Confectionery giants such as Nestlé, Haribo and Cadbury have been at the forefront of efforts to move away from artificial additives, as the general industry makes a shift to natural food products, according to Leatherhead Food Research.
Global confectionery supplier Archer Daniels Midland (ADM) is injecting US$4.4m (€3m) into its Ivory Coast cocoa programme as the country tries to recover from its recent civil turmoil and an EU ban on one of the region’s most important exports.
The palm oil labelling bill in Australia is entering its next phase, with the House of Representatives set to vote on whether it becomes law – and the current government saying it intends to oppose it.
Despite volatile cocoa prices, fragile consumer confidence and retail price pressure, positive first-half results posted by Swiss chocolate maker Lindt & Sprüngli point to a high level of resilience at the premium end of the confectionery category.
Sugar stocks should rise significantly from their current low levels, with analysts forecasting a global sugar surplus of around 9.5m tonnes in the 2011/12 (October-September) crop year, on the back of increased production in Europe and Asia.