Chocolate

Hershey And Cadbury Chocolate Makers Eye Price Hikes To Cover Cocoa Crunch

The makers of Hershey and Cadbury chocolates are planning more price hikes to cover a fresh record-setting surge in cocoa prices, even as inflation-hit con...

Cocoa Prices Soar To Record Highs As Traders Scramble For Supplies

World cocoa prices hit fresh record highs on Thursday (8 February) as traders continued to scramble for supplies, predicting ever wider deficits...

Ivory Coast Cites Progress Tracing Cocoa As EU Deforestation Law Looms

Top cocoa producer Ivory Coast said it has handed out electronic cards that allow for the tracking and tracing of cocoa to nearly three-quarters of farmers...

Barry Callebaut Sales Volumes Rise Slightly During Q1

Barry Callebaut's sales volumes rose slightly in the three months to the end of November despite the challenging market environment of record-hig...

Mars Opens Snacking Research And Development Hub In Chicago

Confectionery giant Mars has opened a new snacking research and development hub at its Goose Island campus in Chicago.

Israeli Foodmaker Strauss To Raise Prices, Cut Costs Further

Strauss Group said it would raise some prices due to the higher cost of items such as tahini and olive oil, and expand a cost cutting programme to sav...

Lindt & Sprüngli 2023 Sales Boosted By Higher Prices

Swiss chocolate maker Lindt & Sprüngli said its 2023 sales grew by 10.3% organically and came in ahead of market expectations, boosted by higher p...

Unseasonable Rains In Ivory Coast Lift Cocoa Outlook, Farmers Say

Unseasonable rains in most of Ivory Coast's cocoa regions last week are expected to boost both the main crop and the April-to-September mid-crop, farmers s...