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Nigeria needs export tariffs to realize cocoa potential, says PwC

Nigeria is the world’s sixth largest cocoa producer, but has scope to significantly boost its output and processing capacity, according to a report by PricewaterhouseCoopers (PwC).

Tony’s Chocolonely eyes mainstream retail to show 'slave-free chocolate' works in the US

Tony’s Chocolonely this month achieved national distribution across the US in natural and specialty channels and is now aiming to enter conventional retail.

Cocoa flavanols may protect against diabetes: Study

Specific compounds within cocoa promote the release of insulin and may help protect against the onset of type-2 diabetes (T2D), reports a new study in Journal of Nutritional Biochemistry....

UTZ becomes International Cocoa Initiative’s first nonprofit partner

Certification program UTZ has become the first non-industry partner of the International Cocoa Initiative (ICI).

Cocoa prices to stay low in short term even as chocolate markets are ‘strong’

Cocoa prices are expected to remain fairly flat until Q1 2018 even as the world’s largest chocolate market, the US, is growing, according to Rabobank.

Fairtrade and Cocoa Life to build climate change program in Ghana

Fairtrade International says its first climate change program with Mondelēz’s Cocoa Life will be launched in Ghana.

Startup Watch

Uncommon Cacao: Startup decommoditizing cocoa for craft chocolate movement

US startup Uncommon Cacao is enjoying revenue growth as it supplies raw cocoa beans to artisan chocolate makers disconnected from world market prices.


Potential cocoa substitute: Jackfruit seeds create chocolate aroma, say researchers

Jackfruit seeds are a waste product that can be fermented, roasted and converted to flour imparting a chocolate aroma, according to research.

Health perception of chocolate drives sales in Japan: Euromonitor

The percieved health benefits of cocoa among Japanese consumers continues to drive the domestic chocolate market, according to a report by Euromonitor International.

FDF, BRC back ‘coordinated’ approach to sugar reduction

Industry bodies representing the UK’s food and drink sector are backing a “coordinated” drive to reduce the amount of sugar in products.

Olam reports ‘significant headwinds’ in cocoa business

Olam says lower cocoa prices impacted profitability in its cocoa business in the first half of 2017, but it expects profits in the division will improve.

Ex Transmar cocoa execs face US criminal fraud charge

Former executives of bankrupt cocoa trader Transmar are facing fraud charges in a US federal court.

Mondelēz scales up Cocoa Life, but total volumes sourced sustainably flat at 21%

Mondelēz International reached more farmers via its Cocoa Life program in 2016, but total volumes of sustainable cocoa were unchanged year-on-year.

Ferrero to map 100% of its cocoa supply to farm gate by 2018

Ferrero says it is on course to trace its entire cocoa supply to farm gate by next year, which it says will support its commitment to zero deforestation.

Barry Callebaut expands specialties and decorations arm with Italian purchase

Barry Callebaut has added to its European Specialties & Decorations segment with the purchase of Italian firm D’Orsogna Dolciaria for an undisclosed amount. 

Cocoa in the Congo: Emerging origin for organic chocolate makers

Cocoa production is thriving in the Democratic Republic of Congo, presenting an opportunity for the chocolate industry, say stakeholders working in the country.

IFT 2017

Protein yet to plateau in chocolate confectionery, says Barry Callebaut

Barry Callebaut has expanded its protein product portfolio by launching its FortiPro brand, a chocolate coating that contains 15% to 20% protein per serving. 

Barry Callebaut revenues grow with Mondelēz and GarudaFood deals

Barry Callebaut has grown revenues by +2.9% for the nine-months of fiscal 2016/17 driven by supply deals with Mondelēz and Indonesian biscuit maker GarudaFood.

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.

In Brazil, less is more: Two thirds want to eat less sugar

A whopping 65% of a representative sample of Brazilian consumers, representing the world’s fifth most populous country, said they wanted to have less sugar in their diets.

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.

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. 

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.

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