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Indonesia - Sweet and sour of confectionery sector

Indonesia's confectionery sector is predicted to grow in a big way. By 2018 it is forecast to be worth US$2.6bn up from US$1.37bn in 2013. B...

Update: Integration focus for Barry Callebaut

Barry Callebaut plans to focus more on integrating recent acquisitions and supply deals this year than buying businesses or striking more su...

Indonesia - Sweet and sour of confectionery sector

Hannah Abdulla | 1 Oct 2015

Indonesia's confectionery sector is predicted to grow in a big way. By 2018 it is forecast to be worth US$2.6bn up from US$1.37bn in 2013. But with local players dominating the scene thanks to their knowledge of local tastes and the ability to offer cheaper options, international players looking to get in on the action may struggle. Hannah Abdulla explores

Review: Commodity swings remain part of landscape

Katy Askew | 18 Dec 2012

Volatility in global commodity markets remained a significant factor for the food industry during 2012. On the one hand, adverse weather conditions hit grain harvests causing prices to spike, while on the other, over-supply has meant cocoa and sugar prices have continued to fall. Katy Askew takes a look at some of the major developments on the commodities markets over the past 12 months.

Latest Interviews

just the answer: Barry Callebaut

Michelle Russell | 31 Jan 2013

Since selling its consumer units over the last few years, business-to-business chocolate maker Barry Callebaut has been treading a new path focused on its "core" business with industrial and artisanal customers. Michelle Russell caught up with Barry Callebaut marketing director for Western Europe, Sofie De Lathouwer at this year's ISM confectionery show in Cologne to find out more about its strategy for growth.

Latest News

Industry news of week - Nomad Foods, Kellogg

Dean Best | 21 Aug 2015

Acquisitive Nomad Foods, which has snapped up one frozen food business in Europe and is set to buy another, this week confirmed it is eyeing possible deals in the sector in the US. Meanwhile, in emerging markets, Hershey is to go it alone in Brazil and Kellogg is to invest in R&D in India.

Food industry quotes of week: Emmi, Petra Foods

Hannah Abdulla | 21 Aug 2015

This week, Emmi reported a rise in first half profits on the back of stronger margins while Petra's profit suffered as a result of a slowing economy in Indonesia. We also took a look at what the easing of trade sanctions in Iran could mean for international food makers. Here is the week in quotes.

Petra cites slowing Indonesia for profit drop

Dean Best | 17 Aug 2015

Petra Foods, the Singapore-based confectioner, has pointed to the slowdown in Indonesia, its largest market, after profits fell in the first half of the year.

Petra exits Singapore distribution business

Katy Askew | 11 Jun 2015

Petra Foods has said it will exit its loss-making Singapore distribution business to focus on “key markets”.

Food industry results in brief: TreeHouse, Petra

Katy Askew | 11 May 2015

TreeHouse Foods first quarter sales surged – but the US food group cut its forecast for annual earnings. Inventure Foods revealed the devastating impact of the listeria recall. Meanwhile, Petra Foods commented on the slowdown in the Indonesian economy and weaker consumer sentiment. Here is just-food's weekly results round-up.

Food industry quotes of the week

Hannah Abdulla | 5 Dec 2014

This week, Nestle lost a trademark infringement case in Singapore over its Kit Kat product. Arla Foods pulled out of the race to acquire Arab Dairy and Unilever decided to separate its ailing spreads business into a stand-alone unit. India hit the headlines frequently, with Britannia Industries "pioneering" the online exclusive launch of its new biscuit product before it hits traditional stores, and with Fererro re-thinking its plans for its business in the country.

Nestle loses Kit-Kat copycat case vs Petra

Hannah Abdulla | 2 Dec 2014

Nestle has lost a case against Petra Foods in Singapore alleging the local confectioner's Take It chocolate wafer product infringed its intellectual property rights.

Petra Foods remains upbeat as earnings fall

Katy Askew | 12 Nov 2014

Singapore-listed Petra Foods reported lower earnings from its consumer foods business in the third quarter as sales slipped and costs rose.

Forex weighs but Petra points to underlying growth

Dean Best | 14 Aug 2014

Singapore-based confectioner Petra Foods has booked a fall in half-year profits thanks to currency fluctuation, although it said underlying earnings were higher.

Barry Callebaut "mulls Zaandam closure"

Hannah Abdulla | 13 Jun 2014

Chocolate make Barry Callebaut is reportedly planning the closure of its Zaandam office in the Netherlands.

Petra posts loss in Q1

Hannah Abdulla | 8 May 2014

Petra Foods has suffered a net loss for the first quarter of 2014.

Barry Callebaut boosted by cocoa acquisition

Katy Askew | 3 Apr 2014

Barry Callebaut has booked an increase in first-half sales and earnings, boosted by the contribution of the cocoa business it acquired from Petra Foods last year.

Brand building drives Petra FY growth

Katy Askew | 27 Feb 2014

Singapore-based confectioner Petra Foods attributed increases in full-year sales and earnings at its consumer foods business to investment behind its brands.

Nestle to defend South Africa Kit Kat TM

Katy Askew | 7 Feb 2014

Nestle is taking legal action defend its Kit Kat trade mark from alleged violations by IFFCO's Tiffany Break brand in South Africa.

Barry Callebaut, Petra row goes to arbitration

Dean Best | 17 Dec 2013

Singapore-based confectioner Petra Foods has taken its M&A dispute with Barry Callebaut to arbitration.

Consumer-focused Petra upbeat after Q3 results

Michelle Russell | 13 Nov 2013

Petra Foods, the Singapore confectioner, has reported higher third-quarter profits as it starts life as a consumer-facing business after selling its cocoa ingredients arm.

Barry Callebaut FY earnings slide

Michelle Russell | 7 Nov 2013

Business-to-business chocolate giant Barry Callebaut today (7 November) revealed a drop in earnings in its full-year but reaffirmed its mid-term financial targets.

Barry Callebaut, Petra in dispute over takeover

Dean Best | 23 Oct 2013

Barry Callebaut and Petra Foods are in a row over the price the Swiss chocolate giant wants to pay for the Singapore chocolate firm's cocoa business.

Cargill "in final stages" of ADM cocoa deal

Michelle Russell | 2 Oct 2013

US agribusiness giant Cargill is reported to be close to securing a deal to acquire Archer Daniels Midland's cocoa business.

Barry Callebaut JV opens Indonesia cocoa facility

Dean Best | 3 Sep 2013

Barry Callebaut has opened a cocoa facility in Indonesia through its venture with local exporter P.T. Comextra Majora.

Petra Foods looks to "seize growth" in Asia candy

Dean Best | 15 Aug 2013

The CEO of Petra Foods has insisted the Singapore-based confectioner is in "an ideal position" to capitalise on opportunities in Asia in the wake of the sale of its cocoa ingredients arm to Barry Callebaut.

Barry Callebaut volumes beat market forecasts

Dean Best | 4 Jul 2013

B2B chocolate giant Barry Callebaut today (4 July) reported an 8% increase in sales volumes for the first nine months of its financial year, with growth, it said, across all regions.

Cargill coy over "interest" in ADM cocoa business

Michelle Russell | 3 Jul 2013

US agribusiness giant Cargill has remained coy over reports it is exploring the possibility of buying Archer Daniels Midland's cocoa business.

ADM confirms talks over cocoa unit sale

Katy Askew | 21 Jun 2013

US agri-giant Archer Daniels Midland has confirmed it is in talks over a potential sale of its cocoa business.

Improved sales, margins boost Petra Q1

Dean Best | 16 May 2013

Singapore-based confectioner Petra Foods today (16 May) reported higher underlying first-quarter profits thanks to improved sales and margins from what is now its core consumer products business.

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