Search Results for: cocoa price

Although more and more people in the UK are visiting coffee shops regularly, and further growth is expected in that market, British consumers are likely to have to pay more for their coffee post-Brexit. Research published in 2017 by Mintel said the UK coffee shop market had enjoyed significant growth since 2008, when the market

An investigation by Mighty Earth, ‘Chocolate’s Dark Secret,’ has found that a large amount of the cocoa used in chocolate produced by Mars, Nestlé, Hershey’s, Godiva and other major chocolate companies was ‘grown illegally’ in national parks and other protected areas in Côte d’Ivoire and Ghana. “The report documents how in several national parks and

Russia has long been seen as a coffee market that will see strong growth. Sanctions imposed after the annexation of the Crimea have dampened growth, but there is still plenty of potential in the country in the longer term, particular if changes occur that help the economy improve. Matthew Barry, a beverages analyst at Euromonitor

The Australian chocolate and confectionery manufacturing industry has remained resilient despite recession, falling disposable incomes, volatile commodity prices and increasing competition. The advent of the health-conscious consumer has required producers to be innovative with their product lines and adapt them to changing consumer trends, says research firm IBISWorld, which recently updated its report on chocolate

Barry Callebaut has announced that it will be holding the first example of a new bi-annual conference for stakeholders in the cocoa/chocolate supply chain in June. The event, ‘Chocovision,’ will take place 5-7 June in Davos, Switzerland. As the company notes, demand for chocolate has increased steadily over the years. More and more consumers, especially