European chocolate makers and consumers are feeling the impact of poor cocoa harvests in West Africa caused by a viral disease and climate change.
Tootsie Roll Industries has seen mixed financial performance, with revenue dropping but margins improving due to cost-cutting ...
The increase in the food-at-home CPI is being driven primarily by higher costs in categories such as eggs, sugar, sweets and ...
Chocolate lovers might notice their favourite sugary snack could cost a bit more or be a bit smaller as climate change ...
The price per ton of cocoa ended 2024 with a 178.2% surge, closing at $11,675 after reaching an all-time high of $12,931.
Profundo and Tierra Pura reveal that EUDR compliance will cost confectionery businesses as little as 0.10% of annual revenue.
Mondelez's 2024 performance missed revenue expectations despite 4.3% organic growth, with soaring cocoa costs impacting Q4 profitability and margins. Management anticipates 5% organic revenue ...
Cocoa prices have recently reached record highs, plunging the cocoa sector into disarray and damaging the financial outlook for large-scale manufacturers. Such cataclysmic price increases are often ...
12don MSN
Thousands of cocoa farmers across Indonesia are working with businesses and other organizations to protect their crops ...
“Cocoa is a market where the grower produces a very high-value good but receives a very low share of the actual value chain.
The spike in cocoa costs—driven by supply chain disruptions, climate concerns, and geopolitical tensions—is believed to have put intense financial pressure on confectionery brands, prompting ...
Cakes, brownies, cookies, cupcakes, muffins, pastries, bread, fudges and crusts are potential applications. For denser doughs and batters, such as brownies, cookies and baked fudges, up to 50% of the ...
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