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.
Cocoa grinds in Asia were widely expected to rise but have declined sharply by 10.8% in the first quarter of 2013 compared to last year.
Consumers in emerging markets are more receptive to new chocolate products than counterparts in established markets because they don’t have a point of reference, according to ADM Cocoa’s innovation chief....
Fini brand owner Sanchez Cano has set-up a new trade branch in Chile to help it grow in Latin America.
Wales-based character confectionery firm Bon Bon Buddies is aiming to double its sales in the next five years through growth in international markets such as the Middle East.
Belgian chocolatier Duc d’O has rebranded its flaked chocolate truffles to appeal to Chinese and Russian consumers looking for authentic handmade chocolate.
Premium chocolatier Lindt & Sprüngli has reached a deal with market expansion services group DKSH to strengthen its position in the Singapore where demand for premium chocolate is rising.
Spanish chocolate and cocoa processor Natra has opened a sales office in Hong Kong in anticipation of a boom in Chinese chocolate consumption.
All confectionery categories will grow in Mexico over the next five years, but gum will grow the fastest and confectioners can capitalize with products enriched with vitamins and minerals, according...
Mondelez International’s Cadbury India has introduced a two-week promotion on Toblerone in most modern retailers in a bid to grow the premium chocolate category.
Brazil has one of the largest markets for Easter confectionery and has had more Easter launches than anywhere else, but the Chinese have yet to look beyond the religious nature...
China will become Hershey’s number two market behind the US in the next five years and will get there through advertising, expanding distribution and new launches, according to the company’s...
Lindt & Sprüngli’s operating profit rose 10.3% in 2012 and the company has declared itself “partially unaffected” by the continuing economic downturn as consumers still seek quality chocolate in tough times....
Market analysts Frost & Sullivan expects the South African chocolate market to grow 10% per annum in the next five years driven by rising incomes and locally-sourced premium products.
Brazil’s reliance on cocoa imports exposes the domestic chocolate market to price variation, according to market analysts Mintel.
The confectionery industry is not immune to economic recession and must exploit opportunities in emerging economies to grow, according to an analyst from Goldman Sachs.
Brazil, Russia, India and China are not the only markets capturing the attention of the world’s leading chocolate company Mondelez International.
Cargill plans to increase its cocoa processing capacity by 25% at its plant in Ilhéus, Brazil, to keep up with rising consumer demand for chocolate and cocoa products in the...
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%.