New initiative builds on other industry efforts to help cocoa farmers respond to coronavirus pandemic and is backed by more than 30 companies and organizations.
Cacao-Trace, Belcolade & Puratos’ sustainable cocoa sourcing programme, is ensuring its farmers are given financial help and practical support to hep fight COVID-19 in their communities.
The global sugar confectionery market size is anticipated to reach $69.5bn by 2026, growing at a rate of 4.3%, according to new research published by Polaris Market Research, as sugar stays stable on the commodity market.
Singapore dietary supplement firm Avida Health will be launching a chocolate ball functional food targeted at improving kids’ immunity amid the current COVID-19 outbreak.
Mondelēz International Inc shares rose 1.6% in extended trading Tuesday (29) as the company beat stock market estimates for quarterly results, driven by a surge in demand in its North American market.
Coronavirus is impacting the lead time for natural color and flavor suppliers with some trying to process as much raw material as possible to build up inventory while others are transferring production to other factories.
The Hershey Company has announced that it is committing $1m to acquire, install and staff a new manufacturing line dedicated to the production of facemasks in response to the coronavirus pandemic.
The review, developed in partnership with the Swiss Cocoa Platform and the Swiss State Secretariat for Economic Affairs (SECO), examines evidence of the impact of unexpected shocks that either increased or decreased incomes, as well as the effects of...
Hershey Co has announced it has withdrawn its full year financial outlook for fiscal year 2020 and has warned of weak sales in certain categories as households worried about their financial futures cut spending on snacks and chocolates.
As extensions and new inclusions have been made to many government-mandated social distancing policies, a majority of North American consumers indicate they expect the impact of COVID-19 will persist for up to six months, according to Nielsen.
Despite the current crisis, Sealpac wants to reassure customers it continues to project manage bespoke, full line site installations, is respond to emergency call outs and can provide quotes for new orders across it product range.
