NPD takes time. Long hours of R&D lie between an idea and a product launch. AI, however, is helping a range of major companies generate product ideas, as well as do market research and gain insights into the minds of consumers.
Mondelēz International has announced it has completed the sale of its developed-market gum business in the United States, Canada and Europe, excluding Portugal, to Perfetti Van Melle Group.
Mars Incorporated, owners of the popular Galaxy bar in the UK, has admitted to reducing its size while raising the price of a bar - in another example of so called ‘shrinkflation’.
Mars incorporated has announced it will cut carbon in half – or by roughly 15 million metric tons – by 2030 across its full value chain and will continue investing in climate action despite a weaker global economy.
CoLab Tech is is designed to build a venture pipeline of early-stage snack brands focused on ideas that address tech-driven processes, sustainability and other priority areas for the Oreo maker.
The project will see Cargill supply cocoa shells to CCm Technologies, who in turn will manufacture fertiliser for two farms supplying Nestlé UK & Ireland.
Nestlé has announced an agreement with Advent International to acquire a majority stake in Grupo CRM, which owns more than 1,000 chocolate boutiques under the Kopenhagen and Brasil Cacau brands across the county, along with a strong and growing online...
J.K. Rowling’s beloved series branched out into movies, theme park rides, retail and virtual reality experience for a value of $15 billion—and now is expanding its foothold in confections by adding limited edition Harry Potter-themed Hershey's Milk...
Burton’s Foods - now operating as Fox’s Burton’s Companies (FBC UK) under a Ferrero-related company - enlisted 42 Technology (42T) to investigate the feasibility of replacing its gas-fired ovens with electric ovens to help cut its carbon emissions.
The Swiss company said it is tripling the amount invested in the last four years in its chocolate and biscuit operations in Brazil to 2.7bn reais ($550.8 million) for the next three years.
Premium chocolate brand, Lindt has introduced a new Choco Wafer into its UK outlets that after it was recently awarded a ‘superstar’ rating from market researcher, Nielsen Bases.
Confectionery giant Ferrero has released its latest annual Cocoa Charter Progress Report, claiming ‘significant progress in the company’s efforts to ‘source cocoa responsibly.’
Nestlé has published a progress report on its Income Accelerator Program, launched at the beginning of 2022 in Cote d’Ivoire, to support cocoa farmers in Côte d'Ivoire and incentivise them into greater productivity.
The Hershey Company has announced an increase of 5.0% in consolidated net sales and an organic, constant currency net sales also of 5.0%. In its Second-Quarter 2023 Financial Results, it also updated its full-year reported earnings outlook to reflect...
Nestlé has reported better-than-expected first-half organic sales in its half-year results for 2023 and said it improved its full-year organic sales outlook after raising prices to cope with higher production costs.
Luxury Swiss chocolate maker Lindt & Spruengli has posted stronger-than-expected operating profits in the first half of 2023 and raised its full-year outlook, after hiking up prices for its chocolate easter bunnies and pralines.
Nestlé is driving a fresh incentive to protect the Cavally Forest, which lies adjacent to cocoa production areas in western Cote d'Ivoire, and is one of the last remaining dense forests and a primary biodiversity spot threatened by deforestation.
The APAC snacking category is seeing a dominance of savoury and spicy flavours as well as consumer preferences for familiar products, while better-for-you options are also clearly gaining in popularity, according to major industry players.
Snack maker Mondelēz is embracing in-store and digital shopping experiences, as the company is committed to the direct-to-consumer (DTC) model for the long haul, company director of global eCommerce Abhishek Ahluwalia told FoodNavigator-USA in an interview...
The breakfast cereal giant has joined forces with one of the largest chocolate manufacturers in the world to launch Kellogg’s Hershey’s Chocos on the Indian market.
From 100% sustainably sourced palm oil to slashing food waste internally by 25% to upping the diversity mix across its executive leadership, the Oreo maker is on track with its mission to lead the future of more sustainable snacking.
Mars Wrigley UK has announced that its Mars bars will be wrapped in more environmentally friendly paper packaging rather than its traditional plastic wrapper.
This year’s Sweets & Snacks Expo will be remembered for many reasons, not least because it was the last one to be held in Chicago, its home for the past 26 years.
Hershey continues to innovate its popular Kit Kat brand by unleashing a limited edition churro flavour at the Sweets & Snacks Expo, just in time for summer.
Mondelēz International has announced major reformulation plans for its historic UK Cadbury brand that will include plant-based alternatives in an effort to cut up to 75% of sugar and fat.
Charity calls for ‘Big Chocolate’ to pay more to Ghana’s cocoa farmers after it revealed that their net incomes have fallen on average by 16% since 2020, with women’s incomes falling by nearly 22%.
Nestlé officially inaugurated its Lausanne, Switzerland-based research institute, Institute of Agricultural Sciences, to improve agricultural sustainability throughout its supply chain.
ConfectioneryNews was invited by Barry Callebaut, the world’s largest cocoa supplier and chocolate manufacturer with a significant operational presence in Cote d’Ivoire, to report on how the country is adapting to new challenges in its supply chain.
In what it describes as a ‘precautionary measure', Müller has announced it has recalled six Cadbury desserts - including Flake and Dairy Milk Buttons - over listeria concerns.
Hershey's net sales increased 12.1% to $2.98bn thanks to price and volume gains across both confectionery and salty snack segments, driven heavily by consumer demand and media investments.
Biscuit and chocolate giant Mondelez International nearly doubled its outlook for fiscal 2023 after delivering its “best quarter ever” with organic revenue growth up 19.4% to $1.5bn over the same period last year and “significantly ahead of [an] already...
Nestle’s near double-digit price hike across its portfolio of coffee and confections over the past three months helped buoy sales and offset a notable jump in costs without significantly dragging down volumes, prompting executives and analysts to characterize...
The Hershey Company is set to remain the ‘Official Confectionery Partner’ of the National Collegiate Athletic Association (NCAA) after a six-year extension was agreed upon with Paramount-owned CBS and Warner Bros Discovery, which oversee the NCAA’s ‘Corporate...
Snacking giant Mondelez International says the familiarity of brands as well as consumer demand for indulgence in their daily diets are key drivers for snack market growth in the AMEA region.
Hershey is gaining market share in the US confection market while its top competitors fall farther back by replacing its old playbook of innovating and marketing to masses with a more targeted “occasion-based” approach to product development and “mass...
After receiving an impressive number of votes from animal lovers across the country, Crash the Cat from Boise, Idaho, has been crowned the winner of Hershey’s fifth-annual Cadbury Bunny Tryouts, 'Rescue Pets Edition', the company has announced.
A new UK nationwide study by Lindt, to mark the beginning of Spring, has revealed the list of everyday things that give Brits a lift, with a good night’s sleep (51%), a walk on a sunny morning (48%) and a hug (47%) appearing top of the list.
Hershey is making more of the sweets and snacks consumers want with less and overcoming extreme supply chain challenges by replacing and repurposing underutilized manufacturing capacity, ditching conventional lines in favor of more efficient modular operations...
The long-term agreement with Nestlé will include payments for ecosystem services (PES) to more than 6,000 farmers covering 11,500 hectares of agroforestry in Côte d’Ivoire. The implementation of the project is already underway, with three cooperatives...
With Easter in the UK becoming more of a celebration akin to Halloween and Christmas, new research has revealed that 82% of consumers said they'd spend the traditional long weekend with family, with approximately 20% spending it with friends. A third...
Alongside its 2022 Annual Report, Nestlé has published its Creating Shared Value and Sustainability (CSV) Report, with details on its supply chain transparency commitments and progress on its ‘Good for the Planet' initiative as well as the company’s...
Dove Galaxy said it will focus on women empowerment within cocoa growing communities and Dove Galaxy retail markets as part of an ambitious sustainability pledge to help one million people thrive by 2030 in its value chain.
The news that the iconic Matterhorn mountain peak will be removed from Toblerone packaging once the chocolate bar’s production is moved outside Switzerland because it will breach the country’s strict marketing restrictions has led to calls for ‘Made in...
Mars Food & Nutrition has announced that former Unilever executive Karina Zimerfeld has been appointed Vice President of the business’ R&D function, headquartered in London.
The Hershey Company has released dairy-free alternatives for two of its most iconic brands with Reese’s plant-based peanut butter cups going on sale this month, making it the first vegan chocolates sold nationally, followed by Hershey’s plant-based extra...
