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.
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,...
Mondelez International has entered into a marketing partnership with InnerWorkings in Brazil, one of its priority markets.
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’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...
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...
The Russian sanitation authority has suspended imports from the major Ukranian confectionery company Roshen amid safety concerns. Yet Roshen remains in the dark.
Which nations had the highest chocolate consumption per capita in 2012?
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.
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...
Italian chocolatier Ferrero has joined Haribo and Perfetti Van Melle in entering the Burmese market.
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.
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.
German candy maker Haribo has entered the Burmese market and expanded its distribution in Singapore through a deal with expansion services provider DKSH.
Ukrainian confectioner Roshen has defended the quality of its products following criticism from Russia’s federal health and consumer watchdog.
Mondelez International will invest $350m in a cookie plant that will become the world’s largest, according to the President of Mexico.
Barry Callebaut has opened its second factory in Mexico to supply chocolate to Grupo Bimbo, the domestic market and Central America.
Confectionery and bakery exports from the EU have risen 17% from 2010 to 2011 driven by chocolate deliveries to emerging economies in Asia.
Nestlé has followed in the footsteps of Mondelez by coming up with its own non-melting chocolate, which could prove a game changer in emerging markets with hot climates.
Mondelez International has announced that it has begun expanding an Oreo and Chips Ahoy! biscuit plant based in the second largest market for both brands - China.
Mondelez International plans to close gum factories in Lebanon and Morocco as it moves to consolidate production into larger facilities.
South Korea has one of the lowest birth rates in the world and confectioners must think about how they can cater to an increasingly aging population, according to Leatherhead Food...
Mondelez International has set aside a $600m warchest over the next three years to cement its position in emerging markets.
The Brazilian biscuit market is set to grow 25% in value sales in the next five years and a big opportunity exists for healthy cookies marketed to women, according to...
Hershey has launched a new brand in China that will operate in what it has called the country’s fastest growing confectionery segment.
Japanese firm Ezaki Glico has entered a joint venture with Haitai Confectionery Food to sell its Pocky chocolate candy in Korea.