Tag Archives: Chocolate industry

The latest news on the cocoa market is that prices surged to a record high of US$9,733/ tonne late in March 2024 and recently topped US10,051/ tonne as inclement weather decimates yields in major production areas. Consequently, the price of chocolate which is the most popular and the largest byproduct …

By Guy Shone & Laila Humairah  •  Updated: 09/12/2021 Who doesn’t love chocolate? Lots of us find it hard to resist, which means we are contributing to the more than seven million metric tonnes consumed worldwide every year. All that desire to eat the sweet treat has made the chocolate industry worth over 124 …

Some bad news for chocolate lovers: the future of cocoa, which is the basis of the 100 billion dollars chocolate industry, is under threat. There are multiple factors behind this threat, from global warming to pest. The extent of the threat is so serious that some scientists think that the …