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PERFETTI Van Melle (PVM) the global company behind the world s beloved confectionery brands such as Mentos, Chupa Chups and Fruittella partneres with PCX Markets to fulfill an ambitious and robust sustainability road map that not only exceeds the plastic reduction targets as outlined by the Philippines Extended Producer Responsibility (EPR) Act, but also simultaneously helps build a circular economy through social impact. ....
The sales of candies, toffees, and chewing gum bars in India broke records in the fiscal year 2022, reaching almost 40 billion units and growing the overall confectionery market by 13% to Rs. 12,127 crore. The surge in demand correlates with individuals preferring affordable sweet treats during Covid-ravaged economic conditions. Large companies such as Mondelez, Nestle, and Mars dominate the chocolate category, while regional firms account for over 35% of the confectionery market. Despite operating profit margins not expanding with revenue due to input costs inflation, companies expect further growth opportunities due to increased innovation, direct reach, and affordable products. ....
Winnipeg Jets forward Cole Perfetti is expected to be sidelined at least eight weeks due to an upper-body injury, coach Rick Bowness announced Friday. ....