Cadbury owner Mondelez International has entered a joint venture to expand distribution in Saudi Arabia, which it calls an “important and strategic market” in the region.
The chocolate industry is behind in tackling some cocoa supply issues and must work more closely to avert shortages, according to Mars’ head of sustainability.
Barry Callebaut has acquired Sweden’s ASM Foods from Carletti and has taken over additional operations from Carletti in Demark to up its production capacity in Scandinavia.
Euromonitor International is predicting that demand for cocoa products will not outstrip supply by 2017, contrary to the International Cocoa Organization’s (ICCO) forecasted cocoa deficit.
UK premium chocolate firm Thorntons has restored sales growth in its second quarter trading update as its focus shift from own-stores to commercial sales pays dividends.
An analyst from Rabobank expects the European cocoa grind to pick up this year after data released today showed 2012 figures were the lowest in seven years.
Lindt & Sprüngli recorded strong sales growth in 2012 and could prove an attractive “end game” acquisition for fellow Swiss confectioner Nestlé, according to one analyst.
Wrigley UK is expecting an additional £12m ($19.3m) in sales by introducing smaller sized bottle packs for chewing gum that are more affordable for consumers.
Bristol couple Ian and Ruth Yard sold their food retail outlet and invested the £250,000 in setting up their first factory manufacturing Ooh! Chocolata chocolate bars.
Good Cacao CEO talks to ConfectioneryNews.com about boosting the appeal of healthy chocolate, the functional ingredients to look out for in 2013 and challenges in formulation.
Recent research shows that the color of beverage containers influences consumer enjoyment, with results indicating that orange and dark-cream colored cups enhanced the flavor, sweetness and aroma of hot chocolate.
Premium chocolate will help the Ukrainian confectionery market return to growth despite sugar confectionery currently proving the more popular category, according to an analyst Leatherhead Food Research.
Chocolaterie de Bourgogne, a new company formed from Barry Callebaut’s sale of its last consumer goods factory, speaks exclusively to ConfectioneryNews.com about the firm’s inauguration, its priorities for 2013 and a recent bomb threat at its factory.
Lindt and Haribo’s trademark battle over golden bears in Germany will drag on until a Supreme Court decision despite yesterday’s ruling in favour of Haribo, sources told this site.
There is no end to the possibilities of functional chocolate bar development and firms must specialize to succeed in a sector dominated by big players, a Herza Schokolade product developer says.
Lindt & Sprüngli's US subsidiary Ghirardelli Chocolate is facing a class action lawsuit over allegations that five of its products purported to contain white chocolate mislead consumers by containing none.
The Hershey Company has joined the advisory council of a new non-profit organization – the Sustainability Accounting Standards Board (SASB) - that aims to develop industry-wide standards on sustainability.
Consumers have high expectations of chocolate in terms of taste and mouthfeel – so how easy is it to tinker with chocolate formulations to create an indulgent product that also appeals to the health conscious consumer?
Mondelez International, Nestlé, Ferrero and Mars have all signed the Abidjan Cocoa Declaration and pledged to create a sustainable cocoa industry that guarantees a fair deal for farmers.
The German Confectionery Association (BDSI) has said that chocolates in advent calendars pose no health risk after a consumer group linked products to ‘cancerous’ mineral oils.
Potentially cancerous mineral oils have been found in advent calendar chocolates including ones from Nestlé, Mondelez and Lindt, leading a consumer group to call for manufacturers and packaging firms to change packaging inks and machine lubricants.
ConfectioneryNews.com presents an interactive map of the fastest growing and fastest falling chocolate markets in the world over the past five years complete with analysis from Euromonitor International.
Mondelez International-owned Cadbury has filed a patent for a chocolate that can tolerate hot climates by re-refining the chocolate after the conching step.
Consumers in Portugal are turning their backs on branded chocolates in favor of supermarket brands as the domestic economy bites, according to the CEO of Portuguese confectioner Imperial-Produtos Alimentares.
Confectioners are vigorously innovating to build market share in the developing Asian market. We take a look at some of the latest products to hit Asia.
Confectionery downsizing was a big contributor to higher UK consumer prices in October, according to figures from the Office for National Statistics (ONS), as big players like Mars, Mondelez and Nestlé cut chocolate pack sizes.
Chocolate manufacturers can grow further in India with premium products after already opening up the market to low-income consumers, according to an analyst.
Singapore-based Petra Foods has posted sales and profit declines in the third quarter (Q3) as it complained of weak global demand for chocolate that halved profits in its cocoa ingredients division.
The Hershey Company has reported a profit drop in its third quarter (Q3) results after tax rate rises, commodity costs and charges related to supply chain efficiencies hit the company’s results.