The pace of growth in the global chocolate market slowed in 2014 as the industry faced challenges stemming from increased cocoa prices, according to findings from market research organisation Mintel. However, chocolate innovation ...
Volatility in global commodity markets remained a significant factor for the food industry during 2012. On the one hand, adverse weather conditions hit grain harvests causing prices to spike, while on the other, over-supply has meant cocoa ...
Hershey has teamed up with Mexican cocoa supplier AMCO to re-introduce the cultivation of the commodity in the south of the country. The US confectioner has launched the Mexican Cocoa Project to help cocoa growing in a country where ...
Tags: Cocoa Crops, cocoa prices, production plants
Spanish chocolate group Natra has returned to profitability in the first nine months of the year. In the January to September period, the cocoa and chocolate firm said it earned EUR1.9m (US$2.5m) compared to a net loss of EUR2.6m in the ...
Tags: Profit, net loss, business operations
Swiss chocolate maker Barry Callebaut has reaffirmed its mid-term guidance, depsite booking a drop in full-year profit. In the 12 months to the end of August, the company reported a net profit of CHF142.6m (US$151.7m), down from CHF178.6m ...
Tags: chocolate maker, chocolate, gourmet business, chocolate products