Five-year agreement builds on significant company investments in improving the well-being of cocoa farming communities Hershey announced a five-year agreement with nine cocoa-producing cooperatives in Côte d'Ivoire. The move is part of its "Cocoa For Good" strategy, a 10-year, $500 million investment by the company to address the complex challenges facing cocoa farmers. The agreement aims to build lasting relationships with farmers that enable a more resilient supply. A long-term … [Read more...] about Hershey signs groundbreaking long-term agreement with cocoa cooperatives aimed at improving farmer income and farm resiliency
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Cargill launches new cocoa production line in Indonesia to meet growing Asian consumers’ demand for indulgent foods
As Asia’s demand for rich, flavorful, and innovative indulgent food and beverages continues to grow, Cargill announced the launch of a new cocoa production line at its cocoa processing plant in Gresik, Indonesia. Francesca Kleemans, Managing Director of Cargill’s Food Solutions Southeast Asia, revealed, “When it comes to bakery, chocolate confectionery and ice cream, as well as the indulgent café-style beverages in foodservice, cocoa and chocolate have always been one of the most popular … [Read more...] about Cargill launches new cocoa production line in Indonesia to meet growing Asian consumers’ demand for indulgent foods
Kerry Unveils Cocoa Replacement Solution as a Sustainable, Cost-Effective Alternative Amid Cocoa Supply Crisis
Kerry, a world leading provider of sustainable nutrition solutions to the food, beverage, and pharmaceutical industries, announces an innovative Cocoa replacement solution, designed to tackle the escalating cocoa pricing and supply crisis. Cocoa supplies are predicted to fall short by 11 percent in 2024, leading to a staggering 300 percent increase in prices over the past year. The unprecedented crisis in cocoa production has primarily been driven by factors such as the swollen shoot virus … [Read more...] about Kerry Unveils Cocoa Replacement Solution as a Sustainable, Cost-Effective Alternative Amid Cocoa Supply Crisis
