With the new European Union Deforestation Regulation on the horizon, should the industry adopt a more responsible approach to procurement when sourcing cocoa beans and other ingredients? Sign up for our free webinar to discuss!
Latin American food conglomerate Grupo Nutresa has launched a new sustainability programme to continue strengthening Colombia’s cocoa chain after posting revenues of $18.9 billion in 2023, representing a growth of 11% compared to the previous year.
Swiss subsidiary with a long history of sourcing its premium organic cocoa from Dominican Republic sees demand skyrocket as suppliers look to other regions for sustainable beans.
Love may be in the air this Valentine's Day – but so is the eye-watering price of cocoa on the market, making the cost of the key ingredient in chocolate more expensive than ever, according to analysts.
Along with the World Cocoa Foundation Partnership Meeting, Chocoa’s Cocoa Sustainability Conference, Amsterdam Cocoa Week was also the setting for the Cacao of Excellence awards, which recognize excellence in cacao cultivation while supporting and encouraging...
Diageo’s first half results for fiscal 24 were dragged down by a 23% drop in Latin America sales. What happened – and how will the company shift its strategy moving forward?
According to analysts, Barry Callebaut has posted a slight rise in sales volumes in three months to the end of November ahead of a challenging and overall declining chocolate confectionery market due to inflation that is squeezing household budgets.
The global landscape of food consumption is undergoing a significant shift with the introduction of sugar taxes in over 120 countries. These initiatives are primarily aimed at guiding consumers towards healthier lifestyle choices by reducing the intake...
At the end of 2023, Colombian sustainable brand Chocolate Cordillera announced that 106 female cocoa farmers from Urabá Antioquia had completed the first module of its ATENEA sustainability program, giving some the confidence to become fully independent...
The Surucuá community in Brazil's state of Pará is the first to receive an Amazonian Creative Laboratory, a compact mobile biofactory designed to help kick-start the Amazon’s bioeconomy to process, package and sell bean-to-bar chocolate and similar...
ConfectioneryNews will be presenting a special live webinar on Tuesday 23 January 24 at 17:00Paris / 10:00AM Chicago to discuss the new requirements for market access for cocoa and chocolate suppliers into the European Union.
It was almost 20 years ago that Colombian cocoa was officially recognized by the ICCO (International Cocoa Organization) as Cacao Fino de Aroma (fine aroma beans). Almost 95% of Colombia’s total cocoa production is classed as Cacao Fino de Aroma by the...
Luker Chocolate is celebrating the completion of The Cacao Effect, a five-year initiative that the company said positively impacted over 6,000 rural families in Colombia. The closing event was held on 24 November 2023 in Bogotá, Colombia, and showcased...
Julia Ocampo, vice president of cacao sourcing & sustainability at Luker Chocolate, tells Food Manufacture a little about herself and her role in our next instalment of the exclusive series 'All in a Day's Work'.
This year, the chocolate industry’s most glamorous trade fair spanned five days and commanded two floors of the Paris Porte de Versailles exhibition centre, engaging and delighting the general public and attracting chocolatiers and chefs from across the...
The International Chocolate and Cocoa Festival, which has been established in Brazil for more than 30 years, returns to Portugal for its second European edition, with a main theme of exploring the concept of terroir.
Cocoa production is decisively linked with women, and sustainable value chains are, too. However, how will their roles differ with the upcoming EU legislation on deforestation, and in a broader issue, will it threaten cocoa and chocolate exporters?
With 95% of exported beans classed as ‘fine flavour cacao’, Colombia's reputation in the world of chocolate is unparalleled, and after a successful showing at Seattle’s NorthWest Chocolate Festival by a quartet of artisanal companies, the word is...
The Women in Cocoa & Chocolate Network (WINCC) has announced an especially convened online session with Colombia’s Cordillera Chocolate to explore how the upcoming EU Deforestation Regulation (EUDR) could provide opportunities for women empowerment...
Luker Chocolate, a premium and sustainable brand from Colombia, has also been at the forefront of introducing new flavours to chocolate bars over the past couple of years, and the company has gathered valuable insights from recent trade fairs ExpoWest...
Recognition of its B2B division reaffirms Grupo Nutresa's commitment to globalisation and the purpose of brands such as Cordillera in developing businesses with a sustainable vision.
Nestlé has announced an agreement with Advent International to acquire a majority stake in Grupo CRM, which owns more than 1,000 chocolate boutiques under the Kopenhagen and Brasil Cacau brands across the county, along with a strong and growing online...
On track to separate from Kellogg Co. in the fourth quarter, Kellanova will position itself as a snacks-led powerhouse and improved company with “a growth mindset, a refreshed strategy and more ambitious financial expectations,” CEO Steve Cahillane said...
The importance to the cocoa sector of female farmers has been increasingly recognised in the past decade with the introduction of specific support for female-led Fairtrade cooperatives in West Africa, along with initiatives from other actors in different...
Colombian Chocolate Manufacturer Luker Chocolate has announced it has acquired a majority stake in Slovakian Lyra Group in a deal that will strengthen Luker’s product capabilities and increase flexibility in logistics for European clients.
William Reed – the publisher of award-winning B2B brands including FoodNavigator and NutraIngredients - has acquired a majority stake in agri-food summit organizer Rethink Events.
Mondelēz International has announced net revenues grew 8.1% year-on-year in the third quarter this year, driven by stronger pricing and volume. The Chicago-headquartered company also raised its full-year results forecasts and announced more price hikes...
Luiz Inácio Lula da Silva’s presidential election win in Brazil will make it easier for food and beverage companies to comply with their zero-deforestation commitments, it has been claimed.
The Mexican bread titan reported record sales and profits for Q3 2022, along with the acquisition of the UK bakery manufacturer, in a deal thought to be worth more than £300m.
CSM Ingredients is entering Latin America through a strategic partnership with Chilean player ICB. FoodNavigator catches up with CSM CEO Aldo Uva to learn more about how this expansion positions the European supplier for further growth.
Could agave shortages and rising production costs stop the trending drinks in its tracks? The good news is that agave alternatives are ready to step in and fill the gap.
Oat m!lk chocolate brand, HAPPi, is teaming up with Luker Chocolate to create Kids for Nature, an exciting new project that aims to protect the remarkable wildlife of Colombia by educating the next generation to become guardians of their ecosystem.
Canpack S.A., part of the Canpack Group, will increase its manufacturing capacity of aluminum beverage cans with a new production facility in Poços de Caldas, in the State of Minas Gerais, Brazil.
The Mexican bakery giant reported a doubled second-quarter net profit and raised its sales and operating earnings outlook, citing strong demand from regions including the US and Europe.
Connecticut-based healthy snack food brand GoodSam Foods has announced a new venture with Colombian chocolate manufacturer Luker Chocolate to boost educational programmes in cocoa communities.
Moolec Science – which has developed a ‘molecular farming’ platform to produce plants that express animal proteins – is going public via a special purpose acquisition company (SPAC)* in a deal expected to close later this year.
Bimbo Bakeries USA (BBU) has released its 2021 Diversity, Equity & Belonging report, highlighting its successes over the past 10 years, and laying out goals for the next three.
Brazil’s cocoa beans production continues its upward curve with the latest figures released this month showing grindings have already increased up to 5% in 2022.
With the help of a $7m fundraise, Startup De La Calle is bringing to more Americans nationwide a modern version of the beloved and naturally functional Mexican “street vendor treat” tepache – a probiotic beverage made from fermented organic pineapples...
Mexican bakery giant Grupo Bimbo posted a 66.9% increase in fourth quarter net profit, along with a 74.7% bump up for FY 2021 to reach 15.9 billion pesos ($78m).
Grupo Bimbo, owner of well-known bakery brands including Sara Lee and Thomas English Muffins, is leading a Series A funding round for Ecuador-based LiveKuna, an emerging brand of superfood snacks, cereals, pastas, and alternative baking flours.
Could Mexico’s traditional fermented beverages offer inspiration for healthy beverages today? Researchers are calling for the recovery and conservation of ancient fermented drinks, which could offer an 'outstanding reservoir' of genetic resources...
