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Confectionery

News headlines

Dateline Southeast Asia

Malaysia: Manufacturer-backed sugar hike rejected by government

Malaysia will not increase the market price of sugar, despite a request to do so from one of the country’s most prominent companies and pressure from consumers’ associations to introduce a de facto sugar tax.

India

Chocolate to fall under FSSAI standards from 2018

Chocolate manufacturers will have to fall in line with the constraints of food safety and standards regulations after India’s health ministry placed all types of chocolate under the regulator’s purview.

Mondelēz invests $2.9m in Cadbury 'Spider' production in Austrailia

Mondelēz Australia has invested around $2.9m in its Hobart, Tasmania, factory to produce two new lines – Cadbury Dark Milk and Cadbury Dairy Milk Marvelous Creations Spider – with new equipment.

Daily chocolate fix reduces heart disease risk in postmenopausal women

Daily consumption of flavanol-rich cocoa reduced arterial stiffness in postmenopausal women – therefore lowering the risk of heart attacks and strokes, a study revealed.

Calbee extends granola production to capture growing health conscious market in Asia

Japanese cereal giant Calbee is increasing its granola production capacity by 40% to capitalize on the growing health trend in Asia.

India ‘defying the odds’ as a fast growing chocolate confectionery market, Mintel

Mintel has revealed India is “defying the odds” as one of the world’s fastest growing chocolate confectionery markets, while the global market posts slow growth in recent years.

Food Vision Asia 2017

Social science: The world's big 'metatrends' define global tastes

Nutritional biochemist and food marketeer Rachel Cheatham looks at five of the biggest global food trends based on her analysis of social media reporting.

News in brief

Emerging markets continue to drive growth for Nestlé and Unilever

Industry giants Nestlé and Unilever report steady sales growth driven by emerging markets for first quarter of 2017 and predict continued growth throughout the year.

FBIF 2017

Chinese millennials: How food and beverage firms can drive sales to younger consumers

Food and beverage manufacturers should shift their focus from items for household consumption to those suitable to be eaten on the go if they want to build brand loyalty among Chinese consumers under the age of 30.

FBIF 2017

Why third and fourth tier cities are crucial for MNC growth: Mondelez China boss

Multinationals striving for growth in China need to better target third and fourth tier cities by improving distribution and building relationships with local retailers.

Australian chocolate consumption on the rise, says Roy Morgan Research

Australians are eating more chocolate bars, blocks and boxed chocolates than in 2013, according to research by Roy Morgan.

Dateline Southeast Asia: Halal

Mindanao eyes US Islamic trade, though it must first tailor standards

The Autonomous Region in Muslim Mindanao’s advance on the global halal market continues as it prepares to sign an agreement with Islamic authorities in America.

Autumn set for ‘world's first’ low-GI bread, sugar, noodle launches

Low-GI bread, sugar and noodles, and salt with a 40% lower sodium content, are each poised to break onto the market this year after years of development by a Malaysian-Australian company that specialises in “groundbreaking” ingredients.

China direct

Barry Callebaut targets China’s premium market with ‘refreshed’ range

Chocolate and cocoa supplier Barry Callebaut has increased its number of product lines available in China after seeing sales of its gourmet range doubling over the last four years.

Japan

Have a break...have a Kit Kat sushi

Japan is known for its love of weird and wacky Kit Kat flavours, but Nestlé might have just taken the biscuit with its sushi version.

tna expands further into confectionery sector with NID acquisition

tna has expanded into the confectionery industry by acquiring NID in Australia, effective from today (March 6, 2017).

Ülker in talks to secure MENA rights for McVitie’s

Ülker Bisküvi Sanayi A.Ş is in talks to acquire rights to McVitie’s products in Middle East and North Africa.

Lotte to face 'severe consequences' if it allows US missile system, warns China

China’s state media outlet Xinhua has urged Lotte to reject a US missile system on a golf course owned by the Korean conglomerate or face "severe consequences".

Hershey and Mars lose China market share to Nestlé and Ferrero

Hershey and Mars have lost market share in China's declining confectionery category to Nestlé and Ferrero, according to Euromonitor Shanghai.

This week Down Under

Junk tax and healthy subsidies would cost nothing and save billions

The Australian treasury could save billions of dollars each year if fruits and vegetables were subsidised and a package of taxes on sugar, salt and saturated fact were introduced.

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