Demand booms for confectionery in US with sales expected to reach US$61B in 2028
USA — The US confectionery industry has achieved a record-breaking US$48 billion in sales in 2023,...
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Tag: Chocolate & Confectionery
Nestle launches first Kitkat made from its sustainable cocoa sourcing program
SWITZERLAND – Nestle has introduced the first KitKat made with cocoa mass sourced from beans...
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Egypt’s Covertina to invest US$6.5M in new factory, eyes expansion in global market
EGYPT – Egyptian confectioner Eastern Co. for Manufacturing Sweets & Chocolate...
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Chobani ventures into coffee market with US$900M Acquisition of La Colombe
US – Chobani, renowned for its Greek-style yogurt, has acquired La Colombe, a prominent...
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Nestle and Mars among chocolate giants criticized over ethical standards in cocoa supply chain
UK – Nestle and Mars are among chocolate industry giants on the spotlight over concerns...
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Mars acquires UK’s Hotel Chocolat to strengthen presence in premium confectionery sector
UK – Mars, one of the world’s biggest food companies and the US’s fourth-largest private firm has...
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KitKat maker Nestlé invests in white chocolate production in Italy
ITALY – Nestlé, a multinational food and beverage company, is set to invest US$6.9 million...
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Puratos inaugurates chocolate manufacturing facility in Côte d’Ivoire
COTE D’IVOIRE – Belgium based food ingredients company Puratos, has officially inaugurated...
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Mars Wrigley UK to switch chocolate bars to recyclable paper packaging
UK – The confectionery and chocolate manufacturer in the UK, Mars Wrigley UK, has switched...
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Ghanaian Cocoa farmer incomes drop 16% despite chocolate producers recording double-digit revenue growth, Oxfam report reveals
GHANA – Net incomes for cocoa farmers in Ghana have decline on average by 16% since 2020 pushing...
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Consumers seeking plant-based confectionery are not ready to compromise on taste, especially not with chocolate
GLOBAL – The plant-based food market is projected to reach US$74.2 billion in the coming years,...
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Hershey launches Income Accelerator in Ivory Coast to increase incomes for cocoa farming households
IVORY COAST – The Hershey Company (Hershey’s), one of the largest chocolate...
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