Katjes International GmbH, the international subsidiary of Katjes Group, has acquired Cloetta Italia for $53 million, pushing the German gummy manufacturer to No. 2 in the Italian confectionery market.
Dr. John’s Candies has launched THRIVE, a new line of sugar-free goodies. First to debut are lollipops that are all natural, contain no sugar and are packed with five grams of fiber.
Allied Market Research’s recently released global sugar confectionery market report projects sugar confectionery sales will reach $55.594 billion by 2022. The study foresees an estimated CAGR of 3.2 percent between 2016 and 2022. It’s no surprise then that key industry players are leaving no stone unturned in tapping the immense potential of the market.
However, the run-of-the-mill peppermint flavor often makes me say “Bah! Humbug!” Thankfully, Seattle-based novelty dealer Archie McPhee and other companies are here to help.