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Trends > Emerging Markets

Emerging Markets

Emerging Markets

Manufacturers in their swarms are flurrying to emerging markets like Brazil, Russia, China and India to cash in on booming populations that have money to spend. But it isn't a simple 'shift' of business model. Companies must work hard to carefully tailor products and marketing to very different and varied consumer groups.

Dinant’s snacks plant granted HACCP certification

Dinant’s snack plant in San Pedro Sula, Honduras, has received HACCP certification from SCS Global Services food safety auditor.

Scientists decode cereal gene map to tackle climate change

A group of international scientists has decoded the pearl millet genome to discover how the crop survives high temperatures and drought.

Proctor East Africa targets bigger breakfast stake with million-dollar factory

Kenyan food processing company Proctor & Allan East Africa has finalised the Sh2bn ($19m) refurbishment of its factory in Limuru, with an eye of capturing a bigger slice of the...

Lagos Govt introduces Eko Coconut Bread to boost food security in Nigeria

The Lagos State Coconut Development Authority (LASCODA) has developed a bread made from coconuts in an effort to improve food security in the region.

Nigeria producer Sona Agro educates its VIP consumers on biscuit production

Sona Agro Allied Foods, one of Nigeria’s biggest biscuit companies, opened its factory in Ota, Ogun State to students to raise the standards of education in the African country.

Lantmännen Cerealia acquires Russian crispbread producer Orient Products

Finn Crisp maker Lantmännen Cerealia has acquired Orient Products for an undisclosed amount.

Euromonitor: 20 most influential megatrends to shape the world by 2030

Euromonitor International has identified 20 of the most influential megatrends to shape the world by 2030 with analysis on eight megatrends with the furthest-reaching impact on industries and consumers in...

Bimbo Colombia opens $86m bakery facility

Bakery giant Bimbo Colombia has officially opened its second multi-million bakery facility with four production lines in Tenjo, about 20 miles outside of Bogotá.

Shanying Paper International to acquire Nordic Paper

Shanying Paper International has agreed to acquire Nordic Paper, which produces kraft and greaseproof paper for the food and bakery industry.

Egypt ripe for Britannia biscuits expansion

Egypt is among the countries under consideration by Indian snack major Britannia Industries as it seeks to expand its international footprint.

Indian Prataap Snacks plans IPO by October-November

Yellow Diamond potato chip maker Prataap Snacks has announced its initial public offering (IPO) will hit the market in two months as it looks to expand operations and enter new...

Astarta secures $25m loan from EBRD to develop and modernize Ukraine grain sector

Ukraine agricultural conglomerate Astarta Grain has secured a $25m loan from the European Bank for Reconstruction and Development (EBRD) to upgrade its grain and sugar facilities.

Treofan to expand in the Americas and Turkey

Treofan is expanding its biaxially oriented polypropylene (BOPP) film for packaging in the Americas and Turkey.

Half-year results

Want Want China sees rice cracker sales crumble in H1 due to shorter Lunar New Year

The rising cost of raw ingredients and the early arrival of the Chinese New Year in 2017 has taken a toll on Want Want Holdings’ half-year sales, according to the...

Brazilian peanut processor Brumau courts European markets

Brazil’s largest peanut producer and oilseed processing company, Brumau is aiming to expand into Europe.

tna sees ‘immense potential’ in Russia as it opens office in Moscow

tna has opened TNA Eurasia in Moscow to support food manufacturers in Russia, the Baltics and the wider region of CIS  (Commonwealth of Independent States).

India

Britannia announces plans for Maharashtra mega-factory

Indian FMCG major Britannia Industries is planning to build a new plant at a mega food park in Maharashtra.

Ancient grain genome breakthrough advances struggle for food security

A group of international scientists has identified the complex DNA sequence of Wild Emmer, which will open up an unparalleled opportunity to further the development of hardier, more productive strains...

Good Grain Bakery wins listing on Ocado and with Abel & Cole

Good Grain Bakery, a UK organic artisan bakery specialising in gluten-free vegan bread, has been listed by online supermarket Ocado and with organic delivery company Abel & Cole.

EyeSucceed to address food safety issues with wearable technology

NSF International, which partnered with Google to pilot its EyeSucceed Smart Glasses, has been recognized as a ‘Glass Partner’ for food industry applications.

Millennials prefer grain-enhanced chocolate confectionery

Grains such as quinoa, and cereals including corn flakes and rice puffs, are attracting attention globally as an ingredient or flavor in chocolate confectionery but not so much in Germany.

Grupo Bimbo buys East Balt Bakeries to expand global footprint

Grupo Bimbo has acquired East Balt Bakeries from One Equity Partners for $650m to give the Mexican conglomerate entry into eight new countries in Asia, the Middle East and Africa.

Espiga de Ouro US$50m investment could stabilize Mozambique’s bread price

Maputo-based Espiga de Ouro has invested more than US$50m in the country’s biggest industrial facility that could further alleviate the threat of an erratic bread price in Mozambique.

India’s pulse exemption allows Canada to avoid penalties

India has again extended Canada’s exemption on pulse fumigation regulations.

IFT 2017

Asian ingredients and flavors set to grow in US snacks market: Asenzya

Asian flavors will grow in the snack market, but many US consumers are not ready for them yet, corporate executive chef at Asenzya, Dax Schaeffer, told BakeryandSnacks at IFT held...

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