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.
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.
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
The article 24 of the regulation (EC) no. 1333/2008, which applies as of 20 July, requires that products containing the disputed “Southampton colours” need to bear a warning label “may have an adverse effect on activity and attention in children”.