StarChefs and the French chocolate maker – a chef favorite – challenged pastry professionals to create a plated dessert and petits fours recipe using its 46% milk chocolate from the Dominican Republic.
Grains such as quinoa, and cereals including corn flakes and rice puffs, are attracting attention globally as an ingredient or flavor in chocolate confectionery but not so much in Germany.
Retail value sales of chocolate confectionery in West African countries, like Nigeria and Cameroon, have experienced steady growth over the past five years, according to Euromonitor International.
Sales of cocoa-based products featuring a sustainable trade and farming label, such as Fairtrade, is set to be valued at $8.9bn in 2017, Euromonitor said.
The US chocolate confectionery market is set for a 1% volume decline between 2016 and 2021 as Americans’ GDP per capita is set to fall while the category is caught in an “anti-sugar crossfire”.
Oreo maker, Mondelēz, reported a 6.6% decrease in net revenues during its Q3 period, driven by “currency headwinds and deconsolidation of the company’s Venezuelan operations.”
Euromonitor International has pinpointed several promising chocolate markets that may help manufacturers offset slowdowns in traditional emerging markets such as China and Brazil.
By Pinar Hosafci, senior food analyst, Euromonitor International
Confectionery checkout bans will have limited impact on impulse buys in independent grocers and convenience stores, but chocolate companies may need to reduce reliance on countlines and diversify with tablets and even salty snacks to remain competitive,...
Latest innovations in the global chocolate market include beer and yogurt flavoured products and non-traditional flavours and textures, according to a new report by Mintel.
Barry Callebaut has outgrown the chocolate confectionery market in its half-year results, but its cocoa ingredients arm continues to be hampered by low cocoa ratios.
Chocolate manufacturers can grow further in India with premium products after already opening up the market to low-income consumers, according to an analyst.
Seasonal and chocolate box sales are projected to increase by 12.9 per cent between 2010 and 2015, growing to an estimated £4.1bn by 2015, according to a Mintel report.
While the food inflation rate continues to gallop ahead in the eurozone, observers speculate as to whether premium chocolate products could help confectionery firms ride the storm.
Mars, one of the most recognisable chocolate confectionery brands
in the world, has confirmed that UK production of its Twix and
Starburst brands is to be outsourced to Continental Europe, ending
weeks of speculation and axing 700...
Mars, one of the most recognisable chocolate confectionery brands
in the world, could soon have its UK production outsourced to
Europe following increasing competition in the domestic
confectionery sector and flagging overall sales...
