Dubai’s influence in the growing cocoa sector in Middle East region has been further strengthened by the announcement that Barry Callebaut has inaugurated a new CHOCOLATE ACADEMY at the foot of Burj Khalifa, one of the world's most iconic landmarks.
Chocolate consumption in China still lags behind its neighbours in the confectionery category, but it is increasingly finding flavour through innovation in local cuisine – including steamed buns and even rice.
Premium chocolate company Barry Callebaut wil introduce its Cocoa Horizons sustainability project in Indonesia this year, following respectable global sustainability results revealed in its recently-published Forever Chocolate Progress Report 2017/18.
Once perceived as an exotic delicacy – bought only as a luxury gift or an extravagant treat – the Chinese consumers’ taste for chocolate is growing and the ingredient is quickly cementing a niche for itself in bakery.
Barry Callebaut may build another chocolate factory in China as its current 30,000-suqare-meter site in the Suzhou Industrial Park is ‘already operating at near full capacity,’ says the company’s Asia Pacific president, Ben De Schryver.
Recovery in the chocolate market is underway in the US, Brazil and China but Western Europe has been slow to rebound and Eastern Europe still shows negative growth rates, said Barry Callebaut as it released robust full year results for 2010.