A Unique Way to Develop New Confectionery Products
Baker Perkins
Trends > Premium
Premium
Luxury products have been touted as a growth area for developed markets by analysts. Finding that extra ingredient and the perfect country to aim for could help candy makers boost sales in seemingly stale markets.
Thorntons commercial focus pays off over key seasonal period
UK chocolatier Thorntons has reported increased sales in the third quarter as its focus on the commercial channel drove performance over Valentine's Day, Mother's Day and Easter.
New Zealand chocolate consumers ‘trade up’ for ethics and health: Leatherhead
Consumers in New Zealand are spending more on healthier and ethical chocolate variants - a move that has aided growth in the burgeoning sector, an analyst says.
Lindt to seize on Singapore’s premium chocolate cravings with DKSH deal
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.
Cadbury India discounts Toblerone to grow premium category
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.
News in brief
Thorntons reports ‘satisfactory’ Easter
UK chocolatier Thorntons has reported that its Easter trading has been “satisfactory” and will help its profit climb above expectations.
Lindt loses 12-year gold bunny trademark case
Lindt & Sprüngli has lost a trademark case for its Goldbunny against Confiserie Riegelein in Germany that spanned 12 years.
News in brief
Lindt invests €70m in French plant expansion
Swiss chocolate maker Lindt & Sprüngli will invest €70m ($90m) to expand its factory in the South of France to up its capacity for premium tablet ranges.
Lindt claims partial immunity from economic downturn as profits surge
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....
Premium to drive South African chocolate market up 10% per year
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.
Maltesers and Lindor get bar format makeover
Two major chocolate brands have been launched in block format as Mars Chocolate unveils Maltesers Teasers and Lindt introduces Lindor single serve bars.
Dark chocolate bitterness can be reduced with green coffee, finds Callebaut
Barry Callebaut has developed a formula to reduce the bitterness of high cocoa chocolate using green coffee that doesn’t give a coffee taste and ups antioxidant content.
Sweet & Snacks Expo Preview
Affordable gourmet confectionery flourishes at NCA’s Sweet & Snacks Expo
Affordable gourmet confectionery is on the rise in the US, according to the National Confectioners Association (NCA) which has seen a hike in demand from exhibitors wanting to showcase products...
News in brief
Lindt launches wasabi chocolate in US
Lindt & Sprungli has added three new products to its chocolate range including a bar featuring wasabi.
ISM 2013 Cologne
Convenience, shelf-life and health: Gourmet fruit range plugs all, says Taura
Taura Natural Ingredients’ newly launched gourmet fruit inclusion range plugs convenience, shelf-life and health for the artisanal baker, its marketing manager says.
Premium, value or bust, says Rabobank
Confectioners must position themselves in the premium or value segment or face sales meltdown as consumers alter spending habits, according to Rabobank.
ProSweets 2013 Cologne
Ecological aspects and special effects to drive the cardboard packaging market, says CEO of PAWI Packaging
The cardboard packaging market will continue to be driven by ecological aspects for 2013 but also increased interest in special effects, the CEO of PAWI Packaging says.
‘Commercial channel will become the biggest’ – Thorntons CEO
UK premium chocolate firm Thorntons has restored sales growth in its second quarter trading update as its focus shift from own-stores to commercial sales pays dividends.
Analyst insights
Lindt posts strong 2012 sales as Nestlé hovers, says analyst
Lindt & Sprüngli recorded strong sales growth in 2012 and could prove an attractive “end game” acquisition for fellow Swiss confectioner Nestlé, according to one analyst.
Wrigley UK foresees 'small bottle' £12m sales win
Wrigley UK is expecting an additional £12m ($19.3m) in sales by introducing smaller sized bottle packs for chewing gum that are more affordable for consumers.
Premium chocolate to lead Ukrainian confectionery resurgence, says Leatherhead
Premium chocolate will help the Ukrainian confectionery market return to growth despite sugar confectionery currently proving the more popular category, according to an analyst Leatherhead Food Research.
Evolve Indian chocolate market in premium space, says analyst
Chocolate manufacturers can grow further in India with premium products after already opening up the market to low-income consumers, according to an analyst.
New Zealand almost ten years behind European premium chocolate trends, says local firm
Founder of a New Zealand chocolate firm says the country remains almost a decade behind Europe in terms of premium chocolate trends.
Luxury chocolate to grow developed markets, says analyst
Chocolate manufacturers must invest in luxury and premium to drive sales in developed economies but dedicate focus on distribution and mid-priced products for emerging markets, an analyst says.
Scope to develop Austria’s dark chocolate sector, analyst
A consumer shift towards dark chocolate in Austria holds lucrative opportunities for manufacturers, according to Leatherhead analyst.
New Darrell Lea pet food bosses to target premium confectionery, says analyst
The premium end of the market will help the new owners of Australian confectioner Darrell Lea differentiate themselves from market leaders Mars and Kraft, according to a market analyst.
