forecast

Global chocolate market projected to show $45 billion growth over five years

A sustained pattern of growth has been projected for the global chocolate market, which is expected to deliver a total of $45.78 billion increase in value between 2022 and 2027, with premium brands leading the pack for delivering its enhanced performance, reports Neill Barston.

Business news, Cocoa & chocolate, Ingredients, New products, Regulatory, Sustainability

Latest sector research finds global chocolate market forecasts a rise to €312 billion by 2030

With the confectionery sector showing sustained growth throughout the pandemic, the global chocolate market is forecast to reach a total of $312.6 billion by 2030, according to latest studies from Researchandmarkets.

Cocoa & chocolate, Ingredients, New products, Processing, Sustainability

Hershey reveals improved annual results despite pandemic

US-based Hershey has released its latest annual results that reveal net sales of $8.1 billion, up by 2% in 2020, despite the ongoing trading tests of the coronavirus pandemic, reports Neill Barston.

Business news, Cocoa & chocolate, Ingredients, Processing, Regulatory, Sustainability

Mondelēz International records strong quarter performance amid turbulent markets

Mondelēz International has recorded net third quarter growth of 4.9%, to $6.7 billion for the period, forecasting an improved performance for its full-year 2020 results, despite ongoing pandemic conditions, reports Neill Barston

Business news, Cocoa & chocolate, Ingredients, New products, Regulatory, Sustainability

Study shows UK manufacturing may not recovery pre-coronavirus growth levels until 2022

An industry forecast has revealed it is likely to take until 2022 for manufacturing to recover to pre-coronavirus growth levels, which could cost a potential £36 billion in Gross Added Value this year alone, according to a report from Make UK and Santander UK.

Business news, Cocoa & chocolate, New products, Packaging, Processing, Sustainability

Equipment sales and confectionery product sales continue to rise

According to a new report from the MarketsandMarkets’ research group, global demand for confectionery machinery is set to rise significantly over the next five years.

Business news

GNT group unveils colouring trend for purple

Global colouring food specialists, the GNT group, has forecast one of the major product themes for this year is set to be based around the colour purple.

New products

GEA releases preliminary figures warning of challenging trading

Manufacturer GEA has released preliminary figures for 2017, as well as an initial indication for 2018 that forecast a challenging year ahead

Cocoa & chocolate, New products