US
Lindt shares dip following decision to cut guidance
Luxury Swiss chocolate maker Lindt & Sprüngli made the decision to cut its mid- to long-term sales guidance, saying the “environment remained tough”.
Aasted set to release breakthrough tempering system at ProSweets
Danish-based equipment specialist Aasted has confirmed that it will be launching its new StellaNova chocolate tempering system at this year’s ProSweets in Cologne.
Cargill puts forward plans to tackle deforestation in its cocoa supply chain
Ambitious plans have been put forward by global ingredients group Cargill, aiming to eliminate deforestation from its cocoa supply chain.
Business news, Cocoa & chocolate, Ingredients, Sustainability
Academy of Chocolate conference majors on tackling cocoa sustainability
Speakers from across the international confectionery industry gathered for the Academy of Chocolate’s main event of the year. Neill Barston reports
Business news, Cocoa & chocolate, Ingredients, New products, Sustainability
Guittard chocolates marks 150th anniversary with festive celebrations
US-founded confectionery business Guittard marked its 150th anniversary with Christmas celebrations in London that included a wide range of invited industry guests.
Almond Board of California invests $6.8 million into farming research
A major investment of $6.8 million is being made by US-based Almond Board of California (ABC) into 75 independent research projects exploring next-generation farming practices including optimal use of everything almond orchards grow.
Christmas confectionery marketing goes into overdrive
With deadlines looming for our festive edition of the magazine, this will be a relatively short, but hopefully sweet update from myself this week.
Nine inducted into the Candy Hall of Fame
The National Confectionery Sales Association (NCSA) inducted nine new members into the Candy Hall of Fame at its annual meeting this year.
Givaudan launches Mista – a new innovation platform for the food industry
International flavour and fragrance group Givaudan has launched Mista, a new innovation platform for the food industry that will enable start-ups and established corporations to optimise ideas, products, people and investments.
Business news, Cocoa & chocolate, Ingredients, New products, Processing
Study reveals almonds remain top ingredient for chocolate products
An international study has found that almonds have retained the top spot as the number one ingredient in consumers’ ideal chocolate products, selected by 42% of global respondents.
Natural flavours and colours proving major confectionery trends
Confectionery Production looks at the cutting-edge trends in colours and flavours for the bakery and confectionery sectors, and why the industry is saying “go natural, or go home”. Daisy Phillipson reports.
Montezuma’s confectionery gains major private equity investment
Premium confectionery business Montezuma’s has gained a major financial investment from Scottish-based private equity firm Inverleith LLP, a specialist in consumer brands investments.
UK confectionery consultant assists development of legal medicinal cannabis sweets
UK-based confectionery expert Andy Baxendale is assisting a firm in Oakland, California, US, to develop a range of legal medicinal cannabis sweets that will be launched within the state to complement the company’s existing series of products.
Global confectionery market set for sustained growth pattern
Figures for confectionery and gum buying rates for the top 10 highest consuming countries in the world are set to increase at growth rates of between 0.5 percent to 3.0 percent until the year 2022, according to Innova Market Insights.