Blog: Life's sweet for chocolate maker Callebaut
Dean Best | 10 January 2008
And so an upbeat start to the year at Swiss chocolate maker Barry Callebaut.
In the last two days, Callebaut has issued positive news on its prospects in Asia. The opening of a chocolate factory in China and the finalisation of a production and supply deal in Japan were not totally unexpected. Nonetheless, both speak volumes for Callebaut’s potential on the continent.
In China, Callebaut is betting on the fact that current low chocolate consumption will rise rapidly in the years ahead, as has been forecast.
Its deal in Japan is Callebaut’s latest outsourcing agreement, following on from similar moves with industry giants Cadbury, Hershey and Nestlé last year.
As one analyst noted today: “Barry Callebaut has positioned itself ahead of its competitors, not only in faster-growing geographies but also in the specialism per se of the production of tailor-made, industrial and foodservice chocolate.
“In a very real sense, it has no competitors and the world is its oyster (or praline).”
We hear a lot in the food industry about two interconnected trends: and social media and “foodie” culture....
Nestle, set to welcome a new CEO on 1 January, has announced more changes to the make-up of its senior management team....
Blue Bell Creameries is trying to win back the trust of consumers after a fatal listeriosis outbreak last year was linked to its products - but in recent days the US ice cream maker has issued another...
The UK's competition regulator has given the all-clear to Hain Celestial's bid to buy UK food and beverage group Orchard House Foods, nine months after the US group announced the deal....
- General Mills on Q1, innovation, margins
- Interview: Mondelez's outlook for China
- Aryzta FY results, outlook for 2017 - 6 takeaways
- What next for Bernard Matthews? - comment
- Interview: Mondelez eyes sweet success in China
- ConAgra acquires Frontera Foods' "gourmet" brands
- Nestle close to finalising Garoto deal
- Nestle revamps foodservice arm
- Aryzta FY profits fall
- Nestle launches Nesquik Protein Plus for adults
- The Big 15: Strategies and Priorities of Top Packaged Food Players in Comparison
- Global Chocolate Confectionery Overview: Challenges, Opportunities and Risks
- Redefining Snacks: From Conventional Snacks to Snack Replacements
- Global Foodservice Market 2016-2020
- Constellation Brands, Inc. (STZ) - Financial and Strategic SWOT Analysis Review