Hershey’s higher-than-expected sales and market share gains in the first quarter is a double-edged sword for the confection and snack company – allowing it to raise its full year guidance but simultaneously straining inventory and increasing the company’s...
The company said it is raising its 2022 net sales and earnings per share outlook to reflect the strength of its performance and strong demand for its chocolates and candies in the first quarter and expectations for the balance of the year.
Oat milk chocolate brand, HAPPi, has secured a major listing in the UK with the news that it is now available on the shelves of Tesco stores nationwide, with three SKUs: Plain M!lk, Salted Caramel and White.
Divine Chocolate, the only Fairtrade and B Corp certified chocolate company to be co-owned by cocoa farmers, has said it has strengthened farmer empowerment initiatives and has joined multi-stakeholder Agroforestry project with HALBA in Switzerland.
After taking a hit early in the pandemic, sales of impulse purchases are beginning to rebound – but they look different now than before the outbreak as brands and retailers redefine the category to better align with consumer needs and lifestyles reshaped...
Mondelēz International has reported first-quarter profit of $855m, saying in a statement it expects a 3-cent hit to its adjusted per share earnings in 2022 and a $200 million impact on its revenue due to the Russia-Ukraine war.
The World Cocoa Conference has been postponed for the third time after organisers International Cocoa Organization (ICCO) cited uncertainties of holding a global gathering in Bali with the potential of more travel restrictions due to the ongoing COVID-19...
Two food industry giants are facing major European product recalls. Nestlé’s Buitoni pizza brand has been linked to an E.coli outbreak in France while Ferrero has been forced to recall Kinder products across a number of markets due to Salmonella contamination....
Mondelēz International is set to acquire iconic chocolate and candy brands including Ricolino, Vero, La Corona and Coronado from Grupo Bimbo, Mexico’s leading confectionery company.
Mars Incorporated has announced two ‘groundbreaking’ programmes in a new effort by a major chocolate company to improve the livelihoods of smallholder cocoa farmers.
Two influential Washington-based organisations from the cocoa and confectionery industry have called for more stringent regulations in the cocoa supply chain regarding forest conservation.
Fairtrade International has announced Sandra Uwera will become its new Global CEO following the departure of Dr Nyagoy Nyong’o, who served as Interim Global CEO until last month.
Emboldened by “sustained consumer demand” despite rising prices in the first quarter to the highest level since 2008, Nestle executives told investors yesterday that they will continue to pass on “significantly higher” than expected cost inflation to...
Mondelēz International has announced the appointment of Jay Cooper as President, Northern Europe, with responsibility for the company’s businesses in the UK, Ireland, Norway, Sweden, Finland and Denmark.
British high street artisan Fudge makers, Fudge Kitchen, has announced a major rebrand across its entire product range, shop fronts & website to push its sustainability credentials.
Ahead of World Earth Day (22 April), UK chewing gum brand Milliways is calling for the government to introduce a new policy that would reduce single-use plastic pollution and educate consumers about the potentially harmful ingredients used in mainstream...
Indian plant-based chocolate firm CARRA has launched its first dairy-free white chocolate bar, aiming to ‘plug the gaps’ in its portfolio to appeal to a wider consumer base.
The founder of UK-based ‘super natural’ chewing gum start-up Milliways is also calling for a single-use plastic levy to make it easier for consumers to switch to a ‘more sustainable’ option.
Candid, creator of Noons cacao bites, captured the top spot of SNAC International’s second biennial SNAC Tank, held at the association’s inaugural SNX 2022 education and networking forum.
Barry Callebaut has announced it has renewed its agreement with Grupo Bimbo to supply chocolate and compound in several countries in Central America, the US, Canada and Uruguay.
Call for UK government to publish its long-awaited Sugar Reduction Progress Report and announce new, tougher, comprehensive, regulatory measures to incentivise the industry to reduce sugar.
Fast-growing keto snacks company Catalina Snacks is proving that 'keto' is no longer reserved for the low-carb, moderate protein diet's devotees but has a broader consumer scope and appeal.
The European Food Safety Authority has issued scientific advice on nutrient profiling that will help inform the Commission’s future plans for front-of-pack labelling.
Colombian cocoa supplier Luker Chocolate has announced it has joined the Tent Partnership for Refugees (Tent), a global business network of more than 200 major companies around the world committed to supporting refugees, including by hiring and training...
Nigeria’s cocoa sector has announced a move to potentially join the Living Income Differential (LID) system set up by West African neighbours Ghana and Cote d’Ivoire to pay cocoa farmers more for their beans.
The palm oil sector will need to emphasise how its current sustainability and development strategies are also ‘future-oriented’ beyond standards and certifications if it is to successfully penetrate new markets in the Middle East.
Mondelez International’s newly appointed Managing Director for Malaysia and Singapore believes that it is crucial to build in sustainability and affordability as core business components if it is to grow its snacking business in the region, even if that...
The European Centre for Disease Prevention and Control (ECDC) is launching an investigation into the salmonella outbreak at Ferrero’s factory in Arlon, Belgium, which has led to the company recalling several batches of Kinder Surprise chocolate eggs and...
US confectionery company the Yowie Group is marking this Easter with a new campaign to bring loved ones together by offering a curated collection of free Easter-themed activities featuring sweet treats, homemade gifts, engaging activities and fun educational...
Blommer Chocolate, the largest cocoa processor and ingredient chocolate supplier in North America, has announced Carolin Fesenberg will become its new Director of Cocoa Sustainability.
Strong chocolate sales and a recovery in its gourmet business with restaurants helped sales volumes rise 8.7% in the six months to the end of February, while net profit climbed 3.1%.
Colour is one of the most important sensory cues when it comes to choosing what to eat – influencing what consumers see, what they taste and what they feel while doing it. How can bakery brands capitalise on this?
The German confectionery industry expects to produce 239 million chocolate Easter bunnies this year - despite difficulties in procuring packaging materials, which have been aggravated by the war in Ukraine.
British chocolatier Paul A Young has teamed up with national pet charity Blue Cross to remind pet owners to remember the dangers of chocolate this Easter.
A California federal judge has refused to grant a motion to dismiss a proposed class action accusing Nestlé USA of allegedly deceptively marketing its chocolate products as sustainably sourced despite obtaining cocoa from farms reliant on child slave...
Mars Wrigley has unveiled plans for its ice cream plant in Steinbourg, France to become the first 100% electrically powered industrial site in the Mars Group.
Ferrero has been forced to extend its recall of Kinder products to include all those manufactured at its site in Arlon, Belgium, due to an outbreak of salmonella.
US researchers conducting a Cocoa Supplement and Multivitamin Outcomes Study (COSMOS) observed a 27% reduction in deaths from cardiovascular disease (CVD) in older adults treated with the extract, although there was no improvement in the death rate for...
A new report by EIT Food – one of eight communities to boost innovation and entrepreneurship across Europe – reveals only 47% of Europeans trust the food sector. French consumers lead the pack in scepticism.
The company has published its ‘Chocolate Foodprint’ for 2021-22, which leads the way for artisan brands in transparency and regeneration in the cocoa sector. We talk to Philipp Kauffmann, the company’s founder.
