Two major confectionery players have this month announced inroads into Russia, demonstrating that cocoa ingredients suppliers and their customers are seeking to spear fresh wins in Russia's emerging, and burgeoning, confectionery market.
Higher food prices have led to larger areas planted with cereals in Russia and Ukraine, which is expected to result in higher agricultural output this year, according to the UN’s Food and Agriculture Organization.
Increasing consumer power in Russia is drawing food and beverage
manufacturers to set up base in the country - which, in turn, is
opening opportunities for ingredients suppliers to do more business
in the emerging market.
New voluntary screening and voluntary 'No GMO!' labelling is
driving up food prices in Moscow, according to reports, with food
manufacturers complaining that the voluntary certification is
becoming mandatory for companies...
The EC has called threats by Russia to ban all imports of EU meat
products into the country as "unjustified", as processors
and food producers in the bloc face the possibility of losing a
major market for their products.
Gains for food makers laid out as Eastern Europe's food retail
sector continues to hot up and more international chains look to
increase their market shares by expanding beyond the major cities,
says a new report.
Russia's seafood market is one of the country's fastest growing
food sectors as more consumers with rising disposable incomes stop
thinking of it as an expensive luxury but as a normal part of their
weekly shop, reports...
Nestlé has launched new sweets and biscuits in Russia as intense
competition has forced the firm to invest heavily in what is now
the world's fourth biggest confectionery market, reports Angela
The European Bank for Reconstruction and Development moved to calm
investor fears over state intervention in Russia and outlined a new
focus on Eastern Europe at its annual conference, reports Chris