Barry Callebaut has posted volume growth above the chocolate confectionery market in its half-year results, but net profit fell mainly due to currency fluctuations and a challenged cocoa ingredients business.
Manufacturers can increase the price of chocolate without fear of putting off consumers thus ensuring cocoa farmers are fairly paid, according to executive director of the International Cocoa Organization (ICCO).
France’s leading private label chocolate maker Cémoi sees little growth in the European chocolate market and hopes instead to promote its branded goods in Asia and in the developing US private label market.
Market analysts have branded Barry Callebaut’s $950 million takeover of Petra Foods' cocoa division ‘pricey’, but the Swiss chocolate giant has defended the move despite admitting it will hurt its pockets in the short-term.
Spanish chocolate and cocoa processor Natra has more than doubled its operating profit in its ninth-month results helped by relaxing cocoa prices, North American expansion and a shift to value added products.
Surging cocoa supplies did little to prevent front month prices for cocoa (cocoa futures) creeping up by 4 per cent throughout August, according to Euromonitor. “The big surprise has been that this rise has taken place on the back of strong supply projections,”...
Pod-to-pallet industrial chocolate supplier Barry Callebaut has flagged up the potential for growth arising from the fact that independent analysts, Moody’s, has given the company an ‘investment grade’ status.
Research from scientists based at the Nestlé research centre in the UK and the University of Nottingham shows that mixing ethylcellulose with lecithin is an alternative to high concentrations of lecithin to enhance the flow of reduced fat chocolate.
The reported purchase of 240,100 tonnes of cocoa on the London futures market by a sole trader will not impact hugely on supply to industry, as cocoa processors have already shored up bean stocks for the next four months, claims the International Cocoa...
More than a third of regular chocolate-eaters would relish more
choice in the kinds of products available, indicates a new survey
by Barry Callebaut that also shows growing interest in chocolate
from beans of different provenance.
With a plethora of brands from which to choose and long-established
patterns of consumption, the prospects of significant growth in the
French chocolate market might seem remote. But a new report
suggests that there is plenty of movement...