The Sydney suburb of Ingleburn is home to the biggest soft-eating licorice facility on earth.
The maker of confectionary brand Darrell Lea says international customers have developed a taste for Australian made treats – and their hunger is only expected to grow.in response to surging food prices, but RiteBite Group, the company that owns and manufactures a range of brands including Darrell Lea licorice and rocky road, Lifesavers lollies and Well Naturally chocolate, is upbeat about the global appeal of its products.
Akaja said RiteBite’s business model, which involves selling to the major supermarkets, means the company has had to invest in its manufacturing operations to develop products that can stand out on shelves.“We have to compete – but we are more than happy to do that,” he said. “It means we have really had to focus on our manufacturing capability and make sure we have the technology and innovation, the expertise in the building.
Despite the group’s growth, it has not been able to insulate itself from surging ingredient prices. The wholesale price of cocoa is up by about 60 per cent over the past 12 months, and sugar prices have climbed by about 50 per cent over the past two years.
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