Swiss-based food giant Nestle today announced going into
partnership with Belgian company Pierre Marcolini, as the company
aims to move further into the premium and luxury chocolate market.
Natra said yesterday it will tap the premium and private label
chocolate markets with a new range of Belgium truffles, only two
days after acquiring a chocolate factory in the country.
Agricultural group Bioversity International has begun a new project
on sustainable and organic farming - designed to benefit both
producers of gourmet single-origin chocolate and cocoa farmers in
Nicaragua.
US based chocolate giant Hershey may have successfully taken
advantage of the consumer trend for dark chocolate but work still
remains to be done to reinvigorate core brands.
European ingredients firm Puratos is the latest company to tap into
the trend towards product traceability with a new range of
origin-specific chocolates hailing from prime cocoa growing areas.
Food and beverage firms making premium products will cope best with
the current surge in price of both Chinese and imported sugar, with
higher margins to cover the rise in costs.
Archer Daniels Midland (ADM) has committed itself to providing its
customers with the premium cocoa ingredients they require by
announcing plans for a new production facility.
Food producers are flogging the term 'premium' for all it's worth,
threatening to flood a market that relies on exclusivity for its
success with well-packaged tat.
Key to successful premium chocolate product development is an
understanding of the varying consumer habits, expectations and
behaviour in different countries, according to leading Swiss
premium chocolate manufacturer Lindt & Sprüngli.
Leading premium chocolate manufacturer Lindt & Sprüngli has
reported record first half results on the back of increased demand
for premium products in an otherwise slow-moving European chocolate
market.
Russian confectionery group Mechta has launched a new premium
product line - the latest in a growing number of local producers
entering an upmarket segment which was once the sole domain of
western companies. Angela Drujinina reports.
Western Europe's frozen food packaging sector is predicted to grow
strongly, and there will be greater emphasis on both
environmentally-friendly and premium packaging in the future,
according to a new report.
Food makers encouraged to position self-indulgent products as
rewards rather than functional as premium foods in UK top billon
euro mark showing hectic pace of life continues to drive growth in
the self-indulgent food sector.
