Emerging markets: Latest news and analysis articles
It emerged this week that French dairy giant Danone could be preparing to pull its Dumex infant formula brand from Vietnam. It is not yet cl...
Prolonged economic recession, increasing competition and sector-specific challenges such as seasonality confront ice cream makers in Russia....
Embattled Australian milk processor Murray Goulburn reported its full-year results this week. The company, which part-listed on the Australi...
Delivering its first-half numbers yesterday (18 August), Nestle reported a stronger operating performance but a sluggish organic growth rate...
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.
A trade mission by Brazil to several Asian nations is set to generate a potential US$1.5bn to $2bn in trade and investment for the country's food exports business, the country's agriculture minister has announced.
Mondelez International is launching what it describes as a "premium" chocolate brand in India, Cadbury Fuse.
Aquatic Foods Group, the China-based seafood processor, today (28 September) reported a drop in half-year profits on the back of lower sales and rising costs.
Sovereign Food Investments, the South African poultry group that is subject to a takeover bid from local rival Country Bird Holdings, has said it expects to report a loss for the first six months of its financial year amid a spike in raw material prices and the cost of defending itself from the prospect of a sale.
Fonterra has begun work to upgrade its two plants in Malaysia as part of the dairy giant's plan to expand in what is one of its eight "most important global markets".
Egypt-based baked goods group Edita Food Industries today (27 September) named former Heineken executive Sameh Naguib as its new CFO.
US-based WhiteWave Foods has set a date for its shareholders to seal the deal on the planned US$12.5bn takeover of the group by French dairy giant Danone.
Rabobank's annual league table of the world's largest dairy companies has been released - and the data underlines what a challenging market it has been in recent months.
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