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News & Analysis on Chocolate, Candy and Biscuits
  27-Dec-2024
 
2024’s most-read stories: From the cocoa crisis to the top trends
This year’s most-read stories on ConfectioneryNews highlight the major challenges and innovations shaping the confectionery industry. Barry Callebaut’s decision to reduce its global workforce by 18% shook the sector, while Mondelez’s legal battle with Tony’s Chocolonely over Milka bar-mimicking design had us all gripped. Cocoa remained a hot topic, with Ghana’s plummeting output and skyrocketing bean prices exacerbating global supply chain pressures. Meanwhile, hints that Tesla may make a bold move into the candy market and Ferrero’s strategic US expansion underscored innovation and growth, as the industry prepares for 2025.
 
 
Barry Callebaut to axe 18% of global workforce
Barry Callebaut Group, the world’s largest chocolate and cocoa supplier, has announced it is cutting approximately 2,500 manufacturing and administration jobs across its global operations... Read

Tony’s Chocolonely sued by Mondelēz for copying Milka bars in critical cocoa campaign
Arch disruptor brand Tony’s Chocolonely is appealing an injunction against Mondelēz International after the Dutch brand launched four temporary wrappers in Germany, mimicking the design of well-known chocolate bars from Ferrero, Mars, Milka, and Nestlé... Read

Tesla enters the candy market
He’s disrupted the car, space and social media sectors, is Elon Musk now coming for the confectionery industry?.. Read

Top need-to-knows about cocoa ahead of the new season
A round-up of the cocoa sector as we move into the 2024/2025 season... Read

Cocoa crisis: Ghana’s output almost halves
With rampant disease decimating the world’s second biggest supplier of cocoa, we present the latest on prices and production.. Read

Future of cocoa under threat as prices skyrocket due to bean shortages
UPDATE: TUESDAY 26 MARCH 2024: Cocoa prices continued to rise this week. Earlier today the price of cocoa beans smashed through the $10,000 a ton for the first time in the futures market after posting gains all week - with chocolate makers passing on the increase to consumers... Read

Global cocoa shortage puts pressure on suppliers and manufacturers
While there is no indication the world is not about to run out of chocolate any day soon, there are concerns from manufacturers and suppliers that the current high prices and shortage of cocoa beans will push up costs further and, in some cases, restrict the procurement of key ingredients... Read

The shape and taste of chocolate in 2024 – what to expect …
Chocolate confectionery is a significant market, expected to be worth over $128 billion (130 billion Euro) in global retail sales by the end of 2024. With a volume growth of +2% over the next 5 years to 2027, it is also a dynamic market, so what trends can we expect in 2024?.. Read

The top 4 premium trends in confectionery in 2024
Luxury, artisanal and quality collections are drawing in shoppers with a love for elevated indulgence and premiumisation. Here's what's disrupting the market.. Read

US acquisition and organic growth boost Ferrero’s turnover
The Ferrero Group said it is continuing its growth trajectory with a 21% increase in turnover to €17 billion ($18.25bn) and a 14% rise in its global workforce to 47,212 employees, following the recent successful strategic acquisition of North of ice cream maker Wells Enterprises Inc... Read

 
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