confectionery
BDSI survey shows German consumers have retained their love of confectionery
A new survey from Germany’s BDSI confectionery trade association has found that 89% of people in the nation continue to enjoy sweets and snacks as one of the joys of everyday life, reports Neill Barston.
Business news, Cocoa & chocolate, New products, Sustainability
Fairtrade Foundation welcomes government’s revamped climate goals
The Fairtrade Foundation has welcomed UK government policy to cut carbon emissions by 78% by 2035, delivering a first in including global aviation and shipping within its targets, reports Neill Barston.
Business news, Cocoa & chocolate, Processing, Regulatory, Sustainability
Hershey CEO hails key improvements with first quarter results
The CEO and president of Hershey, Michele Buck, has hailed ‘broad-based growth’ in its first quarter results delivering reported net sales up 12.7% to $2.3 billion for the period, writes Neill Barston.
Business news, Cocoa & chocolate, Processing, Regulatory, Sustainability
Olam Food Ingredients acquires US seasoning business Olde Thompson
The global Olam Food Ingredients (“OFI”) business has confirmed acquisition of US private label spices and seasonings manufacturer Olde Thompson at an enterprise value of $950 million, reports Neill Barston.
Ferrero pushes forward with dairy supply chain sustainability programme
Ferrero has revealed its ongoing work to create a ‘dairy sustainability roadmap’ for its supply chains for its confectionery operations, including an insights programme developed with FAI Farms, reports, Neill Barston.
Business news, Cocoa & chocolate, Food safety, Ingredients, Processing, Regulatory, Sustainability
Mondelēz records key revenue upturn despite covid trading challenges
Mondelēz International’s first quarter results for 2021 have shown the global snacks and confectionery firm increased net revenues by 7.9% to $7.2 billion, revealing a continued upturn despite continuing pandemic conditions, reports Neill Barston.
Business news, Cocoa & chocolate, Packaging, Processing, Regulatory, Sustainability
Baker Perkins and Rousselot unveil new ‘gummy cap’ functional confectionery
UK-based equipment business Baker Perkins and Rousselot have unveiled a new form for functional confectionery with a new format – the gummy cap, featuring active ingredients within a liquid or gel filling of gummies, writes Neill Barston.
Nestlé draws major concern from unions over plans to cut 573 UK jobs
Nestlé’s UK division has confirmed that up to 573 jobs are at risk in the business as part of a major reorganisation of its British confectionery manufacturing – including closing its Fawdon site, writes Neill Barston.
Business news, Cocoa & chocolate, Processing, Regulatory, Sustainability
Nestlé confectionery sales rise despite pandemic
Nestlé has recorded increased revenues from its confectionery division, recording CHF 1.7 billion in sales for its latest quarter, against 1.63 billion for the same period in 2020, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Regulatory, Sustainability
Tate and Lyle makes major progress on emissions targets
Ingredients group Tate & Lyle PLC (Tate & Lyle), has reported major sustainability gains, exceeding its 2020 environmental greenhouse gas emissions reduction targets, reports Neill Barston.
Business news, Ingredients, New products, Regulatory, Sustainability
Pandemic further postpones 2021 Cocoa Association of Asia conference
With the coronavirus pandemic still impacting notably around the world, the Cocoa Association of Asia (CAA) has confirmed the CAA International Cocoa Conference scheduled for this year, will be postponed further until 2022.
Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Sustainability
Thanks to our global subscribers – we hope to welcome even more in 2021
This week’s blog entry offers a simple note of thanks to all our subscribers who are a vital part of our ongoing coverage of the confectionery sector and its related markets.
Business news, Cocoa & chocolate, Food safety, Ingredients, New products, Packaging, Processing, Regulatory, Sustainability
Ghana’s COCOBOD raises prospects for African markets, and cracks down on illegal mining
The chief executive of Ghana’s Cocoa Board (COCOBOD) Hon Joseph Boahen Aidoo has called on local cocoa processors and chocolatiers to take advantage of the trade opportunities in Africa, facilitated by the African Continental Free Trade Agreement, (AfCFTA).
Business news, Cocoa & chocolate, Ingredients, New products, Sustainability
Tony’s Chocolonely expands with Netherlands acquisition of Althaea-De Laet Int factory
Premium chocolate brand Tony’s Chocolonely has expanded its operations after acquiring Althaea NV and De Laet International NV, forming the chocolate factory Althaea-De Laet Int, reports Neill Barston.
Business news, Cocoa & chocolate, New products, Processing, Regulatory, Sustainability