News
Nestlé: Confectionery innovation on a global stage
8+ hour, 15+ min ago (1110+ words) Nestl" is the world's biggest CPG. And with revenues topping $14bn (11.8bn), and big-name brands including KitKat, Smarties, Milkybar and Munchies in its arsenal, it's also the fourth biggest confectionery manufacturer. So, what's the Swiss multinational's secret to success? And what does…...
Mars-Kellanova: The $36bn merger transforming the snacking sector
3+ week, 1+ day ago (749+ words) As 2025 came to a close, the world's biggest confectionery company Mars, Inc quietly completed its landmark acquisition of snacking giant Kellanova " a deal that cements its dominance across the global snacking landscape. The transaction, valued at around $36bn (30bn), brings together two…...
The big 5: Functional confectionery trends to watch
4+ week, 2+ day ago (777+ words) Confectionery is having a glow-up. No longer just about sugar rushes and guilty pleasures, the category is transforming into a powerhouse of wellness and functionality. And it's happening fast. The category is already worth over $2.5bn (2.1bn) and is expected to top…...
Gluten-free gets festive: Why Christmas is the category’s biggest opportunity yet
3+ mon, 5+ day ago (529+ words) The gluten-free market is getting bigger and more powerful with each passing year. Now worth an estimated $7.7bn (6.6bn), it's growing at a strong 10% CAGR, and projected to hit $13.6bn by 2030 (market analysts Grand View Research). Despite this, the food and beverage industry…...
Nestlé to cut 16,000 jobs in Q3 results shake-up
3+ mon, 3+ week ago (544+ words) Food and beverage giant Nestl" shocked employees and investors Thursday morning, when incoming CEO Philipp Navratil, announced the company is to cut 7% of its workforce. The move to make the business more efficient is part of Nestl's Fuel for Growth…...
Functional gummy mania sends confectionery sales soaring
4+ mon, 2+ week ago (747+ words) The functional gummies market is growing fast. Worth an incredible $25.74bn (21.86bn), it's projected to reach $38.12bn by the end of the decade (market insights company Mordor Intelligence). "This sustained growth is driven by increasing consumer demand for convenient, palatable, and multifunctional wellness…...
Mars pledges €1bn to European manufacturing
4+ mon, 3+ week ago (361+ words) Mars, Inc. has announced plans to plough "1bn into manufacturing operations across the European Union by the end of 2026. This investment builds on the more than "1.5bn Mars has already pumped into EU manufacturing over the past five years. That money was…...
Sweet speculation: GLP-1s could already be nibbling at confectionery sales
6+ mon, 20+ hour ago (579+ words) Confectionery sales are on the decline. Companies such as Barry Callebaut, Mondel'z International and Nestl" have been experiencing lower demand, with consumers less interested in buying chocolate products in particular than before. While many point to price increases following the…...
‘Only ones using it’: Nestlé ditches Nutri-Score at home
8+ mon, 3+ week ago (868+ words) Nestl" is ditching Nutri-Score. Not everywhere, and not on all brands, but it marks the second time an FMCG heavyweight has removed Nutri-Score from packaging in a year. The decision impacts Switzerland only, where Nestl" is headquartered. It's here the…...