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.
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).
Non-chocolate confectionery grew at a faster rate than chocolate in the US for the first half of 2017, driven in part by one strongly performing brand.
Just Born says it is interested in buying some of Nestlé’s candy brands, such as Rainsinets and Goobers, if the food giant sells its US confectionery unit to multiple companies.
Nestlé’s child labor prevention system in its Cocoa Plan will cover around half of the company’s supply by 2020, but full scale up may never be possible, says its public affairs director.
Hershey has refused to comment on speculation it was among the US companies submitting an initial bid on Nestlé’s US chocolate and candy business last week.
Nestlé says its confectionery business in Europe still has room to grow, but it may review its high number of confectionery brands in the region, which it says is “not sustainable”.
Traceability from farm to first purchase, common definitions of protected areas and paying farmers a living income are three ways stakeholders say can help end cocoa-driven deforestation in West Africa, which is threatening endangered species.
Fox’s Biscuits which partnered with Graphic Packaging to make a tin from cartonboard instead of metal has been recognized at the recent ProCarton 2017 Awards.
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.
