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Haigh's chocolate business overview
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The annual revenue of Australia’s confectionery industry is estimated around AUD 1 billion. While the speciality-chocolate industry is expected to grow by 2.7% over the next five years, overall the Chocolate and Confectionery Manufacturing industry in Australia has remained resilient despite unfavourable economic conditions, with an anticipated annual growth rate of 2.4% till 2016. The major players in the speciality chocolate industry are Chocolateria San Churro Limited and MB Australia 2000 Pty Ltd.
Products available at Haigh's Chocolates
Haigh's is Australia's oldest speciality-chocolate maker and offers a large collection of chocolates, including boxed chocolates, loose chocolates, gift collections, Easter chocolates, among others. Initially sold during intermissions in theatres, Haigh's was severely affected by the advent of
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In view of enhancing customer experience, chocolate tasting, gift wrapping and personalised attention are part of the service provided at Haigh's stores.
Suppliers of Haigh's Chocolates
Due to the unavailability of a viable cocoa growing industry in Australia, Haigh's is obliged to import premium-priced raw high-quality cocoa bean.
With the absence of a viable cocoa growing industry in Australia, premium priced, raw high-quality cocoa beans around the world including South America, Africa and the Pacific is therefore imported. However the roast and blend procedures are com-pleted locally, thereby ensuring the high-quality chocolate production.
The CEO Alister Haigh stated that the strong Australian dollar has made it cheaper to source cocoa and packaging from countries such as Italy, France and China.
Notwithstanding the above, ingredients such as sugar, milk powder, dried fruit and nuts from within Australia are sourced from Australian
During Valentine’s week alone, millions of pounds of chocolate candies alone are sold (“Who consumes the most chocolate,” 2012, para 8). This naturally creates a demand for product, which in turns causes a need for ingredients. The main component in chocolate, of course, is cocoa. Since Côte d’Ivoire provides 40 percent of the world’s supply of this crucial ingredient (Losch, 2002, p. 206), it merits investigation i...
The biggest similarity is the fact that they both are exploiting mankind in one way or the other. However, coco companies and Fiji water put hard times on its own people. In the case of chocolate manufacturing companies such as coco manufacturers in Africa allegedly involved in child trafficking. Conversely, Fiji water supplies its product to western nations regardless of the polluted water outbreaks in Fiji.
Throughout the book The Chocolate War by Robert Cormier there are many different themes that happen during the story to progress the plot. But there are three main themes : manipulation, power, and choices. All of which are seen by a lot of the main characters.
Market research and information about the industry is very important to the organization because it will allow the organization to position itself well in terms of sourcing chocolate raw materials and in identifying the market for its products. For example, understanding that some chocolate product purchases are seasonal, e.g., at Christmas; around Mother’s Day; and, on Valentine’s Day, allows the organization to have more product on hand and to create displays, in store, that will increase purchases and attract more customers when existing customers tell their friends about the availability of high end products, at reasonable prices, in their store.
Coe, Sophie D., and Michael D. Coe. The True History of Chocolate. 2nd ed. New York: Thames and Hudson, 2007. Print.
Hershey Canada is one the largest competitors in the chocolate bar market. Hershey brands have a strong market value and a long history dating back to 1903. Hershey Canada owned three of the top five chocolate bars sold in 2000 to 2001. Hershey's three principle brands held ...
Chocolate companies changed from minimal production to massive manufacturing. Thus, targeting different market segments that weren’t possible to reach due to the high cost of the good. The market was able to shift because of the industrialization process that includes several innovations, such as van Houten’s process, this allowed a broad production and distribution of chocolate that spread around the globe.
The market can be further divided according to gender because both men and women have different tastes (chocolate shapes, packaging, and type of liquor). It is known that women are already consuming chocolate. In fact, the numbers of women that consume chocolate far outnumber the numbers of men that consume chocolate. It follows that there is a ready market for the commodity in question. Nonetheless, the reality that introducing alcohol to make liquor-filled chocolates increases the market.
(Preview Speech) Chocolate goes through the harvesting of the cocoa bean, to the processing at the factory, to even more processes to finalize the product.
The production of chocolate takes place in several stages. First, the bitter cacao seeds have to be fermented so that their intense bitter taste becomes milder. After fermentation, the beans are dried, cleaned and roasted. The cocoa mass is then obtained, which represents pure chocolate in rough form. When this mass is liquefied, it is transformed into chocolate liquor, which, on the other hand, may be further processed into cocoa solids or cocoa butter. Various chocolate products are produced as a result from different combinations of cocoa solids and cocoa butter as well as from adding other ingredients such as milk, sugar, all sorts of flavors, etc.
"Food: The History of Chocolate." Birmingham Post 11 Dec. 2004, First ed., Features sec.: 46. Print
Introduction The 58 million pounds of chocolate eaten on chocolate the drenched holiday of Valentines Day is likely made from cocoa beans from West Africa. The Ivory Coast, also known as Cote D'ivoire in Africa is the source of about 35 percent of the world’s cocoa production. These cocoa beans were likely harvested by unpaid child workers that are being held captive on plantations as slaves. Chocolate companies use these cocoa plantations as their cocoa source for their chocolate products. And since the companies want to maximize their profit, they push plantation owners to lower prices, causing plantations to cut price any way possible (Philpott).
The Theobroma cacao tree is where it all started. Olmecs, Aztecs, and Mayans were the original consumers of cocoa: they would form it into a drink and ingest it for medicinal reasons (Allen Par. 7). The Spanish then brought it back to Europe and continued to treat a variety of ailments with it (Allen Par. 7). In the last 40 years people have started to question the health benefits of chocolate, but new research is starting to prove that the Olmecs, Aztecs, Mayans and Spaniards were not too far off. Now, the pods from the tree containing cocoa beans are collected, and the cocoa beans are taken out of the pod (Healing Foods Pyramid Par. 15). The beans are then fermented, dried, roasted, then ground to make cocoa liquor (Healing Foods Pyramid Par. 15). The cocoa liquor is then combined with sugar, vanilla, and cocoa butter to make what is now known as chocolate (Healing Foods Pyramid Par. 15). Controversy over the health benefits and detriments of chocolate is slowly subsiding, but there are many things that a lot of people still do not know about how chocolate can affect ones health. Chocolate is misunderstood.
This means that each party can make choices. However in chocolate manufacturing one of the parties is often a large multi million dollar corporation and the other is a small farming company. Concern about the impact of this on small primary producers in developing countries lead to the Fairtrade agreement which Cadburys is a part of. By signing up to the Fairtrade agreement Cadburys agree to buy cocoa at a certain value. Last year Cadburys sold over 7 million chocolate products made with Fair Trade cocoa and this supported 65,000 jobs in
Cocoa production is predicted of getting shortage of supply in 2020 (Nelson, 2017). The famous chocolate drink that Malaysian drink daily, Milo contains cocoa. Other than Milo, Koko Krunch, Nestle Crunch Wafer, KitKat are also mainly made from cocoa. Nestle as a company which largely depends on cocoa bean for its products, will become one of the victim of this cocoa supply risk. The biggest cocoa producer in the world, Ivory Coast, is facing the problem of diseases infected in cocoa plant, frequent rain, and buyers forcing producers to sell cocoa at very low price (The Guardian, 2014). In Malaysia and Indonesia, cocoa plantations are threatened by a tiny moth named as cocoa pod borer which eat the seed (Nelson, 2017).. These pests has cost cocoa