The key to winning over Chinese consumers is mastering distribution strategies, according to a new report by Rabobank, which also suggests that the country should be on the radar of European and American processed food companies that are facing flat growth...
Kraft’s global snacks spin-off Mondelez will face fierce competition from the likes of Mars and Nestlé in the emerging confectionery markets of China and Russia, according to an analyst from Euromonitor International.
Kraft Foods’ global snacks spin-off Mondelez International will focus on penetrating the Chinese market and will introduce lower price points for gum as it looks to reinvigorate the ailing gum and candy segment.
Spanish chocolate and cocoa processor Natra has signed a Belgian chocolate supply contract in China with an unnamed distributor that it says will boost sales in the market by 70% in 2012 and help it grow in Asia.
Latvia’s largest confectionery producer, Laima, has announced plans to increase its export proportion from 40% to 52% over the next three years, with intentions to target new markets outside of Europe.
Naturex has just received novel foods approval in China for its flavour masking system, Talin. President and chief executive of the botanicals group, Jacques Dikansky, revealed the news and discussed the integration of Burgundy when we caught up with...
The chocolate market in China is growing at faster rates than other confectionery in the country as heightened consumer wealth helps stir evolution from sugar confectionery, according to an analyst at Euromonitor.
Nestlé has paid out bought €1.2bn for a majority stake in leading Chinese confectionery maker Hsu Fu Chi, with the Swiss group flagging up access to extensive production capabilities and a major distribution network as its wins.
New equipment aiming to give flexibility in terms of wrapping small chocolate pieces and a jelly product wrapper claimed as the new 'industry benchmark' were said to be crowd pleasers at Interpack earlier this month.
Products such as confectionery, biscuits and juice products are experiencing double-digit growth in China with this consumer demand fuelling an increase in the country’s sugar imports, according to a USDA report.
The global furore over the recent melamine contamination scandal in China appears to have driven consumers in that country increasingly towards premium and international brands, according to research group TNS Worldpanel.
Confectionery has seen modest growth worldwide over the past year
but markets such as Latin America and Asia Pacific are proving
particularly buoyant, according to a new report from market
analysts AC Nielsen which identifies growth...
If the Chinese government gives in to mounting international
pressure to revalue its currency, it could spell the end of cheap
exports, a move that many anticipate would have a knock-on effect
on raw materials costs for the food industry....
Confectionery companies in China are rapidly catching up with other
markets by offering healthier, sugar-free products, but not without
their own traditional flavours and texture, says leading ingredient