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 European Union (EU) has signalled its intent to delay the most controversial parts of its anti-deforestation regulation (EUDR) after protests by governments in Asia, Africa, and Latin America described the low, standard, or high-risk benchmarking...
Apart from farmer income/poverty, the most discussed topic on day one of the World Cocoa Foundation Partnership Meeting in Amsterdam was the European Union Deforestation Regulation (EUDR) that will be implemented at the end of this year.
Amsterdam Cocoa Week promises an ‘epic collaboration’ when it opens on Monday 5 February at the Beurs van Berlage, the city’s former stock exchange building, where joining forces under one roof will be high-level sustainability conferences Chocoa, the...
KitKat, one of Nestlé’s most popular and innovative confectionery brands, will now become its most sustainable after the company announced the snack bar will be made with 100% chocolate sourced from the Income Accelerator Programme (IAP)
Since the World Cocoa Foundation’s last Partnership Meeting in Brussels at the end of 2022, the organisation has undergone significant internal changes – but its mission remains the same – to ‘create a thriving and equitable cocoa sector.’ After skipping...
ConfectioneryNews will be presenting a special live webinar on Tuesday 23 January 24 at 17:00Paris / 10:00AM Chicago to discuss the new requirements for market access for cocoa and chocolate suppliers into the European Union.
The World Cocoa Foundation (WCF), in collaboration with IDH and key government officials, highlighted significant strides in sustainable forest conservation efforts from the chocolate industry and the success of the Cocoa & Forests Initiative (CFI),...
The cocoa and chocolate making industry has been warned that cocoa stocks languishing in EU warehouses during the 18-month transition period leading up to the European Union’s Deforestation law that kicks in at the end of December 2024 may have to be...
After two consecutive years of deficit in conjunction with the expectation of another negative for the current season, cocoa futures in London and New York have continued to be bullish as demand for chocolate remains high, pushing up prices in the face...
Dark chocolate “can be contaminated with lead and cadmium, two heavy metals linked to serious health problems,” Consumer Reports warned this week, referencing its 2022 test of 23 chocolate brands; while the National Confectioner Association reaffirms...
olam food ingredients’ (ofi’s) flavour experts share their predictions on how families will tap into this season’s flavour trends to create a ‘Spooktacular’ 31 October.
To mark World Cocoa & Chocolate Day (which took place on 1 October) Magnum ice cream has released more details on its female empowerment programme, upscaling the work to reach thousands of additional women throughout cocoa communities in the West...
As snack giant Mondelez faces yet another round of price increases in 2024, CEO Dirk Van de Put says he wonders how much consumers can absorb and what the company needs to do to maintain volume and market share without compromising margins and profitability.
The Olam Group Limited has announced that its wholly owned subsidiary, olam food ingredients (ofi), which includes its cocoa division, has secured a multi-tranche sustainability-linked facility aggregating $1,750 million.
As new research reveals that deforestation in the world’s largest cocoa-growing country could be far more worse than originally predicted, a White Paper published by Barry Callebaut looks how to tackle productivity on cocoa farms to end the cycle of unsustainable...
Sustainable chocolate brand GoodSAM Foods has announced a strong first half of 2023 with a record-breaking first and second quarter, driven by an expanded retail reach into US, and industry awards recognition, while exceeding fundraising goals and sales.
Cocoa bean processing in North America has slumped almost 12% in the second quarter, according to figures released by the National Confectioners Association, the lowest in almost 15 years for that period, while in Europe and Asia, factories ground the...
Cabosse Naturals, established by Barry Callebaut to unlock the potential of the entire cacaofruit, has launched a ‘free-flowing, 100% pure cacaofruit powder’, a new ingredient that can replace refined sugar in food manufacture, which also caters to growing...
Barry Callebaut has announced it has extended its long-term global agreement for the supply of cocoa and chocolate with Unilever, intensifying its collaboration in areas of innovation and sustainability.
Rising costs of cocoa on the commodity markets could push up the cost of chocolate in the coming months, according to data from the consumer intelligence database NielsenIQ
Colombian B2B sustainable chocolate brand Cordillera Chocolates is launching a long-term strategy to develop the roles of female cocoa growers with a strong emphasis on entrepreneurship and leadership.
As an experiment, I turned to the Artificial Intelligence (AI) chatbot ChatGPT* to obtain an outside eye on the current state of the cocoa industry. I was curious to know if a computer algorithm could come up with credible answers to the main issues that...
Charity calls for ‘Big Chocolate’ to pay more to Ghana’s cocoa farmers after it revealed that their net incomes have fallen on average by 16% since 2020, with women’s incomes falling by nearly 22%.
The World Cocoa Foundation (WCF) has announced Christine McGrath, SVP and Chief Impact & Sustainability Officer at Mondelēz International, as its new chair, along with two new board officers.
The World Cocoa Foundation (WCF) has announced its next Partnership Meeting will take place in Amsterdam at the Beurs van Berlage (Old Stock Exchange) from 6 to 7 February 2024, immediately followed by the CHOCOA conference, which will take place in the...
FDA will allow a very narrow set of claims linking cocoa flavanols in high flavanol cocoa powder and reduced risk of cardiovascular disease following a petition from Switzerland-based chocolate and cocoa product manufacturer Barry Callebaut AG.
The National Confectioners Association (NCA) has issued a statement on the findings of a consumer report released in the United States that claims to have found dangerous amounts of heavy metals (lead and cadmium) in chocolate from popular brands including...
‘No one is doing what they should be doing: Both industry and governments will need to significantly change their business as usual. Let us be very clear; not a single stakeholder group is currently doing what they should be doing to ensure farmers achieve...
Recent flash flooding in West and Central Africa has hindered Cote d’Ivoire’s transportation of cocoa beans from the farms to the ports and could be the reason for the reduction of cocoa arrivals seen during the first few weeks of the main 2022-23 season...
Salon du Chocolat is set to open its doors to the public and trade at the Parc des Expositions, Porte de Versailles in Paris, when it returns to its usual slot from 28 October to 1 November.
The world’s largest bakery manufacturer and leading producer of high quality chocolate and cocoa products have renewed their long-term outsourcing agreement, originally signed in 2012.
Colour is one of the most important sensory cues when it comes to choosing what to eat – influencing what consumers see, what they taste and what they feel while doing it. How can bakery brands capitalise on this?
Barry Callebaut brand Cabosse Naturals is launching a line of ‘next gen’ ingredients for snacks, drinks and ice cream that utilise the whole cacao fruit, while Cacao Barry, also part of Barry Callebaut, is rolling out a WholeFruit chocolate offering....
To meet demands of customers increasingly looking for low sugar and clean label products, cocoa companies are meeting the trend for darker chocolate flavours using natural ingredients. Charlene Zhu, head of ingredient development and innovation for Olam...
Marc Donaldson, Executive Director of the Cocoa Association of Asia (CAA), follows up from a series of webinars held by the FHA and Saladplate on the outlook for the sector in general with an exclusive interview on how the industry is dealing with the...
The Cocoa Association of Asia (CAA), the leading Cocoa Association in Asia for both cocoa and chocolate companies, is hosting a live forum - Will Cocoa Demand Grind to a Halt? - on October 16, 16:00 Singapore time.
Agri-business giant Olam International has launched a digital platform, AtSource, that provides detailed information about its supply chains. The company hopes the data and insight on the platform will allow its customers to be more transparent with their...
Multi-national food company has published its 2019 Snacking Made Right Report, highlighting the company’s significant progress towards achieving its 2025 sustainable and mindful snacking goals.
New 'Natural Dark' cocoa powder set to create a new standard ‘for years to come', after breakthrough at Barry Callebaut’s Research & Development Center.
Company cited ‘uncertain global business environment’ when it released its latest results this week but pledged to accelerate investment in key markets and sustainable supply chains.
It will take every tool in the box to combat the effect of climate change on cocoa production, warn industry experts following the publication of research into the impact of rising temperatures on farmers in West Africa.
Cocoa prices have proved resilient in the economic downturn, even as other commodity prices have slumped, and confectionery manufacturers are concerned that tight supply will keep prices high for some time yet.
Strategies for confectionery makers to absorb rocketing price rises
are essential as cocoa prices crash through the $3000 barrier, with
demand outstripping supplies and pulling the stocks-to-grindings
ratio to a 22-year low.
Barry Callebaut has acquired a 49 per cent stake in Biolands of
Tanzania, Africa's largest exporter of certified organic cocoa,
after purchasing 100 per cent of its top-end cocoa for the past
eight years.
Four hybrid cocoa species developed in Ghana to have improved
resistance to pest damage during storage have similar nutritional
properties to conventional cocoa, says a study that topples a
barrier to commercial trade.
While most consumers agree that ethically-sourced cocoa is no bad
thing, an ever increasing number of different schemes risks
muddying the issue and puzzling chocolate fans.
