Although hit by the uncertainty of big contract renewal, the
UK-based Tate & Lyle Group has said that it expects profit
before tax in the third quarter of the year to 31 March 2004 to be
in line with expectations.
Regular consumption of the sugar replacer Isomalt appears to have a
prebiotic effect on gut bacteria, according to preliminary findings
of a study being carried out in Germany.
Dutch fine chemcials group DSM is to market creatine directly to
the consumer through Swiss partner Dolder, in a bid to retain its
share of the German sports nutrition market.
Two years after the Russian authorities imposed massive import
duties on confectionery products in a bid to keep out cheap imports
from Ukraine, that country's biggest sweet maker Roshen is about to
take Russia by storm with...
Tough economic conditions have taken their toll on Scandinavian
confectionery group Cloetta Fazer. A contraction in the Swedish
market has resulted in a drop in profit for the third quarter of
2003, which the company has attributed...
German sugar company Suedzucker has announced that its full fiscal
year operating profits will not match last year's results due to
the decline of the global sugar market price and the weak dollar.
Nestlé Rowntree has already got itself into trouble with its Yorkie
chocolate bar featuring the tagline 'Not for Girls' but appears
happy to step on a few more toes with the latest development for
the brand.
The $3 billion market for food bars is expected to more than double
by 2007, largely due to the popularity these items enjoy among US
women, according to 'The US Market for Food Bars'.
Swiss group Barry Callebaut has acquired Brach's in the US.
Combining Brach's with the German unit Stollwerck, acquired in
2002, will give Barry Callebaut annual sales of around €909m.
Unwrapping a Cadbury's Flake can offer female consumers a moment of
pure pleasure in their otherwise hectic days - at least according
to the latest advertising campaign for the brand.
German chocolate sales grew by 3.6 per cent in the first five
months of 2003 as retailers ended their price war and returned to
more normal prices. But volumes rose by less than 1 per cent, and
the exceptionally hot weather in June...
Chocotelegram, an innovative confectionery product allowing
consumers to send personalised messages to their friends and
families is set to hit retail shelves in Europe and the US over the
next few months.
Western Europe's cereal bars market is 'massively underexploited',
according to market research analysts Datamonitor. The report
suggests that this product could be a promising driver of growth
for confectionery makers...
Increased marketing expenditure to back the relaunch of the
flagship McVities brand helped United Biscuits increase its sales
in 2002. But it is the possible future of the company - and the
likelihood of a bid from minority shareholder...
Fairtrade foods, schemes that seek to guarantee farmers in
developing nations a fair deal, are making inroads into the
mainstream, thanks to support from the major supermarkets and
changing consumer concerns, reports market research...
Swiss chocolate manufacturer Barry Callebaut has reported an
increase in pre-tax profits for the 2001/02 year despite a decline
in volumes and higher raw material costs. Nwe product launches at
the premium end of the market have helped...
A six-week on-pack promotion linking Iced Gems with the animated
film The Ice Age is designed to help Jacob's Bakery establish the
brand as a popular lunchbox favourite.
"We have seven production plants on five continents," Ted
Nixon, CEO of US caramel colour company DD Williamson, told
FoodNavigator.com. Based in Kentucky, the company started producing
caramel colours in 1865. Today, it...