Swiss confectionery manufacturer, Barry Callebaut, anticipates that the cocoa market will remain stable, despite the potential emergence of a strong El Niño weather pattern in the upcoming months. This statement was made by the company’s Chief Financial…
Hershey, the confectionery giant, has registered a significant increase in sales for the second quarter despite a drastic fall in profits. This arises from the escalating costs of cocoa, supply chain, and adverse effects from commodity hedging. In the most…
With indulgence and health preferences colliding, the global cocoa and chocolate market is poised for impressive growth, projected to expand from $23.69 billion in 2025 to $28.24 billion by 2030, according to MarketsandMarkets. This translates to a compound…
Mondelēz International opened its state-of-the-art cocoa crop science technical center in Pasuruan, Indonesia. The center enables Mondelēz International to develop and promote better cocoa farming practices, continuing its work with farming communities,…
Japanese investor Tokyo Food and Kanimatsu Corporation is keen to build a cocoa processing factory in Boalemo District, Gorontalo Province, Vice Governor of Gorontalo Idris Rahim stated. The Gorontalo provincial administration welcomes and supports the…