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| | News & Analysis on Chocolate, Candy and Biscuits |
2024âs most-read stories: From the cocoa crisis to the top trends
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Barry Callebaut to axe 18% of global workforce Barry Callebaut Group, the worldâs largest chocolate and cocoa supplier, has announced it is cutting approximately 2,500 manufacturing and administration jobs across its global operations... Read
Tony’s Chocolonely sued by MondelÄz for copying Milka bars in critical cocoa campaign Arch disruptor brand Tonyâs Chocolonely is appealing an injunction against MondelÄz International after the Dutch brand launched four temporary wrappers in Germany, mimicking the design of well-known chocolate bars from Ferrero, Mars, Milka, and Nestlé... Read
Tesla enters the candy market Heâs disrupted the car, space and social media sectors, is Elon Musk now coming for the confectionery industry?.. Read
Top need-to-knows about cocoa ahead of the new season A round-up of the cocoa sector as we move into the 2024/2025 season... Read
Cocoa crisis: Ghana’s output almost halves With rampant disease decimating the worldâs second biggest supplier of cocoa, we present the latest on prices and production.. Read
Future of cocoa under threat as prices skyrocket due to bean shortages UPDATE: TUESDAY 26 MARCH 2024: Cocoa prices continued to rise this week. Earlier today the price of cocoa beans smashed through the $10,000 a ton for the first time in the futures market after posting gains all week - with chocolate makers passing on the increase to consumers... Read
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
The top 4 premium trends in confectionery in 2024 Luxury, artisanal and quality collections are drawing in shoppers with a love for elevated indulgence and premiumisation. Here's what's disrupting the market.. 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
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