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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.

New UTZ code: Child labor ‘prevention’, climate changes, living wages and gender equality

Certifiers UTZ says a redraft of its code of conduct focuses on ‘prevention’ and monitoring of child labor on farms as well as including new measures around climate change.

Olam invests $61m in first Asian cocoa plant

Agri-giant Olam International has announced plans to invest $61m in a new cocoa-processing plant in Indonesia, its first in the region.

Roshen owner: “This is confirmation of the fact that the policy I stick to is pro-Ukrainian."

Political undertones? Roshen loses appeal against Russian asset freeze

Ukrainian confectionery firm Roshen has lost its appeal against the Russian court’s decision to seize assets of $80m. 

Cargill puts Sulawesi on sustainable map as part of $100m Indonesian investment

Swiss business developer and Indonesian government signs Cargill Cocoa Promise, just as the firm announces initial cocoa processing tests at its first Asian plant in East Java.

Health conscious Indians ditch traditional sweets for chocolate - TechSci Research

Indian consumers are swapping traditional, high calorie confectionery in favor of chocolate, according to TechSci Research.

Brazil’s Dori eyes North America export growth

Brazilian confectioner Doris Alimentos plans to build a US distribution center to grow its North American export business.

United Confectioners loses Icebreaker trademark in Hershey dispute

Russia’s intellectual property court has cancelled United Confectioners’ IceBReAKeR trademark following a clash with Hershey.

Hershey plans Reese’s rollout in emerging markets after tough quarter

Hershey is planning to roll out Reese’s peanut butter cups in Mexico, Brazil and China after posting below-par first quarter results.

News in brief

Cadbury India becomes Mondelēz India Foods Limited

Mondelēz International subsidiary Cadbury India has changed its name to Mondelez India Foods Limited.

News in brief

Asian cocoa grind up 4% in Q1

The amount of cocoa processed in Asia grew 4% in the first quarter of 2014 compared to the same period last year.

Abraaj Group plans Middle East & North Africa expansion for Kool Food

Private equity firm Abraaj Group has acquired a stake in Moroccan chocolate company Kool Food and plans to expand distribution in the Middle East and Africa.

Halloren targets Thailand and Korea for export growth

German confectioner Halloren believes its best growth prospects lie in the fast growing markets in Thailand and Korea as well as North America amid intense competition in its home market.

Mondelēz downplays Russia sanctions as it announces $110m factory

Mondelēz International has made light of potential trade sanctions against Russia for its annexing of Crimea and announced a $110m factory in Siberia.

Mars develops heat resistant chocolate with polyol mix

Mars has filed a patent for heat resistant chocolate that can withstand hot climates, following an earlier application from Mondelēz and Nestlé.

Mars to source cocoa from India

Mars follows in Cadbury footsteps as it looks to source cocoa from India, a crop that still only accounts for a tiny fraction of world production.

Duc d’O eyes growth in ‘dynamic’ Indian chocolate market

Belgian truffle maker Duc d’O has entered India through a distribution deal with Cosmo Fine Foods and hopes to target increasingly affluent Indian consumers.

Candy counterstrike: Ukraine bans chocolate from Russia’s United Confectioners

The Ukrainian government has banned certain candy and chocolate products from part Russian state-owned firm United Confections.

Barry Callebaut restores growth as Petra integration advances

Barry Callebaut has returned to net profit growth in its half year results as it further integrates the cocoa ingredients business acquired from Petra Foods.

Chocolate war: Soviet brand dispute behind Roshen factory raids

Russia has seized the Russian factories of Ukraine’s leading chocolate company Roshen.

Special Edition: Consumer friendly confectionery packaging unwrapped

Interactive packaging: What the world is waiting for?

Big brands may be dipping their toes in the interactive packaging pool, but two analysts question whether consumers really want this technology and ask if if manufacturers can keep the technology...

Special Edition: Consumer friendly confectionery packaging unwrapped

White is the new black – but does it make a bland shelf?

White packaging is on the rise globally, but it will be interesting to see how this plays out within the retail space, according to an industry commentator.

Court-appointed panel split over junk food ban near schools

Banning junk food near schools, one of India’s biggest and long-running public health issues, seems like it will continue some more after industry officials and health activists on a court–appointed...

Lindt joint venture to spark retail presence in Brazil

Lindt & Sprüngli will open three retail stores in São Paulo this year thanks to a joint venture with Brazilian premium chocolate specialist the CRM Group.

Nestlé wants to empower more women to work in engineering

As the United Nations held its 6th Annual Women’s Empowerment Principles (WEPs) in New York, last week, Nestlé shared its efforts to encourage women worldwide to work in the marketplace...

Russia vs. EU: Ukranian 'chocolate king' picks his side

The anti-Russian sentiments of Roshen's owner means the future of Ukraine’s biggest confectioner rests on the political fate of his country, an analyst has said.

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