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Trends > Emerging Markets

News in brief

Emerging markets continue to drive growth for Nestlé and Unilever

Industry giants Nestlé and Unilever report steady sales growth driven by emerging markets for first quarter of 2017 and predict continued growth throughout the year.

Our own cocoa buying company in Ghana cuts out middlemen to benefit farmers, says Cargill

Cargill says its recently established licensed buying company (LBC) in Ghana helps cocoa farmers avoid being paid through a third party.

FBIF 2017

Why third and fourth tier cities are crucial for MNC growth: Mondelez China boss

Multinationals striving for growth in China need to better target third and fourth tier cities by improving distribution and building relationships with local retailers.

Radfords Fine Fudge to launch Fairtrade fudge and honeycomb

Radfords Fine Fudge has started a crowdfunding campaign to launch a range of Fairtrade fudge and honeycomb confectionery.

Aldomak to expand globally after BRC certificate

Aldomak says it will expand its portfolio globally after receiving an A-grade certificate from the British Retail Consortium (BRC).

DS Smith, International Paper & Smurfit Kappa in fraud investigation

The Italian Competition Authority (AGCM) has launched an anti-trust investigation into alleged corrugated sheet and packaging fraud in Italy.

China direct

Barry Callebaut targets China’s premium market with ‘refreshed’ range

Chocolate and cocoa supplier Barry Callebaut has increased its number of product lines available in China after seeing sales of its gourmet range doubling over the last four years.

Advances in wearable Smart Glasses will outpace handheld technology

By the end of the year, manufacturers will see ‘transformational’ wearable technology in the consumer market, which will overtake sales of handheld devices, says NSF International.

Nut chocolate consumption increases globally, says Almond Board of California-backed study

A survey conducted by the Almond Board of California (ABC) and Sterling-Rice Group (SRG) suggests 70% of consumers across the globe prefer chocolate products with nut inclusions. 

Ülker plots geographic expansion with new parent pladis

Turkish confectioner Ülker is aiming to become the leader in Egypt’s biscuit market and hopes to expand in the Middle East & North Africa, Central Asia, Russia and China through...

Big data: Which brands top confectionery sales in Beijing?

Trade body China Candy has collected February confectionery data from thousands of retailers in Beijing. 

Hershey may kiss older international plants goodbye with roughly 2,700 job cuts

Hershey plans to reduce its global workforce by 15%, mainly outside of the US, under a new supply chain efficiency program.

Anlit develops veggie turmeric gummies to tap confectionery supplement growth

Anlit has develop its first pectin-based gummies that deliver curcumin amid growing interest for natural confectionery supplements for adults.

Mondelēz adds Minions mints in China with Stride

Mondelēz has launched Minions-themed varieties of Stride mints in China  through partnership a partnership with Universal Pictures.

Mondelēz names 2017 ‘Year of Well-being and Innovation’ with launch of Véa snacks

Mondelēz has added savory biscuit brand Véa to its portfolio, targeted at today’s health-conscious millennials.

Lotte to face 'severe consequences' if it allows US missile system, warns China

China’s state media outlet Xinhua has urged Lotte to reject a US missile system on a golf course owned by the Korean conglomerate or face "severe consequences"....

Hershey and Mars lose China market share to Nestlé and Ferrero

Hershey and Mars have lost market share in China's declining confectionery category to Nestlé and Ferrero, according to Euromonitor Shanghai.

Mars to enter UK supplement space with cocoa flavanol pills

Confectionery giant Mars plans to launch its CocoaVia line of cocoa flavanol-based food supplements in the UK and Ireland later this month.

Nestlé targets Millennial travelers with KitKat Mini Moments

Nestlé International Travel Retail (NITR) has started rolling out KitKat Mini Moments across major international airports following an initial launch at Dubai International Airport in December, 2016. 

Fairy Chocolates targets Asia expansion with Cho'clair Minis

Belgian luxury confectioner Fairy Chocolates has introduced a mini version of its éclair praline fusion Cho’clair as it concentrates on expansion in Asia.

ISM 2017

Bon Bon Buddies extends Disney partnership with new fruit candies

UK licensing confectioner Bon Bon Buddies has unveiled its latest “100% fruit-made” candies, Fruitickles, at ISM 2017 in Cologne, Germany, but will not roll out the brand across the EMEA region until...

Fake Ferrero and Mars chocolate seized in China

Chinese police recently seized 300,000 counterfeit chocolate pieces during the 2017 Lunar New Year worth around 700 RMB ($102) per box, after a wedding candy store owner received complaints from local consumers.

Full-year results

Mondelēz revenues slide 13% in 2016 as analysts casts doubt on Kraft-Heinz merger

Oreo maker Mondelēz has posted a sharp drop in reported full-year revenues as analysts speculate a potential tie-up with Kraft-Heinz is now uncertain after the Brexit vote and Trump presidency....

Mondelēz’s Milka brand enters brownies segment, ready to roll out across Europe

Mondelēz-owned Milka has launched its first brownie products in France, and plans to introduce the range across other key EU markets in 2017, according to the company’s Twitter.

Q4 and full-year results

Hershey bets on multi-textural snacking and Chinese e-commerce for growth

Reese’s and Cookie Layer Crunch will be major investment focuses when Hershey’s next CEO Michele Buck takes office in March, 2017, according to the company’s Q4 earnings conference call....

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