Breaking News on Confectionery & Biscuit Processing

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Analysts predict lightning growth for Indian confectionery market

India’s confectionery market is expected to grow by almost three-quarters in four years as the burgeoning middle-class consumes more gums and jellies, and chocolate still dominates.

Big Tobacco eyes caffeine growth with oral strips

The launch of oral caffeine strip Reon sees cigarette-making giant Imperial Tobacco diversifying its market attentions and targeting on-the-go urban professionals.

‘Dramatic decline’ in Asia cocoa grind as emerging markets slow

Asia’s cocoa grind dropped 17.2% in the fourth quarter after an economic slowdown in China, adding another cocoa processing decline to the world jigsaw.

The fourth degree: Our heat tolerant chocolate doesn’t skimp on taste, says Barry Callebaut

Barry Callebaut says it has developed a thermo-tolerant chocolate that can withstand four degrees more heat than a standard chocolate recipe without compromising on taste.

Fairytale Denmark: Michelsen signs book deal to support China push

Danish premium chocolatier Michelsen hopes to break into China after teaming with a start-up company that produces hollow Hans Christian Andersen books containing chocolate.

Mars spends $140m on GCC factories expansion

Chocolate maker Mars has invested a total of US$140m in new manufacturing facilities in Saudi Arabia and the UAE to increase production of its Galaxy and Snickers lines.

Cargill opens $100m Indonesian cocoa plant

Cargill has opened its first cocoa processing facility in Asia in the East Java region of Indonesia.

Spice up the Indian premium chocolate market, says taster

Multinational chocolate manufacturers are failing to cater to Indian tastes and should experiment with spices such as green cumin and saffron, according to India’s only professional chocolate taster.

Bringing chocolate home: Africa is more than the world’s cocoa basket, says Madécasse

The chocolate industry and fairtrade movement are perpetuating poverty in Africa by relying on the continent for it’s agricultural assets rather than manufacturing potential, says Madagascan chocolate maker Madécasse....

Mondelez to invest $24m in Turkish confectionery plant

Mondelez International has said it will invest $24m (€19.3m) to expand its Gebze plant in Turkey, as the company continues its plan to increase productivity and cut costs.

Mondelēz to acquire Vietnamese biscuit leader Kinh Do for $370m

Mondelēz International will acquire a 80% stake in Vietnam’s leading biscuit firm Kinh Do to spur growth in the rising Asia-Pacific market.

Chocolate gloom inspires compound coating boom in Asia and Eastern Europe, says Cargill

Cocoa powder demand for use in compound confectionery coatings is rising rapidly in Asia and Eastern Europe as rising cocoa butter prices up the cost of chocolate manufacturing.

Q3 results

Ülker grows in Turkey, but Iraq conflict eats into export sales

Wholesale price hikes and product downsizing help Ülker grow net profit in Q3, but export volumes shrink due to instability in Iraq.

Live from Gulfood Manufacturing 2014

Cargill Foods launches commercial operation for METNA

Cargill Foods has launched a commercial operation for METNA (Middle East, Turkey & North Africa) to operate under one business sector.

French trade dispute dents Mondelēz Q3 earnings

Mondelēz International third-quarter earnings fell 11% compared to last year due to disputes with French retailers over wholesale pricing changes and 'soft' developed market demand.

Yildiz still lacks 'power brands' after United Biscuits buy: Analyst

Yildiz Holding's acquisition of UK United Biscuits makes it the world's third largest biscuit player, but now it will have to work hard to find its 'power brand' answer to Mondelēz's...

Brazilian confectioners shifting to automated equipment, says Carle&Montanari-OPM

Equipment supplier Carle&Montanari-OPM has opened a Latin America office to capitalize on rising demand as Brazilian confectionery move to automated secondary packaging equipment.

Mondelēz eyes premium Asian exports with largest R&D center in Australia

Mondelēz International has officially opened its Asia-Pacific Chocolate and Confectionery Center of Excellence in Australia, creating a base for the largest food R&D team in the country, according to local...

Third Quarter Results

Hershey lowers full-year forecast after international glitch

Hershey has lowered its full year guidance after a slowdown in Brazil and Mexico and a gross profit margin decline due to higher dairy and cocoa costs.

News in brief

Barry Callebaut to spend $11.5m on Brazilian plant expansion

Barry Callebaut will increase capacity at its factory in Extrema, Minas Gerais in Brazil in anticipation of rising demand in the region.

Cocktail Candy: We're not marketing to kids

Belgian firm Candy Pack says it understands why some people might be "touchy" about the idea of alcohol-themed confectionery, but insists it isn't targeting children for its Cocktail Candy range....

Brazilian biscuit and bread associations merge in ‘basic basket’ tax hope

Brazil’s National Biscuit Industry Association (ANIB) is merging with the country’s Association of Pasta Manufacturers (ABIMA), which also represents the processed bread and industrial cakes sector, to form a new...

Tate & Lyle opens new Chinese facility

Tate and Lyle, which has a £3.1bn turnover, opened its latest polydextrose facility last month in China.

Six turrón ‘nougat’ firms investigated for market rigging in Spain

Spanish authorities have opened disciplinary proceedings against possible anti-competitive practices of half a dozen manufacturers of the country’s traditional almond candy turrón.

Taste prediction model forms bedrock of Cargill’s stevia technology

Cargill, long a leader in stevia technology, says its taste prediction model forms the foundation of its new stevia technology, called viaTech.

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