News briefs: Woolworths, product launches, and premium chocolate
In confectionery news this week, Woolworths secures sweet supplier
EUK with a loan deal, confectionery product launches outnumber
other food categories, and dark chocolate continues to prove
popular with manufacturers.
Premium innovation boosts Lindt sales
Strong sales of premium and dark products have led Lindt &
Spruengli to predict that full year revenue for 2007 will hit
CHF 2.95bn (€1.8bn), a 14 per cent increase from the year before.
Zetar acquires Lir luxury chocolates
UK confectionery firm Zetar today said it is expanding its range of
luxury and premium products thanks to the acquisition of Lir
Chocolates in Ireland.
Nestle partners luxury chocolatier Pierre Marcolini
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 launches truffles for premium 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.
Confectionery exhibition highlights premium trends
The growing demand for luxury, fortified, natural and organic
confectionery is the focus of this year's All Candy Expo.
Premium cocoa gets supply chain boost
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
Hershey dark chocolate growth boosts sales
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.
Roquette targets sugar-free 'premium' chocolate range
French ingredients firm Roquette has formed an alliance with Meert
to develop a range of sugar-free premium chocolate.
'Origin' chocolate fillings target luxury niche
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.
Scharffen Berger taps premium chocolate demand
A San Francisco-based confectioner is tapping demand for premium
chocolate through careful attention to the entire chocolate-making
High sugar price may boost shift to premium products in China
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.
ADM recognises the growing need for premium cocoa ingredients
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.
Putting a premium on substance over style
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.
Premium chocolate demand tracks European tastes
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.