Hershey Co has exceeded analysts' estimates on full-year net sales and profit after a strong ending to the fourth quarter with consolidated net sales of $2,652.3 million, an increase of 14.0%.
Mondelez executives see no reason to lower prices or increase promotions for their iconic sweets and snacks despite reported retailer requests that brands across the board do so as some consumers begin pulling back on spending in the face of ongoing inflation.
The Valentine's Day candy season is poised for growth in 2023 with year-over-year sales expected to grow 5% to around $4bn, despite rising inflation and supply chain issues, according to the National Confectioners Association.
CEO of Jambar Jennifer Maxwell knows a thing or two about launching energy bar brands, having been one of the co-founders of PowerBar, which started the category almost 40 years ago. As she looks to expand category newcomer Jambar’s footprint in 2023,...
In its review of the past 12 months, The Federal Association of the German Confectionery Industry (BDSI) confirmed it had been a ‘very tense economic situation’ for the industry.
The Sweets & Snacks Expo has announced registration is now open for the 2023 show, which takes place at the McCormick Place Convention Center in Chicago from 22 to 25 May.
With less than one percent of all family-owned companies in the United States reaching 100 years in business, Just Born will also be celebrating the milestone by honouring and thanking its associates, stakeholders as well as the local community at it...
Consumer Reports, the independent, non-profit member organisation that allegedly tested and discovered harmful levels of cadmium and other harmful heavy metals in some chocolate products, has urged the producers to commit by Valentine's Day to reduce...
Mondelēz International has released its 2022 State of Snacking report, which reveals that, for the fourth consecutive year, snacking remains a preference over traditional meals, even though consumers are feeling the crunch of the current economy.
Chocolate and cocoa supplier Blommer has upped its sustainability strategy by announcing a new partnership with Satelligence, a world leader in geospatial sustainability.
Strong international sales, particularly in the North American market, helped organic sales grow by 8.4% in 2022, according to the latest financial results released by Lindt & Spruengli.
After slow start to back-end loaded year, Barry Callebaut reported its sales volume was down -5.1% for the first three months to the end of November 2022 and issued a new lower three-year guidance for growth, citing a return to pre-COVID demand levels.
UK scientists have uncovered what makes chocolate so popular: lubrication and fat release are key. This understanding, they say, can unlock opportunities to develop a new, healthier, generation of chocolate.
Guy Debbas, a Lebanese-American, has spoken to ConfectioneryNews about his incredible story of surviving political assignation in his native country to become a renowned gourmet chocolatier in California.
Global Vegan Ice Cream Market is poised to grow by $1.5bn from 2023 to 2026, according to analysts, accelerating at a CAGR of 11%. The market is driven by expanding the global vegan population base, new product launches, and the health benefits of a vegan...
This is the third year that Barry Callebaut has produced its ‘Top Chocolate Trends’ and according to its proprietary research of from August 2022, 71% of global consumers agree that when they want to celebrate, they choose something with chocolate in...
Singapore chocolate firm Tatgu used the pandemic to press ahead with innovation across its low-sugar and -GI, and high-calcium product ranges, as it seeks to meet soaring demand for better-for-you treats.
Reese’s has announced it is debuting seven new chocolate and peanut combos this month as frozen treats for the North American market in a partnership with Unilever.
Mars has announced its M&M'S brand will release a limited edition all-female pack of candies to celebrate International Women's Day on Wednesday, March 8.
UK High Street brand Fudge Kitchen has joined the Veganuary campaign by expanding its vegan offering. The fudge brand, which still batch-makes all of its products at its HQ in Kent, saw a 3.5% rise in vegan sales in 2022 with 10% of all its online sales...
Dutch ethical brand Tony’s Chocolonely claims its unique sourcing model has substantially reduces child labour in its cocoa supply chain – and has called for other companies to up their game.
Hotel Chocolat has unveiled another push into the Japanese market by signing a new deal with Tokyo-based Eat Creator Corporation to include 21 Hotel Chocolat-branded shops across the country.
Thousands of vegan products, including confectionery, have been launched around the world during ‘Veganuary’ to capitalise on the ever-increasing number of people taking on the pledge.
ConfectioneryNews looks back over another tumultuous and eventful 12 months and asks what our most popular stories tell us about the state of the industry.
Five charities from across the UK are set to receive £25k from The Cadbury Foundation after been hand-picked by employees at Mondelēz International, the owner of Cadbury.
As 2022 draws to close on what has been a challenging year for many industries, chocolate and candy continues to buck the trend in the US, according to a new report by the National Confectioners Association (NCA) that reveals non-chocolate candy is a...
The National Confectioners Association (NCA) has issued a statement on the findings of a consumer report released in the United States that claims to have found dangerous amounts of heavy metals (lead and cadmium) in chocolate from popular brands including...
As ConfectioneryNews reported last month, the trend for single-origin cocoa ingredients has been growing for some time, as consumers with a sweet craving also look more closely at how and where their cocoa is sourced.
Chocolate and cocoa supplier Barry Callebaut Group says it welcomes the swift negotiation on the European Union’s (EU) Regulation on deforestation-free products aiming to minimize EU-driven deforestation and forest degradation, and reduce greenhouse gas...
American candy lovers can now discover what Christmas tradition is most popular in their state with Hershey’s holiday tradition heat map and then use the candy pairing guide to make sure they’re stocking up on the right iconic sweets to help make holiday...
Terry’s Chocolate Orange, which is now produced by the French firm, Carambar & Co, has announced new flavours and formats to its line-up for the festive season.
Sián Holt, Managing Director of UK high street chain Fudge Kitchen, has been recognised as one of the best in the business after being named a winner in the Great British Entrepreneur Awards.
Climate change, space exploration and educating kids on healthy eating choices are the themes for the 2023 editions of the prestigious Coupe du Monde da la Pâtisserie, French Bakery Cup and Bocuse d'Or, taking place at Sirha Lyon January.
Fairtrade America partners, including Tony’s Chocolonely, Gallant International and Divine Chocolate, have announced a strengthening of commitments to the label for social justice and sustainability.
The European Union has agreed a new law to prevent companies from selling cocoa and other commodities into the EU market that can be traced back to deforestation around the world.
Mars-owned Dove Chocolate is continuing its commitment to supporting female entrepreneurs and small businesses in the US by launching its second year of DOVE InstaGrants.
‘No one is doing what they should be doing: Both industry and governments will need to significantly change their business as usual. Let us be very clear; not a single stakeholder group is currently doing what they should be doing to ensure farmers achieve...
