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.
Ukrainian confectioner Roshen has acquired Hungarian chocolate maker Bonbonetti after receiving regulatory approval from the Antimonopoly Committee of Ukraine.
Cargill has announced plans to invest €20m in two cocoa and chocolate production facilities in Germany as it looks to boost its presence domestically and in Eastern Europe.
Confectionery sales in Europe dwindle as new product developments (NPD) have not met consumer preferences which demands more definite health claims, according to an analyst at Mintel.
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.
Chocolate maker Barry Callebaut has reported increased profits and sales volumes for the six months to the end of February 2010, despite a declining global chocolate market.
Supported by supplier migration, Eastern Europe has gained ground in the global chocolate market as health concerns eat into the Western European share, according to new research.
Flexibility remains at the heart of one packaging group’s latest expansion plans as it moves to target confectioner interest for bespoke, multi-purpose processing machines in Northern Europe.
Heineken announced yesterday that it has doubled its forecast for
net profit growth, with strong sales in emerging markets offsetting
slow growth rates in Europe and the US.
European confectionery private label market share is continuing to
grow strongly, according the latest statistics by Neilsen for the
Private Label Market Association.
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.
Danisco's takeover of Genencor International, the EU sugar reform
and rising raw material prices feature prominently in the group's
recently published annual report.
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
businesses.
FoodProductionDaily.com caught up with Chr Hansen in Prague
at the beginning of a five-week marketing odyssey designed to bring
the company closer to the emerging markets of Eastern Europe.
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...
Research published findings in the Journal of Food Protection
suggests that the presence of undeclared peanut protein in European
chocolate is much higher than in North American confectionery.
A new study on the Turkish flexible packaging industry from market
intelligence firm PCI Films Consulting suggests the country's
progress in this field should be closely watched.