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Trends > 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.

Orkla questions United Confectioners Soviet brand monopoly

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 India bets large on Asia-Pacific’s biggest chocolate plant

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...

Synthetic spearmint supplier scales up production to offer purer alternative

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...

Roshen in the dark over Russian import ban

The Russian sanitation authority has suspended imports from the major Ukranian confectionery company Roshen amid safety concerns. Yet Roshen remains in the dark.

Editor's Blog

Interactive Map: Top 20 chocolate consuming nations of 2012

Which nations had the highest chocolate consumption per capita in 2012?

Cadbury India top brass shakeup unconnected to tax probe, says Mondelez

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.

Russian Chocolate Revolution

Soviet chocolate faces the wrath of foreign invasion – Leatherhead

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...

Ferrero enters Burma as market ‘opens for business’

Italian chocolatier Ferrero has joined Haribo and Perfetti Van Melle in entering the Burmese market.

Can chocolate-covered dates become UAE national export?

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. 

Asian cocoa grind defies slowing Chinese economy

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.

Haribo enters Burma and strengthens Singaporean presence

German candy maker Haribo has entered the Burmese market and expanded its distribution in Singapore through a deal with expansion services provider DKSH.

Roshen defends quality concerns raised by Russian watchdog

Ukrainian confectioner Roshen has defended the quality of its products following criticism from Russia’s federal health and consumer watchdog.

Mondelez to build ‘world’s largest cookie plant’ in Mexico

Mondelez International will invest $350m in a cookie plant that will become the world’s largest, according to the President of Mexico.

Barry Callebaut opens $48m factory in Mexico

Barry Callebaut has opened its second factory in Mexico to supply chocolate to Grupo Bimbo, the domestic market and Central America.

Sun sets in the East for rising EU confectionery exports

Confectionery and bakery exports from the EU have risen 17% from 2010 to 2011 driven by chocolate deliveries to emerging economies in Asia.

Nestlé’s answer to non-melting chocolate

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 spends $85m on Chinese biscuit plant expansion

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 overhauls gum production as two sites close

Mondelez International plans to close gum factories in Lebanon and Morocco as it moves to consolidate production into larger facilities.

Functional confectionery opportunity for aging S Korean population, says Leatherhead

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 creates $600m kitty to seize emerging markets

Mondelez International has set aside a $600m warchest over the next three years to cement its position in emerging markets.

Functional cookies for women: Opportunities in growing Brazilian biscuit market

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 brand launch in ‘fastest growing’ Chinese confectionery segment

Hershey has launched a new brand in China that will operate in what it has called the country’s fastest growing confectionery segment.

News in brief

Ezaki Glico enters JV in Korea

Japanese firm Ezaki Glico has entered a joint venture with Haitai Confectionery Food to sell its Pocky chocolate candy in Korea.

Petra Foods buoyed by ‘vibrant’ Asian consumption in Q1

Singapore-based Petra Foods has reported first quarter profit gains in its branded consumer division driven by rising chocolate consumption in markets such as Indonesia and the Philippines and improved margins...

News in brief

Asian cocoa grind falls 10.8%

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.

Key Industry Events