Mondelēz International has officially opened its Asia-Pacific Chocolate and Confectionery Center of Excellence in Australia, creating a base for the largest food R&D team in the country, according to local government.
Hershey has lowered its full year guidance after a slowdown in Brazil and Mexico and a gross profit margin decline due to higher dairy and cocoa costs.
Belgian firm Candy Pack says it understands why some people might be "touchy" about the idea of alcohol-themed confectionery, but insists it isn't targeting children for its Cocktail Candy range.
Brazil’s National Biscuit Industry Association (ANIB) is merging with the country’s Association of Pasta Manufacturers (ABIMA), which also represents the processed bread and industrial cakes sector, to form a new national organization for the country’s...
Spanish authorities have opened disciplinary proceedings against possible anti-competitive practices of half a dozen manufacturers of the country’s traditional almond candy turrón.
Fats and oils supplier EFKO has reported sales growth for its confectionery fats division in H1 as multinational confectioners post sales gains in Russia.
Rajhans (Desai-Jain) Group has made its first foray into the confectionery industry by launching its Schmitten brand in India and it is hoping to become the domestic market leader in premium chocolate.
Chocolate makers are circling the rural Indian market as it is where the majority of consumers reside and infrastructure and incomes have improved drastically, says an analyst at ValueNotes.
Largely due to Cadbury’s marketing nous, India’s chocolate market has changed dramatically since the ‘Nineties, with consumers eating more and different varieties, a new report has highlighted.
Brazil’s cookie industry must look to exports markets as its classic formula of reaching more Brazilian customers is no longer the key to future growth.
The Norwegian confectionery market is unusual by Western European standards since its domestic brands stand tall with the multinationals, according to a Leatherhead analyst.
A number of players in Brazil’s chocolate and confectionery sector have seen exports to Argentina plunge by up to 80% in the past three years due to Argentina’s restrictive import policies that have come under fire from the World Trade Organization (WTO).
An application to the European Commission for protected geographical indication (PGI) status for ‘cacao arriba’ from Ecuador is now open for public consultation.
Brand power and ingredient quality are the two principal factors that define a premium chocolate in the Brazilian market and the middle class wants more of it, according to the results of an exclusive survey shown to ConfectioneryNews by the Brazilian...
The United Arab Emirates chocolate market is one of the fastest growing chocolate markets across the globe as big players such as Mars and Nestlé up their investment and others eye entry, according to TechSci Research.
Edible oils major AAK will make a significant investment in China for a speciality and semi-speciality edible oils factory in Zhangjiagang, Jiangsu province.
Consumers in producer countries are increasingly interested in Fairtrade certified products as a means of supporting their domestic economy, according to Fairtrade International’s annual report.
Nestlé has extended its partnership with expansion services firm DKSH to bring confectionery brands such as Kit Kat, Milo Confectionery and Uncle Toby’s to traditional trade channels in Singapore.
Kellogg has bid for a 51% stake in Egyptian biscuit and breakfast cereal firm BiscoMisr, according to a filing in Egypt’s stock exchange – a move which would makes sense, according to an analyst.
Export value of the Polish confectionery market almost doubled in the last five years and shouldn’t stop growing even in case of a potential Russian embargo on confectionery, according to an expert.
Asia Pacific will leapfrog North America in 2014 retail value confectionery sales to become the world’s second largest market, according to Euromonitor International.
Hachez, owned by the Danish Toms Group, will move part of its packaging production from Germany to Poland in an attempt to claw back some of its recent losses.
Neocandenatone, a purple pigment found in the heartwood of Dalbergia congestiflora trees, could hold colorant possibilities for gummy and hard candies, according to Mexican research.
Just a week after Mexico banned commercials for soda, snacks and confectionery products during cinema showings of children’s movies and during children’s TV programming, Mexican authorities say ads for Nestlé, PepsiCo, Coca-Cola, Hershey´s and Holanda products...
Universal Robina Corporation (URC) has snapped up New Zealand snack giant Griffin’s Foods for NZ$700m ($606.6m) in a move it says should bolster its presence in the Asian snack sector.
Scandinavian confectioner Cloetta has recorded sales and profit growth in the second quarter driven by acquisitions and says it is eyeing further buys.
Swedish-Danish oils and fats giant AarhusKarlshamn (AAK) has acquired Colombian company Fabrica Nacional de Grasas (FANAGRA), which specializes in vegetable oils and fats for the bakery segment.
Brazilian confectionery manufacturers are forced to commit up to 15% of exports costs towards resolving bureaucratic problems that hinder their sales abroad, according to the Brazilian confectionery industry Association (ABICAB).
The World Cup will boost sales of peanut-based snacks in Brazil by as much as 30% in Q2, according to Brazil's leading peanut-based candy and snacks producer Dori Alimentos.
ConfectioneryNews asks industry leaders if cocoa production will gradually move closer to the burgeoning chocolate markets of China and Brazil or whether West Africa will always be the king of cocoa.
This story is the first in a new series of investigative reporting commissioned by FoodNavigator-Asia to follow the legalities and loopholes of Asia's produce growing and production network. Please feel free to comment in the box below.
Japan has a reputation for food innovation, and a new initiative by Nestlé will transform one of its iconic chocolate bars into currency for train travel while at the same time promoting a crisis-hit part of the country.
