Environmental nonprofit Mighty Earth has found large chocolate companies have made 'very strong' commitments in policy and practices to reduce deforestation on their cocoa farms in Ghana and Côte d'Ivoire but the level of engagement does...
Responding to a new report from Greenpeace, confectionery giant Hershey has named its palm oil suppliers, and has revealed that it has mapped almost 100% of palm oil supply chain to the mills, and approximately 14% to the plantations.
Ferrero would become the ‘third largest player in chocolate confectionery in the world if it successfully acquires Nestlé’s US candy business, a deal that is expected to come through by the end of this week, said Euromonitor.
Hershey’s acquisition of Amplify Snacks has made the chocolate company the second largest popcorn producer in the US market, ‘second to Frito-Lay,’ who owns Smartfood, said Euromonitor analyst Jared Koerten.
Hershey says it is continuing to explore the possibilities of 3D chocolate printing partnering with a ‘world-renowned culinary school’ and funding two students to focus on exploring real-world applications of the technology.
Allulose-sweetened chocolate startup Allulite Nutrition debuted its products at the FNCE (Food and Nutrition Conference & Expo) show recently in Chicago, and it hopes to become a $1bn brand in the next few years for Hershey to acquire.
Hershey took the largest share of Amazon’s candy purchases in October this year compared to Mondelēz-owned Sour Patch Kids, Mars’ Skittles and Starburst, and Perfetti Van Melle’s Airheads, according to a new report from Edison Trends.
Female cocoa farmers are key to accelerating cocoa sustainability, but lack the access to finance and land rights that men have, says a new network for women in the cocoa supply chain, which includes Hershey's CEO.
Traceability from farm to first purchase, common definitions of protected areas and paying farmers a living income are three ways stakeholders say can help end cocoa-driven deforestation in West Africa, which is threatening endangered species.
Nestlé Cocoa Plan has come out top in a report by Stop the Traffik and Baptist World Aid Australia assessing the progress made by chocolate companies and certification organizations in tackling child labor in Côte d’Ivoire and Ghana.
Global confectionery sector to grow CAGR 4.6% from 2016–2021
An improving global economy, stronger than expected economy in developed countries and rising disposable incomes in developing countries are the main reasons why demand is growing for confectionery products, according to Global Data.
The National Confectionery Association (NCA) has announced the Most Innovative Award winners from nine major candy and snack categories, including chocolate, seasonal, gum and mints, at the Sweets & Snacks Expo this year in Chicago.