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Breaking News on Confectionery & Biscuit Processing

Trends > Outsourcing

Outsourcing

Outsourcing

Analysts expect the industry to consolidate by outsourcing manufacturing and focusing purely on sales and marketing. Follow firms providing contracting manufacturing and private label here.

BREXIT

British food firms set to increase trade with US following Brexit vote

UK confectionery and snack businesses may look to ramp up their trade with the US in light of last week’s vote to leave the European Union.

First-half results

Barry Callebaut defies chocolate declines, but net profits slump

Barry Callebaut has posted volume growth above the chocolate confectionery market in its half-year results, but net profit fell mainly due to currency fluctuations and a challenged cocoa ingredients business.

Oreo bakers’ union files lawsuit against Mondelēz

Mondelēz International faces a court case brought by disgruntled employees at its plant in Chicago, half of whom will lose their jobs after the company shifted the factory’s Oreo production...

Interactive Media

Chocoa 2016: Emerging origins, poverty alleviation & future techs

Commercial cocoa plantations poised to double share of global cocoa output while fine flavor cocoa nations rally behind a commodity described as the 'poverty crop'. Discover our key takeaways from...

Hershey seeks innovation partner to ship chocolate in hot weather

Hershey has launched a contest calling for companies to help it develop a lightweight, affordable shipping system that will keep chocolate cool even in the warmest months.

Toy-filled candy market opens up in US as Atlantic Candy extends licensing rights

Atlantic Candy Company, the contract manufacturer of Yowie, is now able to produce toy-filled candy using its special child-safe pod for others under license.

Inside the ‘black box’: Crowdsourcing platform allows confectioners to gauge in-store impact

US confectioners can measure the effectiveness of in-store merchandising and promotions in real-time and quickly correct any issues by drawing on a network of 800,000 contractors, says the founder of start-up Gigwalk....

TPP trade agreement ‘good news' for US confectioners: SUA president

The recent finalization of the Trans Pacific Partnership is good news for confectioners and sugar-using manufacturers across the US, according to Rick Pasco, president of Sweetener Users Association (SUA).

Hershey fortified peanut butter project feeds Ghanaian stomachs and economy

Chocolate giant Hershey has committed to 100% local peanuts for its Ghana school feeding programme.

Confectionery marketing a new game in the digital world, says IRI

Shopper insights firm IRI says traditional methods to measure the impact of marketing campaigns on store sales are outmoded in the digital age.

Keeping sugar same in TPP ‘unsustainable and unacceptable’: NCA

The National Confectioners Association (NCA) is pushing for Australia to be allowed to export more sugar to the US under the Trans Pacific Partnership (TPP) as it decries plans to...

Q2 results

Mondelēz continues to suffer from chocolate price hike fallout in Europe

Oreo maker Mondelēz International saw net revenues decrease by 9.2% to $7.7 billion in the second quarter 2015, with Europe taking a 16.7% hit.

Sleep easy and avoid logistical nightmares: Breaking into export markets for smaller confectioners

Small-to-medium sized confectioners making their first moves into export markets must be clued up on local regulations, consider temperate changes and pick distributors carefully to avoid mishaps, says UK firm...

236 jobs saved: Baronie acquires Ashbury Chocolates

Baronie has acquired UK private label chocolate firm Ashbury Chocolates, which entered administration earlier this month.

Barry Callebaut adds US plant in World's Finest Chocolate outsourcing deal

Barry Callebaut has entered a long-term agreement to supply industrial chocolate to World's Finest Chocolate and has leased the latter’s Chicago plant.

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.

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...

Tate & Lyle opens new Chinese facility

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

Turning emotions in to actions: Why do consumers spend more on ethical products?

Ethical consumption, and consumer willingness to pay more for ethical products, is motivated by a need to turn emotions about unethical practices into action, say researchers.

Infographic

‘Then there were two’: Cargill takes risk by entering industrial chocolate ‘duopoly’

Cargill joins Barry Callebaut as the joint industrial chocolate powerhouse after its acquisition of ADM’s chocolate operations, but the move is risky in the volatile cocoa economy, says an analyst....

Natra takes out $33m loan after cocoa prices hit chocolate business

Natra has secured credit to mitigate the effect of rising cocoa prices, which have harmed its chocolate business.

Barry Callebaut opens Chilean factory to source Arcor

Barry Callebaut has opened its first plant in Chile to source Latin American confectioners Arcor and other industry players.

German choc firm shifts packaging to Poland in search of cheaper labor

Hachez, owned by the Danish Toms Group, will move part of its packaging production from Germany to Poland in an attempt to claw back some of its recent losses.

“The IEA does not accept state money, and all of our research is independent of corporate funding.”

UK think tank denies Malaysian palm oil conflict of interest accusations

The Institute of Economic Affairs (IEA) has said categorically it does not accept state money, following accusations by a Malaysian media outlet that the UK think tank is in bed...

News in brief

Petra Foods appoints Saatchi & Saatchi for creative direction

Singapore-based Petra Foods has appointed ad agency Saatchi & Saatchi to oversee the creative stategy for its SilverQueen and Delfi Top brands.

Key Industry Events