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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.

Kellogg’s interest in Egyptian snack maker BiscoMisr ‘makes sense’

Kellogg has bid for a 51% stake in Egyptian biscuit and breakfast cereal firm BiscoMisr, according to a filing in Egypt’s stock exchange – a move which would makes sense,...

Mondelēz picks Poland over Botswana for African gum

Mondelēz International will close its chewing gum plant in Botswana and move production to Poland as African consumers ditch pellet gum for slab gum.

Polish confectionery exports blossom and should continue without Russia: KPMG

Export value of the Polish confectionery market almost doubled in the last five years and shouldn’t stop growing even in case of a potential Russian embargo on confectionery, according to...

Cambridge University and mystery industry backer to explore heat tolerant chocolate

Scientists at the University of Cambridge are to research how to keep chocolate from melting in hot, tropical regions.

News in brief

Shanghai M&M’s World ‘the next stage’ for Chinese brand building, says Mars

Mars has opened an M&M’s retail store in Shanghai, which it hopes will lift brand loyalty in China.

Nutresa chocolate arm rocked by rising cocoa costs

Colombia’s leading chocolate firm Grupo Nutresa has reported a drop in earnings for its chocolate division in Q2 due to mounting cocoa costs.

Move over! Asia Pacific to top North America in 2014 confectionery sales

Asia Pacific will leapfrog North America in 2014 retail value confectionery sales to become the world’s second largest market, according to Euromonitor International.

São Paulo bans sale of Easter eggs with toys

São Paulo’s city assembly has approved a new bill prohibiting the sale of toys coupled with Easter eggs in the city.

German choc firm shifts packaging to Poland in search of cheaper labor

Hachez, owned by the Danish Toms Group, will move part of its packaging production from Germany to Poland in an attempt to claw back some of its recent losses.

New Zealand

Taura claims its fruit pieces are the world's smallest

Kiwi fruit products company Taura Natural Ingredients has introduced what it claims is possibly the world’s smallest real fruit pieces.

Wood you? Novel pigment tipped for gummy and hard candies

Neocandenatone, a purple pigment found in the heartwood of Dalbergia congestiflora trees, could hold colorant possibilities for gummy and hard candies, according to Mexican research.

Children see, children do: Will Mexican kids slim down by watching less candy ads?

Just a week after Mexico banned commercials for soda, snacks and confectionery products during cinema showings of children’s movies and during children’s TV programming, Mexican authorities say ads for Nestlé,...

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.

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