Showing category "confectionery" (Show all posts)

Review of the year for confectionery industry

Posted by Turgut Ziyal on Saturday, December 24, 2011, In : confectionery 
An interesting and short presentation compiled by confectionery.com:

click here
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Building a Buzz in Social Media Ahead of Traditional Marketing

Posted by Turgut Ziyal on Thursday, June 23, 2011, In : confectionery 
A brand that has been present online since the days this newspaper  (NY Times) still included “http://” in Web addresses is expanding its digital marketing tactics by embracing social media.

Perfetti Van Melle has hired the Martin Agency in Richmond, Va., part of the Interpublic Group of Companies, as the social media agency in the United States for its Mentos line of mints and gums. As Perfetti Van Melle gears up to introduce Mentos UP2U, its first stick gum sold in this country, the ini...
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Callebaut targets Americas for Stevia based chocolate

Posted by Turgut Ziyal on Saturday, June 11, 2011, In : confectionery 

Leading pod-to-pallet chocolate supplier, Barry Callebaut, is targeting manufacturers in the Americas with a stevia-based dark chocolate for use in multiple applications, including moulding, enrobing and inclusions. The company said it has replaced sugar in the chocolate with an all-natural sweetener solution consisting of dietary fibres, the polyol erythritol and stevia extract, and added that the formulation has been customised to suit the taste preferences of region Americas.

A spokesp...


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Mars consolidates Global Creative

Posted by Turgut Ziyal on Saturday, June 11, 2011, In : confectionery 

In support of its global brand strategy, Mars is consolidating all global brand creative with BBDO and DDB. BBDO and DDB already work with Mars and will now be taking over additional brands from TBWA and SapientNitro, which will be phased out as of September. 

SapientNtiro will, however, continue to work on digital strategy and support of the Mars corporate site. BBDO will continue global creative management of Mars, Snickers, M&M’s, Cesar, Sheba, Five, Orbit, Extra, Dolmio, Uncle Ben’s,...


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PERFETTI INDIA ENTERS SNACK BUSINESS

Posted by Turgut Ziyal on Thursday, May 5, 2011, In : confectionery 

The Indian subsidiary of the international confectionery company Perfetti Van Melle has entered the snacks business with the launch of a new range called ‘Stop Not’.

It is the first country in the Perfetti Van Melle group to diversify its product portfolio to include ready-to-eat, packaged salty snacks.

Sameer Suneja, managing director of Perfetti Van Melle India, says, “Salty snacks is a very exciting and challenging category to be in. The category has seen a lot of action in the las...


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Pietro Ferrero dies at 47

Posted by Turgut Ziyal on Thursday, April 21, 2011, In : confectionery 

Pietro Ferrero, CEO of the Ferrero group, has died at 47 of a suspected heart attack in South Africa while cycling.

“Italy has lost a businessman who embodied the best qualities of our industrial history – the continual search for excellence, creativity, the determination to compete even in difficult moments to defend a brand and make it a symbol,” comments Italy’s foreign minister Franco Frattini.

Ferrero was founded in 1946 when Pietro’s grandparents transformed a small coffee b...


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Mars UK unveils Market Review

Posted by Turgut Ziyal on Thursday, April 21, 2011, In : confectionery 

Mars UK has unveiled its 2011 Market Review and confirms that value and convenience are the keys to success for retailers. The report notes that the confectionery market was valued at £4.9 billion in 2010 and showing growth of 5.3 per cent, it is the most significant category in snacking. The Convenience channel will see increased footfall in-store with consumers making more frequent convenience trips per week. 

Bep Dhaliwal, trade communications manager of Mars, comments, “In 2011, we’...


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The Ginger People expand to Europe

Posted by Turgut Ziyal on Wednesday, April 13, 2011, In : confectionery 

The Ginger People, North America’s leading ginger brand, announced an expanded commitment to European and Asian markets during this week’s Natural & Organic Products Europe Expo, one of the food and beauty industry’s largest trade shows held in the UK. 

Following years of double digit growth in the North American market, the company appointed former Vice President of Sales & Marketing, Christie Pearson, to direct their strategic growth plans in Europe and Asia. Based in central German...


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Wrigley launches calcium gum in Australia

Posted by Turgut Ziyal on Monday, April 11, 2011, In : confectionery 

The Wrigley Company is launching a new calcium enriched gum in Australia and New Zealand, claiming its ‘on-the-go’ delivery system can help address the reported calcium intake deficiency among 90 per cent of the Australian population.

According to Wrigley, chewing two pieces of its new fortified gum Extra Professional Calcium for 20 minutes can deliver 10 per cent of the recommended daily intake (RDI) for the mineral. Shane Bonello, Wrigley pacific sales director, commented: “We kno...


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Lindt & Sprungli gains share in all markets

Posted by Turgut Ziyal on Thursday, March 17, 2011, In : confectionery 

Lindt & Sprungli, the Switzerland-based chocolate manufacturer, has seen organic growth of 7.3% in local currency terms in 2010, resulting in substantial market share gains in practically all countries and segments.

The company also has realigned its management structure, expanding responsibilities for four executives under its newly-created “Extended Group Management.” The team includes Rolf Fallegger, who since 2009 has held country responsibility for France, the UK, Russia and Poland;...


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Green & Black is world's largest organic chocolate brand

Posted by Turgut Ziyal on Thursday, March 17, 2011, In : confectionery 

Green & Black’s has announced that it is now the world’s largest organic and Fairtrade chocolate brand following Fairtrade certification across its entire block bar and beverages products. It is also increasing financial commitment to ensuring the sustainability of the cocoa-growing communities. 

Neil La Croix, the company’s head of sustainability, says, “Green & Black’s is a brand which was built on ethical principles. The decision to increase our commitment to Fairtrade and roll ...


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Fairtrade sales exceeded 1 bill pounds in the UK

Posted by Turgut Ziyal on Sunday, March 13, 2011, In : confectionery 

UK Fairtrade sales jumped 40 per cent to an estimated retail value of £1.17bn in 2010 from £836m in 2009.

Sales of Fairtrade chocolate confectionery have more than quadrupled in 2010 to an estimated retail value of £342m, making chocolate the leading Fairtrade product by value in the UK, according to the Foundation. Sales of Fairtrade drinking chocolate have nearly trebled to an estimated retail value of £34m, it added.

Eileen Maybin, a spokesperson for the Fairtrade Foundation told t...


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Kraft introduces Oreo in India

Posted by Turgut Ziyal on Sunday, March 13, 2011, In : confectionery 

Cadbury India, as part of the Kraft Foods Group, is to introduce the Oreo biscuit brand to India. The introduction marks the entry into a new category in India. “Oreo is the number one biscuit in the world by value and enjoys market leadership in many markets including the US and China,” says Anand Kripalu, president, South Asia & Indo-China, Kraft Foods, and managing director, Cadbury India. He adds, “Introducing Oreo marks the beginning of our journey in this growing category. The Ind...


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Global Market for Children Confectionery

Posted by Turgut Ziyal on Thursday, February 24, 2011, In : confectionery 
I am again sharing with you a blog posting from Euromonitor Global Market Research Blog. This is about "children confectionery" and posted by Francisco Redruello. The posting starts as follows:

Confectionery targeting children is difficult to define as a category in its own right. This is because many confectionery products are consumed by adults and children alike. However, some categories, like pastilles, gums, jellies and chews, boiled sweets and chocolate with toys, are mostly targeted ...


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Ferrero lost case in Ukraine

Posted by Turgut Ziyal on Tuesday, February 8, 2011, In : confectionery 
Italian chocolate maker Ferrero has lost a long running counterfeit case in relation to its top-selling praline brand, Raffaello.
The €6 billion confectionery group was hoping to overturn an earlier ruling that ordered the trademark for its Raffaello product be withdrawn from Ukraine, following an action brought by Russian firm, Landrin, over its Waferatto.
Landrin had lost a case in Russia with the court ruling that the Waferatto product did infringe the trademark of Ferrero’s praline br...
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Polyol sales will grow as health concerns boost functional products

Posted by Turgut Ziyal on Tuesday, January 18, 2011, In : confectionery 

The latest publication from GIA about Polyols reports that the substitution of sucrose with polyols has gained wide application to reduce the calorie content in food such as fat replacement. Asia-Pacific represents the fastest growing market with consumption projected to grow at a compounded annual rate of more than 3 per cent over the analysis period. Worldwide economic recession negatively impacted the polyols market during 2008 and 2009,with a decline in demand in the US and European foo...


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Chocolate sales in Europe will increase in 2011

Posted by Turgut Ziyal on Tuesday, January 18, 2011, In : confectionery 

A report from the European Cocoa Association (ECA) showed that cocoa bean processing by European based manufacturers has decreased to 342,713 metric tonnes in the 4th quarter of 2010. Grindings are a key indicator of demand for cocoa from the chocolate and foods industries and the ECA accounts for around two-thirds of European bean processing. But food analysts at Euromonitor International argue that the fall in cocoa grindings by 2.4%  in the 4th quarter of 2010 is not an indication of a rea...


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Mars, Inc. Wins U.S. State Department’s 2010 Award for Corporate Excellence for its Commitment to Cocoa Sustainability

Posted by Turgut Ziyal on Wednesday, January 12, 2011, In : confectionery 
Mars Inc. received the U.S. Secretary of State’s 2010 Award for Corporate Excellence (ACE) for its work in cocoa sustainability and efforts to improve economic development in the cocoa-growing region of the Republic of Ghana. Mars was chosen from a record number of 78 nominations submitted by American ambassadors around the world.

The ACE awards, which were established by the State Department in 1999, are given to honor U.S. businesses that demonstrate good corporate citizenship abroad, an...


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Ferrero invests in Turkey

Posted by Turgut Ziyal on Friday, January 7, 2011, In : confectionery 
According to news in Turkish press Ferrero will start production in Turkey. Ferrero has recently bought a 140 k m2 land in Manisa (an industrial city at the west coast of Turkey near to Izmir). Ferrero will invest 30 million Euros for building the manufacturing plant. Currently Ferrero imports several products to Turkey but their prime product is Kinder Surprise. Recently Nestlé Turkey has also entered into surprise egg market by acquiring 51% of Balaban and Dogan who are manufacturing "toto...
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New Chewing Gums from Wrigley and Kraft

Posted by Turgut Ziyal on Tuesday, December 28, 2010, In : confectionery 

Chewing gum brands Wrigleys and Trident plan to launch new and developed functional gum products in early 2011, supporting the predictions made by Euromonitor that “strong growth” is predicted for the confectionery category over the next four years.

Kraft-Cadbury is to launch Trident Vitality in the US, which will be available in three flavours. The range includes a citrus and strawberry flavour that according to the company contains 10 per cent of the daily value of vitamin C per sti...


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Functional Confectionery grows in Japan

Posted by Turgut Ziyal on Tuesday, December 21, 2010, In : confectionery 

Health concerns are fuelling innovation in the Japanese functional confectionery market, according to research from Datamonitor.

The report: Product Insights: Confectionery in Japan claims that in 2009, Japan ranked fourth in terms of new product launches and fifth in terms of market value in the global confectionery market. According to Datamonitor, factors that contribute to the innovation include a the increasing number of working Japanese men and women who are becoming highly health-con...


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Hershey seriously considers to enter Europe

Posted by Turgut Ziyal on Monday, December 13, 2010, In : confectionery 

Hershey considers to start selling its confectionery in the UK and Europe. Until now, Hershey has been mainly existing on the North American confectionery market. International sales are making up only 14 per cent of Hershey’s total revenues of $5.3bn in 2009. However, since 2009 Hershey has shown strong signs of expansion to Europe as well. Infact in August, the company has established a European subsidiary in London and last year Hershey has been named as  a potential bidder for Cadbury d...


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Lotte expands Polish operation

Posted by Turgut Ziyal on Monday, December 6, 2010, In : confectionery 
Asian group Lotte has plans to expand the production capacity of Polish confectionery manufacturer Wedel by investing over €200m into the company, according to a Polish media outlet. The funds will go towards the construction of five new plants in Poland, reports Rzeczpospolita, citing unofficial sources. The article notes that Lotte will make a preliminary investment of €70m with the remainder of the financing to be phased in.

The Japanese-Korean giant has publically stated its intenti...


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Spain introduces new regulations for chewing gum

Posted by Turgut Ziyal on Monday, December 6, 2010, In : confectionery 

The Spanish government has introduced new regulation to make chewing gum less sticky in a bid to reduce the high cost of street cleaning in the country. Following a cabinet meeting last Friday, the government decree, which was aimed at updaing 32-year-old legislation, will ensure chewing gum bases in Spain are derived from a copolymer of vinyl acetate and vinyl laurate. The Spanish authorities said that this copolymer has the benefit of making gum easier to remove from surfaces. Vinyl acetate...


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Cadbury India expands its capacity

Posted by Turgut Ziyal on Wednesday, November 24, 2010, In : confectionery 
cadbury has confirmed that it will  expand the production capacity for its confectionery portfolio in India.

Managing director Anand Kripalu said that capacity is a "challenge" for the firm and that Cadbury will be looking to "drive up volumes". Kripalu said the expansion will take place at the company's existing six facilities in India but declined to comment on investments and any additional output. Asked if Cadbury will be selling more products from Kraft portfolio, Kripalu said: "As of n...


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Mars cooperates with ConAgra for Holiday range

Posted by Turgut Ziyal on Wednesday, November 24, 2010, In : confectionery 
 US conglomerate ConAgra Foods has joined forces with Mars Inc to launch a range of confectionery for the Christmas season.

ConAgra's Peter Pan peanut butter brand and Mars' M&M's Holiday milk chocolate candies have joined to create three products, the manufacturers announced. Holly Jolly Peanut Butter Cookies, Jingle Bell Balls and Holiday Magic Peanut Clusters will be promoted on Facebook and via 5m on-pack lid stickers for the Peter Pan brand.

As part of the campaign, recipes will be ava...


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Chocolate demand in UK increases

Posted by Turgut Ziyal on Thursday, October 14, 2010, In : confectionery 
Demand for chocolate in Britain has proved resilient during the economic downturn with UK retail sales seen climbing by 3.1 percent this year, market research firm Mintel said on Friday. Mintel said sales this year were expected to climb to 3.69 billion pounds ($5.86 billion) building on a 4.6 percent rise in 2009 and 4.4 percent advance in 2008.

"Mintel's senior food and drink analyst Vivianne Ihekweazu said that chocolate performed strongly during the downturn, with consumers turning to it...


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Kraft opens R&D center for gum and candy in Switzerland

Posted by Turgut Ziyal on Friday, October 8, 2010, In : confectionery 
Kraft's new innovation centre in Switzerland will ensure innovations in chewing gum and sugar confectionery have regional appeal.

Kraft said that the team at the new €10.4m gum and confectionery R&D facility at Eysins will work closely with researchers at its gum and candy centre of excellence in New Jersey to determine how to develop gum and confectionery products and packaging that adhere to taste and other preferences of consumers throughout Europe.

Laurie Guzzinati, a spokesperson f...


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Chocolate drives Japanese confectionery market

Posted by Turgut Ziyal on Friday, October 1, 2010, In : confectionery 

The chocolate category accounts for over half of new confectionery product launches in Japan, but the functional segment is beginning to steal some of the limelight, according to a new report from market researchers Datamonitor. The market for confectionery in Japan increased at a compound annual growth rate (CAGR) of 0.9 per cent between 2004 and 2009, with the chocolate category taking a 52 per cent share.

Traditional categories such as sugar confectionery accounted for one third of the n...


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Perfetti increases capacity in India

Posted by Turgut Ziyal on Friday, October 1, 2010, In : confectionery 

Perfetti van Melle is set to increase capacity in a plant in southern India as its two year long marketing efforts pay dividends in terms of its gum and éclair market penetration, according to a report in the Hindu Business Line.

Current 17,000 tonne capacity of its Chennai facility will be bolstered by over 50 per cent, claims managing director of PVM India, Sameer Suneja, The current capacity for the company in India is 70,000 tonnes, with manufacturing bases in two other locations in No...


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Lotte opens Russian Plant

Posted by Turgut Ziyal on Monday, September 20, 2010, In : confectionery 

Lotte Confectionery, a subsidiary of South Korean food conglomerate Lotte Group, has opened its first Russian food plant in Obninsk city, 102 km southwest of Moscow. The site will manufacture Lotte’s signature Choco Pie confectionery to supply Moscow and the Ural-Siberian area, said a Lotte spokesman.  "In the future, it will also make Pepero chocolate chips, Kancho cookies and chewing gum Xylitol," the spokesman said. He added that Lotte-branded sweets sold in Russia so far are generally...


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Report on UK sweets market reveals decline in mint products

Posted by Turgut Ziyal on Tuesday, September 14, 2010, In : confectionery 

Sweets showed impressive growth, but in terms of other segments within sugar confectionery, gum suffered a dramatic loss of sales in 2009 and mints are in a long term decline, finds a new YouGov Sixth Sense report on the UK confectionery market.

In 2009 the value of the total UK snacking confectionery market reached £4.9bn, which was an increase of around 4 per cent on the previous year, notes the publication, with the market analysts predicting that further growth this year will take the ...


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Resveratrol gum maker expects “great interest” in US

Posted by Turgut Ziyal on Tuesday, September 14, 2010, In : confectionery 
The launch of a chewing gum containing resveratrol is expected to be greeted with “great interest” in the US, say the Danish makers of the gum.

The ingredient – Fluxome’s resveratrol – has been incorporated into Gumlink A/S’s patented Dual-layered compressed chewing gum. A prototype will be presented at the First International conference of Resveratrol and health that takes place in Denmark this month.

“Resveratrol has received a lot of focus lately and we wanted to offer ...


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Vanilla gum may cut nicotine withdrawal effects

Posted by Turgut Ziyal on Tuesday, September 14, 2010, In : confectionery 

New research from the US shows that some flavours of chewing gum are effective in reducing the negative effects associated with nicotine withdrawal such as anxiety.

Chewing gum may be a useful adjunct to existing smoking cessation treatments that is easily accessible, low in cost, and simple to administer, claim the researchers based at universities in Texas and Oklahoma.

The study, published in the journal Addictive Behaviors, reports that the research was supported by a grant from l...


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Nestle upgrades premium chocolate plant in Russia

Posted by Turgut Ziyal on Tuesday, September 14, 2010, In : confectionery 
Nestlé reports that an upgrade to its premium chocolate manufacturing facility in the Samara region of Russia will transform it into a key competence centre for confectionery products in Europe.

Two production lines from a Moscow plant owned by Nestlé are being transferred to its Confectionery Union Rossiya factory, in a move that will create 149 new jobs, said the Swiss group.

Nestlé has built up a strong presence in Russia over the past 15 years. The Swiss group operates 13 productio...


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Haribo top management reorganized

Posted by Turgut Ziyal on Tuesday, September 14, 2010, In : confectionery 
The iconic boss of Haribo restructures the management of the German confectionery group and invites his nephews to join the board of the company. Dr Hans Riegel, who has led Haribo since 1946, said that the company had set out its "course for the future" with the changes to its management.

Haribo was founded in 1920 and Dr Riegel and with his younger brother Paul took on the business after World War II. Paul died last year, with his shares passing to his two sons, Hans-Guido and Hans-Arndt R...


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Barry Callebaut will supply Kraft

Posted by Turgut Ziyal on Tuesday, September 14, 2010, In : confectionery 

Barry Callebaut has secured a deal to supply cocoa products and industrial chocolate to Cadbury owner Kraft Foods. The deal is a major change for Kraft, which had previously only outsourced a small part of its production.However, Cadbury already had a major supply agreement in place with Barry Callebaut.

The agreement announced today includes some of the liquid chocolate Barry Callebaut supplied to Cadbury but is expected to double the Swiss firm's business with Kraft. The deal also means ...


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Kraft Cadbury launches Bliss targeting female

Posted by Turgut Ziyal on Tuesday, September 14, 2010, In : confectionery 
Kraft owned UK confectioner Cadbury has launched Bliss, a chocolate bar targeting  female consumers. Dairy Milk Bliss has a vanilla mousse centre and rounder edges than standard Dairy Milk bars. It will hit UK shelves next month.

Cadbury trade communications manager Susan Nash said: "We are hoping that people will take time out from their busy day to pamper their taste buds with our delicious new Cadbury Dairy Milk Bliss bar. It has performed very well during testing with 72% of those who tr...


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Kraft plans to expand distribution in China

Posted by Turgut Ziyal on Tuesday, September 14, 2010, In : confectionery 

Kraft Foods is reportedly planning to double the number of Chinese cities in which Cadbury products are sold in just two years. Lorna Davis, president and chairman of Kraft's business in China, told Reuters that the company would use its current distribution network in the country to build Cadbury's presence.The company plans, according to the report, to sell Cadbury products in around 40 Chinese cities within the next two years.


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Kraft looks for high-tech chocolate wrappers

Posted by Turgut Ziyal on Monday, August 23, 2010, In : confectionery 

Kraft is seeking high-tech chocolate bar packaging that will prevent bars from melting. Kraft said it is seeking "novel materials or approaches to packaging that can protect single serve chocolate bars from medium term exposure to warm ambient conditions". Nine Sigma, an 'open innovation' consultancy has issued a design tender on the manufacturer's behalf, with "proof of concept" sought within nine months.

"These products frequently experience multiple cycles of exposure to controlled and ...


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Kraft builds sixth plant in Brasil

Posted by Turgut Ziyal on Monday, August 23, 2010, In : confectionery 

Kraft Foods is building a chocolate and powdered beverage manufacturing plant in Brazil which is the company's largest developing market. Kraft will be spanding US$50m on the site in the state of Pernambuco, in north-eastern Brazil.

The factory, which will produce lines including Lacta chcoolate tablets and Tang powdered beverages, will be Kraft's sixth plant in Brazil. The site will be 30,000 square metres in size, will employ 600 workers and be up and running in the first quarter of 2011...


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Cadbury UK launches campaign for London Olimpics

Posted by Turgut Ziyal on Tuesday, August 3, 2010, In : confectionery 

Cadbury UK owned by Kraft has launched its marketing campaign for the London 2012 Olympics. Cadbury's "Spots v Stripes" program aims to make people in the UK and Ireland play games along with the olimpics. Cadbury is the official treat provider for the Olimpics.

Consumers are being invited to sign up to a website, where they can win points by organising and playing games in their schools, workplace and neighbourhoods.The campaign will be taken nationwide throughout the summer, with events ...


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IRI Confectionery sales report for USA

Posted by Turgut Ziyal on Wednesday, July 28, 2010, In : confectionery 

IRI Summary through June 13, 2010

In confectionery sales, all signs point up for the start of the summer selling season.
Candy and gum posted positive gains of 4.2% in FDMx for the fifty-two week period ending June 13, 2010. Unit sales for the same period were also up by 1% which means that with dollars and units both tracking upward, real candy consumption growth is happening. Four week sales capped at 3.4% while 12 week sales garnered a respectable 2.4% growth.  The biggest growth percent...


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Wrigley in-houses core brands

Posted by Turgut Ziyal on Tuesday, July 20, 2010, In : confectionery 
Mars owned Wrigley is bringing the production of Life Savers mints in-house by expanding its  plant in Chattanooga, Tennessee. The relocation is expected to be complete by the end of 2010. This move is a part of a strategy which aims to manufacture most of the core products in-house. This way Wrigley expects to improve business from these brands. Life Savers was being manufactured by a Canadian company for Wrigley. Wrigley is planning to invest USD 28 million to expand its Jersey Pike plant i...
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Wrigley to pay millions for claims on Eclipse gum

Posted by Turgut Ziyal on Thursday, July 8, 2010, In : confectionery 
Wrigley will pay consumers up to $7m after settling a class action that challenged its right to claim its Eclipse gum was, "scientifically proven to help kill the germs that cause bad breath". Wrigley agreed to set up a fund of $6m (with another $1m added if needed) with consumers able to claim $10 each if they could qualify purchases of the magnolia bark extract-fortified gum. Wrigley also agreed to amend the claims and pay all costs associated with settling the action that was brought by th...
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Kraft redefines priorities in brands and markets

Posted by Turgut Ziyal on Wednesday, June 30, 2010, In : confectionery 
Kraft Foods Co is revising the brands and countries it will focus on in developing markets as a result of its acquisition earlier this year of Cadbury Plc.

Cadbury Dairy Milk chocolates, Halls lozenges and Trident gum, three Cadbury brands, make the list of 10 "power" brands getting the bulk of the marketing money in developing markets, said Sanjay Khosla, Kraft's president, developing markets and global categories. They join Oreo cookies, Milka chocolate, Lacta chocolate, Jacobs coffee, Tan...


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Hershey's India JV launches chocolate products

Posted by Turgut Ziyal on Friday, June 11, 2010, In : confectionery 

Hrshey's Indian joint venture Godrej Hershey is reported to be introducing chocolate products into Indian confectionery market. The JV was established in 2007, and it was focused on mainly food and sugar confectionery products in India.Hershey holds 51% of the joint venture.  The JV has already introduced a chocolate syrup into the Indian market from Hershey's portfolio.

According to Euromonitor reports that the growing Asian economies and rising consumer affluence have resulted in consumer...


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Mars opens second chocolate factory in Dubai

Posted by Turgut Ziyal on Friday, June 4, 2010, In : confectionery 

Confectionery giant Mars Inc has opened a US$40m chocolate factory in Dubai.The new facility will produce Mars and Snickers bars for the Gulf markets.

Mars said the investment reflects the company’s “long-term commitment” to the region, with the creation of new jobs and an expansion of local resources. Speaking at the opening, Ahmed Bayoumi, general manager of Mars GCC, said: “We are pleased that consumer demand in the Middle East has and continues to generate opportunities for sta...


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Perfetti van Melle closes a Chupa Chups factory in Spain

Posted by Turgut Ziyal on Friday, June 4, 2010, In : confectionery 
Italian confectioner Perfetti van Melle has decided to close one of  Chupa Chups factories in Spain.Production at the site in Villamayor, which employs 121 staff, will move to a second facility in Sant Esteve Sesrovires, north-west of Barcelona.

"The decision has been taken in order to adapt production capacity to global market demand, forcing the company to rationalise its industrial structure in Spain in order to ensure its competitiveness and thus to maintain production in the country," t...


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NCA released March 21, 2010 IRI Sales estimates for US

Posted by Turgut Ziyal on Monday, May 10, 2010, In : confectionery 

Candy and gum sales posted strong sales for the four week period ending March 21st and continue the positive trend for the first quarter of 2010.  Dollar sales for the fifty-two week period grew 9.3% in Food, Drug and Mass outlets other than Wal-Mart.   Sales for the four week period reached an astounding 10.9% due in part to the Easter holiday selling season.

Again this month, non-chocolate out performed the other categories in the fifty-two week period with 10.5% growth; chocolate was cl...


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Kraft claims positive Q1 results support Cadbury acqusition

Posted by Turgut Ziyal on Monday, May 10, 2010, In : confectionery 
Kraft Foods chairman and CEO Irene Rosenfeld has said that Kraft's first-quarter performance has "reinforced" the company's decision to buy Cadbury.The world's largest confectioner reported first-quarter net income of US$1.88bn for the three months to 31 March, compared with net income of $660m a year earlier.Sales rose 26% to $11.3bn thanks to the first contributions from the Cadbury business it acquired earlier this year.The combined companies' organic net revenues rose 3.9%, reflecting 3.3...
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Hershey considers acquisitions for expansion

Posted by Turgut Ziyal on Monday, May 10, 2010, In : confectionery 

US chocolate manufacturer, Hershey, said it is still open to international expansion and it claims acquisitions will be made easier by the fact that the global chocolate markets are still fragmented. Hershey CEO Mr.David West stated, at the manufacturer’s annual general meeting  that the company still sees opportunity to grow abroad due to recent consolidation in the sector. Industry analysts claimed Hershey would face a tougher global competitive environment following Kraft’s recent acqu...


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Sugar Confectionery booms in China

Posted by Turgut Ziyal on Monday, May 3, 2010, In : confectionery 

Products such as confectionery, biscuits and juice products are experiencing double-digit growth in China and this consumer demand fuels an increase in the country’s sugar imports, according to a US Department of Agriculture (USDA) report. According to this report China's sugar imports, traditionally around the one million tonnes mark, are forecast to rise to 1. 5 million tonnes in 2010-11.

China’s economy has grown fast in the last few decades, and the food and drink sector has seen a b...


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Kraft maintains non-Wedel business in Poland

Posted by Turgut Ziyal on Wednesday, April 14, 2010, In : confectionery 

Kraft made clarification on selling Polish business to comply with the EU rule. A company spoesman has said that the plan is to divest only Wedel branded business. All non-Wedel branded sugar confectionery and gum business will be retained in Kraft according to this declaration.


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Kraft divests Cadbury's Polish and Romanian chocolate businesses

Posted by Turgut Ziyal on Monday, April 12, 2010, In : confectionery 
Kraft, has recruited the services of HSBC and BNP Paribas to help divest it of the Polish and Romanian businesses of Cadbury, according to media reports.

The European Commission gave Kraft clearance in January for the acquisition of Cadbury with the condition that Kraft would have to sell the Romanian and Polish businesses of Cadbury to a third party as the takeover would cause competition concerns in those particular confectionery markets. Kraft’s major brands in Europe are Milka, Cote d...


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Innovative sampling from Perfetti Van Melle India

Posted by Turgut Ziyal on Monday, April 12, 2010, In : confectionery 

Dutch-Italian confectioner Perfetti Van Melle has developed an innovative way of distributing 200,000 samples of its Mangofillz confectionery in Mumbai: hiring traditional lunch deliverers – the famous ‘Dabbawalas’ – to hand them out.

Nikhil Sharma, Perfetti India's senior controller, marketing, said: “Dabbawalas pretty much play the role of the shopkeepers. We made a tie-up with their association, and have the samples of our new product distributed through their network against ...


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Lindt suffers from decreasing profits

Posted by Turgut Ziyal on Wednesday, March 17, 2010, In : confectionery 
Lindt & Sprüngli revealed that its 2009 fiscal year  profits dropped by 35.4% as the economic downturn hit demand for its premium chocolate products. Lindt says that the global economic crisis caused the chocolate market have decline in sales for the first time in ten years. Price conscious consumers also increasingly looked to private label products, Lindt also mentions that the currency fluctuations and higher cocoa prices reduced their profitability.

Looking to the coming year, Lindt fore...

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In the USA, Gum and mint sales grow even in recession!

Posted by Turgut Ziyal on Wednesday, March 17, 2010, In : confectionery 

The gum, mints and breath fresheners market has seen sales increase over 10% since 2007 in the US, despite the recession, according to a research from Mintel. Mintel expects this growth rate to continue through 2014. According to this reaseach, the main reason behind this recession proof  characteriscis of gum and mint is their low price point and consumers' wish to have  a reward for himself or herself without spending so much.

Mintel also concludes that  innovative packaging and unique flavo...


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Turkey's Yildiz Holding Says May Hold IPO for Some Units

Posted by Turgut Ziyal on Friday, March 12, 2010, In : confectionery 
Turkish group Yildiz Holding, owner of food company Ulker and chocolatier Godiva, may hold IPOs for some of its units, the head of the company's investment and business development department said on Thursday. Each unit of Yildiz Holding has an IPO strategy and it would not be a surprise if some of them start an IPO process in coming days, Zeki Ziya Sozen told a news conference.

A statement released before the company's annual performance assessment meeting said food activities created 8.8 b...


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Product Localization: Kitkat strategy in Japan

Posted by Turgut Ziyal on Wednesday, March 10, 2010, In : confectionery 
Western companies have succesful trials for product localizations for entering to markets like Japan. Pepsi with cucumber flavored soft drink or McDonalds with Filet-O-Shrimp burgers are good examples.

Another good example for product localization is being executed for KitKat by Nestle again in Japan. Being a well known brand as a chocolate, Kitkat now has  19 local flavors  originating from different parts of Japan, from miso to soybean these tastes serve to the regional palate.

Read the detai...
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Mars sponsors Scotland Football Association

Posted by Turgut Ziyal on Wednesday, March 10, 2010, In : confectionery 
Mars Inc has signed a four-year sponsorship deal with the Scottish Football Association in a bid to encourage more adults to play football in Scotland.

The move follows a deal with Mars and the English FA last year and will include media partnerships with The Sun in Scotland and its existing relationship with Talksport. As part of the deal, Mars will become an ‘official partner’ to Scotland until July 2014. The focus of the relationship will be to work with the Scottish FA to encourage foo...

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Easter brings new products: Hershey introduced new bunnies!

Posted by Turgut Ziyal on Wednesday, March 10, 2010, In : confectionery 

US chocolatier Hershey has launched new chocolate gifts for the Easter period.

The Hershey range includes three varieties of chocolate bunnies; a 5oz Hershey’s Solid Milk Chocolate Princess Bunny, Hershey’s Cookies ‘n’ Crème Bunnies and Hershey’s Bliss Milk Chocolate Bunnies with a Meltaway Centre.

A Cadbury range, for which Hershey holds the US licence, includes; Cadbury Clucking Bunny Plush Toy with a Cadbury Crème Egg, Cadbury Mini Eggs Candy and Cadbury Caramel Eggs.

In addition,...


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Kraft handed over Europe to Cadbury's UK Managing Director

Posted by Turgut Ziyal on Friday, March 5, 2010, In : confectionery 
Mr.Trevor Bond, Cadbury’s UK managing director, has been handed a new role overseeing Kraft Foods’ European businesses.

Mr.Bond is promoted to president (markets) of Kraft Europe, giving him responsibility for the group’s individual national business units.Kraft’s UK and Ireland MD, Mr.Nick Bunker, takes over the combined UK business of Kraft and Cadbury. They will both report to Kraft European president Mr.Mike Clarke.

Mr.Clarke said retaining Bond reflected the “‘best of both...


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"Investment funds push cocoa prices up" complains BDSI of Germany

Posted by Turgut Ziyal on Friday, March 5, 2010, In : confectionery 

Investment funds buying of cocoa futures are forcing cocoa prices up and damaging chocolate makers, the association of German confectionery producers BDSI said on Thursday. "The BDSI condemns the speculative investment by banks and funds in agricultural commodities which the food industry needs for its production," the association said in a statement. "While this commodity is currently at its most expensive level in 30 years, the price competition in German retailing makes it difficult to pas...


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Nestle consolidates Russian chocolate business

Posted by Turgut Ziyal on Friday, March 5, 2010, In : confectionery 

Nestle consolidates its Russian chocolate operations. The company will transfer production of its Komilfo and Ruzanna brands, which are currently manufactured in the Ruza district of the Moscow region, to the company’s Perm and Samara chocolate factories.  Upon the completion of this project, the Samara’s factory will become one of Nestle's largest chocolate factories. . 

Nestle acquired the Komilfo and Ruzanna brands and Ruza confectionery factory in November 2007.

Source: just-food.com

...


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US consumer keep consuming chocolate during recession

Posted by Turgut Ziyal on Thursday, February 18, 2010, In : confectionery 
Despite the gloom of the recession that enveloped USA last year, with its impact still being felt, U.S. consumers haven’t given up on chocolate, even as they cut back on other frills and took steps to curtail spending in virtually every way possible, according to a study conducted by Mintel.

“Chocolate kept selling through the recession; people kept buying chocolate and eating chocolate,” says Marcia Mogelonsky, senior food and drink analyst at Chicago-based market research company Minte...
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Kraft revealed positive Q4 results

Posted by Turgut Ziyal on Wednesday, February 17, 2010, In : confectionery 
Kraft Foods saw profits more than treble in the final quarter of last year. Profits for the three months to 31 December rose to $710m (£453m), up from $178m for the equivalent period in 2008.

Sales for the period grew by just over 3% to $11bn, but improved by just 0.4% on a like-for-like basis. Overall sales for the year fell nearly 4% to $40.4bn, which the company blamed on fluctuations in currency.

CEO Ms.Irene Rosenfeld labelled the performance “a strong finish to our three-year turnaroun...
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Swiss chocolate sales drop

Posted by Turgut Ziyal on Tuesday, February 16, 2010, In : confectionery 
Swiss chocolate manufacturers faced sales declines in 2009 spread equally across domestic and export markets, according to Chocosuisse. In a year-to-year comparison, sales revenue dropped 6.4 percent for Chocosuisse, the 18-member association of Swiss chocolate manufacturers. Domestic sales fell 6.9 percent from the previous year while chocolate imported to the country rose 2.7 percent.

Chocosuisse reports it was not able to grow its export business, which it partially attributes to the lowe...


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Kraft acquisition will drive cocoa consolidation

Posted by Turgut Ziyal on Friday, February 12, 2010, In : confectionery 

Kraft Foods' purchase of Cadbury is likely to have repercussions throughout the cocoa supply chain as a newly created chocolate giant seeks to drive down costs. The new company will be the top player in the chocolate and confectionery industry by revenue, overtaking Mars-Wrigley. Accordingly, traders and analysts expect it to use its increased clout to achieve promised cost savings. The U.S. food group has targeted annual cost savings of at least $675 million a year.

Cocoa futures on ICE rose ...


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Finnish Raiso acquires Glisten of UK

Posted by Turgut Ziyal on Friday, February 12, 2010, In : confectionery 
Finnish food group Raisio, who owns the Benecol brand, has made a EUR 22.8m (US$ 31.4m) bid to acquire UK snack manufacturer Glisten. The offer values Glisten at EUR1.61 a share, which equates to around 62% more than the UK firm's share price when the market closed yesterday on 9 February. A meeting of Glisten shareholders to vote on the bid will be held on 12 March.

Glisten CEO Paul Simmonds said merging with Raisio will be "the right path for the business to take now.The fit in terms of am...


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Candy Industry Magazine published top 100 list

Posted by Turgut Ziyal on Wednesday, February 10, 2010, In : confectionery 
Candy Industry Magazine has published the top 100 list for the confectionery manufacturers in its February issue. At the top of the list stays Mars Inc, followed by Nestlé, Ferrero, Cadbury and Kraft. Of course if this list to be compiled after the Kraft-Cadbury deal the top player would be the Kraft. The top 15 players are these:

1-   Mars Inc., USA
2-   Nestlé SA, Switzerland
3-   Ferrero Group, Italy
4-   Cadbury PLC, UK
5-   Kraft Foods Co., USA
6-   The Hershey Co., USA
7-   Perfetti Van Mell...
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Kraft confirms closure of Cadbury's Somerdale factory

Posted by Turgut Ziyal on Wednesday, February 10, 2010, In : confectionery 
Kraft Foods  confirmed that it will push ahead with Cadbury's plans to close the Somerdale manufacturing facility in Keynsham, near Bristol. Cadbury had planned to close the Somerdale site and move production to Poland in a bid to cut costs. However, prior to Kraft's takeover of the UK confectioner, it indicated that it hoped to keep Somerdale open. Nevertheless, a week after securing shareholder approval for its acquisition, Kraft said that “extensive talks” with “senior management” ...
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Hershey posts full year net sales increase 3.2%

Posted by Turgut Ziyal on Wednesday, February 10, 2010, In : confectionery 

The Hershey Company today announced sales and earnings for the fourth quarter ended December 31, 2009. Consolidated net sales were $1,407,336,000 compared with $1,377,380,000 for the fourth quarter of 2008. Reported net income for the fourth quarter of 2009 was $126,779,000 or $0.55 per share-diluted, compared with $82,155,000 or $0.36 per share-diluted for the comparable period of 2008.
For the full year 2009, consolidated net sales were $5,298,668,000 compared with $5,132,768,000 in 2008, a...


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Will Nestlé go after Hershey?

Posted by Turgut Ziyal on Thursday, January 28, 2010, In : confectionery 
As always said, the expected Kraft-Cadbury deal will trigger further changes in the confectionery world. One of such speculations is that Swiss food group Nestlé is likely to set itself a long-term goal to buy Hershey , hoping that market pressures after the Kraft-Cadbury deal will wear down opposition from the controlling Hershey Trust.

It is argued that after Kraft and Cadbury merge, Hershey's main U.S. market will become more competitive and as being  a pure confectionery player, Hershey...


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Iconic brand GODIVA expands faster under new ownership

Posted by Turgut Ziyal on Wednesday, January 27, 2010, In : confectionery 
Since its acquisition by Turkish food manufacturer Yildiz Holding, Godiva Chocolatier has expanded its reach into new distribution channels and markets through premium product innovations featuring its upscale Belgian chocolate. Yildiz Holding, parent company of the privately held Turkish food manufacturer The Ülker Group, had purchased Godiva from Campbell Soup Co. in early 2008 for $850 million.

The acquisition has enabled Godiva to aspire to its full potential, CEO Jim Goldman says, than...

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Lindt reports sales drop

Posted by Turgut Ziyal on Friday, January 22, 2010, In : confectionery 
Although Lindt & Sprngli AG experienced 2.3 percent organic growth and expanded its market share in 2009, the Swiss chocolate maker says its 1.9 percent drop in annual sales is indicative of the still-difficult market conditions for premium chocolate. “In view of the challenging situation for premium and luxury products,” read a statement from the company, “this sales growth is a satisfactory result.”

In the U.S., sales demonstrated “above-average development especially in the sec...


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Callebaut reports increase in sales despite declining chocolate market

Posted by Turgut Ziyal on Friday, January 15, 2010, In : confectionery 

The Swiss industrial chocolate manufacturer Callebaut reported a 7.2 per cent increase in sales volumes in the three months prior to 30 November 2009, to 362,973 metric tonnes. Sales in local currencies were up 6.3 per cent, but 1.5 per cent in its reporting currency, to CHF 1,429.1.

CEO Juergen Steinemann  expects the company will continue to outperform the market, based on its growth strategy and order book. Barry Callebaut’s three year growth targets through to 2011/12 are for an avera...


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Nestlé is Confident of its Leading Position in Confectionery

Posted by Turgut Ziyal on Monday, January 11, 2010, In : confectionery 
Nestle has said its confectionery business has “sufficient size and scale” to allow the company to compete in the sector even if Kraft Foods succeeds in its bid for Cadbury. Speaking to analysts, CFO Jim Singh said Nestle could perform “competitively across the world” in confectionery. “We have 152 products representing 77 brands, that are either number one or number two in their market," Singh said. "So, when you look at our business, we believe we have sufficient size and scale in...
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News about Nestlé

Posted by Turgut Ziyal on Tuesday, January 5, 2010, In : confectionery 

Nestlé  announced  yesterday that pharmaceuticals group Novartis had exercised its call option to buy a 52% stake in Alcon for around US$28bn in cash. Novartis has bought 25% of Alcon in April 2008 for $10.4bn and plans to buy the remaining 23% of the business, offering investors a 12% premium if they agree to exchange their Alcon shares for Novartis ones. The move will cost around $11.2bn

Nestle has also confirmed that it plans to invest GBP15m (US$24.2m) over the next three years to upgrade...


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Cocoa prices keep rising!

Posted by Turgut Ziyal on Friday, December 11, 2009, In : confectionery 

On last Monday, cocoa futures climbed to the highest level since 1985 in London, boosted by speculation that supplies from the world's leading producer Ivory Coast may start to dwindle soon as disease is affecting yields there.

London's March cocoa rose about one per cent, to a peak of £2,249 a tonne. It was similar in New York where the benchmark March cocoa contract crept up $2 to finish at $3,378 per tonne, according to the International Cocoa Organisation (ICCO).

Cocoa production in ...


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Nestlé will make Kitkat "fair trade certified" in UK

Posted by Turgut Ziyal on Monday, December 7, 2009, In : confectionery 
Nestlé has followed in the footsteps of Cadbury by announcing its flagship Kit Kat chocolate brand will be certified Fairtrade from next year.

The fmcg giant has scored a publicity coup by gaining endorsement from the Archbishop of York, Dr John Sentamu.

“The next step is to make all other produce Fairtrade where possible – in particular my own favourite, the Yorkie,” he said.

“This will depend largely on the Ivory Coast producing the large quantity and quality needed for Nestlé ...


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Barry Callebaut still considers to divest its consumer business

Posted by Turgut Ziyal on Monday, December 7, 2009, In : confectionery 

Barry Callebaut's chief executive said in an interview in a Swiss newspaper that the company still aims to dispose of its consumer chocolate business in 2010 following the failure of an attempt to sell to Spanish food group Natra earlier this year.

Barry Callebaut has taken a strategic decision to exit the consumer chocolate business and focus on its industrial operations. But a plan to sell its consumer interests, including the Alprose and Sarotti brands, to Natra in exchange for a 45-49 pe...


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IRI reports a flat Halloween Candy Sales

Posted by Turgut Ziyal on Wednesday, December 2, 2009, In : confectionery 

IRI reported flat dollar sales for 2009 Halloween candy sales (officially -0.07 percent). However, overall confectionery dollar sales have increased 3.6 percent for the most recent 52-week period.  Halloween candy and gum saw a late spike in sales during the four-week period ending November 1, 2009.  However, sales were soft in the early Halloween selling season this year.  This would be anticipated in light of the continuing difficult economic climate. 

For the most recent 52-week pe...


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Cadbury to boost adspend levels in India

Posted by Turgut Ziyal on Monday, November 30, 2009, In : confectionery 
Data sourced from Hindu Business Line; additional content by Warc staff,
27 November 2009

Cadbury, the confectionary giant, plans to greatly increase its advertising expenditure levels in India, as it seeks to drive growth in the country.

The UK-based firm posted sales of 1,587 crore rupees in the Asian nation last year, and is aiming to improve its revenue levels there by 20% on an annual basis going forward.

Currently, the typical consumer in the rapidly-developing economy eats just 54 grams ...

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Hershey launches new products for travel retail channel

Posted by Turgut Ziyal on Thursday, November 19, 2009, In : confectionery 

The confectionary giant Hershey has launched a new range of travel retail exclusive products including Hershey’s Kisses, Hershey’s Nuggets chocolates and Reese’s and Hershey's Miniatures.

The conical-shaped Hershey’s Kisses will be packaged in multiple variants designed for formal and informal gifts. Four varieties of the product will be offered in both box and pouch packaging. Hershey’s Nuggets chocolates are now being sold in a travel retail exclusive format initially in one v...


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Godiva Rides in a New Direction

Posted by Turgut Ziyal on Thursday, November 19, 2009, In : confectionery 

At a time when many consumers are drinking tap water rather than bottled water, shopping at Wal-Mart rather than department stores and eating in rather than dining out, a high-end chocolatier is making over its marketing to better fit in with the new mood.

The Godiva brand of chocolate is introducing a campaign that carries the theme “the golden moment.” The campaign, with a budget estimated at $3.5 million to $4 million...


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September Confectionery Sales results for USA

Posted by Turgut Ziyal on Thursday, November 19, 2009, In : confectionery 

Confectionery dollar sales slowed considerably during the four week period ending October 4, 2009.  This is a result of industry price increases that took place in the fall of 2008.  Current sales beginning with the September period are reflecting the comparison of prices against last year’s higher prices.  If you recall, a number of industry price increases took effect in August and September of 2008 due to a run-up in commodity prices which have remained at high levels or are even higher,...


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Kraft's net revenues declined during the 3rd Quarter

Posted by Turgut Ziyal on Wednesday, November 4, 2009, In : confectionery 

Kraft has revealed its 3rd quarter results,  its net revenues declined 5.7 per cent to $9.8bn during the third quarter against the same period last year, reflecting both sluggish demand in the US and Europe and Kraft’s decision to discontinue some of its less profitable businesses. Revenues were also hit by the impact of the stronger dollar on revenues from its overseas businesses. The quarterly results mark Kraft’s fourth consecutive quarterly revenue miss.

Only two of its business uni...


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Nestlé revealed 3rd quarter results...

Posted by Turgut Ziyal on Tuesday, November 3, 2009, In : confectionery 

The Global Food Giant revealed its third quarter results where it reported that the chocolate sector continued to perform well despite the decline in the growth rate in sugar confectionery, it noted that demand was weak in Russia, but many emerging markets, particularly Turkey, India and Chile, delivered strong growth. The group added that its core chocolate brands gained momentum in the US.

The confectionery sector overall recorded sales of CHF 8.2bn (€5.5bn), with nine month sales up ...


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Chewing gum can help to reduce calorie intake and burn up energy, claims a US study

Posted by Turgut Ziyal on Monday, November 2, 2009, In : confectionery 

The study, whereby a researcher based at the University of Rhode Island (URI), evaluated the effects of chewing sugar-free gum on weight management, was supported by a $25,000 research award from the Wrigley Science Institute and reported to the annual meeting of the Obesity Society in the US this week.

According to Kathleen Melanson, associate professor of nutrition and food sciences at URI, nerves in the muscles of the jaw are stimulated by the motion of chewing and send signals to the ap...


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A new maganize and web site for Candy & Snack Retailers

Posted by Turgut Ziyal on Thursday, October 29, 2009, In : confectionery 

NCA announces the debut of a new magazine and Web site designed exclusively to meet the needs of candy and snack retailers and wholesalers

The National Confectioners Association has released the premier issue of Candy & Snack TODAY, a new bi-monthly industry magazine serving as the voice of the industry to the retailer, wholesaler and entire customer community.

Candy & Snack TODAY includes features and columns covering success strategies from key professionals in the confectionery and snac...


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Functional Chocolate

Posted by Turgut Ziyal on Monday, October 26, 2009, In : confectionery 

Confectionerynews.com has published a research about the functional chocolate market. Herebelow I am quoting some basic facts from this research about the size of the market, to read the whole research you can use the links given at the end of this posting:

Chocolate is big business. Market researcher, Euromonitor, puts the market at $100bn and notes the rise of dark and premium chocolate that is boosting the category but remains at little more than a few per cent with the bulk of the growth c...


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Cadbury reports good figures

Posted by Turgut Ziyal on Friday, October 23, 2009, In : confectionery 

Andrew Wood, senior research analyst at Bernstein, maintains that management at the confectionery giant has successfully laid out its hand in its Q3 interim statement, to demonstrate how attractive Cadbury is, both to its own shareholders and to Kraft.

The confectionery manufacturer said that 2009 revenue growth was now expected to be around the middle of its four to six per cent goal range with improved momentum increasing its confidence for good revenue growth in 2010 and 2011.

The resu...


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Cadbury Q3

Posted by Turgut Ziyal on Tuesday, October 20, 2009, In : confectionery 

Preview – Cadbury Q3

19 October 2009| Source: just-food.com

Cadbury, currently under siege from a Kraft takeover bid, is gearing up to deliver one of the most crucial interim management statements in the company's history this week.

Last month, Cadbury's board rejected a GBP10.2bn (US$16.63bn) initial approach from Kraft and the UK confectioner will likely be hoping to deliver a defensive showing when Cadbury unveils its third-quarter numbers on Wednesday (21 October).

Indeed, accordi...


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Kraft may consider to sell Maxell House Brand to finance Cadbury bid!!

Posted by Turgut Ziyal on Tuesday, October 20, 2009, In : confectionery 

Kraft may look to sell its brand Maxwell House to generate a higher offer to Cadbury, the world's second largest confectionery group, claim media reports.

According to the New York Post, the US manufacturer, which has three weeks left to table a formal offer for the UK confectioner, said it was considering a sale of the well know coffee brand to finance an increased bid.

The newspaper added that Kraft, according to sources close to the situation, were in negotiation to sell Maxwell Ho...


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Turgut Ziyal, the owner of this blog, offers consultancy services for the companies planning to enter in the Turkish Food & Beverages market.

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About This Blog:


getfoodnews In this blog I try to compile the news related with food industry. This includes food companies, retailers, ingredients, regulations, mergers&acqusitions and others. In each post I try to designate the source of the news and add a link to the original document. I hope you find it useful. For any comments please feel free to send me an email (turgut@getfoodnews.com). You can post your comments inside the boxes appearing at the end of each posting when clicked the headline.
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