Large CPG companies’ recent dropouts from the Grocery Manufacturers Association (GMA) including Mars and Nestlé were ‘more predictable’ than Amazon’s acquisition of Whole Foods last year, wrote Rabobank in its recent report.
Ferrero would become the ‘third largest player in chocolate confectionery in the world if it successfully acquires Nestlé’s US candy business, a deal that is expected to come through by the end of this week, said Euromonitor.
Major packaging companies looking to expand into new service areas are finding growth opportunities in packaging design, materials testing and contract packing, according to Smithers Pira.
Two researchers from Clemson Transport Package Testing Laboratory have received a $500k grant from the US National Science Foundation to study triboelectric generators in smart packaging.
While Mars is currently the market leader in China’s chocolate confectionery space, Ferrero has been growing over the past five years with increased shares year-over-year, the latest Euromonitor data shows.
Sunny Verghese, co-founder/CEO of Olam International, a leading supplier of cocoa beans, has become chair of The World Business Commission for Sustainable Development (WBCSD) this week, replacing Paul Polman, CEO, Unilever.
The European Food Safety Authority (EFSA) wants feedback on the method it plans to use to calculate the maximum amount of sugar that can be included in a healthy diet.
Manufacturers' Evolved Nutrition logo makes foods high in sugar, fat and salt seem healthier than they are, according to campaign group Foodwatch which has compared products under the UK's traffic light and the industry-own label.
Hershey has decided not to renew its membership with the Grocery Manufacturers Association (GMA) in 2018, but it remains part of the National Confectioners Association (NCA).
Plastics machinery manufacturer Kiefel has partnered with start-up company, watttron on the research and development of the industrial molding of plastics.
A scientist at the Innovative Genomics Institute (IGI) said chocolate would not go extinct as reported by multiple media outlets recently, even though global warming could shrink the cultivatable areas for cocoa trees.
Duravant has acquired Ohlson Packaging, a weighing, counting and filling machine manufacturer, whose clients include Frito-Lay, Hershey’s, Kraft Foods, Tyson Foods and Maple Leaf Foods.
'Emerging brands and start-ups, or legacy brands seeking hyper-customization with limited-edition marketing campaigns to fulfill, face specific packaging challenges.
