Chocolate may cost more as cocoa rates increase 28% in 2020

Chocolate prices are likely to go up in India as its key ingredients – cocoa and its products – have become costly. Global cocoa prices have increased 28% over the past year and are set to climb further following a crisis in West Africa, the top producing region....

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Ferrero overtakes Nestle in India chocolate revenues

Nearly eight years after entering India, Italian chocolate maker Ferrero India, the maker of Kinder Joy chocolates and Nutella chocolate-hazelnut spread, posted revenues of Rs 929 crore during the seven months ended March 2015. The company changed its accounting year from August in 2014. Nestle’s chocolate division, which...

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Mars International to launch global chocolate leader M&Ms

Confectionery maker Mars International on Wednesday said it is launching the world's biggest confectionery brand M&M's in the country. Mars' top selling brand across markets, M&M's which tops sales of over a billion dollars, will add to the company's domestic portfolio which includes Mars, Snickers, Galaxy and Bounty....

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