With cocoa butter and palm oil production dogged by rising costs and environmental concerns, alternative fats and oils are filling the void. Here’s what manufacturers need to know
Nestlé is striving to make its cocoa traceable right back to the farm. Can the multinational give consumers confidence they’re eating sustainable cocoa?
Commodity exchanges influence prices of key foods and ingredients on all levels of the supply chain. But how close is the link between the commodity exchange, and the commodity itself?
A new report sheds light on the urgent need to address critical environmental, poverty and child labour issues in cocoa, particularly those in indirect supply chains
Barry Callebaut, which describes itself as the ‘heart and engine of the chocolate industry,’ has claimed notable advances in sustainable cocoa farming and deforestation prevention in Côte d'Ivoire and Ghana.
Ferrero said the release of its 15th Sustainability Report demonstrates considerable progress across its key sustainability pillars: protecting the Environment, Sourcing Ingredients Responsibly, Promoting Responsible Consumption, and Empowering People.
The latest CN webinar on sustainable cocoa supply chains asked the question: should the industry adopt a more responsible approach to procurement when sourcing cocoa beans and other ingredients?
An investor letter issued earlier this month by non-profit Investor Advocates for Social Justice (IASJ) has called out international chocolate companies to end what it described as “exploitative purchasing practices,” mainly in Ghana and Côte d’Ivoire.
By developing a chocolate bar using not only the cocoa bean but the pulp and endocarp as well, a new study aims to create a more sustainable form of chocolate.
Luker Chocolate, the premium Colombian Business-for-Business (B4B) chocolate manufacturer, has revealed significant progress towards Its 2027 sustainability targets, including increasing income for farmers, social wellbeing, and deforestation-free cocoa.
In a major update, Nestlé says its income accelerator programme is helping cocoa farmers substantially improve cocoa productivity and increase their net income.
The Hershey company reported an uptick in sales, income, and earnings per share when it announced net sales and earnings for the first quarter ended 31 March, 2024.
After a topsy-turvy week, world cocoa prices recovered on Tuesday after registering losses of more than 20% the prior week, but the market is still struggling with a lull in trading.
Dutch disruptor brand Tony’s Chocolonely is partnering with Oxfam and Glastonbury for a second year to raise money to fight poverty by launching limited edition bars that offer fans the opportunity to win tickets to the legendary arts and music festival.
‘Beleaguered’ is perhaps too strong an adjective to describe the forthcoming European Union Deforestation Regulation (EUDR), but when the bloc’s Director General for Trade goes on record as describing its current state as "extremely burdensome,"...
Barry Callebaut, the world’s largest chocolate supplier, has launched the Future Farming Initiative (FFI) to build a high-tech and sustainable cocoa farming business under the leadership of Steven Retzlaff.
Cocoa grinding in Germany remained positive in the first quarter of 2024, the Association of the German Confectionery Industry (BDSI) reported, but the rest of Europe remains sluggish.
The new Fairmade label has announced a collaboration at the Farm Shop & Deli show in Birmingham, England, to highlight a more equal business model for African products.
With the new European Union Deforestation Regulation on the horizon, should the industry adopt a more responsible approach to procurement when sourcing cocoa beans and other ingredients? Sign up for our free webinar to discuss!
An investigation by Initiatives for Community Development and Forest Conservation (IDEF) has revealed that some cocoa beans exported from Cote d'Ivoire to the EU originate from deforested land in neighboring Liberia.
Against a backdrop of cocoa topping $11,000 per metric ton on the futures market for the first time last week, Oxfam says its experts will be highlighting the discrepancies in farmgate price at this week’s World Cocoa Conference (WCC) in Brussels (21-24...
Climate change will affect many industries, but few more than cocoa. While farmers on the ground struggle with fluctuating climatic conditions changing working practices, large companies grapple with environmental regulation.
The Rainforest Alliance will outline its plans for greater collaboration in the chocolate industry at the World Cocoa Conference in Brussels next week.
A new video produced by the African Cocoa Marketplace (ACM) reveals the plight of cocoa farmers in West Africa who struggle to grow enough beans to earn a living.
Market update: Analysts have described the upward trajectory of cocoa prices as ‘parabolic’ as cocoa futures rose another 2.7% to a new record of $10,760 a ton in New York on Monday (15 April) before falling back to £10,000 a ton after the dollar index...
Global cocoa and ingredients company Cargill has announced a new commercial partnership with Voyage Foods to produce alternatives to cocoa-based products and nut spreads without using cocoa, peanuts, and hazelnuts.
While there is no indication the world is not about to run out of chocolate any day soon, there are concerns from manufacturers and suppliers that the current high prices and shortage of cocoa beans will push up costs further and, in some cases, restrict...
Barry Callebaut, the world’s largest cocoa and chocolate supplier, reported a sales rise of 11% to 4.6 billion CHF ($5.09bn) compared to last year, but one-off expenses caused by its transformation plan amounted to a lower-than-expected half-year profit.
Dutch sustainable chocolate brand Tony’s Chocolonely has announced Waitrose has become a ‘Mission Ally’ and the first UK-owned retailer to join its unique sustainability supply chain.
A multi-stakeholder initiative has been launched in Ghana to ‘end child labour in all its form,’ by eradicating its root causes, and coordinating ongoing efforts along Sustainable Development Goals (SDGs).
The World Cocoa Foundation (WCF), along with other industry stakeholders, has launched groundbreaking methodology for accurately measuring cocoa household and living incomes.
Ghana will follow Cote d’Ivoire and raise the fixed farmgate price paid to cocoa farmers by up to 50%. The announcement could be made as early as the end of this week, ConfectioneryNews understands.
Tony's Chocolonely has significantly impacted the US market since launching in 2022, attracting fresh investor interest and an expanded retailer presence.
UK Cocoa and ingredient supplier Henley Bridge has announced record profits and an expansion to its senior management team in a push for further volume growth.
Similar to the European Union's deforestation measures to tackle deforestation linked to commodity imports, the UK government has announced a new global deforestation law, but Fairtrade is concerned about the extra costs to farmers.
Cote d’Ivoire President Alassane Ouattara has personally authorized the increase of the cocoa farmgate price to 1,500 CFA francs ($2.47) per kg from the current 1,000 CFA in an official announcement made today (Tuesday, 2 April) in Abidjan.
