Packaged Facts predicts major candy makers’ efforts to satisfy clean-snacking consumers will help the US confectionery market rebound after slightly sluggish sales in 2016.
Mars’ share in China’s chocolate confectionery market has been dropping since 2013, but the company maintains its leading position with 36.7% market share in 2017, Euromonitor’s latest data shows.
Nestlé is currently auctioning off its US candy business mostly to private equity firms, and major confectioners, including Hershey, Mars, Mondelēz and Tootsie Roll, a source familiar with the matter says.
Hershey's majority shareholder The Hershey Trust has cut its majority stake by 6% from $8bn to $7.5bn, but its voting interest is largely unchanged and analysts don't expect further divestment.
Mondelēz has confirmed it will close the Cadbury factory in Dunedin, New Zealand, in early 2018, and refurbish its local Cadbury World with a NZ$7m ($5m) investment.
Nestlé says it will strongly defend itself after it was accused of breaching copyright of Atari’s Seventies video game Breakout in marketing its KitKat brand.
Hindu statesman Rajan Zed says upset Hindus in the US are seeking “official apology” from the president of Wrigley for non-disclosure of beef in some of its candy products.
Nestlé says the Walnut Whip with a walnut will remain on sale alongside its new vanilla, caramel and mint versions without a walnut in the UK and Ireland.
Mondelēz has introduced its Oreo Choc’O Brownie to the UK market and will be supporting the launch with a £2.5m ($3.2m) audiovisual advertising, experiential, sampling and PR campaign.
Though Mondelēz has billed its new plans to invest A$75m (US$60m) into upgrading its Hobart Cadbury factory as a move to “secure local jobs”, it has at the same time revealed that nearly 10% of jobs will be shed in the process.
Ferrero will introduce a new flavor variant of Tic Tac Mixers, Hello Kitty and Hot Wheels-branded Kinder Surprise eggs, and will bring biscuit brand Nutella B-Ready to the UK market.
A survey conducted by YouGov Australia shows that Cadbury is Asia Pacific’s (APAC) favorite chocolate brand, chosen by 25% of the respondents in the region.
McVitie’s maker pladis and Unite, Britain and Ireland’s largest trade union, have signed an Engineering Apprenticeship Agreement to facilitate the recruitment of 50 apprentices into engineering roles at pladis by 2020.
Ferrero says it is on course to trace its entire cocoa supply to farm gate by next year, which it says will support its commitment to zero deforestation.
From initiating portion control advice on biscuits, alternative green packaging for Nestlé Waters and promoting Nespresso’s sustainability efforts - HENRi@Nestlé celebrates its one-year anniversary this month.
Hershey has decided to update its nutrition facts panel across its portfolio this fall, starting with some of the power brands including Hershey’s Kisses Milk Chocolate.
Servings of confectionery, fruit juice and biscuits are getting smaller without getting any cheaper, the UK government confirm as findings appear to strengthen what many consumers have long suspected.
Cadbury owner Mondelēz International plans to renovate its power brands with simpler ingredients and improved nutrition after meeting some of its well-being targets early.
Retail value sales of chocolate confectionery in West African countries, like Nigeria and Cameroon, have experienced steady growth over the past five years, according to Euromonitor International.
A British business advisory lawyer says Mondelēz could take action against Poundland for launching Twin Peaks chocolate that looks like its Toblerone brand because of its “unique and distinctive” shape.
Mars Chocolate has launched goodnessKNOWS bars in the UK, hitting the nerve of time that could disrupt the UK’s Top 10 snack bar brands, says Euromonitor.
