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How brands are tackling cocoa shortages, shrinkflation, and pricing pressures

Summary by confectionerynews.com
Soaring cocoa prices and the cost-of-living crisis are pushing confectioners to rethink pricing, pack sizes, and innovation. Discover how brands are adapting to the new confectionery economy.

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Also the competitors Lindt & Sprüngli and Ritter Sport have raised prices

·Vienna, Austria
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The rising prices for cocoa are also having an impact on production in Germany. Consumers will receive less Milka chocolate in the future.

·Germany
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To ensure that Milka does not have to increase its prices due to rising cocoa prices, the chocolate bars will be 10 or 20 grams lighter in the future. Lindt & Sprüngli and Ritter Sport, on the other hand, are increasing or have increased their prices.

·Vienna, Austria
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The Mondelez Group will reduce the weight of its Milka chocolate bar to 90 grams. The move was made due to the rising price of cocoa and energy. The reduction applies to classic flavors, while others have already been reduced.

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Milka has recently raised prices for chocolate bars. As has now been confirmed, the package size is also being reduced.

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Bias Distribution

  • 67% of the sources lean Left
67% Left
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Die Presse broke the news in Vienna, Austria on Thursday, January 30, 2025.
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