In its review of the past 12 months, The Federal Association of the German Confectionery Industry (BDSI) confirmed it had been a ‘very tense economic situation’ for the industry.
The German Confectionery Industry has issued a stark warning to the federal government that jobs are at risk in many small and medium-sized family businesses due to broken supply chains, skyrocketing energy costs, raw material costs - and raw material...
After the pound hit a record low against the US dollar at the end of September, the Fairtrade Foundation is warning of the potential impact of the market volatility, both on farmers in low-income countries and the UK shoppers who buy the food they grow.
Printpack, a US flexible packaging converter, will invest $25.7m to expand its manufacturing operation in Newport News, Virginia, despite closing its Fredericksburg plant last June.
UK chocolatier Thorntons is to concentrate on selling its premium chocolate range through commercial channels and will also explore international markets after its earlier focus on own-store sales helped profits to slump.
Egypt’s confectionery market will slump over the next two years spurred by political and economic unrest, but manufacturers can create appeal with NPD of low-cost, healthier products, according to an industry expert.
Ferrero has announced plans to build a new factory in Turkey in the province of Manisa to leverage its position in a confectionery market that has grown 120% since 2004, according to figures from Mintel.
