Turkish conglomerate Yildiz Holding has sold a 20% stake in its chocolate and biscuit business Ülker in a share offering as its Godiva business grows rapidly in international markets.
The Hershey Company will make its single largest investment in Asia with a new factory in Malaysia, a country the firm says gives it a strong route to 25 markets in the region, including China.
The majority of UK consumers who admit to regularly buying confectionery in-store do not purchase confectionery online, according to research by Kantar Media, which says confectionery has huge growth prospects on the web.
Barry Callebaut has opened its first chocolate factory in Turkey, while SunOpta has completed a organic and specialty cocoa processing facility in the Netherlands.
Bosch Packaging Technology claims that flexibility is crucial for smaller businesses as it launches two new bagging machines at Pack Expo designed for smaller confectioners looking for quick and easy changeovers between products.
Mondelēz International has appealed against the New Zealand trademark authority’s decision to OK rival Whittaker’s registration of its Berry Forest chocolate bar, despite protestations that it is too similar to Mondelēz's own Black Forest brand.
By Rick Beckmann, senior foreign legal counsel, and Aldi Rakhmatillah, associate, of Susandarini & Partners, in association with Norton Rose Fulbright Australia
How should Indonesia and, more to the point, the local community, benefit from foreign investment in plantations?
Forecast butter and milk powder shortages could limit the EU’s ability to keep up with domestic and global demand, according to chocolate and confectionery trade group CAOBISCO.
Cadbury has failed to block Kiwi rival Whittaker’s trademarking of the name 'Berry Forest' on the grounds that it is too similar to its Black Forest chocolate bar.
Spanish chocolate major Natra will launch a nut variant of its Tiger bar countline in South Africa for retailers and said it would consider exclusivity agreements.
Rising dark chocolate consumption is driving up prices, according to data from Euromonitor International, with China, Switzerland and the US having the highest retail value.
Printpack: Choose polyester over cheaper polypropylene for see-through packs
Confectioners are moving towards clear packaging films that display part of the product to win shelf appeal, according to packaging suppler Printpack, which says confectioners should opt for polyester clear films over cheaper polypropylene versions.
Booming demand from the growing middle classes in emerging markets mean confectionery industry investments in processing and packaging equipment will grow 4% to 5% annually, according to a report by processing and packaging association PMMI.
The Indonesian deputy trade minister has said that after successfully increasing domestic cocoa grinding capacity the country should lower cocoa bean import duties to prevent shortages in the future.
Barry Callebaut has collaborated with Hershey to build a primary school in a western cocoa-growing region of Côte d’Ivoire – a move that should ensure children stay off the farms, Barry Callebaut says.
Mars and Nestlé have opted to settle a class action lawsuit over price fixing allegations in Canada but both still face criminal charges in a separate investigation from the Competition Bureau.
As we approach the first year anniversary of the launch of Mondelēz International, ConfectioneryNews peers into the chocolate box of the young confectionery titan.
Mondelez International hopes to strengthen its real-time engagement with consumers via its global partnership with Twitter, a move one marketing expert has dubbed 'clever' and 'innovative'.
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.
UK premium confectioner Thorntons has claimed consumer sentiment for gift chocolates is strong in spite of a troubled UK economy as it posts positive full year results.
This week’s launch of the new Google Android 4.4 Kit Kat and Nestlé’s tie-in chocolate Android robots is a marketing move worth millions and could help the Kit Kat name grow in emerging markets like China, says Euromonitor International.
The International Cocoa Organization (ICCO) has slightly reduced its cocoa deficit forecast for the current crop year and says there are ample stocks for chocolate manufacturers, but a deficit next year could raise prices.
Barry Callebaut's R&D department talks to ConfectioneryNews after winning a blood flow health claim for cocoa flavanols in dark chocolate and cocoa beverages.
Nestlé is to make more than 50M Android-branded KitKat bars, after teaming up with Google to launch the new version of its Android mobile operating system to be called Android KitKat.
A case alleging child labor abuses by Hershey in West Africa should be dismissed for lack of evidence, according to a Master’s report in the Court of Chancery in Delaware.
Boxed chocolates, sugar-free candy and fair trade chocolate are likeliest to succeed in the increasingly premium Dutch confectionery market, according to an analyst at Leatherhead Food Research.
London’s US-style store chain Hummingbird Bakery is seeking firms interested in making Hummingbird branded ice cream, confectionery, and long shelf-life bakery.
Cadbury will invest in trials to commercially cultivate cocoa in Australia for the first time as it sets out plans to upgrade its production facility in Tasmania.
FoodPairing - a Belgian firm blazing a trail in the culinary arts world by replacing guess work with flavor science to identify unique flavor combinations - is moving beyond food pairing (identifying a novel ingredient that ‘goes’ with strawberry) to...
Demand for sustainable cocoa is growing in mature markets and the Middle East is beginning to move away from compound chocolate, according to the head of Cargill Cocoa & Chocolate’s revamped sales team.
Natra Cocoa and Chocolate has reported flat sales in its first half results due to weak consumer spending in Europe and a blip in chocolate consumption in its growth driver Asia.
Fair Trade USA has finalized its labeling policy after over six months of consultation. NGO Fair World Project supports some of the changes but feels the policy does not go far enough to combat exploitative sugar sourcing.
Whetstone Chocolate Factory is to begin manufacturing Yowie-branded toy-filled chocolate eggs in the US as its licensor initiates legal action against an alleged imitator.
A novel food-grade oleogel made of cellulosic polymer, surfactant and oil could be used to substitute trans fats in foods, according to new research backed by Kraft Foods.
We’ve delved into the ConfectioneryNews archives to chart newly built factories and major investments on existing plants by the industry’s major players over the past five years to discover where capacity is moving.
Lindt & Sprüngli intends to invest CHF 200m ($217m) in new production lines at existing plants in the US and Europe in response to rising demand in developed markets.
Lindt & Sprüngli has recorded a 40.2% rise in net profit in the first half of the year results driven by improved consumer sentiment in developed markets such as the US and Europe.
Petra Foods has reported growth in its consumer goods division in its second quarter (Q2) results and says it is planning to capitalize on the growing middle classes in Philippines, Malaysia and Singapore with premium products.