Futures exchange company CME Group has made a “strong commitment” in the cocoa market and plans a new contract to rival the IntercontinentalExchange Group (ICE).
Japan has a reputation for food innovation, and a new initiative by Nestlé will transform one of its iconic chocolate bars into currency for train travel while at the same time promoting a crisis-hit part of the country.
Fairtrade certified cocoa farmers spend 36% of their premiums on increasing productivity and cocoa quality – far above Fairtrade International’s suggested 25% minimum, a report from the organization reveals.
Pecan Deluxe Candy (Europe) has invested in a €300,000 Yamato multihead check weigher, which can operate up to 100 bags per minute, to meet increasing demand for inclusions in products such as ice cream, desserts, cookies and donuts.
Exploring the mechanisms controlling acetate formation during cocoa fermentation may help identify the best starter cultures to optimize flavor attributes, according to a team of scientists supported by Nestlé.
The International Cocoa Organization (ICCO) has estimated a cocoa surplus for the current crop year, but said the market would return to a small deficit next year.
Oils and fats company AAK will have pumped around £30M into its production facilities by the end of the decade as part of a continuing investment programme to improve its production capabilities.
Poland’s confectionery market survived the recessionary storm virtually unscathed and continues to buck the trend despite its shrinking population, according to Leatherhead Foods, principal market analyst, Jonathan Thomas.
Fair Trade USA and UTZ Certified are piloting a collaborative cocoa certification scheme that they say will reduce costs for farmers looking to get dual certification.
Manufacturers can increase the price of chocolate without fear of putting off consumers thus ensuring cocoa farmers are fairly paid, according to executive director of the International Cocoa Organization (ICCO).
A dozen of the world's biggest confectioners have signed up to the World Cocoa Foundation’s CocoaAction - something the organisation says will join the dots of existing sustainability programmes.
Food businesses and consumers don’t understand the impact emerging economies could face if pressure to source 100% sustainable palm oil builds too quickly, Marks & Spencer’s (M&S) sustainable development manager Fiona Wheatley claims.
Chocolate and biscuits have long been paired, but future R&D will be far more sophisticated in terms of production, says the head of business development at Aasted.
In conversation with Sollich Executive Director Ralf Schäffer
Africa’s chocolate market remains a little behind but Asia and South America are booming, and each market needs to be approached differently, says the executive director of Sollich.
The candy giant is looking to take a bigger bite out of the confectionery market with bite-size bars, giant-size candies, and other fresh takes on existing brands.
World Environment Day - June 5 2014 - Driving action on climate change
Food manufacturers don’t understand the urgency of sustainability and need to act faster, but also communicate actions better with consumers, says the president of global NGO Food Tank.
The UK Department of Health hails its Responsibility Deal a success in its annual update, but reports emerge that companies have failed to meet sugar and salt targets.
The recent flurry of retail checkout confectionery bans, joined last month by retail giant Tesco, could hurt impulse-driven sales, but present high margin opportunities to supermarkets, according to Euromonitor analysts.
Snacks and confectionery have truly blurred from a product perspective and retail slant, says the president of the National Confectioners Association (NCA).
The US sugar squeeze could see chocolate-maker Russell Stover’s production move from its home market after a takeover, says a Datamonitor Consumer analyst.
Retailers will appeal a recently lost price-fixing case against Nestlé, Hershey and Mars, while the triumphant chocolatiers have taken initial steps to recover court costs from the plaintiffs, according to US court documents.
Chocolate, chews, hard candy, snacks—The Hershey Company is going all out with a large array of product introductions at the 2014 Sweets and Snacks Expo.
Confectionery manufacturers showing their latest products offer a glimpse of current and upcoming industry trends, including hot ingredients, growing categories, and standout packaging.
Mars UK faces late payment accusations from lobbying group the Forum of Private Business (FPB), which is threatening to place it in its ‘hall of shame’ over the issue.
Swiss business developer and Indonesian government signs Cargill Cocoa Promise, just as the firm announces initial cocoa processing tests at its first Asian plant in East Java.
Roshen owner: “This is confirmation of the fact that the policy I stick to is pro-Ukrainian."
Over 360 workers at Nestlé Canada’s manufacturing plant in Toronto are on strike after talks aimed at securing improvements to employees defined pension plan broke down.
The majority of claims against Hershey for false nutrition labeling have been dismissed by a Californian court, but the company still faces allegations of making misleading antioxidant claims.
Natra and Grupo Bimbo are just some of the firms who have shown interest in the FR500 flow pack wrapper designed specifically for the bakery, confectionery and chocolate industry by ULMA Packaging.
'Snacks powerhouse' unveils plan to shrink beverage business
Mondelez CEO Irene Rosenfeld insists the firm’s coffee interests backed by brands such as Tassimo are ‘very attractive’ but says the deal to shrink its beverage business fits a core snacks focus.
