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News & Analysis on Chocolate, Candy and Biscuits28-Feb-2024
TOP HEADLINES
ICCO urges major rethink as cocoa futures hit another record high
Cocoa futures in London and New York rose to fresh record highs on trading platform ICE on Monday this week as increasing concern about supply shortages in Cote d’Ivoire and Ghana, the world's top two producers, left buyers scrambling for beans from other countries and regions.... Read more
Olam Group shares rally as ofi delivers solid earnings growth
Agribusiness group Olam, which includes ofi cocoa, has reported a significant improvement in its second-half full-year results with earnings of Singapore $230.8 million ($171.47m) for its 2HFY2023 ended December, up 15.5% y-o-y.... Read more
Mondelez North America poised for growth after ‘fixing’ its foundation to focus on value creation, not cost reduction
Mondelez has “fixed the foundations” of its North American business and is now poised to “unlock new opportunities” in the region with a four-prong plan that executives say will deliver low- to mid-single-digit revenue growth in the coming years.... Read more
Tony’s Chocolonely sued by Mondelēz for copying Milka bars in critical cocoa campaign
Arch disruptor brand Tony’s Chocolonely is appealing an injunction against Mondelēz 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 more
View all news headlines for:    Nov     Dec     Jan
EDITOR'S CHOICE
EXCLUSIVE: Hershey’s Tricia Brannigan on cocoa sustainability, responsible procurement and why the WCF is making an impact
Tricia Brannigan, chief procurement officer and VP of Global Procurement at The Hershey Company, was in Amsterdam for WCF’s recent annual Partnership Meeting. She spoke exclusively to Confectionery News on the WCF’s fresh strategy and Hershey’s role in making chocolate enjoyable and cocoa equitable.... Read more
UPCOMING SUPPLIER WEBINARS
Sweet Solutions: Exploring the Future of Sugar Reduction
Eager to reduce the sugar in your products by up to 50%? Don't miss out on an engaging discussion with Dr. David Tsivion, CO-CEO & CTO, Incredo®, a global food-tech powerhouse and the creators of Incredo® Sugar, and Melissa Tisoncik, R&D Vice President, Blommer Chocolate, the...
27-Mar-2024
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ON-DEMAND WEBINARS
Time’s up: new European Union Deforestation Regulation (EUDR) comes into force at the end of 2024 - how ready is cocoa?
Although there are three pieces of legislation to the bill: Deforestation; Corporate Sustainability Due Diligence Directive; & Forced Labour Regulation, this latest ConfectioneryNews webinar will focus primarily on deforestation, which has been in force since the law was passed in June 2023, but applicable from...
23-Jan-2024
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GLOBAL INDUSTRY NEWS
It’s official: France outlaws ‘steak’, ‘sausage’ and ‘bacon’ terms for plant-based meat
France has outlined exactly which ‘meaty’ words are to be banned when describing, marketing and promoting plant-based products – and the list is extensive.... Read more
How to tap into the £7.8bn UK bread market
Brits’ love of bread shows no sign of slowing down and with the market forecast to rise 15% in value in the next two years, there’s a huge opportunity for bakers, foodservice operators and retailers to take a slice of this growth.... Read more
Study: High iron intake linked to irregular heart rhythm in specific genetic variations
New data pulled from the UK Biobank suggests high dietary iron intake increases the risk of irregular heart rhythm, with the link particularly significant for those with genetic variations associated cardiac development and cell signal transduction processes.... Read more
‘Not an AI box of tricks’: Nuritas moves industry forward with peptide library
Biotechnology company Nuritas began its AI journey not in a laboratory but in the wild with wallabies. Nora Khaldi, Nuritas founder and CEO, found inspiration from the unlikely source, observing that wallabies have two types of milk with different kinds of peptides that their offspring consume. When the wrong mother’s milk is fed to a wallaby offspring at the wrong time, it doesn’t grow.... Read more
 Five ingredient categories open for entries in NutraIngredients-USA Awards
The prestigious NutraIngredients-USA Awards are back for 2024, with five categories dedicated to the best and most innovative ingredients.... Watch now
 Why is Joel Freeman so successful? It’s simple.
No longer bound to limited DVD disc space, BODi super trainer Joel Freeman said he’s enjoying the wide open opportunities that his streaming platform offers. But while technology advances, one thing remains the same: simplicity.... Watch now
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William Reed