Confectioners in Europe are under threat from an MEP’s report proposing to postpone abolishing EU sugar quotas until 2020, according to industry bodies whose members include Mars, Nestlé, Kraft and Ferrero.
Gum giant Wrigley has been granted novel food approval in the EU for an extract to be used in chewing gum and mints that will allow it to introduce new products with perceived breath-freshening benefits.
Instability in the European sugar market is set to continue in the near future though further deregulation anticipated for 2015 could help bakery and confectionery manufacturers, according to a report from financial services provider Rabobank Group.
In anticipation of stevia approval in Europe, leading producer, PureCircle, has announced that it is setting up its European headquarters in the UK to support customers in their launches throughout the region.
The European Commission will consider boosting the availability of sugar at its next tonnage tender meeting on August 25 after sharp rises in prices and calls from food manufacturers for it to increase sugar quotas or abandon them.
Confectionery manufacturers in Germany are faced with sugar supply gaps and dramatic price rises despite EU regulatory intervention on the crucial food ingredient, argues the German chocolate and confectionery industry association.