New York: Ferrero Hazelnut Company, a division of global confectionery giant Ferrero Group, has committed $340,000 to support U.S. hazelnut production, strengthening its North American…
View More Ferrero Invests $340,000 to Boost U.S. Hazelnut Production
Hershey has committed $500 million to improve cocoa farming practices and livelihoods in Côte d’Ivoire, partnering with local cooperatives to help standardize cocoa cultivation and…
View More Hershey Invests $500M to Address Cocoa Farming Challenges in Côte d’Ivoire
Swiss-based Nestle is anticipated to report a slight decline in total real internal growth, a measure of sales volumes across its product range, including chocolate,…
View More Nestle’s Chocolate Prices under Pressure as Cocoa Costs Surge
The global cocoa market is experiencing a significant upheaval as cocoa prices have surged to unprecedented levels, creating a complex scenario for various stakeholders. While…
View More Cocoa Price Surge: Profits for Big Chocolate, Hardships for Farmers
Mondelez Foods, the global confectionery giant known for iconic brands like Cadbury and Oreo, foresees a robust recovery in the Indian market, driven by favourable…
View More Mondelez anticipates a strong recovery in India despite rising cocoa costs
Hershey India, a global leader in snacking and confectionery, has recently unveiled HERSHEY’S Choco Delights, a delectable milk chocolate bar with an irresistible crunch. This…
View More Hershey India Elevates the Chocolate Experience with the Introduction of HERSHEY’S Choco Delights
In a startling turn of events, cocoa prices are skyrocketing in India, sending shockwaves through the chocolate and ice cream sectors. Amul, a key player…
View More Cocoa Price Surge Sends Shockwaves through Chocolate and Ice Cream Industry
As cocoa prices soar due to a global shortage in supply, chocolate manufacturers worldwide are grappling with the prospect of increased production costs. Industry giants…
View More Global Cocoa Shortage Threatens to Increase Chocolate Prices Worldwide
Nestlé has launched two new initiatives designed to reduce and eliminate carbon emissions within its cocoa supply chains. These projects are part of the company’s…
View More Nestlé Introduces New Efforts to Decarbonize Cocoa Supply Chain
As Valentine’s Day approaches, chocolate lovers may soon notice changes in their favorite treats as cocoa supply issues persist, leading to higher costs for producers…
View More Cocoa Supply Challenges Prompt Potential Downsizing of Chocolate Bars, Experts Warn