Tag Archives: confectionery

Brazilian confectionery market breaks R$10 billion mark

      Comments Off on Brazilian confectionery market breaks R$10 billion mark

New research from Mintel reveals that the sugar and gum market in Brazil has, for the first time, broken the R$10 billion (€3.8bn) barrier. And it’s a sweet outlook for the future of the sector too, as Mintel forecasts market revenue to grow at a rate of 5% a year, annual growth peaking at 6% in 2014 and 2016, when the World Cup and Olympic Games will take place. Furthermore, by 2017 the market is set to reach a mouthwatering R$14bn (€5.3bn). While value sales continued to grow, volume levels have remained stable, at an average of 260 thousand tonnes a year from 2007 to 2011.

Share

Confectioners hit by egg shortages

      Comments Off on Confectioners hit by egg shortages

Manufacturers throughout Europe are currently experiencing alarming shortages of supplies of eggs and egg products. The situation in terms of availability and price is dire and unprecedented. Eggs are a vital ingredient for Caobisco products, especially for use in production of biscuits and cakes.

Share

Hershey second quarter income falls 35%

      Comments Off on Hershey second quarter income falls 35%

Hershey’s second-quarter net income fell 35% because of charges for restructuring and to write down the value of a joint venture in India. However, revenue still rose as the company sold more in terms of volume on the back of raised advertising spending

Share