Kraft, in its second quarter results, reports continuing challenges ahead for its gum and candy division in developed markets, and claims the Cadbury takeover is a fundamental earnings driver, with its global chocolate earnings up 9 per cent.
Sweets and chocolate remain at the top spot for unplanned grocery buys, according to a new UK survey, however there’s a risk that promotions could rob confectionery of its indulgent, luxury status, says Shoppercentric.
German confectionery machinery suppliers grabbed 25 per cent of the total global sales in the sector last year with sustainability in utility consumption the key innovation driver, according to the VDMA, the German food processing and packaging machinery...
Consumers are less likely to check labels of biscuit, cake, chocolate and confectionery compared to other food categories, according to Harris Interactive, due to the perception that they are indulgence opportunities.
Rising demand in Germany informed a hike in sales to that market of nearly 17 per cent for Swiss chocolate manufacturers in 2010, who report sector recovery following the notable sales decline in 2009.
The results of the inaugural FoodProductionDaily.com survey gauging the outlook for the food and drink processing industry reveal that commodity and packaging material price increases, the bugbear of the past few months, are proving a challenge for 80...
Nestlé chocolate products recorded double-digit growth in emerging markets, driven partly by the performance of the lowest priced products in its portfolio, said the group as it posted gains of 7.5 per cent in net profit for the first six months of the...
American children now see less TV advertising for confectionery products, but more for fast food, according to a new study that recommends continued monitoring of marketing practices and food company pledges.
2009 proved a challenging year for the Swiss chocolate industry with manufacturers recording losses for the first time in six years, reports industry body Chocosuisse.
A new study of French eating habits has shown consumption changes over the last decade – especially among young adults who are hungry for packaged and convenient foods.
Nestle expects to carry on seeing growth in earnings over 2009 despite the global recession, using its strong 2008 results as a springboard for growth.
Food makers confronted by today's challenging economic times must continue to invest hard in innovation to beat the downturn. This year's SIAL, which opened yesterday in Paris, is a showcase of new ideas that could help to boost margins and...
The UK Department of Health (DoH) says that measures taken to combat the promotion of junk food to children seem to be taking effect – at least in terms of television advertising.
While the food inflation rate continues to gallop ahead in the eurozone, observers speculate as to whether premium chocolate products could help confectionery firms ride the storm.
Children's favourite snacks are crisps, biscuits, cakes and
confectionery but the healthy eating message is filtering through,
according to a new survey.
US-based food producer Heinz has unveiled ambitious plans to reduce
its greenhouse gas emissions by 20 per cent by 2015 by using energy
generated from potato peel.
UK biscuit and snack maker United Biscuits said yesterday it will
cut its carbon emissions by more than a third by 2020 and reduce
water and packaging use by a fifth as part of a new strategy to
reduce the impact of its operations...
UK-based Associated British Foods (ABF) today reported real
operating profit increased by 11 per cent in 2007,
despite EU sugar reforms and the weak US dollar's effect on
margins.
Suedzucker has adjusted its profit and revenue expectations for
full year 2007/8 following EU moves to make sugar reform more
attractive to growers, indicating that the industry efforts to
lessen the blow for the industry could be...
The Cadbury Schweppes drive to boost margins is full steam
ahead, boosted by the demerger of an underperforming drinks
arm, as the company today announced confectionery
revenues grew by ten per cent over the third quarter.
Confectionery sales are booming in the global duty free and travel
retail sales market, faster than the market average growth,
according to a new report.
Cadbury Schweppes today reported an operating profit decline
of 6 per cent to £180m in the first-half of the year,
particularly due to high input costs and restructuring costs.
Heineken announced yesterday that it has doubled its forecast for
net profit growth, with strong sales in emerging markets offsetting
slow growth rates in Europe and the US.
People on low incomes consume just as much unhealthy food and drink
as the general population, and so bad diets are the result of
personal choice, according to a study published by the UK
regulator Sunday.
In 2006, the price of beverages was on average two and a half
times more in the most expensive EU country than in the
cheapest, according to a Eurostat report.
A developing demand for premium products such as those
made with alternative ingredients is keeping the UK crisps
market on a steady 2.5 per cent growth rate, Mintel says
in a new report.
US-based Rocky Mountain Chocolate Factory this week reported an
eight per cent revenue increase for the three months to 31 May,
compared to the same period last year.
European confectionery private label market share is continuing to
grow strongly, according the latest statistics by Neilsen for the
Private Label Market Association.
The owners of Israeli food giant
Willi-Foods announced yesterday that they will sell
45 per cent of the company to international businessman
Arcadi Gaydamak for $40.5m (€30.1m).
The results of a consumer survey on healthy chocolate suggests that
the substance once considered solely as a sweet confectionery item
has made huge strides towards the realm of health foods.
Australia's dairy industry may see export earnings drop by more
than 24 per cent to under A$2 billion (€1.2bn) in 2006-07 because
of drought, potentially causing global prices to rise.
Sugar replacer firm Palatinit are set to highlight the trend
towards health and convenience in the growing sugarfree
confectionery sector at the ISM trade fair next year.
Scientists at Symrise have reported the potential of benzyl amides
as potential bitter-masking compounds for food and drink, research
that may lead to cheaper alternatives for food scientists and
formulators.
Global confectionery maker Cadbury Schweppes has opened its first
R&D centre in south-east Asia, as it seeks to drive growth in
emerging markets like China, Malaysia, Thailand and Indonesia.
Danisco's takeover of Genencor International, the EU sugar reform
and rising raw material prices feature prominently in the group's
recently published annual report.
Driven by tougher waste legislation and set EU targets, the
recovery of plastics in the bloc is growing steadily, according to
a new report by Applied Market Information (AMI).
European post-consumer polyethylene terephthalate (PET) collection
recycling rates reached 796,000 tonnes in 2005, a 15.1 per cent
increase over the previous year, according to a trade association.
World coffee production over the next year will rise by nearly ten
per cent, or nearly 11 million bags, over the previous year,
fuelling a rising demand for the brew, according to a forecast
report.
Sales of sparkling juices, bottled water and flavoured milk soared
in Queensland this summer, as the Australian state experienced one
of the longest and hottest summers on record.
Nestle doesn't expect raw material prices to rise further this
year, despite a recent FAO report that forecasts an increase of
over 2 per cent in the world food import bill in 2006.
Swiss food giant Nestlé has announced a first-quarter sales rise of
14.1 per cent to CHF22.8bn (€14.5bn), beating analyst expectations
and reconfirming its full-year target of a five to six per cent
growth rate.
