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Startup Watch

Dave’s Sweet Tooth may break $1m revenue after e-commerce scale-up

Michigan family-run toffee brand Dave’s Sweet Tooth has reported a 300% sales growth along with a 2,500% e-commerce business increase in 2016 after launching a new website through the Shopify...

Health & wellness chocolate to outpace regular category: Euromonitor

Functional, organic and reduced-sugar chocolate are set for higher volume and value growth than regular chocolate up to 2021, says Euromonitor.

Dark twin of the fortune cookie coming to the US

ISM innovation winner Pechkeks is preparing to enter the US and Canada with dark humor biscuit brand Misfortune Cookies.

Wrigley launches first soft chews under Orbit brand

Wrigley has added a soft chew format for Orbit White in the US as the country's chewing gum market returns to growth after a challenging few years.

Fairy Chocolates targets Asia expansion with Cho'clair Minis

Belgian luxury confectioner Fairy Chocolates has introduced a mini version of its éclair praline fusion Cho’clair as it concentrates on expansion in Asia.

Storck makes big US push with Toffifay

August Storck has repositioned its Toffifay brand in the US to appeal to female shoppers and hopes to compete in the affordable premium space.

ISM 2017

Bon Bon Buddies extends Disney partnership with new fruit candies

UK licensing confectioner Bon Bon Buddies has unveiled its latest “100% fruit-made” candies, Fruitickles, at ISM 2017 in Cologne, Germany, but will not roll out the brand across the EMEA region until...

Full-year results

Mondelēz revenues slide 13% in 2016 as analysts casts doubt on Kraft-Heinz merger

Oreo maker Mondelēz has posted a sharp drop in reported full-year revenues as analysts speculate a potential tie-up with Kraft-Heinz is now uncertain after the Brexit vote and Trump presidency....

Mondelēz’s Milka brand enters brownies segment, ready to roll out across Europe

Mondelēz-owned Milka has launched its first brownie products in France, and plans to introduce the range across other key EU markets in 2017, according to the company’s Twitter.

Q4 and full-year results

Hershey bets on multi-textural snacking and Chinese e-commerce for growth

Reese’s and Cookie Layer Crunch will be major investment focuses when Hershey’s next CEO Michele Buck takes office in March, 2017, according to the company’s Q4 earnings conference call....

Gum in developed markets needs a boost, Mintel analyst warns

As gum manufacturers are battling the sluggish category growth by developing new and bold flavors, some makers have gone in the other direction: Innovating the texture, according to a recent...

Tim Tam enters the US as on-the-go snacks demand rises

Australian biscuit brand Tim Tam has entered the US market for the first time after the company decided to cater to the US consumer demands for on-the-go snacks, with a distribution...

Feature

Storytelling can be powerful supporting act for confectioners, but product is king

Confectionery brands can inspire loyalty by communicating heritage and social actions on-pack, but these features should never overshadow flavor, says a Mintel analyst and the CEO of Project7.

Editor’s picks

Buffalo milk chocolate & more: On-trend candy and chocolate NPD at ISM Cologne

ConfectioneryNews selects seven product launches that tap into contemporary shopper demands, including chocolate containing cocoa fruit pulp and mints created by dentists.

Mondelēz adds new flavors to Chips Ahoy Thins cookie portfolio

Mondelēz-owned Chips Ahoy has launched two varieties to its Thins product portfolio, including oatmeal and double chocolate, to continue tapping the portion control trend in the confectionery and snack industry....

Mondelēz expands Trident gum in Europe against headwind from fading chewing habit

Mondelēz has reported “positive” results after it launched a series of Max flavors under its multiple gum brands in Europe, including Trident, Stimorol and Hollywood, according to the spokesperson of...

Americanna to expand distillation program after initial success with cannabis puffed gummies

'Garden-to-gummy' edibles confectioner Americanna has announced a new company-wide distillation program, called Pure Distillate, to make purer cannabis concentrate. 

2016 Sales Report

Lindt exceeds market expectations with 6% annual sales growth

Lindt & Sprüngli has reported a rise in 2016 revenues driven by strong performance in Europe, which exceeded analysts’ forecasts.

Divine Chocolate joins Tony’s Chocolonely as B Corps certified company

Part cocoa farmer-owned company Divine Chocolate has joined B Corps in hope of making its business more transparent. 

Three Squirrels expects to be incorporated after reporting net profit of over $29m

Rumor has been mounting over the last month that e-commerce snack brand in China, Three Squirrels, is planning to be incorporated in the near future, BakeryandSnacks learned from various sources.

Startup Tracker

Fantasy Candies owner creates probiotic chocolate startup Blue Planet

Long-time candy maker and owner of the Ohio-based Fantasy Candies, Joel Fink, hopes to take probiotic chocolate to the national level through his new startup called Blue Planet Chocolate. 

Mondelēz ramps up premium offer in India with Cadbury Dairy Milk Silk Oreo

Mondelēz has introduced Cadbury Dairy Milk Silk Oreo to the Indian market after enjoying success with choco-bakery brands in other markets.

Startup Tracker

Saffron-infused chocolate comes to the UK and the Netherlands

Startup firm Mahbir has launched a range of premium Indian foods containing saffron to the UK and the Netherlands, including a Belgian milk chocolate infused with the spice.

Exclusive interview

Transparency and portion-control: Execs at top candy firms set 2017 expectations

Mars Wrigley, Ferrara, Just Born, and other top candy firms offer their business outlooks for 2017 and share details of innovation in the pipeline.

Belgian Boys taps imported European snacks growth with butter cookies

European snack startup, Belgian Boys, will roll out its butter cookies inspired by the original Belgian cookie, Speculoos, across the US in February. 

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