Archives for April 10, 2024

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Global cocoa shortage puts pressure on suppliers and manufacturers

Special report

Global cocoa shortage puts pressure on suppliers and manufacturers

By Anthony Myers

While there is no indication the world is not about to run out of chocolate any day soon, there are concerns from manufacturers and suppliers that the current high prices and shortage of cocoa beans will push up costs further and, in some cases, restrict...

Barry Callebaut reports sales rise of 11%, operating profit falls 40%

Barry Callebaut reports sales rise of 11%, operating profit falls 40%

By Anthony Myers

Barry Callebaut, the world’s largest cocoa and chocolate supplier, reported a sales rise of 11% to 4.6 billion CHF ($5.09bn) compared to last year, but one-off expenses caused by its transformation plan amounted to a lower-than-expected half-year profit.

Why are consumers turning away from dairy?

Why are consumers turning away from dairy?

By Donna Eastlake

The consumption of dairy products such as milk, butter and cheese is on the decline. But what’s the reason for this and can the dairy industry turn this trend around?