The global confectionery ingredients market is expected to reach $109.48 billion by 2025, according to a report by Albany, N.Y.-based research firm Transparency Market Research.
Preparations for this year’s yummex Middle East, the trade fair for sweets and snacks in the MENA region staged annually in Dubai, are progressing at top speed.
Florent Cheveau, executive pastry chef at the MGM Grand Hotel & Casino in Las Vegas, will represent the United States in the 7th World Chocolate Masters competition, sponsored by Cacao Barry.
Environmental advocacy group Greenpeace has suspended its campaign against palm oil supplier IOI Group after the Malaysian firm announced a commitment to address deforestation and exploitation in its supply chain.
The Hershey Co. is welcoming summer in style with a new, limited-edition lineup of products inspired by popular summertime destinations in the United States.
With all the recent gyrations going on in the confectionery industry, I thought it might be wise to get some outside perspective. Periodically I get a publication called U.S. Talking Points from Rabobank, written by senior analyst Nick Fereday. It’s essentially a brief on recent events affecting the food and beverage industries, peppered with Fereday’s observations.