Olam’s $1.3bn deal to acquire ADM Cocoa is likely to have little impact on the price of cocoa ingredients for chocolate makers because grinding capacity is still concentrated with three players.
ADM has struck a deal to sell its global cocoa business to Olam International Limited for $1.3bn.
Cargill has opened its first cocoa processing facility in Asia in the East Java region of Indonesia.
The Malaysian government says it is assessing what action it should take to address ‘no palm oil’ labels in France and Belgium, the legal grounds for which have come under scrutiny.
Dutch-Italian confectioner Perfetti Van Melle has developed a method to control the surface roughness of chewing gum pieces, which can be altered by migrating particles from powdered fillings.
The Food Empowerment Project has called on US chocolate makers to list cocoa country of origin on pack so consumers can avoid brands that use cocoa from West Africa, where it claims unlawful child labor is common.
United Cacao has listed on the London Stock Exchange to set up the world’s largest commercial cocoa plantation in Peru and promises fermentation to buyers’ standards.
Incorporating a consumer-first approach to new product development can be advantageous for complex items like filled chocolates, claim researchers.
Tangerine Confectionery has filed a patent to produce gelatin-free jelly confectionery that has similar properties to gums made with gelatin.
Mid-life consumers aged 45-54 purchase chocolate regularly and sustainable messaging should capture their attention, says Canadean.
Manufacturers can create reduced or no sugar hard and soft candy product extensions without the risk of changing the taste of a proven seller through reformulation, according to Cargill.
The European Cocoa Association (ECA) says mandatory origin labeling of cocoa products is pointless and could even lead to a 30% price hike in consumer chocolate prices.
Cocoa powder demand for use in compound confectionery coatings is rising rapidly in Asia and Eastern Europe as rising cocoa butter prices up the cost of chocolate manufacturing.
Barry Callebaut CEO Juergen Steinemann will resign next year after his company posted revenue and net profit growth in fiscal 2014.
Year-on-year Q3 EBITDA profits dipped 9.2% to €5.73m at Spanish cocoa and chocolate and specialist Natra as ongoing cocoa price hikes hit even as quarter revenues rose 5.2% to €89.93m.
Confectionery giants Mondelēz International, Nestlé and Mars must do far more to ensure women are not blocked from day-to-day commercial cocoa operations because of issues like land rights, according to a report commissioned by Oxfam.
Mondelēz International has officially opened its Asia-Pacific Chocolate and Confectionery Center of Excellence in Australia, creating a base for the largest food R&D team in the country, according to local government.
Tate & Lyle used the recent Food Ingredients-Asia trade event in Jakarta as a springboard for its mounting ambitions in the country of 250 million people as well as other parts of Asia. Fibre and low-calorie sweeteners for weight control were a big part of its offer.
A Mars-supported study suggests that cocoa flavanols in a functional drink may reverse age-related memory decline, but the same effect may not be true in chocolate.
Indonesia continues its fight against the foreign domination of its plantation industry and, in particular, crude palm oil (CPO).
Demand for innovation in the confectionery industry is continuing to rise briskly, with manufacturers consequently required to develop...
Get a head start on future success with our webinar and discover how global food trends are shaping the cocoa and chocolate industry.