SUBSCRIBE

Breaking News on Industrial Baking & Snacks

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.

ABB launches investigation after misappropriation of funds

ABB has launched an investigation after its former treasurer allegedly stole money from its South Korean subsidiary.

Indian snack maker Haldiram’s posts positive 2016 growth

Haldiram’s has announced a 13% revenue growth to reach Rs 4,000 crore (over $600m) in financial year 2016.

JV funding gives Turkish flour producer Ulusoy Un a boost

The European Bank for Reconstruction and Development (EBRD) has partnered with the Industrial Development Bank of Turkey (TSKB) to provide working capital to Ulusoy Un Sanayi Ve Ticaret A.S.

Mondelēz names 2017 ‘Year of Well-being and Innovation’ with launch of Véa snacks

Mondelēz has added savory biscuit brand Véa to its portfolio, targeted at today’s health-conscious millennials.

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"....

Hong Kong’s Swire to double down on Chinese bakery investment

Cathay Pacific’s parent plans to nearly double the size of its retail bakery business by 202, to become one of the biggest bakers in China.

Expert panel established to drive forward India's national fortification plan

The Food Safety and Standards Authority of India (FSSAI) has set up a panel of doctors and research scientists to prepare the final version of its food fortification laws –...

Mondelēz’s Milka brand enters brownies segment, ready to roll out across Europe

Mondelēz-owned Milka has launched its first brownie products in France, and plans to introduce the range across other key EU markets in 2017, according to the company’s Twitter.

Q4 and full-year results

Hershey bets on multi-textural snacking and Chinese e-commerce for growth

Reese’s and Cookie Layer Crunch will be major investment focuses when Hershey’s next CEO Michele Buck takes office in March, 2017, according to the company’s Q4 earnings conference call....

Mondelēz union workers’ leader welcomes demise of TPP decision, remains silent on job loss by automation

The president of the Bakery, Confectionery, Tobacco Workers and Grain Miller’s International Union (BCTGM), David Durkee, has welcomed the demise of the Trans-Pacific Partnership (TPP) as a "significant victory for the...

Ardent Mills joins partners to help feed Africa

The US flour-milling and ingredients company has joined General Mills, Cargill, Royal DSM, Buhler and The Hershey Company in assisting eight African countries to feed themselves.

South Africa Competition Commission halts packaging acquisition

The Competition Commission of South Africa has stopped Corruseal Group acquiring Boxlee and Pride Pak Packaging.

Rice bran cereals could get antioxidant boost from Assam tea fortification

Rice bran cereals can be fortified with Assam tea extract (ATE) to boost its antioxidant properties without sacrificing taste and texture, states a new study.

Dinant snack manufacturer generates electricity from African Palm fruit

Dinant, which produces snacks, cooking oils, processed foods, fruits and vegetables, for Central America, the Dominican Republic and other global exports, has built a biogas plant using waste from the...

Contaminated illegal Nigerian snacks and foodstuffs repeatedly rejected by EU

Numerous Nigerian products, including nuts and seeds used by the snacks and bakery industries, have been refused entry into the EU in the past two years as they’ve been found...

Ishida Europe on how African snack manufacturers can be more competitive

African snack manufacturers need to improve efficiencies by eliminating product giveaway and increase throughput, according to Ishida Europe.

‘A call to arms’: Infant nutrition cereals failing to meet standards in low income countries

An analysis of more than 100 locally-manufactured premixed infant cereals from low and middle income countries, including Indonesia, China and Nepal, has revealed widespread variation in nutritional content, sparking concerns...

What will the top texture trends be in 2017?

In 2016 15% of new food products launched in Europe employed themes concerning texture combinations – often on well-established product types such as yoghurt. FoodNavigator looks at some of the...

Mergers & acquisitions: Innovia, Linde, Duravant, Egli, Saica Group

CCL Industries (CCL) has entered into an agreement to acquire Innovia for approximately $1.13bn, expected to close Q1, 2017.

Exclusive interview

MENA Millennials driving demand for bakery and snacks, says Golden Agri-Resources

The Middle East and North Africa (MENA) is developing a taste for luxury products, especially premium bakery goods, snacks and confectionery.

China’s tiny baked goods category now ripe for foreign investment

Though its baked goods market is 125 times smaller than its counterpart in Europe, China still holds enormous potential for businesses exactly because of this low per-capita consumption.

FAO calls for keeping fingers on the pulse to eradicate food security

As the International Year of Pulses (IYP) draws to an end, the UN’s Food and Agriculture Organization (FAO) reiterated its belief that pulses can contribute to key Sustainable Development Goals....

Gulfood Manufacturing 2016

EXCLUSIVE: Tetra Recart expands globally entering Middle East snack category

Tetra Recart, part of dairy processing and packaging firm Tetra Pak, is strengthening its portfolio of long shelf life food products globally.

Chinese confections and snacks compete for sweeter spot on e-commerce during Double 11

Alibaba, China's largest e-commerce platform, reached record sales of $15bn during Double 11 this year, prompting domestic confectionery and snack brands to step up their web strategies. 

Grain-free likely to lead bakery’s future, Euromonitor

The free-from grains trend is gaining pace as gluten-free becomes a global standard in the bakery industry, wrote Euromonitor’s senior insight analyst Pinar Hosafci.

Key Industry Events

 

Access all events listing

Our events, Shows & Conferences...