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.
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.
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.
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.
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.
UK chocolatier Thorntons has reported that its Easter trading has been “satisfactory” and will help its profit climb above expectations.
Lindt & Sprüngli has lost a trademark case for its Goldbunny against Confiserie Riegelein in Germany that spanned 12 years.
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 & 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.
Two major chocolate brands have been launched in block format as Mars Chocolate unveils Maltesers Teasers and Lindt introduces Lindor single serve bars.
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.
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...
Lindt & Sprungli has added three new products to its chocolate range including a bar featuring wasabi.
Taura Natural Ingredients’ newly launched gourmet fruit inclusion range plugs convenience, shelf-life and health for the artisanal baker, its marketing manager says.
Confectioners must position themselves in the premium or value segment or face sales meltdown as consumers alter spending habits, according to Rabobank.
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.
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.
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 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 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.
Chocolate manufacturers can grow further in India with premium products after already opening up the market to low-income consumers, according to an analyst.
Founder of a New Zealand chocolate firm says the country remains almost a decade behind Europe in terms of premium chocolate trends.
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.
A consumer shift towards dark chocolate in Austria holds lucrative opportunities for manufacturers, according to Leatherhead 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.