Sugar tax confusion could hit sales of confectionery, biscuits and cakes
Brits are completely baffled by the country’s planned new levy on sugar-sweetened drinks, with many believing it covers food as well.
Archives for May 11, 2017
Bakery China 2017
China to familiarize Western market with ‘pinyin’ baked treats
China’s diverse bakery industry – encompassing bakers of traditional ‘pinyin’ (literally translated as ‘Chinese style cakes and snacks’) and producers of modern items like croissants and waffles – is growing at a rate that far exceeds most other segments.
Chocolate and candy tax proposed in the UK
Pressure group Action on Sugar is urging the UK government to expand a sugar tax on soft drinks to chocolate and sweet confectionery – a move seen as “punitive” and "discriminatory” by industry bodies.
Soup-to-Nuts Podcast: Confections hold steady in face of the war on sugar
Despite significant headwinds generated by the escalating war on sugar and increasing consumer preferences for healthy products, the confectionery industry is holding its own with sales climbing 1.2% in the last year to reach a whopping $25 billion,...