Chocolate News

Global Chocolate Market to Reach $161 Billion by 2024

FoodInstitute.com The global chocolate market was valued at around $103.28 billion in 2017 and is expected to reach approximately $161.56 billion in revenue by 2024, growing at a CAGR of around 7% between 2018 and 2024, according to a Zion Market report Chocolate Market by Type of Chocolate (Dark, Milk, and White) and by Sales Category (Everyday Chocolate, Premium Chocolate, and Seasonal Chocolate). The huge demand for chocolate on seasonal and festival occasions is driving the expansion of this market. However, the high cost of raw material might hamper the global chocolate market during the forecast period.

6 Reasons Chocolate is a Miracle Health Food

KSL.com

Chocolate is prized as a delectable treat. Historically, it was also highly desired for its healthful properties. “For several centuries in pre-modern Latin America, cacao beans were considered valuable enough to use as currency,” wrote Amanda Fiegl for Smithsonian.com. And she reports that anthropologists at the University of Pennsylvania say chocolate was consumed as a beverage as far back as 1400 B.C. Here are six reasons to indulge in healthy chocolate the next time you’re craving sweets.

A DARK, HANDSOME RIVAL PLANS TO MUSCLE IN ON NUTELLA

QZ.com

It’s being called the jar wars. For decades, the Italian spread known as Nutella has sat placidly upon its throne—the undisputed queen of the chocolate (and chocolate-hazelnut) spreads, with 54% of global market share. Now there’s a pretender looming in the wings. Pasta manufacturer Barilla—you know them by their blue boxes—is formulating a rival chocolate spread that aims to knock Nutella from its lofty shelf. The spread is to be called Crema Pan di Stelle—a liquid form of the famous, star-studded chocolate cookies.

Five Steps to the Ultimate Chocolate Experience

ABS-CBN.com

One does not need to be an expert to fully enjoy fine chocolates, or know how to distinguish single-plantation from single-origin chocolates. Chocolate-tasting is a far more informal affair, guided by one’s own personal preference and palate. Some may prefer the strong bitter taste of pure dark chocolate while others might lean towards creamier, lower-percentage chocolate confections.

Good chocolate, when savored properly, allows you to appreciate subtleties of flavor and tones that you would not want to miss out on. The key thing to remember is to engage all your senses to make it truly an ultimate sensorial experience. The following are a few guidelines.

Chocolate flows down German street after factory accident. Willy Wonka couldn’t be reached for comment

USA TODAY

A ton of chocolate hardened on a German street, leaving 25 firefighters to clean it up using hot water, shovels and blow torches. German newspaper, Soester Anzeiger, reported that a “small technical defect” involving a storage tank caused the liquid chocolate leak from a DreiMeister chocolate factory in Westoennen on Monday night. It apparently overflowed. Quite a bit. Onto nearly four miles of a nearby street.