Chocolate giant Ferrero believes that freshness and flavour variety are key factors for chocolate brands to ensure lasting power in the China market, with product innovations needing to be both diverse and unique.
Taiwan-based company Bioflag Biotech has developed a range of probiotic lozenges, gummies, and candies with strains that reduce oral pathogens, while promoting good bacteria growth and increasing the salivary production of the IgA antibody.
Malaysian palm oil is expected to see a rise in demand from India and China this year as economies gradually open up and local stocks diminish, but the industry must improve logistics and digital reach to effectively capitalise, according to industry...
Chocolate consumption in China still lags behind its neighbours in the confectionery category, but it is increasingly finding flavour through innovation in local cuisine – including steamed buns and even rice.
The Barry Callebaut Group is pushing further into the Asian market with the opening of a fourth office in the Chinese southern city of Shenzhen, coupled with the announcement of a third Chocolate Academy in the country.
INX International, which produces inks and coatings for commercial packaging and digital applications, has spoken out about the impact of COVID-19 coronavirus, saying 'the potential supply chain impact of this pandemic is immense and unpredictable’.
AIPIA, the Active & Intelligent Packaging Industry Association has announced it is postponing its China Summit, due to be held in Shanghai in April, due to concerns about Novel Coronavirus (2019-nCoV) in China and many other regions.
Led by strong growth in emerging markets and ‘local jewels’, as the company refers to its regional brands, net revenue gained 1% in the third quarter, while cash flow surpassed $1bn.
Technological innovations which were once driving the market have already disappeared (dvds, answering machines, MP3 players) and companies are still struggling to connect with millennials between 20-40 years old, according to Daniel Langer, CEO, Équité,...
Candy innovator launches new products in China and makes deals with worldwide distributors, retailers and partners as company moves into export market.
AIPIA (Active & Intelligent Packaging Industry Association) kicked off its AIPIA China Summit in Shanghai last week (July 18-19) setting out the advantages of active and intelligent packaging technologies for many sectors of Chinese manufacturing....
Incorporating chocolate in local food applications is key to achieving market success for the category in China, according to Barry Callebaut, which expects to see launches of new products featuring its flagship Ruby chocolate increase this year.
Growing demand for high-quality chocolate products, together with the desire to better serve Chinese customers, prompted new office in Beijing, says company.
In pursuing emerging markets, cross-category collaborations and a 'local-first' model, Mondelēz has maintained, and in some cases expanded, its stature as a global industry leader – led by the likes of Cadbury, Milka and Oreo.
Once perceived as an exotic delicacy – bought only as a luxury gift or an extravagant treat – the Chinese consumers’ taste for chocolate is growing and the ingredient is quickly cementing a niche for itself in bakery.
Barry Callebaut may build another chocolate factory in China as its current 30,000-suqare-meter site in the Suzhou Industrial Park is ‘already operating at near full capacity,’ says the company’s Asia Pacific president, Ben De Schryver.
While Mars is currently the market leader in China’s chocolate confectionery space, Ferrero has been growing over the past five years with increased shares year-over-year, the latest Euromonitor data shows.
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 cocoa supplier Barry Callebaut has increased its number of product lines available in China after seeing sales of its gourmet range doubling over the last four years.
Chinese police recently seized 300,000 counterfeit chocolate pieces during the 2017 Lunar New Year worth around 700 RMB ($102) per box, after a wedding candy store owner received complaints from local consumers.
Swedish confectionery company Cloetta has opened its first online store in China through Alibaba’s Tmall Global platform to take advantage of the country’s growing online market for food.
After a year-long race to the bottom by Chinese manufacturers, acesulfame-K sweetener prices have grown steadily since May, with analysts expecting further increases then stabilisation as suppliers, including segment giant Anhui Jinhe, hold back on production.
Wedding candy brand from Fujian Province Hollygee (好邻居) has acquired the largest Chinese domestic chocolate confectionery company Le Conte (金帝) for 230m RMB ($33m).
Bosch has relocated its R&D activities to a new facility in Pittsburgh, Pennsylvania, having outgrown its previous location in various buildings across the city.
Multinational companies should reconsider their business strategies amid China’s economic slowdown, Mondelēz China president Stephen Maher told the audience at the recent Food and Beverage Innovation Forum in Shanghai.
Euromonitor International has pinpointed several promising chocolate markets that may help manufacturers offset slowdowns in traditional emerging markets such as China and Brazil.
The seventh China Candy & Snacks Expo will kick off at Ningbo International Convention Center on September 2 this year amid rapid growth in Chinese candy production.
Chinese consumers are turning their backs on domestic chocolate brands they associate with questionable food safety in favor of a growing number of international brands, says China’s market research company, Daxue Consulting.
