Barry Callebaut Expects Chocolate Market To Remain Flat In 2010
Chocolate maker Barry Callebaut believes that after a volume contraction of the global chocolate market by more than 2% in the past fiscal year, the decline has bottomed out and it expects the chocolate market to remain flat in volume terms in 2010.
The company has reported sales revenues of CHF1.45bn for the first three months of fiscal year 2009/10, ended November 30, 2009, an increase of 1.5% compared to CHF1.42bn for the corresponding quarter prior year.
Sales volume for the period was 362,973tonnes, an increase of 7.2% compared to 338,513tonnes for the corresponding period prior year.
The company said that the most significant volume increases were noted in region Asia (17.7%), region Americas (15.6%) and in global sourcing & cocoa (14%). Sales revenue increased by 6.3% in local currencies, but was impacted by adverse currency translation effects.
Juergen Steinemann, CEO of Barry Callebaut, said: We are very pleased about our significant sales volume growth in the first three months of our current fiscal year. We attribute our own success in this tough economic environment to the ongoing implementation of previously signed outsourcing deals, the strong sales performance of our Gourmet & Specialties products as well as market share gains in all regions.
Related Insight
Suppliers Directory
Processed Foods Bakery & Cereals Confectionary Pasta & Noodles Savory Snacks Sweets & Desserts
Condiments & Ingredients Ingredients Oil & Fats Sauces & Spreads Soups
Chilled & Deli Food
Special Foods Baby Food Health Foods
Food Technology Process & Production IT & Software Packaging Sustainability
Marketing & Regulatory Regulatory & Food Safety Supply Chain Retail
Intelligence
Until recently, the beverages market was divided simply between alcoholic and non-alcoholic beverages. As consumers’ tastes grew more sophisticated and demand surged for a variety of beverage options catering to lifestyle changes and health concerns, the beverages industry has responded with a dizzying array of options to choose from. This report focuses on the U.S. and world markets for beverages across several broad categories. For the purposes of this study, TriMark Publications has divided the global beverages markets into the following product segments include: 1) alcoholic beverages such as wines, beers and spirits; 2) non-alcoholic beverages such as bottled water and milk; 3) brewed beverages such as coffees and teas; 4) carbonated beverages such as sodas and soft drinks; 5) non-carbonated juice products both fresh and pre-packaged; and 6) energy drinks which are generally caffeinated beverages in both carbonated and non-carbonated forms. For each market segment, this study presents the latest information on size, growth rates, sales projections and factors influencing growth in the U.S. and internationally. Reports Buy online from $449
Comments may be moderated for spam, obscenities or defamation.