Food Stabilizers Market To Grow 4% Annually By 2023

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Chicago — The global food stabilizers market is anticipated to increase 4 percent, compound annually, by 2023, with total sales reaching $2.8 billion, according to MarketsandMarkets Inc. Consumer interest in natural items, increasing demand for customized products by food manufacturers and versatility in food ...
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Nassau Expands Its Customized Products Division

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Hicksville, NY — Nassau Candy Distributors, Inc. is expanding its Brijon Hospitality division, responsible for the company’s customized products. Brijon, acquired by Nassau as part of its acquisition of Lanco in 2017, offers what the company describes as the broadest full-line customization capabilities in North ... Read More »

Mintel 2019 Trends: Elevated Convenience, Healthy Aging

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Chicago — Consumers focusing more on manufacturers sustainability programs, food products influenced by beauty and personal care industries and a premiumization of convenience are among Mintel Group Ltd.’s trends for the coming year. Sustainability is now encompassing the entire product lifecycle, requiring collaboration between suppliers, ... Read More »

Peterbrooke Chocolatier Expanding In Palm Beach

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Palm Beach, FL — The newest Peterbrooke Chocolatier location will open in Palm Beach on November 24, and shoppers will receive a six-ounce pack of the company’s signature chocolate-covered popcorn. Additionally, visitors will have the chance to hand dip treats, make chocolate bark, and sample ... Read More »

Hershey Trust Sells 4.5M Shares Of Hershey Co. Stock

Hershey, PA — Hershey Trust Co. has reached an agreement to sell 4,050,000 shares of The Hershey Co. common stock to Morgan Stanley. An additional 450,000 shares are being sold by the trust to The Hershey Co. The sale does not change the Trust’s majority voting ... Read More »

Pez Names Greenstein Marketing Director

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Orange, CT — Jordan Greenstein has been appointed marketing director for Pez Candy, Inc., and will be responsible for continuing to strengthen and evolve brand affinity, drive innovation and accelerate revenue growth as he oversees marketing, licensing and product development functions, according to the candymaker. ... Read More »

Mobile Quickly Becoming ‘Most Important’ Shopping Tool

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New York — When it comes to smartphones and tablets, 45 percent of U.S. shoppers feel these technologies are “quickly becoming their most important shopping tools,” which is a 16 point jump compared with the year prior, according to a survey by market research company ... Read More »

Adventurous Palates, Food Alternatives Among Innova 2019 Trends

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Arnhem, The Netherlands — Shoppers seeking out bold, ethnic flavors, and continued interest in plant-based protein, and food and ingredient alternatives are expected to impact the candy and snack markets in 2019, according to Innova Market Insights. The market research company highlighted the follow five ... Read More »

Mondelez Calls For Complete Sustainability, Transparency In Palm Oil Supply Chain

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Deerfield, IL — Mondelez International, Inc. is further pushing for its goal of 100 percent sustainability and complete transparency in its palm oil supply chain, challenging suppliers to commit to concession mapping and act faster to eliminate deforestation, according to the CPG company. Concession ... Read More »

Mars Wrigley Accepting Submissions For Chocolate History Research Grants

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Hackettstown, NJ — A total of $50,000 in grant money for chocolate history research is being awarded by Mars Wrigley Confectionery U.S., LLC, as the candymaker has begun accepting submissions for its Forrest E. Mars, Jr. Chocolate History Research Grant. Submission for the grant, which ... Read More »

Female Softball Character Added To Big League Chew Packs

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Akron, NY— Ford Gum & Machine Co., Inc. is expanding its lineup on packs of Big League Chew shredded bubblegum with a softball player-inspired female character. The new character will be featured on packs of the brand’s top-selling flavor, Outta Here Original and available online beginning ... Read More »

Non-Chocolate Market To Grow 2% Through 2023

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Rockville, MD — Between 2018 and 2023, the U.S. non-chocolate market is anticipated to increase 2 percent, according to Packaged Facts, which estimates the sector will grow 3 percent this year to reach $11 billion in total sales. The ability of the segment to ... Read More »

Latest edition of Candy & Snack Today

Candy & Snack TODAY — September/October 2018

In this issue: Discover what is driving sales for the licorice sector, how the premium trend is benefiting chocolate-covered caramels and ways hard candy makers are meeting shifting lifestyle preferences. Other articles include an exclusive look at Mars Wrigley Confectionery U.S., LLC a year after integration, a roundup of items leveraging natural sweeteners, a Q&A with NACS leadership and a summer 2019 product preview.

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