16 September 2024
16 September 2024
Andy Coyne analyses the private-label market and asks whether its recent gains can be rolled back by newly-resurgent brands.
The physical checks are necessary now that the UK is no longer part of the EU single market for trade.
Molinos Río de la Plata has agreed to buy the frozen-pizza brand Sibarita and a manufacturing plant in Pilar in Buenos Aires province.
Nestlé has signed up for a 117,000 sq m plot in Jeddah’s Third Industrial City.
The outbreak at the Virginia site caused the deaths of nine people and hospitalised 57 consumers.
UK dairy company Freshways Group has snapped up Totally Welsh Dairy, a deal made to support its recent acquisition of Müller’s Milk & More business.
Hivest Capital Partners in Paris has taken a majority stake for an undisclosed sum.
Shareholders will vote on an additional equity raise this week to satisfy conditions with an arrangement with A2 Milk.
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Per GlobalData, the global confectionery sector was valued at $196.9 billion in 2023 and is projected grow at a CAGR of >4% by 2028. In 2023, chocolate was the largest category in terms of value, followed by sugar confectionery. However, sugar confectionery cornered the largest volume share globally, followed by chocolate. The top five companies in the global confectionery sector cornered a combined value share of ~46% in 2023, led by Mars, and followed by Mondelēz International.
Per GlobalData, the global confectionery sector was valued at $196.9 billion in 2023 and is projected grow at a CAGR of >4% by 2028. In 2023, chocolate was the largest category in terms of value, followed by sugar confectionery. However, sugar confectionery cornered the largest volume share globally, followed by chocolate. The top five companies in the global confectionery sector cornered a combined value share of ~46% in 2023, led by Mars, and followed by Mondelēz International.
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