Latest news with #BarryCallebaut
Business Standard
2 hours ago
- Business
- Business Standard
Barry Callebaut Inaugurates Third Chocolate Factory in Neemrana, India
PNN Neemrana (Rajasthan) [India], July 30: Barry Callebaut, the world's leading manufacturer of high-quality chocolate and cocoa products, today inaugurated its third chocolate manufacturing facility in India. Strategically located in the Ghiloth industrial area of Neemrana, approximately 120 kilometres from Delhi, the 20,000-square-meter greenfield factory is equipped with advanced production lines for chocolate and compound in multiple formats, and integrated warehousing. * The greenfield facility features advanced production lines for chocolate and compound in multiple formats, and integrated warehousing. * With this new facility, India has become the Group's largest chocolate-producing market in the Asia Pacific, Middle East, and Africa (AMEA) region. The new factory marks a major milestone in Barry Callebaut's long-term growth journey in India. Over the past five years, the company has invested over INR 500 Crores (CHF 50 million) in India, underlining its confidence in the country's chocolate market and its commitment to strengthening local manufacturing and customer proximity. With the opening of this facility, India is now Barry Callebaut's largest chocolate-producing market in the Asia Pacific, Middle East, and Africa (AMEA) region. "India is the fastest-growing major economy in the world. As a global leader in chocolate and cocoa, Barry Callebaut is proud to play a role in supporting this growth. With our newest facility in India, we are reinforcing our leadership position and deepening our commitment to being the trusted partner to India's food industry, and to customers across the wider AMEA region," said Vamsi Mohan Thati, President of AMEA, Barry Callebaut. "India's chocolate market is evolving rapidly, driven by a young population, rising incomes, and a growing taste for premium and innovative products," said Dhruva Jyoti Sanyal, Managing Director, Barry Callebaut India. "This new factory enables us to meet that demand locally, foster innovation, and deepen our partnerships with local food manufacturers and artisans. Just as importantly, its location in Neemrana allows us to get significantly closer to our customers, particularly those based in the north-central part of this vast country, improving speed to market and customer intimacy." India is among the fastest-growing chocolate markets in the world. It is showing strong growth and is expected to reach mid-high growth. With a per capita chocolate consumption of under 200 grams annually, the country is experiencing a marked shift toward premium, high-quality chocolate products, opening new avenues for growth and innovation. Barry Callebaut has been present in India for over 18 years, with two existing manufacturing facilities in Baramati, and a Callebaut CHOCOLATE ACADEMY™ Center in Mumbai. These facilities have been instrumental in producing high-quality chocolate and compound products for both domestic and international markets. Building on this strong foundation, the new Neemrana factory will serve as Barry Callebaut's third chocolate factory and a northern hub in India, complementing its existing operations and enhancing its ability to serve its markets more efficiently. The Mumbai academy continues to serve as a hub for innovation and training, supporting chefs, artisans, and food professionals across the country. Most recently, Barry Callebaut also officially opened its Global Business Services Hub in Hyderabad to support its global business operations. Today, Barry Callebaut employs more than 400 people in India, serving customers through a growing footprint of manufacturing, innovation, and support capabilities. About Barry Callebaut Group ( With annual sales of about CHF 10.4 billion in fiscal year 2023/24, the Zurich-based Barry Callebaut Group is the world's leading manufacturer of chocolate and cocoa products - from sourcing and processing cocoa beans to producing the finest chocolates, including chocolate fillings, decorations and compounds. The Group runs more than 60 production facilities worldwide and employs a diverse and dedicated global workforce of more than 13,000 people. The Barry Callebaut Group serves the entire food industry, from industrial food manufacturers to artisanal and professional users of chocolate, such as chocolatiers, pastry chefs, bakers, hotels, restaurants or caterers. The global brands catering to the specific needs of these Gourmet customers are Callebaut® and Cacao Barry®, Carma® and the decorations specialist Mona Lisa®. The Barry Callebaut Group is committed to make sustainable chocolate the norm to help ensure future supplies of cocoa and improve farmer livelihoods. It supports the Cocoa Horizons Foundation in its goal to shape a sustainable cocoa and chocolate future.
Malaysian Reserve
6 hours ago
- Business
- Malaysian Reserve
Barry Callebaut Inaugurates Third Chocolate Factory in Neemrana, India
The greenfield facility features advanced production lines for chocolate and compound in multiple formats, and integrated warehousing. With this new facility, India has become the Group's largest chocolate producing market in Region Asia Pacific, Middle East and Africa (AMEA). NEEMRANA, India, July 30, 2025 /PRNewswire/ — Barry Callebaut, the world's leading manufacturer of high-quality chocolate and cocoa products, today inaugurated its third chocolate manufacturing facility in India. Strategically located in the Ghiloth industrial area of Neemrana, approximately 120 kilometers from Delhi, the 20,000-square-meter greenfield factory is equipped with advanced production lines for chocolate and compound in multiple formats, and integrated warehousing. The new factory marks a major milestone in Barry Callebaut's long-term growth journey in India. Over the past five years, the company has invested over INR 500 Crores (CHF 50 million) in India, underlining its confidence in the country's chocolate market and its commitment to strengthening local manufacturing and customer proximity. With the opening of this facility, India is now Barry Callebaut's largest chocolate-producing market in the Asia Pacific, Middle East, and Africa (AMEA) region. 'India is the fastest-growing major economy in the world. As a global leader in chocolate and cocoa, Barry Callebaut is proud to play a role in supporting this growth. With our newest facility in India, we are reinforcing our leadership position and deepening our commitment to being the trusted partner to India's food industry, and to customers across the wider AMEA region,' said Vamsi Mohan Thati, President of AMEA, Barry Callebaut. 'India's chocolate market is evolving rapidly, driven by a young population, rising incomes, and a growing taste for premium and innovative products,' said Dhruva Jyoti Sanyal, Managing Director, India & Southwest Asia. 'This new factory enables us to meet that demand locally, foster innovation, and deepen our partnerships with local food manufacturers and artisans. Just as importantly, its location in Neemrana allows us to get significantly closer to our customers, particularly those based in the north-central part of this vast country, improving speed to market and customer intimacy.' India is among the fastest-growing chocolate markets in the world, it is showing strong growth and expected to reach mid high growth. With a per capita chocolate consumption of under 200 grams annually, the country is experiencing a marked shift toward premium, high-quality chocolate products, opening new avenues for growth and innovation. Barry Callebaut has been present in India for over 18 years, with two existing manufacturing facilities in Baramati, and a Callebaut CHOCOLATE ACADEMY™ Center in Mumbai. These facilities have been instrumental in producing high-quality chocolate and compound products for both domestic and international markets. Building on this strong foundation, the new Neemrana factory will serve as Barry Callebaut's third chocolate factory and a northern hub in India, complementing its existing operations and enhancing its ability to serve its markets more efficiently. The Mumbai academy continues to serve as a hub for innovation and training, supporting chefs, artisans, and food professionals across the country. Most recently, Barry Callebaut also officially opens its Global Business Services Hub in Hyderabad to support its global business operations. Today, Barry Callebaut employs more than 400 people in India, serving customers through a growing footprint of manufacturing, innovation, and support capabilities. About Barry Callebaut Group ( With annual sales of about CHF 10.4 billion in fiscal year 2023/24, the Zurich-based Barry Callebaut Group is the world's leading manufacturer of chocolate and cocoa products – from sourcing and processing cocoa beans to producing the finest chocolates, including chocolate fillings, decorations and compounds. The Group runs more than 60 production facilities worldwide and employs a diverse and dedicated global workforce of more than 13,000 people. The Barry Callebaut Group serves the entire food industry, from industrial food manufacturers to artisanal and professional users of chocolate, such as chocolatiers, pastry chefs, bakers, hotels, restaurants or caterers. The global brands catering to the specific needs of these Gourmet customers are Callebaut® and Cacao Barry®, Carma® and the decorations specialist Mona Lisa®. The Barry Callebaut Group is committed to make sustainable chocolate the norm to help ensure future supplies of cocoa and improve farmer livelihoods. It supports the Cocoa Horizons Foundation in its goal to shape a sustainable cocoa and chocolate future. Follow the Barry Callebaut Group: LinkedinYouTubeFlickrFacebook
Korea Herald
6 hours ago
- Business
- Korea Herald
Barry Callebaut Inaugurates Third Chocolate Factory in Neemrana, India
NEEMRANA, India, July 30, 2025 /PRNewswire/ -- Barry Callebaut, the world's leading manufacturer of high-quality chocolate and cocoa products, today inaugurated its third chocolate manufacturing facility in India. Strategically located in the Ghiloth industrial area of Neemrana, approximately 120 kilometers from Delhi, the 20,000-square-meter greenfield factory is equipped with advanced production lines for chocolate and compound in multiple formats, and integrated warehousing. The new factory marks a major milestone in Barry Callebaut's long-term growth journey in India. Over the past five years, the company has invested over INR 500 Crores (CHF 50 million) in India, underlining its confidence in the country's chocolate market and its commitment to strengthening local manufacturing and customer proximity. With the opening of this facility, India is now Barry Callebaut's largest chocolate-producing market in the Asia Pacific, Middle East, and Africa (AMEA) region. "India is the fastest-growing major economy in the world. As a global leader in chocolate and cocoa, Barry Callebaut is proud to play a role in supporting this growth. With our newest facility in India, we are reinforcing our leadership position and deepening our commitment to being the trusted partner to India's food industry, and to customers across the wider AMEA region," said Vamsi Mohan Thati, President of AMEA, Barry Callebaut. "India's chocolate market is evolving rapidly, driven by a young population, rising incomes, and a growing taste for premium and innovative products," said Dhruva Jyoti Sanyal, Managing Director, India & Southwest Asia. "This new factory enables us to meet that demand locally, foster innovation, and deepen our partnerships with local food manufacturers and artisans. Just as importantly, its location in Neemrana allows us to get significantly closer to our customers, particularly those based in the north-central part of this vast country, improving speed to market and customer intimacy." India is among the fastest-growing chocolate markets in the world, it is showing strong growth and expected to reach mid high growth. With a per capita chocolate consumption of under 200 grams annually, the country is experiencing a marked shift toward premium, high-quality chocolate products, opening new avenues for growth and innovation. Barry Callebaut has been present in India for over 18 years, with two existing manufacturing facilities in Baramati, and a Callebaut CHOCOLATE ACADEMY™ Center in Mumbai. These facilities have been instrumental in producing high-quality chocolate and compound products for both domestic and international markets. Building on this strong foundation, the new Neemrana factory will serve as Barry Callebaut's third chocolate factory and a northern hub in India, complementing its existing operations and enhancing its ability to serve its markets more efficiently. The Mumbai academy continues to serve as a hub for innovation and training, supporting chefs, artisans, and food professionals across the country. Most recently, Barry Callebaut also officially opens its Global Business Services Hub in Hyderabad to support its global business operations. Today, Barry Callebaut employs more than 400 people in India, serving customers through a growing footprint of manufacturing, innovation, and support capabilities. About Barry Callebaut Group ( With annual sales of about CHF 10.4 billion in fiscal year 2023/24, the Zurich-based Barry Callebaut Group is the world's leading manufacturer of chocolate and cocoa products – from sourcing and processing cocoa beans to producing the finest chocolates, including chocolate fillings, decorations and compounds. The Group runs more than 60 production facilities worldwide and employs a diverse and dedicated global workforce of more than 13,000 people. The Barry Callebaut Group serves the entire food industry, from industrial food manufacturers to artisanal and professional users of chocolate, such as chocolatiers, pastry chefs, bakers, hotels, restaurants or caterers. The global brands catering to the specific needs of these Gourmet customers are Callebaut® and Cacao Barry®, Carma® and the decorations specialist Mona Lisa®. The Barry Callebaut Group is committed to make sustainable chocolate the norm to help ensure future supplies of cocoa and improve farmer livelihoods. It supports the Cocoa Horizons Foundation in its goal to shape a sustainable cocoa and chocolate future.
Malaysian Reserve
21-07-2025
- Business
- Malaysian Reserve
Cocoa and Chocolate Market worth $28.24 billion by 2030- Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., July 21, 2025 /PRNewswire/ — According to MarketsandMarkets™, The cocoa and chocolate market is projected to grow from USD 23.69 billion in 2025 to USD 28.24 billion by 2030, at a CAGR of 3.6% from 2025 to 2030. The cocoa and chocolate market encompasses a variety of products, including confectionery items, bakery fillings, spreads, and flavored beverages. This market is experiencing growth as more consumers prioritize indulgent foods that also offer functional benefits. Contributing factors to this growth include rising disposable incomes, the introduction of premium products, and innovative offerings such as sugar-free and plant-based chocolate options. Additionally, product accessibility is improving due to the increasing prevalence of commercial options and digital-first retail strategies. Leading brands are investing in sustainable sourcing, traceability, and ethical certifications to align with consumers' expectations and comply with legislative standards, thereby gaining a competitive advantage. Browse in-depth TOC on 'Cocoa and Chocolate Market' 250– Tables 40– Figures 300– Pages Download PDF Brochure: By cocoa type, cocoa powder segment accounts for largest market share The cocoa powder segment holds a dominant position in the cocoa and chocolate industry due to its wide applicability and relatively low cost, with further support coming from its long shelf life. The powder is a necessary component in various sectors, including bakery, confectionery, dairy, beverage, and nutraceuticals. It also caters to increasing health-conscious consumer demands, especially in the low-calorie and functional food categories, having the advantages of an intense flavor and low-fat content. Its dry and stable nature makes storage, shipping, and incorporation into industrial processes quite easy, thus favoring it as the cocoa form for mass production. The demand for high-quality cocoa powder is rising, driven by the popularity of ready-to-drink cocoa beverages and nutrition-focused protein products. In February 2024, Barry Callebaut introduced a line of defatted cocoa powders under its Bensdorp brand, specifically designed for health and wellness applications. These powders aim to meet the growing need for low-fat, high-flavor cocoa options in sports nutrition and functional foods. At the same time, food companies are incorporating cocoa powder into plant-based and clean-label formulations to align with shifting consumer preferences. Emerging markets in the Asia-Pacific and Latin America are experiencing significant growth due to an expanding middle-class population and increasing interest in chocolate-flavored products. As a result, cocoa powder is expected to remain a dominant category within the cocoa market during the forecast period. By distribution channel, offline segment accounts for largest market share Offline modes of distribution account for the major chunk of the cocoa and chocolate market. Supermarkets, hypermarkets, convenience stores, and specialty retail channels are primary distribution outlets for chocolate products. These channels often attract direct consumer patronage due to their wide reach, immediate product availability, and the tendency for consumers to want to inspect products physically before purchasing, particularly for premium chocolates or seasonal gifts. In retail settings, in-store promotions, festive displays, and product sampling significantly encourage impulse buying. Additionally, brands often partner with large retail chains strategically to ensure maximum visibility for their products on store shelves, which positively affects consumer recall and brand awareness. In contrast, in countries like the U.S., Germany, and Japan, where organized retailing is more developed, offline sales are well-supported. Post-pandemic, there has been a notable increase in online shopping; however, structural challenges still heavily influence the retail landscape. Offline sales continue to dominate in terms of volume, as traditional buying behaviors and the perishable nature of chocolate complicate acceptance during transit in many regions. While online sales are on the rise, offline formats will likely remain dominant due to the experiential nature of shopping and the effective introduction of new products and promotional bundles in physical stores. Request Sample Pages: By region, Asia Pacific to register highest CAGR during forecast period The Asia Pacific region is estimated to be the fastest-growing market for cocoa and chocolate during the forecast period. This rapid development is driven by several factors, including rising disposable incomes, shifting dietary preferences, and urbanization in emerging economies such as India, China, Indonesia, and Vietnam. The expanding middle-class population in these countries is increasingly interested in premium and indulgent chocolate products, particularly among the youth who are eager for new flavors and innovative packaging. Additionally, gifting chocolates during festivals and weddings has become a popular consumption trend across the region, reminiscent of Western cultural practices. Modern retail formats are rapidly expanding, and e-commerce is experiencing significant growth, ensuring better accessibility to products. Global companies are investing heavily in local marketing and developing regional product variations to cater to diverse consumer preferences. There is also a growing demand in the regional chocolate industry for clean-label, sugar-free, and fortified products due to increasing health concerns. In June 2024, Hershey established additional manufacturing capacity in Malaysia, along with a research and development innovation hub, to create tailored products for the Asian market. Moreover, governments in the region are supporting the development of food processing infrastructure, which improves supply chain efficiency. Overall, these factors are driving market growth in the Asia Pacific region, making it a key landscape for new investments and innovations in the cocoa and chocolate industry. The report profiles key players such as Cargill (US), Barry Callebaut (Switzerland), Olam Group (Singapore), Mars, Incorporated (US), Ferrero Group (Italy), Mondelez International (US), Guan Chong Berhad (Malaysia), Lindt & Sprüngli (Switzerland), and Fuji Oil (Japan). Get 10% Free Customization on this Report: Browse Adjacent Reports @ Food and Beverage Market Research Reports & Consulting Related Reports: Frozen Bakery Products Market by Type (Bread, Pizza Crusts, Cakes & Pastries), Distribution Channel (Conventional Stores, Specialty Stores), and Form of Consumption (Ready-to-Proof, Ready-to-Bake, Ready-to-Eat) – Global Forecast to 2026 Nut Products Market by Product Type (Nut Butter, Nut Paste/Marzipan Paste/Persipan Paste, Nut Fillings with Cocoa, Nut Fillings without Cocoa, Caramelized Nuts, and Nut Flour), Nut Type, Application, Quality, Category and Region – Global Forecast to 2027 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter , LinkedIn and Facebook . Contact:Mr. Rohan SalgarkarMarketsandMarkets Inc. 1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Insight: Our Website: Source: Logo: View original content:
Yahoo
18-07-2025
- Business
- Yahoo
Cocoa Prices Finish Sharply Lower as Global Cocoa Demand Craters
September ICE NY cocoa (CCU25) on Thursday closed down -330 (-4.32%), and September ICE London cocoa #7 (CAU25) closed down -258 (-5.10%). Cocoa prices plunged on Thursday, with NY cocoa sliding to an 8-month nearest-futures low and London cocoa slumping to a 17-month nearest-futures low. Weakness in global cocoa demand is hammering prices. The European Cocoa Association reported Thursday that Q2 European cocoa grindings fell by -7.2% y/y to 331,762 MT, a bigger decline than expectations of -5% y/y. Also, the Cocoa Association of Asia reported that Q2 Asian cocoa grindings fell -16.3% y/y to 176,644 MT, the smallest amount for a Q2 in 8 years. More News from Barchart Bears Have the Advantage as Arabica Coffee Falls. Here Are the Levels to Watch Before You Sell. Arabica Coffee Resumes Climb on Dry Brazil Weather Cocoa Prices Fall on Expectations for Weak Q2 Demand Figures Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Cocoa prices have also seen weakness on reports of favorable weather conditions in cocoa-growing areas in the Ivory Coast and Ghana, although the weather is less favorable in Nigeria and Cameroon. Demand concerns are weighing on cocoa prices after chocolate maker Barry Callebaut AG reduced its sales volume guidance last Thursday for a second time in three months, citing persistently high cocoa prices. The company projects a decline in full-year sales volume and said there was a -9.5% drop in its March-May sales volume, the largest quarterly drop in a decade. In a bearish factor, ICE-monitored cocoa inventories held in US ports climbed to a 10-month high of 2,363,861 bags on June 18 and were modestly below that high at 2,346,466 bags as of Thursday. Higher cocoa production by Ghana is bearish for cocoa prices. On July 1, the Ghana Cocoa Board projected the 2025/26 Ghana cocoa crop would increase by +8.3% y/y to 650,000 from 600,000 MT in 2024/25. Ghana is the world's second-largest cocoa producer. Monday's government data showed that Ivory Coast farmers shipped 1.73 MMT of cocoa to ports this marketing year from October 1 to July 13, up +6.8% from last year but down from the much larger +35% increase seen in December. Cocoa prices have support from quality concerns regarding the Ivory Coast's mid-crop cocoa, which is currently being harvested through September. Cocoa processors are complaining about the quality of the crop and have rejected truckloads of Ivory Coast cocoa beans. Processors reported that about 5% to 6% of the mid-crop cocoa in each truckload is of poor quality, compared with 1% during the main crop. According to Rabobank, the poor quality of the Ivory Coast's mid-crop is partly attributed to late-arriving rain in the region, which limited crop growth. The mid-crop is the smaller of the two annual cocoa harvests, which typically starts in April. The average estimate for this year's Ivory Coast mid-crop is 400,000 MT, down -9% from last year's 440,000 MT. On May 30, the International Cocoa Organization (ICCO) revised its 2023/24 global cocoa deficit to -494,000 MT from a February estimate of -441,000 MT, the largest deficit in over 60 years. ICCO said 2023/24 cocoa production fell by 13.1% y/y to 4.380 MMT. ICCO said the 2023/24 global cocoa stocks/grindings ratio fell to a 46-year low of 27.0%. Looking ahead to 2024/25, ICCO on February 28 forecasted a global cocoa surplus of 142,000 MT for 2024/25, the first surplus in four years. ICCO also projected that 2024/25 global cocoa production will rise +7.8% y/y to 4.84 MMT. On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
