Blog - Cocoa, Chocolate And Confectionery

Valentine's Day Spending Surges: Economic Impact and Trends

Feb 9, 2025

Valentine's Day in 2024 witnesses record spending of $27.5 billion as Americans indulge in chocolates, flowers, dining, and jewelry, boosting related sectors significantly.

Chocolate Prices Surge Amid Global Economic Shifts

Feb 7, 2025

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Discover how global economic changes are affecting chocolate prices and demand, with insights into the top exporters navigating these challenges.

Germany's Cereal, Fruit or Nut Chocolate Bar Exports Drop 13%, Reaching $1.5 Billion in 2024

Feb 7, 2025

Exports of Cereal, Fruit or Nut Chocolate Bars reached a peak of 264K tons in 2023, but saw a notable drop the following year. In terms of value, exports reduced to $1.5B in 2024.

Hershey Surpasses Earnings Expectations in Q4 2024

Feb 6, 2025

Hershey exceeds Q4 2024 earnings forecasts with an 8.7% sales rise, showcasing strategic resilience in the chocolate market.

Mondelez Meets Wall Street Expectations with Steady Growth in Q4 2024

Feb 5, 2025

Mondelez International meets Wall Street expectations with a 3.1% sales growth in Q4 2024, reporting $9.60 billion in revenue and strong non-GAAP profitability despite challenges.

United States' Chewing Gum Imports Reach An Average of $133 Million in 2024

Feb 3, 2025

Chewing Gum imports reached a peak of 38K tons in 2014, but saw a slight decrease from 2015 to 2024. By 2024, the value of Chewing Gum imports was $133M.

Global Cocoa Powder with Sugar Market to See 2.4% CAGR Growth by 2030

Feb 2, 2025

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The cocoa powder market is expected to see a rise in demand worldwide, leading to an upward consumption trend over the next six years. With a projected CAGR of +2.4% in market volume and +4.7% in market value from 2024 to 2030, the market is forecasted to reach 2.5M tons and $11.7B respectively by the end of 2030.

France Sees Significant Drop in Cocoa Powder With Sugar Imports, Falling to $33 Million in 2024

Feb 1, 2025

Imports of Cocoa Powder With Sugar reached a peak of 15K tons in 2014 before declining in the following years. By 2024, the import value dropped significantly to $33M.

Nestle's $1 Billion Investment to Boost Mexican Production Capacity

Jan 29, 2025

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Nestle will invest $1 billion to expand its production in Mexico over the next three years, strengthening its position in the Latin American market and aiding local economic growth.

Private Equity Firms Seek Buyers for East Africa's Leading Candy Manufacturer

Jan 17, 2025

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Explore the sale of Kenafric Industries, a key player in East Africa's confectionery market, as private equity firms seek new buyers.

Lindt & Spruengli Reports Modest Sales Growth Amidst Market Challenges

Jan 14, 2025

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Lindt & Spruengli faces 2024 sales growth challenges due to rising cocoa costs and consumer confidence, narrowly missing forecasts. Swiss chocolate export and import values show stable growth.

In 2023, Mexico's Chewing Gum Exports Surge to $46 Million

Dec 13, 2024

The Chewing Gum exports reached a peak of 20K tons in 2016, but remained at a lower figure from 2017 to 2023. In terms of value, Chewing Gum exports surged to $46M in 2023.