Mondelēz International has announced it has entered into definitive agreements to sell its developed-market gum business in the United States, Canada and Europe to Italian-Dutch company, and European rival, Perfetti Van Melle Group for $1.350bn.
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 world's number one confectionery group ups the stakes in the
gum war with the launch of Trident Sweet Kicks, a mint-flavoured
gum with a chocolate-flavoured liquid centre.
Ingredients suppliers say threats by Sudan's US ambassador to cut
off gum arabic supplies from the country are not serious, and an
embargo would not have a catastrophic effect on the world supply.
Leading US gum manufacturer Wrigley is to launch a new sugar-free
chewing gum with mouth-freshening and long-lasting flavour
properties and designed to target the big-spending teen market.
The world's foremost chewing gum producer, the Wm Wrigley Jr
Company, is set to make inroads into the growing functional
confectionery market with a new gum to combat bad breath.
Widespread procurement and more than 100 years in business help
French hydrocolloid producer Colloides Naturels International (CNI)
assure supplies for gum arabic amid global shortfalls in stock,
writes Lindsey Partos.
Three companies have announced a technology that allows the deposit
gum bases and incorporate gums into candies and lollipops, which is
said to provide new opportunities for the confectionery industry.
Early depletion of African gum stocks have driven up global prices
of gum acacia. US company TIC gums this week passed the price rise
of gum arabic on to the market.
