Rev7 makers Revolymer has decided to stop selling branded gum in the US to avoid conflicting with its efforts to license the degradable gum base used in the product to other firms.
US confectioners Farley's & Sathers and the Ferrara Pan Candy Company have reached a deal to merge the two companies to become the Ferrara Candy company.
Inflated US sugar prices are threatening jobs throughout the country’s confectionery industry, warned the National Confectioners Association (NCA) in a letter to the US Department of Agriculture.
Confectioners will probably get away with increasing prices on chocolate bars without significantly denting demand because they are generally low ticket items bought as treats in an area with high brand loyalty, analysts have predicted.
Findings by the US authorities indicating elevated levels of lead in a chewing gum product has led to a recall of the gum by US confectionery firm Candy Dynamics.
Confectioners must continuously innovate to capture a share of the global gums market, as nearly 80 percent of gum purchases are made on impulse, claims a new report from Global Industry Analysts (GIA).
Grupo Bimbo has completed its acquisition of Mexican confectionery firm Dulces Vero, a deal that should strengthen its position in the US hispanic confectionery market, according to market analyst Jonathan Thomas.
Indian joint venture Godrej Hershey is reported to be introducing chocolate products into amdist strong competition from dominant players such as Cadbury and Nestlé.
It’s a sticky issue that just won’t go away. There are sugar-free, tooth whitening and nicotine added versions but none from leading makers, as yet, that are dissolvable in rain.
The US Department of Agriculture (USDA) has said it will increase sugar quotas by 200,000 short tons in order to relieve supply pressure, but candy makers are still calling for more.
Flavour complexity, artisanship and nostalgia are the overarching consumer trends driving innovation shifts in the US confectionery market, claims an industry overview.
The National Confectioners Association has responded to a policy statement from the American Academy of Pediatrics last week suggesting warning labels and even redesign for foods that pose a high choking hazard.
Kraft has mismanaged its Cadbury takeover attempt but is still the favorite to get the deal done, according to Andrew Wood, senior research analyst at Sanford Bernstein.
Symrise has introduced a new line of synthetic mint flavors that it says offer a cost effective and market stable alternative to more expensive mint oils.
The owner of the confectionary company Chocolove has joined an expert taste panel to identify the unique flavors of different cocoa plants as part of a preservation project which could see old varieties of cocoa re-introduced to the market.
The seemingly opposing trends of health and indulgence will
dominate the confectionery market over the next few years, and
manufacturers who do not target both risk losing market share, says
a new report.
Kerry Group is in negotiations over the sale of its fruit
ingredients division, with a possible bidder rumoured to be Swedish
private equity company Industri Kapital.
Halloween is one of the top holiday in terms of volume
sales for confectioners, as consumers will spend more than $2.1bn
(€1.5bn) on chocolate and sweets later this month in the US alone,
states a new report.
The results of a consumer survey on healthy chocolate suggests that
the substance once considered solely as a sweet confectionery item
has made huge strides towards the realm of health foods.
Wrigley will be expanding its Chattanooga factory to accommodate
the production of Altoid mints, which will be transferred to the US
from Wales, the leading confectionery company announced on Monday.
Despite some of the best-known confectionary brands leaving the
area, Chicago still deserves its 'candy capital' epithet, according
to Food Chicago's Candy Institute.
Cadbury Schweppes unit will recruit the brains of flavour
technologists at Senomyx through a new agreement to develop cutting
edge flavour ingredients to beat the competition in gum
confectionery, reports Lindsey Partos.
Barry Callebaut, the world's top supplier of industrial chocolate
to the confectionery industry, has delivered strong profit for the
year, boosted by the integration of recently acquired US
confectionery firm Brach's and...
UK confectionery firm Glisten Confectionery has gained a stronger
foothold at the higher end of the confectionery market after food
ingredients business Kiril Mischeff sold its House of York toffee
brand to the Blackburn-based firm.
