markets
Industry research reveals global chocolate market nears $90 billion mark
The international chocolate confectionery market has been put at a value of $89.21 billion in 2021, according to latest analysis from ResearchAndMarkets.com.
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Sustainability
Koelnmesse chief operating officer Oliver Frese anticipates ISM and ProSweets
Q: It’s now been two years now since we last saw ISM and ProSweets staged due to the pandemic, so how special will that make the 2022 edition of these events?
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Sustainability
Mondelēz completes deal for Greek snacks business Chipita Global
Global confectionery and group Mondelēz International has confirmed completion of its deal to buy Greek-based business Chipita Global, specialising in baked snacks and croissants, reports Neill Barston.
Global Halloween celebrations gather pace with a frighteningly strong array of treats this season
Frighteningly fantastic final preparations are coming together for this year’s Halloween celebrations this weekend, with events and limited edition confectionery set to form part of events around the world writes Neill Barston.
Business news, Cocoa & chocolate, New products, Regulatory, Sustainability
Downward pressure on Ivory Coast cocoa prices contrasted by Ghana’s stability
The International Cocoa Organisation’s latest monthly market analysis has highlighted the reduced ‘farm gate’ price being paid to farmers in Ivory Coast, wiping out the effect of the recently introduced Living Income Differential scheme supporting producers, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Cocoa Association of Asia special focus interview
Confectionery Production editor Neill Barston exclusively interviews Alvin Lee, of Cargill, as the newly elected chairman of the Cocoa Association of Asia, on taking up the role, and key personal and industry challenges for 2021.
Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Regulatory, Sustainability
Iba Connecting Experts virtual event reveals impact of covid pandemic on bakery sector
The IBA Connecting Experts online event has highlighted key impacts on the European and US bakery market as part of its sessions ahead of the major industry event taking place this October in Germany, writes Neill Barston.
Business news, Ingredients, New products, Processing, Regulatory, Sustainability
Lindt & Sprüngli targets renewed growth after 2020’s market turbulence
The Lindt & Sprüngli group has released its latest annual results for 2020, with reported sales of CHF 4.02 billion, down 6.1% year-on-year, as the business adapts to ongoing coronavirus pandemic challenges, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Sustainability
NCA projects hope for confectionery markets with its State of Treating report
A major upturn in online trading for US confectionery companies was highlighted among the key findings revealed in the National Confectioners Association’s annual State of Treating report, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Sustainability
Hershey extends its Cocoa For Good sustainability scheme
The US-based Hershey Company has moved to expand its Cocoa For Good venture, with a commitment to 100% direct-sourced cocoa in high-risk areas on its key African supply chains by 2025.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Confectionery consultant oversees UK style fudge production in Saudi Arabia
UK confectionery specialist Andy Baxendale has been commissioned to oversee a project manufacturing British-style fudge in Saudi Arabia.