Biscuits & Confectionaries

Biscuits and Confectionaries

Dan Cake to enter Indian market

Details: Category: Biscuits and Confectionaries

Dan Cake of Portugal is planning to enter Indian market by forming a joint venture with Phadnis group. It is setting up a 66:34 joint venture where a new company in the name and style of Danesita Phadnis Food Industries Ltd . It will set up a fully automatic manufacturing plant in Maharashtra. It is also exploring the options of other SAARC countries

Dabur launches Mint Masti- a mint candy that helps digestion

Details: Category: Biscuits and Confectionaries

Dabur Foods is planning to introduce a new mint candy with digestion properties. Currently, the market has many varieties of mint candy without major differentiation. Further, according to consumer studies, mint candy consumption is after meals to mask the malodour. With mint market is estimated at Rs. 7200 million, Dabur hopes to gain market share with aggressive push merchandizing. It is introduced in the market as "Hajmola Mint Masti"

Perfetti forays into snack market with "Stop Not"

Details: Category: Biscuits and Confectionaries

Perfetti Van Melle, a leading producer of confectioneries with brands like Alpienliebe and Center Freshm, now forays into snack market . It will introduce its brand "Stop Not" which will compete with produce like Kurkure from Pepsico and Hippo from Parle Agro. It is likely to introduce in northern states like Punjab and Haryana before moving to other states. It may be noted, the Indian salty snack market is estimated at Rs.. 60,000 million.

Lotte opens new confectionery unit in Chennai

Details: Category: Biscuits and Confectionaries

Lotte, a subsidiary of Lotte Confectionery, South Korea had set up a confectionery unit in Nemam village near Chennai. The plant was built with an investment of Rs. 3220 million and will have a capacity of 1.8 lakh cartons of Lotte Chocopie, which will cater mainly to exports and to domestic hotel and retail sector. The company has a 10 % market share over the country and a healthy 20% market share in southern states.