Industry giants Nestlé and Unilever report steady sales growth driven by emerging markets for first quarter of 2017 and predict continued growth throughout the year.
Industry Voices - Ewa Hudson, Head of Health and Wellness at Euromonitor International
Nestlé has expansion opportunities in developing markets in Asia and Latin America for its leading confectionery brand KitKat, according to the company’s head of chocolate countlines.
Protein ingredients are facing major challenges in developed markets, with stagnation in technical applications and uncertainty over health and sports markets, according to a report from Giract.
Cocoa grinds in North America have fallen 9% in the second quarter and remain flat in Europe as cocoa processors lose profitability and developed market economies harm chocolate consumption.
Mondelēz International third-quarter earnings fell 11% compared to last year due to disputes with French retailers over wholesale pricing changes and 'soft' developed market demand.
Chocolate makers should ensure that wholesale price increases do not stunt growth in the emerging markets, says an analyst at Euromonitor International.
A novel lollipop shape featuring two hard candy balls allows confectioners to combine colors and flavors in a single product and could prove popular in Asia, says equipment supplier Baker Perkins.
'Snacks powerhouse' unveils plan to shrink beverage business
Mondelez CEO Irene Rosenfeld insists the firm’s coffee interests backed by brands such as Tassimo are ‘very attractive’ but says the deal to shrink its beverage business fits a core snacks focus.
Dispatches from the NCA State of the Industry Conference in Miami
Confectionery companies will need to adapt to a rapidly changing retail landscape as ethnic minorities lead population growth in the developed US market.
Lindt & Sprüngli recorded strong sales growth in 2012 and could prove an attractive “end game” acquisition for fellow Swiss confectioner Nestlé, according to one analyst.
The demand for bakery and confectionery food processing machinery is to increase over the next few years as employment and incomes rise in developing countries, according to Freedonia.
Barry Callebaut full-year profits have fallen slightly after it made significant investments in its supply chain as factories in developed markets reached capacity.
Food and nutrition giant Nestlé has reported improved sales in its 9-month results driven by growth in emerging markets, but Q3 was a little slower than last year.
Chocolate manufacturers must invest in luxury and premium to drive sales in developed economies but dedicate focus on distribution and mid-priced products for emerging markets, an analyst says.
Singapore-based Petra Foods’ cocoa ingredients business had nosedived in its second quarter (Q2) results due to weakening chocolate demand in developed markets.
Nestlé has recorded 7.1% growth for its confectionery business in its first quarter (Q1) results released today driven by emerging chocolate markets such as Latin America and Asia.
Continued growth in the global confectionery market will be driven by increased demand for ethical and functional products in mature regions, and a rise in disposable income in emerging markets, according to industry analysts.
The market for colours is shifting to favour natural colours, but there is still a big need for certain synthetic colours, according to market experts at RTS resources.
Increasing use of aluminium food and beverage packaging in developing countries will be one factor behind a possible surge in global demand for the material, said one industry leader.
Developing regions are seeing the greatest growth potential in the global confectionery market and this is driving equipment manufacture in the sector, according to Baker Perkins, which is introducing new technology at a Cologne trade show in the New...
Toothfriendly Sweets International, a non-profit making association
which champions the health benefits of sugar-free confectionery,
has announced it has received charitable status for its work -
something which sugar-free confectioners...
