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News & Analysis on Chocolate, Candy and Biscuits07-Nov-2022
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TOP HEADLINES
Strong Halloween helps Hershey overcome seasonal jitters as it raises sales outlook
Hershey has raised its annual sales and profit forecasts on the back of a strong Halloween that it signalled it expects to continue into the Christmas holiday season.... Read more
Luker strengthens its presence in Europe with Lyra Group partnership
Colombian Chocolate Manufacturer Luker Chocolate has announced it has acquired a majority stake in Slovakian Lyra Group in a deal that will strengthen Luker’s product capabilities and increase flexibility in logistics for European clients.... Read more
Mars pulls Bounty bars from Christmas Celebrations after consumer backlash
Mars UK has taken the controversial decision to trial a ‘No Bounty’ tub of its popular Celebrations chocolate assortment offering, which are a staple in many homes over the festive period.... Read more
Soaring prices are forcing more consumers to make severe sacrifices, but producers are warned against quick fixes to retain sales
Ingredient Communications’ 2022 price sensitivity survey reveals the severity that consumers are going to cope with the rising costs of living, with the majority switching to cheaper brands and retailer’s own labels, or even stopping the purchase of their preferred choice completely.... Read more
View all news headlines for:    Aug     Sep     Oct
EDITOR'S CHOICE
Mondelēz to up Cocoa Life investment on back of strong Q3 results
Mondelēz International has announced net revenues grew 8.1% year-on-year in the third quarter this year, driven by stronger pricing and volume. The Chicago-headquartered company also raised its full-year results forecasts and announced more price hikes for its snacking portfolio.... Read more
ON-DEMAND WEBINARS
Cocoa Sustainability: Selling Ethical Chocolate Online with SDG Impact
Mondelēz on making chocolate fair Cathy Pieters, director of Cocoa Life at Mondelēz International, speaks to Lumina Intelligence Sustainability’s ‘Sustainable Food & Drink Podcast’ about learnings from the chocolate maker's sustainability programme and how it is marketing ethical products. Includes a live Q&A. Impact in Cocoa: How...
12-Sep-2019
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GLOBAL INDUSTRY NEWS
World’s best cheese named in ‘tense’ contest of over 4,400 entries
In the end, it was Switzerland versus Italy to battle it out for the coveted accolade, which is bestowed by the Guild of Fine Food.... Read more
Taking control: Indonesian government aims to dominate sugar sector in same way as palm oil
The Indonesian government is to establish what will become the nation’s largest sugar company by 2028, aiming to seize control of the local sugar market in the same way it dominates the palm oil sector.... Read more
Pectin improves quercetin bioavailability, according to researchers
Scientists have developed a method to bind quercetin derivatives to pectin chains to enhance bioavailability and antioxidant activity for improved disease prevention.... Read more
In a world of lab-grown and processed food, what is ‘natural’?
For food to be ‘natural’, do consumers need to know where it came from? Can it be ‘natural’ if it was grown in a lab? And is defining ‘natural’ even important, anyway?... Read more
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William Reed