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A cocoa prize that enables a good future – the reality in the largest cocoa-growing countries, Ivory Coast and Ghana, unfortunately looks different from this simple wish: “The world market price is too low to provide a living income. On top of that, the farmers’ plots under cultivation are small and yields are low,” explains…
Mondelēz International today announced the launch of its first-ever State of Snacking™ report, a global consumer trends study examining the role snacking plays across the world in meeting consumers’ evolving needs: busy modern lifestyles, the growing desire for community connection and a more holistic sense of wellbeing. The study reveals the rise of global snacking,…
The ten Brazilian companies that participated in the Sweets and Snacks Expo in Chicago made US$ 1.34 million in business, with an expected US$ 12.35 million to be closed in the next 12 months. A total of US$ 13.69 million, it represents an increase of almost 18% compared to results obtained last year, when US$…
„As anticipated in November, we had a steady start to the new fiscal year on top of a very strong prior-year base. We expect sales momentum to pick up in the back half of the fiscal year as additional volumes come on stream from new outsourcing contracts across all Regions, as well as from recently…
“Our fourth quarter and full-year 2018 results demonstrate the power of our brands, the strength of our global footprint and the potential of our strategic plan,” said Dirk Van de Put, Chairman and CEO. “We delivered on our key financial and strategic commitments for the year, including solid top-line and bottom-line growth and strong cash…
The world’s biggest sporting event, the FIFA World Cup, has already been incorporated to the sales calendar of peanut snacks for Brazilians, who are passionate about football, and increase the product’s consumption at gatherings along the games. It is during Festas Juninas (“June Festivals”), a typical and unique event in Brazil, that the demand for…
Antoine de Saint-Affrique, CEO of the Barry Callebaut Group, said: “After the very strong performance in the first half of this fiscal year, we continued to see strong momentum in the third quarter, fueled by all key growth drivers, regions and product groups. Our volume growth was again significantly above the global chocolate confectionery market.”…
Lindt & Sprüngli have had a successful start to the financial year 2018. The group achieved strong group sales of +7.7% in the first half-year, generating consolidated sales of CHF 1.67 billion. Organic growth increased to +5.1%. The group is therefore on track to achieve its strategic target of organic sales growth of around +5%…
Chocolate is no longer just a gift in Japan as consumers are increasingly enjoying going for chocolate shopping as part of Valentine’s Day festivities. This evolution of consumers’ behavior represents a massive opportunity for chocolate brands and major department stores alike, says leading data and analytics company GlobalData. Earlier, Valentine’s Day is typically seen as…
Deals are expected to generate US $20 million in business, an increase of almost 140% in comparison to the previous year. The participation of 19 Brazilian companies at ISM 2018, the confectionery and snacks fair in Cologne, Germany, resulted in almost US $4.5 million in closed deals (US $2.7 million in 2017), which are expected…