Snacking giant Lotte has revealed that low-and-no-sugar are key trends guiding its new product development across both its snacking and confectionery portfolios, while also reveal plans to boost sales in the Middle East and South Africa.
Korean firm Lotte’s recent acquisition of Kazakstan’s leading confectioner forms part of a carefully planned expansion strategy that gives it a “jumping board” to Russia and Central Asia, according to an analyst at Mintel.
South Korea's Lotte Confectionery Company, the country's largest
snack food manufacturer, has acquired a 100 per cent stake in a
Chinese confectioner - a move which will not only bolster its
influence among China's...