Latest food news & analysis in Emerging Markets
The growing urban lifestyle of Thai consumers has been driving demand for packaged convenient food. Convenience stores are gaining in import...
As the Thai economy shifts away from being agricultural- to more skilled-based, as well as industry-and-commerce-focused, many consumers are...
Gluten-free has a well-established presence in the markets of western Europe, notably Italy, Germany and the UK, but the sector is rapidly g...
The Gulf is emerging as one to watch for the gluten-free sector. In just-food's series of spotlights on the next five markets manufacturers...
Mondelez International's top-line performance in China has been patchy since the US snacks giant was established four years ago. Biscuits has been Mondelez's main business in China and challenges in the category meant, for example, the Oreo maker saw its sales in the country fall in 2014. A recovery from Mondelez's biscuit arm in China, plus growth from its chewing gum stable, helped the company's sales grow in 2015 - but sales fell in the first six months of this year. Speaking to just-food after announcing a significant push into China's chocolate market, Stephen Maher, the president of Mondelez's business in the country, discusses how he sees the prospects for the company in the market.
China is central to Mondelez International's growth strategy but it has not always been an easy ride for the snacks giant since its formation in October 2012. However, the US company is confident about its prospects in the country and signalled its optimism with the launch of European chocolate brand Milka in August. Dean Best spoke to Stephen Maher, the president of Mondelez's business in China, to find out more.
Swiss dairy and infant nutrition group Hochdorf has signed a contract to acquire a controlling stake in local African formula manufacturer Pharmalys Laboratories.
Mexican dairy group Grupo Lala has booked a 12.5% increase in net sales for the third quarter of 2016, with performance bolstered by a 6.5% rise in "organic growth driven by commercial and sales strategies".
Mexican baker Gruma booked an increase in third-quarter sales and earnings, with sales growth supported by currency exchange, price increases and volume growth.
Australian cereal maker Sanitarium has announced that its Weet-Bix breakfast cereal product is being relaunched in China under the name Nutri-Brex.
New Zealand dairy giant Fonterra is reportedly conducting an internal review after reports that Chinese police had arrested 19 people in Shanghai on suspicion of selling around 300 tonnes of the company's expired milk powder.
Egyptian dairy group Juhayna Food Industries reported a drop in earnings, which were hit by forex, despite posting revenue growth during the first nine months of the year.
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