Barry Callebaut's Expansion Would Be Aided By Drop In Cocoa Prices

The chief executive of the world's largest business-to-business chocolate manufacturer Barry Callebaut has said in an interview with Reuters that he expects global demand for chocolate to move back into positive territory in the second half of 2010. The firm reported a drop in demand in line with the global economic downturn, but has claimed that the trend is 'turning from positive to negative.' BMI sees the company as fairly well positioned to benefit from an expected rise in global chocolate consumption, fuelled by increased demand in high-growth emerging markets (EMs). However, the firm will need to invest heavily to

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