Grupo Bimbo has completed its acquisition of Mexican confectionery firm Dulces Vero, a deal that should strengthen its position in the US hispanic confectionery market, according to market analyst Jonathan Thomas.
Rabobank has warned that cocoa prices will respond if there is a return to civil war in the Ivory Coast as this could impede cocoa exports onto the world market.
The Hershey Company has sued Mars for allegedly mimicking the packaging design of its Reese’s Peanut Butter Cups by using a similar orange color and pack design for Dove peanut butter milk chocolate Promises.
Participation in ADM’s cocoa growing certification programme - Serap - has tripled since its implementation and it has provided almost 49,000 metric tonnes of sustainable cocoa in the period, said the cocoa processor as it conducts a review of the programme...
US based confectionery firm Necco has announced that it has a hired an investment bank to help it identify a strategic partner or explore a possible sale of its business.
The US Department of Agriculture (USDA) has reiterated its late-August prediction that food price inflation will be at its lowest since 1992 this year – but higher commodity costs are likely to increase prices in 2011.
Formulating reduced fat chocolate using defatted cocoa powder may indeed by the ‘best compromise’ for confectionery producers, says a new study from Nestlé Product Technology.
Frequent chocolate consumption was associated with a lower prevalence of coronary heart disease (CHD) in men and women independent of traditional risk factors, according to a review of a national US based heart, lung and blood study.
Kraft has said it expects to make an additional $1bn in revenue by 2013 because of better access to global markets and distribution networks following its takeover of Cadbury earlier this year.
The Streamlined Sales Tax Governing Board has requested comments on a proposed definition of candy for tax purposes, which excludes confectionery that requires refrigeration or contains flour.
New research from the US shows that some flavours of chewing gum are effective in reducing the negative effects associated with nicotine withdrawal such as anxiety.
Chocolate products are smashing through the recessionary gloom in the US with sales expected to top $19bn within four years, according to the latest report from research group Packaged Facts.
Sustainable, healthy, cost-effective cocoa butter equivalents may be produced from enriched sunflower oils, and enable formulation of chocolates with higher melting points.
A new 20 percent tariff on American chocolate and gum being shipped into Mexico has prompted an outcry from US confectioners, as the Mexican government has introduced a raft of new tariffs on American products.
An observational study analysing the eating habits of 31,823 women suggests that only moderate consumption of high quality chocolate has a positive impact on heart failure risk.
Trading directly with Ecuadorean farmers ensures a better quality bean and boosts the ecological and ethical profile of a chocolate company, claims a US manufacturer.
The Child Nutrition Act has been broadly welcomed by the food and beverage industry, following its unanimous passage through the Senate late last week.
The National Confectioners Association (NCA) has said it favors voluntary listing of calories front-of-pack rather than introducing a scale or rating system, in comments to the Food and Drug Administration (FDA).
Cocoa flavanols could improve poor blood vessel function in patients with coronary artery disease (CAD), according to research by a team of researchers, including scientists from confectionery maker, Mars Inc.
FDA officials have seized 64 drums of honey imported to the US from China, because it is adulterated with an antibiotic that could cause serious illness or death.
A sales tax on certain candy and gum products is due to come into effect in Washington State on June 1, as part of the state’s effort to plug its $2.8bn deficit.
US food giant Kraft has announced first quarter 2010 revenues up 26 percent to $11.3bn after its acquisition of British food and confectionery company Cadbury.
Ensuring consumers reap the benefits from the beneficial compounds in cocoa may mean formulating products with more sugar, suggests a new study from Kraft.
US chocolate maker, Hershey, said it is still open to international expansion and it claims acquisitions will be made easier by the fact that the global chocolate markets are still fragmented.
The US Department of Agriculture (USDA) has said it will increase sugar quotas by 200,000 short tons in order to relieve supply pressure, but candy makers are still calling for more.
Nestlé has shut down a production line after a positive salmonella test on a batch of chocolate morsels at its one of its facilities in the US, for the second time this year.
Products such as confectionery, biscuits and juice products are experiencing double-digit growth in China with this consumer demand fuelling an increase in the country’s sugar imports, according to a USDA report.
Probiotic bacteria that work in the presence of saliva and various sugars could soon be reducing rates of tooth decay in gums and candies, says a leading researcher.
Hot, cold, spicy, tingling and electric sensations could be used to enhance consumers’ enjoyment of foods and drinks, according to Michael Nestrud, a sensory science PhD candidate at Cornell.
A judge has denied an immediate ban on the planting of Monsanto’s genetically modified (GM) sugar beets as it “would have a large detrimental effect on the United States’ domestic sugar supply and price.”
US food giant Kraft issued a public apology regarding the U-turn on its pledge to keep operational the Cadbury plant near Bristol, and it also promised to ensure no job losses over the next two years as it faced a committee of UK politicians yesterday.
Partial substitution of cocoa butter in confectionery products may be achieved with tea seed oil, a by-product of tea processing, says new research with the potential to help chocolate makers cut costs.
Flavour complexity, artisanship and nostalgia are the overarching consumer trends driving innovation shifts in the US confectionery market, claims an industry overview.
A federal court judge has yet to reach a decision about whether the cultivation of genetically modified (GM) sugar beets should be blocked until an Environmental Impact Statement has been completed.
Cocoa futures in New York hit their lowest price since September yesterday on signs of increased production in Ivory Coast, which is the leading global supplier.
The Sugar Policy Alliance has renewed its call for Congress to revise sugar policy as strict import quotas have reduced the availability of refined sugar, thereby inflating prices, the organization says.
Kraft’s takeover of UK chocolate firm Cadbury is now unconditional, as 74 per cent of Cadbury shareholders yesterday accepted the offer of 840p per share plus a 10p dividend.
Kraft’s largest shareholder Berkshire Hathaway, run by billionaire investor Warren Buffett, has voted against the issuance of up to 370m shares to acquire Cadbury, it said on Tuesday.
Kraft has sold its frozen pizza business to Nestlé to help fund its offer for Cadbury after Nestlé pulled out of the bidding for the British confectioner.
Kraft has dismissed the raised long-term growth targets published by Cadbury on Monday, saying the UK confectioner’s prospects are subject to significant risk and uncertainty.
Imperial Sugar is still feeling the financial impact of the explosion at its Port Wentworth, Georgia refinery nearly two years ago, as it reported a $23.8m loss for fiscal 2009.
Retention of Ghana produced cocoa on the US Department of Labor’s list of goods produced by child or forced labour could hinder efforts to eliminate the practice, claims a senior politician of the major cocoa supplying country.
Kraft has mismanaged its Cadbury takeover attempt but is still the favorite to get the deal done, according to Andrew Wood, senior research analyst at Sanford Bernstein.
The Travel Retail group of confectionary giant Hershey has launched a new range of travel retail exclusive products including Hershey’s Kisses, Hershey’s Nuggets chocolates and Reese’s and Hershey's Miniatures.
Hershey has confirmed that it is “reviewing its options” regarding a possible joint bid with Ferrero for British confectioner Cadbury, following media speculation about talks yesterday.
Daily consumption of 40 grams of dark chocolate for two weeks can reduce stress and benefit metabolism and microbial activity in the gut, claims scientists based at the Nestle Research Centre.
California’s adoption of AB 418 to prohibit Brominated Vegetable Oil, Potassium Bromate, Propylparaben and Red Dye 3 has led other U.S. states to follow...
Ayana Bio conducted the Ultra-Processed Food (UPF) Pulse survey, offering insight into consumers’ willingness to consume UPFs, as well as the variables...
Join Ingredion for a practical conversation on how food and beverage brands are letting consumers eat cake AND feel good about their indulgent choices...
