Ferrero is set to overhaul the recipes of Butterfinger and Crunch bars after creating a new business unit by merging its recently acquired Ferrara and Nestlé’s US candy portfolio later this year.
The National Confectioners Association (NCA) has named the most innovative product award winners of 2018 at the Sweets and Snacks Expo in Chicago (May 22-May 24, 2018).
Turkey has become Nestlé’s fastest growing market in the Middle East, Europe and North America, with the firm set to plough in TRY 100m (US$22m) to expand capacity and build new plants.
Hershey is rumored to be selling Golden Monkey to China’s state-owned food processing company COFCO as early as next month, but it has declined to comment on the speculation.
Nestlé has agreed to sell its Serbian chocolate brand Cipiripi to Paraćinka, a member of Silbo distribution group, as part of its ‘ongoing portfolio review.’
Mondelēz's deal to buy New York-based Tate’s Bake Shop for $500m could soon be followed by more acquisitions in the premium snacks space, says one Edward Jones analyst.
Lindt is heading to the Tax Free World Association (TFWA) Asia Pacific Exhibition & Conference 2018 in Singapore this week with a range of customized chocolates for Asian travelers.
Mars Wrigley Confectionery aims to triple the global cocoa production volume in the next decade partly through developing better disease-resistant varieties, Frank Mars, member of the company's Board of Directors, recently said at the World Cocoa...
The president of the World Cocoa Foundation and Mondelēz’s Cocoa Life director discuss how the chocolate industry will tackle calls to guarantee cocoa farmers a living income.
Hershey’s CEO Michele Buck recently said the US snacking market, especially the categories the company participates in – confections, salty snacks and meat snacks – remain robust.
Cadbury will partner with Merlin Entertainments for the third year in row this summer to offer free tickets to UK attractions, including Legoland and Windsor Resort, through on-pack promotions.
Mondelēz, Cargill, Nestlé and Tony’s Chocolonely will discuss progress and challenges in implementing Child Labor Monitoring & Remediation Systems (CLMRS) in cocoa communities at a panel during the World Cocoa Conference.
Susquehanna International Group (SIG) said the robust chocolate industry will likely turn Hershey’s business around later this year even though the company is among ‘the worst performing CPG stocks in the last three months.’
Cult lollipop brand DeBeukelaer has signed a licence agreement with Chupa Chups to fill its refreshment sticks with two liquid strawberry and apple flavors, covered in dark chocolate.
Cocoa Life will start preventing child labor from Mondelēz’s cocoa farms in Côte d'Ivoire through its Child Labor Monitoring & Remediation Systems (CLMRS), after the program reached more farmers in 2017.
Nestlé wants to make 100% of its packaging recyclable or reusable by 2025. The company says its ‘clear announcement’ demonstrates its commitment to ‘minimise’ the impact of packaging on the environment but critics argue a more radical approach is necessary.
Hershey will release its first edible glitter-sprinkled gum in the US under its Ice Breakers brand starting April 15, 2018, as it believes the sparkle trend will sweep the food industry in 2018.
Nutella maker Ferrero has completed the acquisition of Nestlé’s US confectionery business, including more than 20 of its brands such as Butterfinger, BabyRuth, Crunch, and SweeTarts.
Mintel says mass produced chocolate brands such as Mars and Hershey are losing market share to imported premium chocolate brands in China primarily due to lack of innovation.
Environmental nonprofit Mighty Earth has found large chocolate companies have made 'very strong' commitments in policy and practices to reduce deforestation on their cocoa farms in Ghana and Côte d'Ivoire but the level of engagement does...
Nestlé will launch Milkybar Wowsomes exclusively in the UK and Ireland in the coming weeks with 30% less sugar than other chocolate products in its portfolio.
Mondelēz will close two manufacturing plants in Brazil (Bauru and Piracicaba, São Paulo) by the end of 2018, and transfer their production to two other facilities in the country.
Ferrero Group has closed its fiscal year 2017 with a consolidated turnover of €10.5bn ($12.96bn), an increase of 1.5% compared to the previous year at €10.3bn ($12.72bn).
Ferrero has disclosed the locations of 116 palm oil mills across the globe, shortly after the publication of a report by environmental group Greenpeace.
Responding to a new report from Greenpeace, confectionery giant Hershey has named its palm oil suppliers, and has revealed that it has mapped almost 100% of palm oil supply chain to the mills, and approximately 14% to the plantations.
Nestlé has relaunched orange Smarties hexatubes in the UK and Ireland for spring after its orange Smarties giant tube received ‘overwhelming consumer response’ last year.
Snacking is emerging as 'a new eating ritual' in France but is not breaking down traditional meals, according to a survey by snack manufacturer Mondelez.
The UK government is exploring the environmental impact of ‘single-use plastics’ and potentially considering taxes, but is yet to determine if chewing gum will be included.
Chocolate confectionery in the US is resilient to health and wellness trends and remains attractive to investors, according to an analyst at investment group Susquehanna International Group (SIG).
