Confectionery: latest news, insights and analysis | ESM Magazine

Hershey Tops First-Quarter Estimates On Higher Pricing

Hershey exceeded Wall Street expectations for first-quarter sales and profit, benefiting from higher prices and steady consumer demand for its chocolates a...

Cargill To Step Up Production Of Cocoa Alternatives With Voyage Foods

Cargill has partnered with Voyage Foods to scale up the production of alternatives to cocoa-based products and spreads that are free from nut and dairy all...

Shift Away From Ultra-Processed Foods Likely To Take Some Time: Circana

The consumer shift away from so-called 'ultra-processed foods' (UPFs) is likely to take some time due to consumer confusion surrounding the category, accor...

Annual Revenues At Nutella Maker Ferrero Jump 21%

Revenues at the family-owned Italian food group Ferrero rose 21% to €17 billion in the fiscal year ended August 2023, boosted by organic growth and ac...

Mondelēz To Invest €40m In Belgian Factory

Biscuit and chocolate producer Mondelēz International will invest €40 million in new technology and equipment for chocolate production at its Herental...

Confectioners Eye Holiday Boost As UK Shoppers Snub Expensive Gifts

Quality Street maker Nestlé and Cadbury owner Mondelēz are seeing higher sales of confectionery in Britain this holiday season driven by cash-strapp...

New Targets Give Investors A Taste For Barry Callebaut

Barry Callebaut set new medium term targets to boost sales volumes and earnings, lifting shares in the world's biggest chocolate maker as investors warmed...

Nestlé Begins Work On 'Companion Products' For Weight Loss Drugs

Nestlé said it has started work on products to 'companion' weight loss drugs like Novo Nordisk's game-changing Wegovy, hoping to cash in on their gr...