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.
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.
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.
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...
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.
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.
The time is right for gum and sugar confectionery in Brazil as growing consumer prosperity means people want to indulge, says Mintel.
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.
ADM Cocoa has expanded its cocoa processing in Singapore which increase its output in the country by 17%.
Asian people may consume fewer sweet goods such as chocolate because they prefer hot beverages, according to new research.
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 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.
Sourcing cocoa closer to the booming Chinese chocolate market is more challenging than it seems, according to Mars.
Asian chocolate demand is weaker than hoped but the market still represents significant potential, according to an analyst.
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.
India’s confectionery market has a ‘bright future’ and will be bolstered by a growing gifting culture and increasing rural consumption, a report suggests.
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.
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...
Wrigley has opened a factory in Guangzhou with an investment of over RMB1m (US$173.4m). The company claims that the 138,000sq-m site, in the Yonghe Economic Zone, is the largest, most...
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 International subsidiary Cadbury India is under investigation for alleged evasion of excise duties by authorities in India.
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.
Opportunities exist for confectioners yet to enter China, but they must come with a targeted distribution strategy, according to Rabobank.
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 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...
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.