Confectioner Master Chewing Gum & Candies plans to bring its sugar- and aspartame-free mastic gum to the US, as it believes consumer’s dissatisfaction with the traditional gum flavors and packaging is to blame for the declining category sales.
Food giant Mars is using procurement to tackle some of the most significant social and environmental challenges facing the world today. FoodNavigator spoke to Barry Parkin, chief procurement and sustainability Officer at Mars, to find out more.
Alland & Robert has welcomed sixth generation family member Charles Alland to take over the business from his father Frédéric Alland, announcing a number of forthcoming initiatives for the acacia gum firm.
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.’