Cocoa & chocolate
Nestlé confirms price rises amid strong half-year performance figures
Nestlé is the latest of the ‘big six’ confectionery groups to reveal its half-year figures, with total sales increasing by 9.2% for the period, to CHF45.6 billion, as the business notes price increases of 6.5% for its ranges, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Regulatory, Sustainability
Ferrero’s US division names Alanna Cotton as new regional president and chief business officer
The Ferrero Group’s US division has confirmed Alanna Cotton to the key regional position of president and chief business officer of Ferrero North America, reports Neill Barston.
Lindt & Sprüngli records key half-year upturn with major share buy-back scheme
Premium Swiss chocolate business Lindt & Sprüngli has reported a resilient performance for the first half of 2022, delivering a 12.3% sales increase to CHF 1.99 billion, in addition to a 33.4% boost to its operating profit, totalling CHF185.2 million, writes Neill Barston.
Cocoa & chocolate, Ingredients, New products, Sustainability
Innova Market Insights: World Confectionery Conference interview
Returning as one of our keynote speakers for this year’s World Confectionery Conference is an experience that Myrthe de Beukelaar, a senior associate with Innova Market Insights, is keenly anticipating. Editor Neill Barston quizzes her major trends ahead of our key industry event taking place in Brussels this September
Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Sustainability
Mondelēz International reports quarterly growth driven by strong biscuit and chocolate sales
Mondelēz International has recorded a strong sales upturn, with its second quarter results delivering $7.3 billion net revenues, up 9.5% year-on-year, with its chocolate and biscuit interests delivering key growth, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Regulatory, Sustainability
UK luxury confectionery manufacturer Bon Bon’s expands to new production facilities
A sustained period of growth for UK luxury confectionery business Bon Bon’s has enabled its relocation to an expanded new site at Moorside Business Park in Tockwith, Yorkshire, reports Neill Barston.
Business news, Cocoa & chocolate, New products, Sustainability
Significant €50 million investment sees Veracruz Almonds expand European operations
Portugal-based Veracruz Almonds has gained a valuable GlobalGAP seal of excellence, as it expands its operations with plans for a €50 million new production facility, with popularity of the nut variety remaining high within confectionery ranges, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Sustainability
Firmenich fragrance and flavours set to progress DSM nutrition merger plans
Major fragrance and Flavour group Firmenich is progressing its plans to merge with health-based product business DSM to form a new key partnership in nutrition, beauty and wellbeing.
Hershey records second quarter growth, despite supply chain and ingredients challenges
Hershey has reported sales growth for the second quarter of its financial year, with net sales of $2.34 billion for the period, representing a 19.3% increase, despite a backdrop of challenging wider market conditions, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Regulatory, Sustainability
Barry Callebaut unveils location for its multi-million new Canadian chocolate processing site
Barry Callebaut has confirmed the location for its major new $104 million Canadian chocolate factory, which will be created at Bowery Road, Brantford, Ontario, reports Neill Barston.
Business news, Cocoa & chocolate, New products, Processing, Regulatory, Sustainability
Mondelez engages with UK schools as as part of its Health for Life wellbeing initiative
Mondelez International has engaged with UK primary schools in the Midlands area to celebrate their commitment to helping improve lifestyles, as part of the Health for Life initiative.
Business news, Cocoa & chocolate, Ingredients, Sustainability
Ferrero’s Kinder Bueno marks summer road trip season with fresh campaign
The classic heritage of American roadtrips is being celebrated by Ferrero’s Kinder Bueno with the launch of its “Summer Gets Bueno,” programme designed to aid travellers enjoy a treat while filling up for their journey, writes Neill Barston.
Business news, Cocoa & chocolate, New products, Sustainability
Nestlé claims first with debut Nescafé coating for ice cream series
A notable breakthrough from Nestlé has been unveiled for the ice cream sector with the company set to create a buzz with the first product launch featuring Nescafé coffee coating.
Business news, Cocoa & chocolate, Ingredients, New products, Sustainability
Givaudan, Bühler, and Cargill combine for new Brazilian food tech hub
Givaudan, Bühler, and Cargill have confirmed a collaboration with Food Tech Hub Latam and the Institute of Food Technology (ITAL), to build a food innovation centre in the city of Campinas, recognised as Brazil´s tech powerhouse.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability