Industry players and a market researcher speculate how Norway’s 83% increased duty on chocolate and sugar products, which took effect on January 1 this year, will affect sales.
Global functional chewing gum sales are poised for a compound annual growth rate (CAGR) of +4.7% from 2016 to 2022, says Arizton Advisory & Intelligence.
Sugar confectionery consumption in Europe may have peaked, but a spike in Germany’s birthrate signals hope for the future, says Katjes International’s CFO.
Milka maker Mondelēz International has appointed a new managing director to run its snacks business in Germany as the incumbent plans to quit the firm.
Smaller flexible plastic packs have topped the trend for 2016 as they give consumers a sense of control over snacking, portion sizes and awareness of sugar intake in food and soft drinks, says Euromonitor International.
E-commerce startup Chocozonia has upped its distribution to include Cadbury, Nestlé and Mars products as well as homemade Indian chocolates after spotting an unmet need for an online confectionery channel in India.
Mainstream players like Hershey may struggle to maintain grip on the US chocolate market amid rising competition and a shift to seasonal and premium products, claims an analyst at Swiss-based financial services firm UBS.
Global sugar confectionery sales are poised to rise 3.76% each year up to 2020 driven by modernized retailing in Asia Pacific, says research firm Technavio.
Beneo has developed translucent chewing gum coatings from isomalt that allows colors and designs in the gum's core to be visible in the finished product.
Non-sugary snacks, closely aligned with meal-replacement foods, are demonstrating strong growth, which signals a shift in a consumer mindset to one more focused on health, according to Bosch.
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.
Russian biscuit market leader Mondelēz International has begun producing Oreo in Russia and plans to enhance distribution and marketing support to leverage the brand.
Hershey has received clearance to acquire the remaining 49% in its joint venture with Bauducco, allowing the US giant to grow in the emerging market as its own entity.
Global dark chocolate sales are expected to rise 9% each year up to 2019 due to increased demand in developing nations and associated health benefits, according to Technavio.
US social enterprise Project7 is carving a niche for itself in the highly consolidated chewing gum market with novel flavors such as birthday cake and sour caramel apple.
Gummies fortified with collagen peptide or magnesium could be money-spinners outside niche drugstore channels, says Swiss functional confectionery producer Hunziker.
The European sugar confectionery market is forecast to decline in the next few years as regulators and consumers consider the impact of sugar on public health, according to a report by Frost & Sullivan.
Kellogg has secured a gateway to introduce its own brands in the promising MEA region by acquiring a controlling stake in Egyptian biscuit maker BiscoMisr, says an analyst.
Rajhans (Desai- Jain) Group has launched premium chocolate brand Hoppits under the Schmitten umbrella as it aims to become India’s leading luxury chocolate firm.
Korean confectioner Lotte is aiming to increase its overseas sales six fold in the next five years led by growth in China, India and Russia, the firm said in its first half (H1) results.
Slow growth in French confectionery runs deeper than the economic crisis since consumers are simply more health-conscious than their European cousins, according to market research.
Gum is set to grow faster that all other confectionery categories in Germany and will be driven by premium products and claims that go beyond dental health, according to a market analyst at Canadean.
Premium international brands for China’s increasingly affluent population could be instrumental in raising low domestic chocolate consumption, according to market researchers Canadean.
Gum sales are still down for the category's second largest player, but the segment might be showing its first signs of recovery, according to Mondelez’s CEO.
