Ubiracy Fonsêca, president of ABICAB, the Brazilian Chocolate, Peanuts and Candies Industry Association, has projected a positive outlook for 2019’s national confectionery market. Neill Barston meets him at ISM to discuss the fast-growing confectionery sector
The organisers of the Brazilian pavilion at this year’s ISM have reported the country’s strongest ever results at the event, with 17 companies generating a total of more than $6 million at the key trade fair.
The Brazilian pavilion at this year’s ISM trade fair at Cologne, Germany, has been expanded to include a total of 17 confectionery companies representing the country.
Olam International, the global cocoa and ingredients business, has reported a third quarter dip in profits, down 14.2% to $20.7 million and nine month profits down 13.6% to $272.6 million, which it attributed to ongoing challenging trading conditions.
Confectionery has an especially distinguished history in South America, though challenging economic conditions have affected some of its markets. Neill Barston reports
Mondelēz International has unveiled the expansion of its global cocoa sustainability initiative, Cocoa Life, in Brazil, aiming to create empowered and thriving cocoa farming communities, by helping farmers to become more profitable and stable with their production.
The organisers of the ISM international confectionery trade fair have confirmed next year’s event in Cologne, Germany, is set to be even bigger than ever with an additional hall dedicated to industry developments.
The Cargill group has unveiled $150 million investment plans for a HM pectin citrus texturiser production facility in Brazil, South America, which will have wide application use including for the confectionery sector.
An array of young industry talent from around the world will be competing at the Junior world championship of confectioners, being held at iba in Munich, Germany, for the first time.
Chocolatiers from around the world gathered at Claridge’s Hotel in the London, UK, this week to celebrate at annual Academy of Chocolate awards party.
Tackling major concerns over child labour and gender inequality, and an urgent need for greater overall support for farming communities formed some of the key themes of this year’s World Cocoa Conference. Neill Barston reports from Berlin.
A total of ten Brazilian companies participating in the Sweets and Snacks Expo (SNS) trade event in Chicago, secured $2.33 million in business, with a further $9.25 million expected over the next year.
The Brazilian confectionery, snacks and biscuits industry has participated in this year’s Sweets and Snacks Expo in the US with a renewed range of products.
Delivering sustainable crop yields was a key topic of discussion at the World Cocoa Conference. Mars was among those asserting significant breakthroughs on the issue. Neill Barston reports