Lebanese company Master Chewing Gum & Candies has introduced a gourmet gum brand in unconventional flavors such as mojito as it looks to seize on the Middle East’s changing gum market.
Following a major manufacturing upgrade, Mazola in the Middle East is targeting 25% growth in sales over the next two years, and plans to extend its range of products.
Private equity firm Abraaj Group has acquired a stake in Moroccan chocolate company Kool Food and plans to expand distribution in the Middle East and Africa.
Vita Coco, the top-selling coconut water brand in the US and UK, is now entering the high-potential Middle East beverage market, one of its key executives has revealed.
Malaysia is actively looking at the UAE as a gateway for entering the potentially high value halal markets in North Africa, Middle East and Europe, a top Malaysian government official revealed.
Currently the Middle East represents just over 3% of Brazilian confectionery exports, but potential far exceeds that, according to Brazil's industry trade association.
Low/non-alcoholic beer is the fastest growing beer category of the past five years, with a 7% volume CAGR, although off a low base, according to a Euromonitor International analysis.
The acquisition of the fruit processing and flavour’s unit of Egyptian firm Delta Aromatic will help ingredients giant Döhler Group’s bid to expand into ‘dynamic’ African and Middle Eastern markets, says the firm.
