Entrepreneur, Duval Middleton, who founded Gumipod, gum packaging with integrated bin, has applied to enter VOOM 2018, to pitch his idea to Virgin boss Richard Branson and a panel of business superstars on May 21.
German candy producer Katjes International, the international investment holding of the Katjes Group, has posted a 19.7% revenue increase in 2017, reaching €268.7m ($328.7m) compared to €224.5m in 2016 ($274.6m).
Susquehanna International Group (SIG) said the robust chocolate industry will likely turn Hershey’s business around later this year even though the company is among ‘the worst performing CPG stocks in the last three months.’
‘Concerns about processed sugar and the impending sugar tax means today’s consumers are looking for healthier and natural alternatives across all categories, including confectionery.
Hershey will release its first edible glitter-sprinkled gum in the US under its Ice Breakers brand starting April 15, 2018, as it believes the sparkle trend will sweep the food industry in 2018.
Malaysian supplier PureCircle must provide more data to prove the safety of both minor steviol glycosides and glucosylated stevia, the European Food Safety Authority (EFSA) has said in two separate opinions.
Claims such as ‘no added sugar’ on foods containing sweeteners are commonplace and an important part of healthy branding - but are they technically illegal under EU law? We put the question to a food law expert.
Bazooka Candy Brands has developed its first interlocking gummies made by a 3D mold called Match-Ems, as the US gummy business is now ‘on fire,’ said its senior director of marketing and innovation, Nicole Rivera.
Mondelēz will close two manufacturing plants in Brazil (Bauru and Piracicaba, São Paulo) by the end of 2018, and transfer their production to two other facilities in the country.
Ferrero Group has closed its fiscal year 2017 with a consolidated turnover of €10.5bn ($12.96bn), an increase of 1.5% compared to the previous year at €10.3bn ($12.72bn).
Thew Arnott confectionery ingredients supplier has been awarded the highest AA grade after being audited against the latest BRC Agents and Brokers standard, version 2.
