Nestlé has officially opened a £1 million extension to its simulated shopping centre in the UK. The Insight and Learning Centre is one of a worldwide series of centres established to provide retailers with the strategic insight to optimise their sales while growing Nestlé’s range of products in stores.
Combining consumer and shopper research with digital technology, the centres are used to demonstrate how people behave when shopping and when using Nestlé products at home. The York cent... Continue reading ...
The Istanbul Consulting Company prepares exclusive reports on many categories of Turkish Food and Beverages Industry. These reports cover market metrics, market shares and distributions, competition and competitive portfolio, regulatory environment, opportunities and threats for newcomers. The managing partner of The Istanbul Consulting Company Turgut Ziyal is a veteran of Turkish Food Industry with 25 years of experience as senior executive in various multinational companies in Turkey. Turgu... Continue reading ...
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 ... Continue reading ...
Posted by Turgut Ziyal on Tuesday, December 28, 2010,
We are in the last days of 2010...let me share with you my evaluations for 2010 and my expectations for 2011:
- In 2010 commodity prices continued to increase due to speculative transactions from futures markets and due to political problems in supplying countries. We may expect this to continue to be a problem in 2011. Overall food prices may increase in 2011 due to the rising raw material costs.
- Kraft's take-over of Cadbury was the most important M&A action in 2010. Many analysists were ...
Continue reading ...
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... Continue reading ...
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... Continue reading ...
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... Continue reading ...
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... Continue reading ...
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... Continue reading ...
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... Continue reading ...
Confectionery, magazines and soft drinks are the top categories purchased frequently by the most shoppers on an impulse basis, according to a Front-End Focus consumer study.
Of the respondents, 90 percent told researcher Dechert-Hampe & Co. they occasionally purchase items from the checkout, which makes up more than one percent of total store sales.
The study, sponsored by Mars Chocolate North America, The Wm. Wrigley Jr. Co., The Coca-Cola Co. and Time-Warner Retail Sales & Marketing, show... Continue reading ...
Posted by Turgut Ziyal on Tuesday, October 20, 2009,
In :
confectionery
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... Continue reading ...
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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.
The Istanbul Consulting Co.
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About This Blog:
| getfoodnews |
| Turgut@Getfoodnews.Com |
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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