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CONFECTIONERY INDUSTRY SLOWDOWN
When chocolate turns costly, India picks candy: Local players dent giants like Mars, Mondelez & Hershey amid cocoa price surgeMajor global candy makers saw their slowest India sales in years during FY25. Record cocoa prices forced price increases, pushing shoppers ...- Reliance to bet on affordable FMCG products to tap 60 crore mass consumersReliance Industries is expanding its presence in India's fast-moving consumer goods (FMCG) market by focusing on affordable products for ar...
- Ferrero India posts 12% increase in net sales during year ended August 2024Ferrero India experienced a 12% sales increase, reaching Rs 2172 crore in the year ending August 2024. However, net profit significantly de...
- Bitter chocolate: Sales of toffees and candies slow down as rising prices lead buyers to exercise discretionChocolate and candy sales growth slowed in India during the last fiscal year. Major confectionery companies saw reduced growth. Mondelez an...
- India's craving for healthy snacks takes a crunchy turnIndian consumers are increasingly choosing healthier snack options, driving the segment's rapid growth. Emerging brands offering smaller pa...
- FMCG industry records 6.4 pc volume growth, rural & urban consumption gap narrows, says NielsenIQIndian FMCG industry's volume grew 6.4% YoY in Q4'23, with uptick in consumption in both urban and rural areas. Consumption gap between urb...
- Small-size sugar rush carries revenue to record in FY23The sales of candies, toffees, and chewing gum bars in India broke records in the fiscal year 2022, reaching almost 40 billion units and gr...
- Snacks, stationery sales pick up as kids return to schoolPhysical reopening of educational institutions has thrown a lifeline to categories such as stationeries and school shoes that were hit hard...
- FMCG consumption slips in July-Sep but industry logs price-led growth of 13 pc: ReportIndia's FMCG industry saw a decline in volume in September quarter this year, though it registered a value-led growth of 12.6 per cent, acc...
- 75 new categories of advertisers emerge in India during Covid lockdownAs per a Pitch Madison forecast, ad expenditure in the second half of the year will grow at 60-70% compared to the first half of the calend...
- FMCG growth slower in Q1 on inflation, lower rural purchaseThe sector grew 13.6% in value terms, lower by 2.3 percentage points from the previous quarter, Nielsen said.
- Britannia enters the chocolate factory, to compete with Nestle's Kit KatBritannia has extended its Pure Magic biscuit brand to chocolate wafers, in the format of slabs of chocolate on top of biscuits.
- Chocolate makers lose some appeal in a ‘slowing’ IndiaMondelez, India’s largest chocolate maker, and Nestle’s chocolate division saw sales rise by about 6% each in the year ended March 2017
- IIP shrinks by 2.4% in July, retail inflation eases to 5.05% in AugustAccording to experts on ET Now, the drop in inflation has increased the clamour for a rate cut. The RBI has a March 2017 inflation target o...
- Asia sugar output seen signficantly lower in 2016-17India, the world's second largest producer of sugar, will witness a fall in production by 3.7 million tonnes due to consecutive droughts in...
- 'King of nuts' from California to conquer India?Last year, the 2014-15 crop year saw shipment increase with 5.2 million pounds of inshell walnuts going to India and 84,500 pounds of kerne...
- Slowdown makes candies, toffees sweeter than chocolateThe slowdown in Indian consumers’ discretionary spend is impacting chocolate sales, but it hasn’t changed people’s love for “meetha”.
- Retailers in X'mas spirit as shoppers bingeIn the run-up to Christmas, retailers across the country are seeing an uptick in sales as shoppers, buoyed by the festive sentiment and ris...
- Consumer goods cos stay on growth trackEven as the IIP, which fell 0.4% in October 2008 vis-à-vis October 2007, mirrors the all-round economic slowdown in the economy, it seems a...
- Starch cos get the shrinking feelingThe fall in textile exports due to global financial crisis has affected the Indian starch industry, which is witnessing a fall in demand fr...
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