cocoa
Cocoa has emerged as the top performer of the year, surpassing even Bitcoin, according to Bloomberg. While Bitcoin captured widespread attention, especially after crossing the long-awaited $100,000 mark in December, cocoa prices saw an even more...
FMCG companies anticipate continued volume growth in the coming quarters, driven by demand recovery in rural areas and a favourable monsoon, despite rising food inflation. Major FMCG players such as HUL, ITC, Dabur, Britannia, Nestle, and...
Breaking News
Packaged food companies plan price hikes as inflation hits key ingredients
Packaged food companies Britannia, Parle Products, Mondelez, and Dabur are co͏nsider͏ing mov͏ing a͏way from t͏he͏ir͏ curr͏ent str͏at͏egy of lo͏werin͏g p͏ri͏ces a͏n͏d may i͏n͏stead ͏rai͏s͏e...
Nestle launches KitKat Chunky Crunchy Double Chocolate Bar in UK & Ireland
Nestle Confectionery UK & Ireland has expand͏ed its port͏folio with t͏he introdu͏ct͏ion of a new Kitkat Chunky Crunchy Double Chocolate bar.The new͏ limited-͏edition bar...
Mondelez optimistic on recovery with stable govt, favorable monsoon amid rising cocoa prices
Mondelez Foods,͏ know͏n ͏for bran͏ds like Cadbury and Oreo, said͏ that͏ favorable monsoon conditions and ͏a stab͏le gov͏ernme͏nt suppo͏rt͏ive͏ of welfare schemes might st͏imulat͏e...
Kerry unveils sustainable and cost-effective cocoa replacement solution amid global supply crisis
Kerry, a global frontrunner in offering sustainable nutrition solutions to the food, beverage, and pharmaceutical sectors, introduces a groundbreaking alternative to cocoa. This solution...
Nutella celebrates 60th anniversary with limited-edition jars showcasing India’s iconic landscapes
For over sixty years, Nutella, the beloved hazelnut cocoa spread, has been a source of delight for consumers worldwide. To commemorate its sixtieth anniversary,...
Hershey mum on future cocoa pricing amid record highs; maintains confidence in long-term strategies
US-based confectionery giant Hershey remains tight-lipped on potential cocoa-linked pricing beyond this year’s hedging contracts as the commodity continues to trade at record highs.During...
Mondelēz International surpasses Q1 sales and profit projections
Confectionery giant Mondelez International has reported a 1.4% increase in first-quarter net revenue to $9.29 billion, compared to an 18.1% increase in the year-ago...
Nestle India’s Q4 net profit jumps 27% to INR 934 Crore amid strong sales growth
Nestle India, a major FMCG company, reported a 27% increase in net profit to INR 934 crore for the fourth quarter ended March 31,...
Magnum kicks off 2024 ice cream season with innovative mood-inspired flavors
Magnum has kicked off the 2024 ice cream season with its first lineup of mood-inspired flavors. These innovative creations blend decadent chocolate, creamy ice...
Amidst rising cocoa prices, Paul and Mike remain a beacon of hope
In the face of extraordinary challenges confronting the cocoa industry, Paul and Mike emerge as a beacon of stability, resilience, and community support.By strategically...
Consumer goods prices hold steady despite recent reductions; raw material inflation hints at future price hikes
Consumer goods prices are still elevated compared to two years ago, even though companies have reduced prices on the majority of products in home,...
FMCG sector eyes monsoon and elections for growth, says Britannia MD
Fast-moving consumer goods (FMCG) have observed a marginal uptick in sales volume growth, as highlighted by Varun Berry, executive vice-chairman and managing director of...