economy
Market challenges arising from the pandemic, Brexit and Ukraine war impacted growth, says FDF report
Anticipated further market uncertainty from Brexit, the pandemic and the ongoing war in Ukraine, have been highlighted as holding back many industry manufacturers in the UK, including within confectionery and snacks categories, according to the latest State of Industry report from the Food and Drink Federation, reports Neill Barston.
Business news, Ingredients, New products, Regulatory, Sustainability
Further government delays on banning two-for-one product deals set to impact nation’s health
There is little doubting the fact that a renewed surge in demand for better-for-you product options, including within confectionery and snacks ranges, appears to be showing no sign of slowing any time soon, as shoppers become ever more savvy about their dietary intake.
Business news, Cocoa & chocolate, Food safety, New products, Processing, Regulatory
UK government ban delays on multi-buy packs greeted with major concern from health campaigners
A UK government decision to further push back its childhood obesity strategy by an additional two years in banning ‘two for one’ promotional deals on product ranges including confectionery and snacks has drawn key concerns raised from national health campaigners and charities, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Regulatory, Sustainability
UK food and drink manufacturing endures challenging period
The latest industry results for UK manufacturing within the food and drink industries, which includes snacks, bakery and confectionery markets, showing that jobs figures for the quarter are down is a concerning factor indeed.
Business news, Cocoa & chocolate, Ingredients, Processing, Sustainability
Troubling times in Germany, as BDSI reveals extent of country’s confectionery crisis
Emerging news from Germany that businesses in the confectionery sector face the prospect of crippling 750 per cent energy bill rises next year is indeed a particularly disturbing development.
Confectionery sector faces turbulence from key inflationary pressures
With market turbulence continuing to dominate many headlines around the world, latest analysis from GlobalData revealing that the chocolate and wider confectionery market remains notably vulnerable to inflationary pressures is a concerning prospect for the sector.
Upturn in Germany’s confectionery sector hindered by ongoing major sector challenges
The latest assessment by German trade body BDSI on the nation’s confectionery sector showing a slight increase in sales against an array of business challenges is undoubtedly to be cautiously welcomed as a barometer for wider market conditions.
Business news, Ingredients, New products, Regulatory, Sustainability
International Cocoa Organisation welcomes Colombia into its membership
The International Cocoa Organisation has confirmed that it has completed a two-year process to appoint Colombia as a full member country, as it continues its mission to support sustainability within the sector, writes Neill Barston.
Business news, Cocoa & chocolate, Regulatory, Sustainability
Food and Drink Federation offers cautious welcome to Chancellor Rishi Sunak’s latest UK budget
The UK’s Food and Drink Federation (FDF) has offered a cautious welcome to chancellor Rishi Sunak’s autumn budget today, which promised support for many areas of the economy with a spending round totalling £150 billion, reports Neill Barston.
Business news, Food safety, Ingredients, New products, Packaging, Processing, Regulatory, Sustainability
Focus: While the confectionery sector remains resilient, barriers to industry recovery still exist
Despite confectionery markets having proved relatively resilient amid the pandemic, notable barriers to recovery remain, as reporter Nicholas Wallace writes
Business news, Cocoa & chocolate, Food safety, Ingredients, New products, Packaging, Processing, Regulatory, Sustainability
Pressure on manufacturing a key headache for UK chancellor Rishi Sunak’s latest budget
With the ongoing coronavirus continuing to affect markets around the world, the fact job losses, uncertainty and business disruption remain a factor in the industry and all areas of the economy, is unfortunately not unsurprising.
Business news, Cocoa & chocolate, Packaging, Processing, Sustainability
Focus: Exploring a year in the life of a new cocoa farm in Ghana
Editor Neill Barston speaks to Marc Jean-Baptiste (left of pic, below), a high school teacher from Boston, US, on establishing a project in Eastern Ghana, working with a small team of five, who have operated a new cocoa farm for the past year. He discusses the state of the cocoa sector in the West African nation, as well as plans for the upcoming living differential payments being unveiled for farmers from this autumn in a drive for greater sustainability within the key cocoa sector.
Business news, Cocoa & chocolate, Ingredients, New products, Regulatory, Sustainability
Food and Drink Federation welcomes support but warns of key challenges ahead
The UK’s Food and Drink Federation has welcomed government support for the sector amid the coronavirus pandemic, but has warned greater assistance will be needed for hard-hit businesses. Neill Barston reports.
Business news, Cocoa & chocolate, Food safety, Ingredients, New products, Regulatory, Sustainability
UK Manufacturing Barometer reveals ongoing coronavirus concerns for British firms
A key sector survey has found that UK manufacturing businesses, including those operating within confectionery, snacks and bakery markets, require greater and faster support from government amid the coronavirus crisis.
Business news, Cocoa & chocolate, Food safety, Ingredients, Packaging, Processing, Sustainability