Mondelez International has announced that it has begun expanding an Oreo and Chips Ahoy! biscuit plant based in the second largest market for both brands - China.
Chocolate still rules the roost in Sweden, but two improbable sub-segments are set to help the sugar confectionery category grow faster in the next five years, according to market analysts Canadean.
All confectionery categories will grow in Mexico over the next five years, but gum will grow the fastest and confectioners can capitalize with products enriched with vitamins and minerals, according to research from Canadean.
China will be the number two market behind the US for Hershey within five years, predicted senior executives at the Consumer Analyst Group of New York (CAGNY) conference yesterday.
US-based confectioner Hershey has announced plans to open a new factory in Asia as it embarks on a ‘five core brands’ strategy to realise potential in selected emerging markets.
The future is not bright for UK confectionery packaging as consumers turn to healthier options, but packaging firms can profit from a growing preference for sharing products and smaller offerings, according to a report from market analysts Euromonitor.
The world’s leading cocoa manufacturer Barry Callebaut has entered a joint venture with Indonesian cocoa exporter P.T. Comextra Majora and has announced plans to build a €24m manufacturing facility.
Number one natural colours firm Chr Hansen builds on ambitions to
penetrate deeper into this growing market with the launch of a new
range of natural reds that tackle stability for beverage
formulations, reports Lindsey Partos.
Danish ingredients firm Chr Hansen has benefited from the growing
demand by food makers for natural colours. Higher sales of natural
colours helped to lift profit figures in a third quarter that also
gained from the increasing popularity...
