This Easter, shoppers can do more than choose between milk, dark, or white chocolate eggs; they have the power to make a significant difference to the cocoa farmers, says Fairtrade UK.
Latin American food conglomerate Grupo Nutresa has launched a new sustainability programme to continue strengthening Colombia’s cocoa chain after posting revenues of $18.9 billion in 2023, representing a growth of 11% compared to the previous year.
Nestlé has announced it is launching two new projects to help address the impact of climate change on cocoa and reduce and remove carbon emissions from its supply chains—as part of its commitment to reach net zero emissions by 2050.
UPDATE: TUESDAY 26 MARCH 2024: Cocoa prices continued to rise this week. Earlier today the price of cocoa beans smashed through the $10,000 a ton for the first time in the futures market after posting gains all week - with chocolate makers passing on...
Confectionery’s resilience in the face of global inflationary pressures and the rising costs of raw materials has lifted John Downs, the National Confectioners Association’s (NCA) president and CEO, who said he is confident the category is in excellent...
As Easter approaches, consumer experts warn not to wait until the last minute to buy Easter eggs and other chocolate treats, as prices are likely to increase further.
The European Union (EU) has signalled its intent to delay the most controversial parts of its anti-deforestation regulation (EUDR) after protests by governments in Asia, Africa, and Latin America described the low, standard, or high-risk benchmarking...
LiveEO, a Berlin-based provider of satellite analytics, has launched TradeAware Lite, a free version of its software platform, TradeAware, designed to help companies achieve compliance with the EU Deforestation Regulation (EUDR).
The influential and respected cocoa consultant Dr Kristy Leissle has launched a new marketing company that puts cocoa farmers’ perspectives at the centre of the procurement process so they can share in revenue from the sale of their beans.
Cocoa production in Ghana has been falling off the cliff since posting a record 1.047 million metric tonnes (MT) at the close of the 2020-21 season. A multiplicity of factors account for the downward trend in production, including a prolonged El-Niño...
Nestlé International Travel Retail is launching its new sustainable KitKat to connect European travelling consumers with farmers and raise awareness about the cocoa used in the iconic bars.
Foodtech company Incredo expands its sugar reduction solutions with the launch of Incredo Sugar G2, a concentrated version of its clean label, protein-sucrose blend Incredo Sugar made from cane and/or beet sugar and a dairy- or plant-based protein to...
Swiss subsidiary with a long history of sourcing its premium organic cocoa from Dominican Republic sees demand skyrocket as suppliers look to other regions for sustainable beans.
The El Niño weather phenomenon, which hit the west coast of Africa last year, carrying unseasonal heavy rains followed by dry heat, is the main factor in an 11% drop in the season’s main cocoa harvest, according to the latest figures from the International...
Barry Callebaut Group, the world’s largest chocolate and cocoa supplier, has announced it is cutting approximately 2,500 manufacturing and administration jobs across its global operations.
Agribusiness group Olam has reported a significant improvement in its second-half full-year results and says London listings for ingredients supplier subsidiary ofi is still planned.
Cocoa futures in London and New York rose to fresh record highs on trading platform ICE on Monday this week as increasing concern about supply shortages in Cote d’Ivoire and Ghana, the world's top two producers, left buyers scrambling for beans from...
Arch disruptor brand Tony’s Chocolonely is appealing an injunction against Mondelēz International after the Dutch brand launched four temporary wrappers in Germany, mimicking the design of well-known chocolate bars from Ferrero, Mars, Milka, and Nestlé.
The biennial Cocoa Association of Asia (CAA) International Cocoa Conference is set to return to Singapore on 12 to 13 September 2024, bringing together more than 600 senior business leaders, key stakeholders, decision-makers, and thought leaders from...
Procurement came under the spotlight at Chocoa’s recent Amsterdam Sustainable Cocoa Conference when it convened a panel of specialists to discuss why the practice is not just about buying beans - transactions should go a lot deeper in the value chain...
It was billed in the World Cocoa Foundation agenda as a ‘Fireside Chat.’ Still, the conversation was anything but cozy as the 2024 Partnership Meeting welcomed back Yves Brahima Koné, Cote d’Ivoire’s Coffee & Cocoa Council director general, and Joseph...
Using a combination of social psychology and economic models, a new UK study shows fair trade product sales increased in popularity during an economic downturn while organic product sales dropped, indicating a divide between the two labels’ favourability...
Tricia Brannigan, chief procurement officer and VP of Global Procurement at The Hershey Company, was in Amsterdam for WCF’s recent annual Partnership Meeting. She spoke exclusively to Confectionery News on the WCF’s fresh strategy and Hershey’s role in...
Less is apparently more when it comes to the amount of sugar used in the creation of the perfect chocolate bar. So will manufacturers reduce the amount of sugar they use in the making of this sweet treat and will consumers welcome the change?
Love may be in the air this Valentine's Day – but so is the eye-watering price of cocoa on the market, making the cost of the key ingredient in chocolate more expensive than ever, according to analysts.
Along with the World Cocoa Foundation Partnership Meeting, Chocoa’s Cocoa Sustainability Conference, Amsterdam Cocoa Week was also the setting for the Cacao of Excellence awards, which recognize excellence in cacao cultivation while supporting and encouraging...
Picking up the baton from the World Cocoa Foundation Meeting, the Amsterdam Sustainable Cocoa Conference, organised by Chocoa, moved into the Beurs van Berlage for a further two days of discussion and debate on key policy issues affecting the global chocolate...
Hershey is launching a multi-year cost-savings strategy that will lean heavily on enhanced automation and a more efficient operating model, which could result in job cuts, to help offset historically high cocoa prices and elevated sugar costs that are...
The World Cocoa Foundation Partnership Meeting ended as it began, with an address from President Chris Vincent. Two days ago, in his opening remarks, he struck an upbeat chord, pleased with the internal changes in the organisation and a strategy refresh...
Premium Dutch ethical brand Tony’s Chocolonely has reported record revenue growth of €150m ($162m) while successfully scaling up its sustainable impact model with six new partners joining its collaborative industry initiative.
Apart from farmer income/poverty, the most discussed topic on day one of the World Cocoa Foundation Partnership Meeting in Amsterdam was the European Union Deforestation Regulation (EUDR) that will be implemented at the end of this year.
In his opening remarks at this year’s World Cocoa Foundation Partnership Meeting in Amsterdam, Chris Vincent, president of the WCF, said this year's conference theme, ‘aligning for global action,’ underscores the critical interconnectedness between...
With its link between Europe, North America, and the rest of Latin America, the tiny country on the Caribbean island of Hispaniola is set to be a significant player for premium cocoa as demand soars due to a global shortage of beans.
Ahead of The World Cocoa Foundation (WCF) Partnership Meeting in Amsterdam this week, the organisation has announced that Mawuli Coffie will be its country director for the WCF Ghana Office as part of a new senior leadership team spearheading an ambitious...
Plant-for-the-Planet has launched a free app that smallholder farmers can use to check their own farms and share their data with trading partners – and know within minutes whether they can continue importing into the EU under its new deforestation regulations.
That was one of the burning questions from our recent webinar on the European Union Deforestation Regulation (EUDR), which is still available on demand from the link at the end of this article. As companies scramble to create robust due diligence procedures,...
Leading commodities supplier ofi has announced Roel van Poppel as its chief sustainability officer (CSO), taking responsibility for scaling the group’s ability to drive positive impact across its five leading product platforms - cocoa, coffee, dairy,...
It’s almost 10 months since we last spoke with Chris Vincent, the president of the World Cocoa Foundation (WCF). As he prepares for the upcoming Partnership Meeting in Amsterdam (6-7 February), he gives an exclusive and wide-ranging interview to ConfectioneryNews...
A new report from Fairtrade International has highlighted that cocoa farmers who were paid a ‘living income reference price’ earned, on average, 15% more compared to government-regulated farmgate prices in origin countries.
Amsterdam Cocoa Week promises an ‘epic collaboration’ when it opens on Monday 5 February at the Beurs van Berlage, the city’s former stock exchange building, where joining forces under one roof will be high-level sustainability conferences Chocoa, the...
The International Cocoa Organization (ICCO) has warned that a rise in freight rates due to conflict in the Red Sea also added to costs for chocolate producers.
According to analysts, Barry Callebaut has posted a slight rise in sales volumes in three months to the end of November ahead of a challenging and overall declining chocolate confectionery market due to inflation that is squeezing household budgets.
KitKat, one of Nestlé’s most popular and innovative confectionery brands, will now become its most sustainable after the company announced the snack bar will be made with 100% chocolate sourced from the Income Accelerator Programme (IAP)
A new industry group known as Fairmade is working to raise awareness in the cocoa sector of the benefits of producing chocolate at the origin of ingredients in developing countries.
The global landscape of food consumption is undergoing a significant shift with the introduction of sugar taxes in over 120 countries. These initiatives are primarily aimed at guiding consumers towards healthier lifestyle choices by reducing the intake...