An improving global economy, stronger than expected economy in developed countries and rising disposable incomes in developing countries are the main reasons why demand is growing for confectionery products, according to Global Data.
Mondelēz has reported “positive” results after it launched a series of Max flavors under its multiple gum brands in Europe, including Trident, Stimorol and Hollywood, according to the spokesperson of company’s European branch, Steve Mann.
Confectionery brands must ensure the packaging for new products is as innovative as the flavors, particularly to stave off competition from private label imitators, says packaging specialists Smithers Pira.
Confectionery wrapping machine supplier Theegarten Pactec claims Russia and the Ukraine have been the fundamental growth drivers for the firm over the past three years, citing greater affluence and increasing demand for Western style products in the region.
Central and Eastern European sugar processors are bearing the brunt
of new EU reforms due to dominant Western European companies within
the industry acting in a political and not economic manner, claims
an agricultural expert.
Ingredients giant Tate & Lyle is considering the sale of its
Food & Industrial Ingredients, Europe (TALFIIE) division, in a
move designed to sharpen its focus on value added ingredients, the
firm announced yesterday.
Ambitious US ingredients supplier Cargill boosts its war chest,
announcing a 35 per cent rise in profit for the third quarter of
2005, on gains from commodity trading and its animal feed and steel
Danish ingredients giant Chr Hansen is about to launch an intensive
research and marketing campaign across Eastern Europe to learn more
about local taste preferences and beat the opposition to one of the
world's most promising...
Ukraine's largest malt house is to receive more than €9 million in
outside funding to double its production capacity - helping French
company Soufflet to dominate the region and make the factory a
stable source of income for...
Poland is set to become the prime international market for Heineken
as Grupa Zywiec reports booming sales and profits for the first
half of the year. A strategy focusing on one brand for each beer
segment and concerted efforts to...
The Russian dairy market has seen phenomenal growth in recent
years, driven largely by the development of Wimm-Bill-Dann and
other western dairy companies. France-based dairy equpment supplier
Erca-Formseal shares its experiences...
One of Romania's leading and longest established chocolate makers,
Excelent, has relaunched its Kandia branded chocolate under a
multi-million dollar investment. The money has also included an
extensive revamp of its production...