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Home » Topics » Candy Industry

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truffles

North American confectionery market projected to reach $58B by 2023

ResearchAndMarkets.com report shows chocolate is propelling demand for candy.
Crystal Lindell
Crystal Lindell
August 8, 2018
The North American confectionery market is expected to reach $58 billion by 2023. That’s according to a new report from ResearchAndMarkets.com.

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Necco wafers_web

Two former NECCO employees suing Round Hill Investments

Former employees allege investment firm is in violation of WARN Act.
Alyse Thompson
Alyse Thompson-Richards
August 2, 2018

Two former New England Confectionery Co. (NECCO) employees are suing previous buyer Round Hill investments for damages after the investment firm abruptly shut down the company’s Revere, Mass.-based plant July 24.


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M&M's Crunchy Mint

Crunchy Mint selected as winning flavor in M&M’s 2018 Flavor Vote

New flavor to appear in stores for the next 18 months.
Alyse Thompson
Alyse Thompson-Richards
August 1, 2018

The results are in: Crunchy Mint will join M&M’S lineup of flavors this month after fans selected it as the winner of the 2018 Flavor Vote. 


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Hershey kisses

Snack acquisitions push Hershey sales up 5.3 percent in second quarter

North American sales reached $1.56 billion.
August 1, 2018

The Hershey Co.’s consolidated net sales reached $1.75 billion in the second quarter of 2018, thanks to snack acquisitions and divestitures of its Golden Monkey unit and the Tyrells brand.


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Sugar bowl stock

Südzucker, DouxMatok partnering to offer sugar reduction solution in Europe

DouxMatox sugar can reduce up to 40 percent of sugar content in food products while maintaining sensory profile.
Alyse Thompson
Alyse Thompson-Richards
July 31, 2018

European sugar producer Südzucker and DouxMatok, developer of targeted flavor delivery technology, are partnering to commercialize DouxMatok’s sugar reduction solution across Europe to support the food industry’s efforts to reduce sugar content.


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Necco wafers_web

Union Confectionery Machinery selling NECCO equipment, intellectual property

Necco wafers, Sweethearts, Canada Mints not for sale.
Alyse Thompson
Alyse Thompson-Richards
July 31, 2018

Union Confectionery Machinery has been tapped by a third-party buyer to sell assets from New England Confectionery Co. (NECCO) after the company abruptly closed last week.


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Vanilla stock

ADM to expand vanilla range with Rodelle acquisition

Transaction set to close in third quarter of 2018.
Alyse Thompson
Alyse Thompson-Richards
July 30, 2018

Archer Daniels Midland Co. will acquire Rodelle Inc., an originator, processor and supplier of vanilla products.


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2018 Candy Hall of Fame

NCSA announces 2018 Candy Hall of Fame inductees

Event set for Oct. 19-21 in Tampa, Fla.
Alyse Thompson
Alyse Thompson-Richards
July 30, 2018

The National Confectionery Sales Association has announced the 2018 Candy Hall of Fame inductees.


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Necco wafers_web

Report: NECCO plant shuts down after investment firm sells company to unnamed manufacturer

Round Hill Investments purchased NECCO in May.
Alyse Thompson
Alyse Thompson-Richards
July 26, 2018

The New England Confectionery Co. (NECCO) plant in Revere, Mass. shut its doors Tuesday after its recent buyer, Round Hill Investments, LLC, announced it has sold the company to another candy maker.


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SAT4Farming

Mars, Rainforest Alliance launch cocoa farming program using satellite imagery in Ghana

Program offers advice, monitoring through digital farm development plans.
Alyse Thompson
Alyse Thompson-Richards
July 26, 2018

Mars, Inc. and the Rainforest Alliance, in partnership with Touton and the Grameen Foundation, have launched in Ghana SAT4Farming, an initiative using digital technology and satellite imagery to guide farmers over a seven-year period.


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