 | News & Analysis on Chocolate, Candy and Biscuits |
2024âs most-read stories: From the cocoa crisis to the top trends
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Global cocoa shortage puts pressure on suppliers and manufacturers While there is no indication the world is not about to run out of chocolate any day soon, there are concerns from manufacturers and suppliers that the current high prices and shortage of cocoa beans will push up costs further and, in some cases, restrict the procurement of key ingredients... Read The shape and taste of chocolate in 2024 – what to expect … Chocolate confectionery is a significant market, expected to be worth over $128 billion (130 billion Euro) in global retail sales by the end of 2024. With a volume growth of +2% over the next 5 years to 2027, it is also a dynamic market, so what trends can we expect in 2024?.. Read US acquisition and organic growth boost Ferrero’s turnover The Ferrero Group said it is continuing its growth trajectory with a 21% increase in turnover to â¬17 billion ($18.25bn) and a 14% rise in its global workforce to 47,212 employees, following the recent successful strategic acquisition of North of ice cream maker Wells Enterprises Inc... Read | |