forecasts

Industry study projects $66billion growth for global confectionery markets by 2027

Latest analysis of global confectionery markets has projected that the sector is forecast to grow by $66.29 billion during 2022-2027, accelerating at a CAGR of 5.02% during the period, according to Research and Markets studies, writes Neill Barston.

Business news, Cocoa & chocolate, Ingredients, New products, Regulatory, Sustainability

Cocoa sector projected to reach $79 billion in value within the next decade

A continued projection of growth for the global cocoa market has been forecast, with its present value of$48.3 billion projected to reach US$79 billion within the next decade, reports Neill Barston.

Business news, Cocoa & chocolate, Ingredients, Processing, Sustainability

ICCO expresses concerns over upcoming cocoa crops, with global production levels forecast for decline

The International Cocoa Organisation today has projected a notable 6% decline in global production of cocoa to 4.923 million tonnes for the 2021/22 season, amid major headwinds from the Russian invasion of Ukraine, trade disruptions and increased freight costs, writes Neill Barston.

Business news, Cocoa & chocolate, Processing, Regulatory, Sustainability

State of the Industry event shines a light on confectionery success

For the past few days in Florida, the US confectionery sector has gathered to celebrate its resilience in the face of challenging times on a global level.

Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Regulatory, Sustainability

Savvy internet retailers reveal growth in online sales amid pandemic market conditions

There is no getting away from the fact that internet retailing across a number of food market segments, including confectionery, has shown a notable upturn during the past financial quarter.

Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Sustainability

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