Barry Callebaut
Barry Callebaut creates new chief digital officer role, driving tech-led ambitions
Barry Callebaut has strengthened its core focus on its technical development in appointing Amr Arafa as chief digital officer for the business, aimed at helping deliver strategic growth targets, writes Neill Barston.
Business news, Cocoa & chocolate, Regulatory, Sustainability
Barry Callebaut outlines long-term growth plans amid improved annual results
Swiss-headquartered Barry Callebaut has delivered its annual results for 2022/23 with improved revenues up 4.7% to 8.47 billion, and net profits also rising by 9.6% to CHF 443 million, despite wider operational challenges faced by the company, reports Neill Barston.
Business news, Cocoa & chocolate, Processing, Regulatory, Sustainability
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
Brazilian market introduced to Magnum ruby chocolate flavour
Major ice cream brand, Magnum, has unveiled a key extension of its flavours for the South American market with the addition of a new ruby chocolate targeting consumers in its Brazilian market, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Regulatory
Utilising the power of cacao for confectionery excellence
Over the past two years, Barry Callebaut brand Cabosse Naturals has gone about delivering a major shift in how cacaofruit is used within the sector. As editor Neill Barston found speaking to sales director William Angleys, its latest powder-based solution holds the keys to major confectionery breakthroughs.
Barry Callebaut extends chocolate supply deal with Mexico’s Mars Wrigley LAN
Swiss-headquartered Barry Callebaut has struck a renewed cocoa and chocolate supply deal with Mars Wrigley LAN, a key producer of premium ranges in Mexico behind brands including Turín, Orbit, Lucas, Skwinkles & Skittles, writes Neill Barston.
Magnum ice cream women’s empowerment initiative marks World Cocoa and Chocolate Day
Magnum Ice cream has expanded its AWA female empowerment initiative for key supply chains farming communities in Ivory Coast, ahead of this year’s World Cocoa and Chocolate Day on 1 October, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Regulatory, Sustainability
Cocoa Liquor market for chocolate forecast for global growth to $7 billion within a decade
Latest research has shown that the cocoa liquor market for chocolate making is forecast for notable growth of around 6%, to a value of around $7 billion by 2033, according to studies from Future Market Insights, writes Neill Barston.
Business news, Cocoa & chocolate, New products, Processing, Regulatory, Sustainability
Barry Callebaut’s ‘BC next level’ sees CHF 500 million investment in digital services and sustainability
A major company investment valued at CHF 500 million is being made by Barry Callebaut, focused on delivering customer innovation, sustainability issues and digital development, writes Neill Barston.
CDP reports shows industry failing to significantly reduce Scope 3 wider environmental emissions
European businesses, including confectionery, snacks and bakery enterprises, are reportedly falling short in tackling key areas of environmental performance, with non-profit group CDP finding just 37% of Scope 3 emissions are being addressed by company decarbonisation strategies, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Regulatory, Sustainability
Cabosse Naturals claims global roll-out first for cacaofruit powder
A global commercial first has been claimed by Barry Callebaut subsidiary brand Cabosse Naturals, in devising a 100% pure cacaofruit powder, designed to replace refined sugar in an array of applications including confectionery and ice cream, reports Neill Barston.
Business news, Cocoa & chocolate, New products, Regulatory, Sustainability
Tony’s Chocolonely shareholders raise extra €20 million for open chain cocoa strategy
Tony’s Chocolonely has revealed that an additional sum of €20 million raised from its shareholders will be placed towards its Open Chain sourcing strategy targeting tackling child labour in core cocoa supply chains, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Regulatory
Unilever extends long-term cocoa and chocolate sourcing deal with Barry Callebaut
A major strategic move from Unilever has seen it extend its decade-long sourcing agreement with Barry Callebaut for supply of chocolate and cocoa, with the company owning key global ice cream brands including Ben & Jerry’s, Carte D’Or, Cornetto and Wall’s, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Regulatory, Sustainability
Global confectionery sector rises forecast $242 billion market by 2028
Despite considerable ongoing supply chain challenges, the size of the global confectionery market is forecast to reach $242.5 billion by 2028, at a projected compound growth rate of 3.8%, according to latest research from Fortune Business Insights, writes Neill Barston.
Business news, Cocoa & chocolate, New products, Processing, Regulatory, Sustainability