Chocolate

Mondelēz Treats Investors With Third Annual Forecast Hike On Firm Demand

Mondelēz International hiked its annual sales and profit growth forecasts for the third time this year, betting on consumers to continue snacking on t...

Ivory Coast In Fresh Stand-Off With Cocoa Buyers Over Premium

Ivory Coast is struggling to sell cocoa export contracts for the 2024/25 season with multinational companies demanding it lower prices, which are elevated...

Hershey Beats Quarterly Sales Estimates On Higher Pricing

Hershey beat Wall Street expectations for quarterly sales on Thursday, riding on benefits from higher prices of its chocolates and sweets.

Ivory Coast Cocoa Arrivals Seen Down 28.5% In The First Three Months Of Season

Cocoa volumes arriving at Ivory Coast ports are expected to drop 28.5% year-on-year in the first three months of the 2023/2024 season due to erratic weathe...

Lir Chocolates Produce Artisanal Products To Scale, Says Head Of Sales

In this month’s Meet the Makers profile, in association with Love Irish Food, Maev Martin talks to Simon O’Keeffe, head of sales with iconic Ir...

Chocolate Makers' Prospects Sour As Cocoa Prices Spike

Chocolate makers like Hershey and Mondelēz face tougher trading conditions over the next year as they attempt to pass on soaring cocoa costs to cash-strapp...

Coffee, Chocolate Makers Question EU Deforestation Law

Chocolate and coffee makers including Italy's Lavazza and Cadbury-maker Mondelēz are concerned about the 'practicalities' of a new European...

Brand Loyalty Remains Very Strong Within The Confectionery Category

Brand loyalty remains very strong within the confectionery category. However, consumers can be enticed away by price when they are purchasing for celebrato...