Mondelez to make $65M investment in a global R&D, quality network.
September 23, 2016
Barry Callebaut will acquire the Halle, Belgium, chocolate production facility belonging to Mondelez to expand its production capabilities. The two companies will enter into a long-term agreement for the supply of an additional 30,000 tonnes of liquid chocolate per year.
In the 11th edition of “Chocolate Candy Market in the U.S.,” Packaged Facts, a division of MarketResearch.com, reports that premium chocolate makes up just 18 percent of total chocolate dollar sales and 14 percent of unit sales, but it still leads the way in developing flavor trends and new product formulations, particularly in the use of clean-label ingredients.
AVAILABLE ON DEMAND As demand for chocolate grows in developing markets, can the existing cocoa-growing regions meet the supply-side challenge? Bettering the economics for small farmers in Africa, Asia, South and Central America requires a comprehensive approach, one that takes into account improving agricultural practices, enhancing supply chain infrastructures, expanding community services, boosting farmer incomes and taking advantage of evolving technologies.