Finish firm Makulaku Confectionery hopes to double its exports in the coming years by taking new organic licorice brand Happy Reindeer to the US, Canada and the UK.
Mondelēz International hopes to “significantly expand margins” through healthier versions of its products, product innovation and more reliance on digital media.
The top four U.S. candy manufacturers are growing at slower rates than smaller companies, that are able to bring new products to market quicker, says an IRI analyst.
Candy industry experts report confectionery sales are faring better than figures in other retail food markets, with US shoppers snapping up nearly $34bn worth of sweet treats annually.
A Kraft Foods design expert is advising CPG professionals to remember that when it comes to influencing consumers to buy products, packaging leads the way.
Mondelez International plans to close older ‘subscale’ facilities and will open five previously unannounced sites by 2020 as part of a five-step supply chain efficiency program.
Speakers at the National Confectioner Associations’ State of the Industry conference are making big noises about creating in-store experiences to boost confectionery sales.
An investigation from the Fair Labor Association (FLA) has unearthed multiple serious violations of Nestlé’s supplier code, particularly through the use of children on cocoa farms.
Archer Daniel Midlands (ADM) has said it is now the 100 percent owner of Golden Peanut Company after it acquired all outstanding stock from Alimenta (USA), from Alimenta S.A, an international trading company based in Switzerland.
Danisco has obtained European approval for its planned acquisition
of ABF Ingredients' Abitec emulsifier business, which is expected
to strengthen its position in some key European markets.