Chocolate firms in Asia need to pay attention to the areas of home baking, healthier options, and affordability as key focus areas in order to achieve post-COVID-19 success in the region.
The Cocoa Association of Asia (CAA) has launched its first Cocoa Trading Programme in a bid to attract new recruits into the region’s burgeoning industry.
The Cocoa Association of Asia (CAA), the leading Cocoa Association in Asia for both cocoa and chocolate companies, is hosting a live forum - Will Cocoa Demand Grind to a Halt? - on October 16, 16:00 Singapore time.
Group said it has reinforced its commitment in the Asia Pacific market by expanding its production at its Singapore facility by adding a fourth chocolate line.
The use of cocoa in plant-based NPD, adventurous flavour combinations, the popularity of single origin products and ‘healthier’ products are gaining momentum in Asia’s cocoa market.
Cocoa Association of Asia (CAA) has announced the postponement of its International Cocoa Conference, due to be held in Singapore on 26 to 27 March due to the global coronavirus epidemic.
Expected to open in mid-2020, the supplier broke ground this week on the Baramati facility, which will produce 30k tons of chocolate and compound annually.
The market will increase at a CAGR of 2% thanks to diversification and interest in premium, high-end and indulgent white chocolate products, according to a Technavio report.
With Asia’s interest in cocoa and chocolate at an ‘all time high’, Olam Cocoa has identified three key factors fuelling the region’s rising demand which looks set for continued increase across the next five years.
Aldomak, which makes fudge and macaroons and supplies supermarkets with a range of confectionery and oat-based products has won its first order from a retail chain in Abu Dhabi.
The World Cocoa Foundation (WCF) has appointed its next full-time president, while Cargill has named a new global head of its cocoa and chocolate businesses.
Russian chocolate-maker Goldberg is planning to establish a factory in the UAE, as it targets the Middle East and North Africa as its first major export market.
Secomak, which solves moisture related issues for customers including Coca-Cola, Nestlè, Danone and PepsiCo, is seeing a growing demand for its drying technology for the confectionery and dairy industry in the Middle East.
Multinationals chocolate companies and the public and private sector will come together this week to assess the future of cocoa sustainability in Asia and how to capitalize on rising chocolate demand in the reg
Tate & Lyle used the recent Food Ingredients-Asia trade event in Jakarta as a springboard for its mounting ambitions in the country of 250 million people as well as other parts of Asia. Fibre and low-calorie sweeteners for weight control were a big...
A novel lollipop shape featuring two hard candy balls allows confectioners to combine colors and flavors in a single product and could prove popular in Asia, says equipment supplier Baker Perkins.
Booming demand from the growing middle classes in emerging markets mean confectionery industry investments in processing and packaging equipment will grow 4% to 5% annually, according to a report by processing and packaging association PMMI.
Consumers in emerging markets are more receptive to new chocolate products than counterparts in established markets because they don’t have a point of reference, according to ADM Cocoa’s innovation chief.
Asia’s cocoa grind for the third quarter has remained essentially flat compared to last year after growth in the previous two quarters, figures released yesterday show.
Surging demand for natural colours, ongoing emerging markets growth, coupled with steady performances in core cheese, meat and cultures and enzymes businesses has delivered healthy Q3 results for Chr Hansen.
A consecutive deficit in 2012/13 is set to move cocoa prices higher as supply struggles to meet rising demand for chocolate products in Asia, according to financial services group Rabobank.
Market Expansion Services group DKSH has opened a new innovation centre for confectionery and bakery ingredients in Taiwan to cater to the unique flavour preferences in the country.
Huhtamaki has announced it is to close a flexible packaging plant in New Zealand over concerns around its operational efficiency and competition in the national market.
German confectionery machinery suppliers grabbed 25 per cent of the total global sales in the sector last year with sustainability in utility consumption the key innovation driver, according to the VDMA, the German food processing and packaging machinery...
Latin America and Asia led the way with strong sales for Givaudan’s flavour division in 2009, prodding it towards 1.9 per cent sales growth in local currencies in a tough year for industry.
Swiss firm Nestle ranks second in terms of innovation targeted at Asia's emerging markets, claims a fresh 'business vitality' index from the Global Intelligence Alliance Group (GIA).
Swiss chocolate company Barry Callebaut is to purchase a 60 per
cent share of Malaysia's KL Kepong Cocoa Products in a move
designed to increase its sourcing capacity in Asia.
US-based chewing gum firm Wrigley today posted full
year growth in both operating profit and margins, thanks to
international and developing market sales.
Barry Callebaut reported increased sales volume for the first
quarter of this fiscal year as a result of a mounting trend for
food manufacturers to outsource their chocolate needs.
Cadbury Schweppes today reported an operating profit decline
of 6 per cent to £180m in the first-half of the year,
particularly due to high input costs and restructuring costs.
Cadbury Schweppes says that it is unlikely to be able to deliver
margin growth within the company's goal ranges for 2006, though US
gum sales have been strong.