US Halloween candy spending is projected to rise this year and the major players Mars and Hershey will be raking in the profits with seasonal variants of popular brands, according to an analyst from Euromonitor.
Kraft Foods’ global snacks spin-off Mondelez International will focus on penetrating the Chinese market and will introduce lower price points for gum as it looks to reinvigorate the ailing gum and candy segment.
The city of Lakewood in Colorado has implemented state laws to tax candy and soft drinks at 3% while repealing earlier rules to tax a wider variety of foods.
The Center for Environmental Health (CEH) has initiated legal proceedings against eight Californian retailers after fourteen varieties of Asian candies were found to contain dangerous levels of lead, which could be harmful to children.
Confectionery giant Hershey’s has been forced to issue an apology in the US, after a consumer reported finding a rusty razor blade in a bag of Jolly Rancher candy.
The international trade fair for suppliers of the confectionary industry ProSweets look set high degrees of exhibitor participation when the show returns to Cologne, Germany in January.
US confectioners Farley’s & Sathers and Ferrara Pan have announced plans to shut a manufacturing facility and a packaging and distribution plant following the two firms’ merger to become the Ferrara Pan Candy Company.
Formulating gummy confections with acid-modified corn starch (ACMS) is a feasible alternative to other gelling components such as regular starch, gelatin or pectin, according to a study.
Nestlé has denied allegations that it violated its commitments on advertising to children by co-branding a new range of candy bars with the Girl Scouts of the USA.
