Yowie Group will expand across the US next month after securing a deal to sell Yowie Chocolates and Animal Figurines across 7-Eleven and CVS Health Stores.
Mintel says mass produced chocolate brands such as Mars and Hershey are losing market share to imported premium chocolate brands in China primarily due to lack of innovation.
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.
CCL Industries has signed a binding agreement to acquire Treofan America and Trespaphan Mexico Holdings from M&C for approximately $255m with the deal expected to close in Q2, 2018.
Startup Mount Mayon has developed a special method for processing the pili nut for packaged goods - it enters the market as its raw material grows next to an erupting volcano that has displaced thousands.
Nestlé has posted flat organic sales growth in confectionery in fiscal 2017, but saw an uptick for premium brands such as Les Recettes De L’Atelier and sales in direct-to-consumer KitKat stores.
Latvian company Chocolette Confectionary has developed patented technology to cut calories in dark chocolate by 45% and has launched own brand Red to target health conscious shoppers.
UK confectioner Bon Bon Buddies (BBB), 80% of whose business is in licensing, has unveiled a branded range of sour candies with new packaging under its Brain Blasterz range.
United Confectioners’ Red October Factory and Ukranian frim Roshen have each been ordered to pay costs after failing in EU trademark appeals concerning whether a crab design resembled a crayfish design.
Vegan, sugar free and exotic flavors are among the contributors that made Brazilian confections popular in Europe last year, as Brazilian exports of sweets, snacks and ingredients to the EU grew by over 73% in value, according to trade body ABICAB.
