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Breaking News on Confectionery & Biscuit Processing

Sectors > Chocolate

US Senator Charles Schumer calls on FDA to regulate snortable chocolate

US Senator Charles Schumer urges the FDA to investigate a snortable raw cocoa product, Coco Loko, because he alleges it has no clear health value.

Grinding in profits: European cocoa processing rises 2% in Q2

The European cocoa grind has risen in the second quarter (Q2) as it became more profitable to process cocoa.

Ferrero opens logistics center in France to tailor packs for each retail channel

Ferrero France has opened a new logistics and co-packaging center in Saint-Quentin Fallavier near Lyon, which will be operated by SPI Logistic.

Mars’ case against CocoVaa for trademark infringement likely to continue, says lawyer

CocoVaa Chocolatier’s owner says she will continue defending her position if Mars proceeds with litigation against its brand for trademark infringement. 

East is eden: Middle East ripe for chocolate growth amid volume declines in the West

Euromonitor International suggests the Middle East offers opportunities for chocolate manufacturers seeking to drive value growth.

Mondelēz sales hit by cyberattack but outlook unchanged

Mondelēz International says a cyberattack on its systems has been contained, but may harm revenues in its second quarter.

Divine Chocolate reports 40% profit growth in 2016

Divine Chocolate has posted a surge in fiscal 2016 profit as strong US sales offsets a drop in UK revenues.

IFT 2017

Steviana offers bitterness-free stevia for US candy and chocolate firms, claims developer

Steviana Bioscience says its stevia extract produced through a patented technology contains no bitter aftertaste. 

Unknown faces: Who are the farmers behind your cocoa and palm?

Confectionery companies should collectively push suppliers to make traceability the norm rather than a premium service, as it is the only way to guarantee sustainable cocoa and palm oil, says...

High cadmium levels in cocoa from Peru may impact chocolate quality

Cocoa beans from many plantations in Peru contain cadmium levels far higher than the EU’s incoming thresholds for chocolate and cocoa products, finds research backed by the USDA.

No longer niche: France’s organic chocolate market grows 21%

The French market for bio/organic chocolate tablets grew rapidly last year, according to trade body Syndicat du Chocolat.

More retailers to enter private label food via candy, predicts Sweet Shop USA

Sweet Shop USA is anticipating growth in its private label division as retailers enter the chocolate gifting market amid a surge in e-commerce sales.

Chocolate confectionery contributes most to value sales of sustainable cocoa products: Euromonitor

Sales of cocoa-based products featuring a sustainable trade and farming label, such as Fairtrade, is set to be valued at $8.9bn in 2017, Euromonitor said. 

Double-digit growth prompts Sanders Candy to remodel headquarters

Sanders Candy has started renovating its Michigan headquarters, a process it expects to complete in early fall 2017.

One in 10 allergenic ingredients not correctly labelled – study

Undeclared milk in chocolate and bakery products was the most frequently found allergen during a control in the Nordic countries.

Sugar free and indulgent are not mutually exclusive, says Lily’s Sweets

Lily’s Sweets says it has no intention to launch any sugar-added chocolate products in the near future. 

Exclusive interview

Caobisco encourages deadlines for 100% certified cocoa and palm oil

EU confectionery trade body Caobisco is encouraging its members to set a date by which they will source all cocoa and palm oil from a certified sustainable source.

API launches Holonique Boutique for custom decorative packaging

API has launched a custom decorative holography service called Holonique Boutique.

Hershey to swap laydown bags for standup pouches

Hershey plans to convert all individually wrapped chocolate from laydown bags to standup pouches in the near future as the company targets center store sales.

Sustainable packaging: Hershey moves to display-ready cases

Hershey has redesigned display-ready cases for all its packaged chocolate candy brands, including Kisses Milk Chocolate.

M&A

Nuts.com acquires Kopper’s Chocolate in multimillion-dollar deal

Nuts.com has acquired gourmet chocolate brand Kopper’s Chocolate and has relocated the brand to its New Jersey headquarters.

Startup Watch

TRŪ Chocolate spots US market gap for premium sugar-free dark chocolate

Startup TRŪ Chocolate has entered the US market with xylitol-sweetened dark chocolate and already has a listing with a mainstream retailer.

Barry Callebaut-owned American Almond’s new facility opened in New Jersey

American Almond has opened its new facility that it moved from Brooklyn, New York, to Pennsauken, New Jersey, to expand its nut-based products portfolio. 

M&A

BBX Capital acquires specialty candy retailer It’s Sugar for $57m

Private equity firm BBX Capital has acquired It’s Sugar for approximately $57m to further expand its footprint in the wholesale confectionery market.

Yowie projects strong fiscal 2018 as it delays Canada entry

Yowie Group forecasts 55% to 70% net sales growth for its upcoming financial year after warning it will miss its revenue target this fiscal year.

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