US Chocolate giant Hershey has entered a sales and marketing partnership with Asian expansion group DKSH to help raise its profile in the emerging Malaysian market.
German confectioners are uneasy about their prospects in 2012 as EU sugar prices threaten financial results, according to a survey from German confectionery association BDSI.
A new, larger integrated baking facility will enable food giant, Cargill, to cope with increased demands for speciality, complex bakery products, it said.
The firm behind a novel fiber claimed to reduce oxidized LDL cholesterol - an emerging risk factor for heart disease - is in talks with bakers about using it in everything from muffins to cookies after tests revealed it can also extend shelf-life.
Market expansion group DKSH has announced plans to open its second innovation centre in Mumbai, India to help companies introduce confectionery and bakery products tailored to the Indian market.
Worldwide sugar prices have fallen in the second quarter (Q2) of 2012 as the market is projected to record a surplus for the next two seasons, according to Rabobank International.
Baker’s Pride, Inc., a commercial bakery and manufacturer of private label and proprietary baked products, is building a 65,000-square-foot donut facility at its Mount Pleasant Street Bakery.
Annie's, a producer of natural and organic food in the US, has reported 17% increase in sales to $43m in the fourth quarter of fiscal year ended March 31, 2012.
Kraft Foods delivered a “higher rate of revenue from new products last year than at any time in recent memory” revealed bosses as they reassured stakeholders that both businesses will have “world-class innovation organizations on day one” after it breaks
After stabilizing the business and strengthening the balance sheet in recent years, Winston-Salem, N.C.-based Krispy Kreme Doughnuts, Inc. now is focused on improving its understanding of what consumers want.
A C$125 million writedown related to the company’s struggling bakery division led to a fourth-quarter loss and lower year-over-year earnings at Saputo, Inc.
Brazilian firms BRF Brasil Foods and Marfrig have announced they have initiated the exchange of assets, in compliance with Brazil's antitrust authority Cade and the agreement signed between the two companies in March 2012.
Australian manufacturers have been busy innovating to keep the chocolate and confectionery market afloat amid tough economic times, volatile commodity prices and import competition, a report shows.
The European Commission has passed a regulation permitting the use of a food additive commonly used in beverages to print celebratory messages on hard confectionery after a request from Mars Chocolate UK.
