Packaged Facts predicts major candy makers’ efforts to satisfy clean-snacking consumers will help the US confectionery market rebound after slightly sluggish sales in 2016.
Nestlé is currently auctioning off its US candy business mostly to private equity firms, and major confectioners, including Hershey, Mars, Mondelēz and Tootsie Roll, a source familiar with the matter says.
Nestlé says it will strongly defend itself after it was accused of breaching copyright of Atari’s Seventies video game Breakout in marketing its KitKat brand.
Nestlé says the Walnut Whip with a walnut will remain on sale alongside its new vanilla, caramel and mint versions without a walnut in the UK and Ireland.
A survey conducted by YouGov Australia shows that Cadbury is Asia Pacific’s (APAC) favorite chocolate brand, chosen by 25% of the respondents in the region.
From initiating portion control advice on biscuits, alternative green packaging for Nestlé Waters and promoting Nespresso’s sustainability efforts - HENRi@Nestlé celebrates its one-year anniversary this month.
Retail value sales of chocolate confectionery in West African countries, like Nigeria and Cameroon, have experienced steady growth over the past five years, according to Euromonitor International.
EU confectionery trade body Caobisco is encouraging its members to set a date by which they will source all cocoa and palm oil from a certified sustainable source.
Nestlé could go further than offloading its struggling US confectionery business and could find a willing buyer for its entire global confectionery division, says an analyst.
The group said it may even sell one of its confectionery businesses by the end of 2017 to boost its efforts in other categories where it has a stronger presence.
Nestlé Cocoa Plan has come out top in a report by Stop the Traffik and Baptist World Aid Australia assessing the progress made by chocolate companies and certification organizations in tackling child labor in Côte d’Ivoire and Ghana.
Global confectionery sector to grow CAGR 4.6% from 2016–2021
An improving global economy, stronger than expected economy in developed countries and rising disposable incomes in developing countries are the main reasons why demand is growing for confectionery products, according to Global Data.
The National Confectionery Association (NCA) has announced the Most Innovative Award winners from nine major candy and snack categories, including chocolate, seasonal, gum and mints, at the Sweets & Snacks Expo this year in Chicago.
Pressure group Action on Sugar is urging the UK government to expand a sugar tax on soft drinks to chocolate and sweet confectionery – a move seen as “punitive” and "discriminatory” by industry bodies.
Nestlé has reported a -2.9% drop in organic growth in first quarter confectionery sales, citing a later Easter and an earlier Chinese New Year this year.
The world’s number one palm oil supplier Wilmar International has announced a new initiative to combat "systemic labour issues" occurring in its supply chain.
Food manufacturers are struggling to tackle deforestation because of failures by governments both at home and overseas, according to candid interviews with a number of high-profile firms.
Today the European Parliament voted to implement tough new palm oil resolutions, which if enforced would see its elimination from use in biofuels and enforce stricter regulations on production and certification throughout the continent.
Sugar and calorie reduction has taken its toll on the chocolate category, but focusing on quality ingredients can foster growth, suggests a Euromonitor analyst.
Butterfinger maker Nestlé refuses to speculate if it will offload its challenged US confectionery business, but says it is “no stranger” to portfolio trimming.
Nestlé International Travel Retail (NITR) has started rolling out KitKat Mini Moments across major international airports following an initial launch at Dubai International Airport in December, 2016.
Nestlé has confirmed it is partnering with the Twinkies maker Hostess to roll out a line of Hostess ice cream in early 2017, but won't release details.
The US unit of cocoa trading and supplying company Transmar Group has filed for bankruptcy protection in the US Bankruptcy Court for the Southern District of New York after the parent company experienced insolvency in Europe.
Cocoa industry insider, Marc Donaldson, voiced that approximately $2bn investment in cocoa sustainability over the past 10 years has achieved “so little.” He suggested consumers should take the sustainability issue on themselves instead of pushing the...
Nestlé has failed in proving to the General Court of the EU that its KitKat three-dimensional shape has the “distinctive character” to merit a trademark within the EU.
Back in 2014 I interviewed Hans Jöhr, who at the time was corporate head of agriculture at Nestlé. We had a (refreshingly) open discussion about certification schemes. Some of them are “cheating consumers” and “cannot help farmers be better farmers per...
