Asia chocolate markets after selling its ingredients division to Barry Callebaut.

"...there will always be pocket money for sweets."

‘Who stops innovating dies’ says Sanchez Cano as exports set to outstrip domestic sales

Spanish sugar confectioner Sanchez Cano will grow sales in export markets faster than its home market and will do so through innovation, according to its export manager.

Compound chocolate growth to outstrip ‘real’ chocolate, says Bühler

The global market for compound chocolate will grow faster than regular chocolate, according to equipment supplier Bühler which is gearing up to launch a smaller capacity compound chocolate processing machine...

ISM 2013 Cologne

Barry Callebaut talks customization, certification and Petra Foods

Barry Callebaut speaks to ConfectioneryNews.com about a growing trend for customization, rising demand for certified cocoa and its $950m bid to acquire Petra Foods’ cocoa ingredients division.

Philippines as an emerging ‘quality’ cocoa origin

The Philippines can evolve as a top-quality cocoa source and serve the needs of growing demand for chocolate in Asia, according to a start-up company trading beans in the market.

Samba time for sugar and gum confectionery in Brazil, says Mintel

The time is right for gum and sugar confectionery in Brazil as growing consumer prosperity means people want to indulge, says Mintel.

ProSweets 2013 Cologne

Sollich: ‘Within 3-5 years Africa will become an interesting market’

Chocolate processor Sollich will target Africa as its next market; a region that will become very interesting over the next 3-5 years, its executive director said.

News in brief

ADM ups cocoa processing 17% in Singapore

ADM Cocoa has expanded its cocoa processing in Singapore which increase its output in the country by 17%.

Asian sweet-tooth may be suppressed by hot drink preferences – study

Asian people may consume fewer sweet goods such as chocolate because they prefer hot beverages, according to new research.

Barry Callebaut targets authenticity with single origin cocoa and chocolate

Barry Callebaut has unveiled new cocoa and chocolate products at ISM in Cologne, including Cameroon origin cocoa for baked goods, and single origin chocolate from Cameroon and Java.

Large scale solar food processing under investigation

Large scale solar food processing remains under-exploited, especially in hot countries, according to a study that is due to be published in the Journal of Food Science and Technology.

Scaling up cocoa origins closer to China easier said than done, says Mars

Sourcing cocoa closer to the booming Chinese chocolate market is more challenging than it seems, according to Mars.

Asian chocolate market still promising despite lower than expected grinds

Asian chocolate demand is weaker than hoped but the market still represents significant potential, according to an analyst.

Mondelez eyes Saudi expansion with new JV

Cadbury owner Mondelez International has entered a joint venture to expand distribution in Saudi Arabia, which it calls an “important and strategic market” in the region.

News in brief

India has a ‘bright’ confectionery future

India’s confectionery market has a ‘bright future’ and will be bolstered by a growing gifting culture and increasing rural consumption, a report suggests.

News in brief

China not snacking on potato chips, but US and France are

China’s potato chip consumption is low with consumers choosing biscuits, candy and chocolate instead, but the US and France top the global consumption charts, new research shows.

New horizons

Foreign firms must take strategic look at entering China

The key to winning over Chinese consumers is mastering distribution strategies, according to a new report by Rabobank, which also suggests that the country should be on the radar of...

Cut reliance on seasonal confectionery in Brazil with premium goods – Leatherhead

Confectioners are struggling to reduce their dependence on seasonal products in Brazil, but could benefit from the growth of premium chocolate, according to an analyst from Leatherhead Food Research.

Mondelez in fresh tax evasion probe in India

Mondelez International subsidiary Cadbury India is under investigation for alleged evasion of excise duties by authorities in India.

Rising incomes in developing countries driving processing machinery growth, says report

The demand for bakery and confectionery food processing machinery is to increase over the next few years as employment and incomes rise in developing countries, according to Freedonia.

Not too late for confectioners in China, says Rabobank

Opportunities exist for confectioners yet to enter China, but they must come with a targeted distribution strategy, according to Rabobank.

Evolve Indian chocolate market in premium space, says analyst

Chocolate manufacturers can grow further in India with premium products after already opening up the market to low-income consumers, according to an analyst.

Mondelēz takes tumble in developing markets

Mondelēz International was weighed down by operational issues in Brazil and Russia in the third quarter (Q3) which harmed overall performance in its first results since it split from Kraft...

Sweet Politics

Mondelēz favors sweeter US trade relations with Russia

Mondelēz International lobbied the US government to establish permanent normal trade relations with Russia earlier this year as it set its sights on the developing market.