Chocolate News
As cocoa prices hit record highs, small chocolate shops feel the impact
SPECTRUMNEWS1.COM The price of cocoa is hitting record highs, data shows. It nearly doubled between 2023 and 2024 due to a variety of factors, including crop issues in Africa, where most cocoa is produced.Chocolate Market Growth Trends and Forecast Report 2025-2033
The world is developing a deeper appetite for chocolate, with the global chocolate market projected to expand from US$ 138.45 billion in 2024 to US$ 205.39 billion by 2033. This growth, exhibiting a compound annual growth rate (CAGR) of 4.48% during 2025-2033, is catalyzed by diverse factors, including heightened demand for premium chocolate, healthier alternatives, and innovative flavors and packaging. Consumer preferences are shifting towards upscale artisanal and nutritious options, with dark and organic chocolates finding particular favor for their antioxidant richness.
Chocolate and cocoa prices have doubled in the past year, here’s why
In December 2024, cocoa prices soared to an unprecedented $12,646 per metric ton. Experts link this jump to years of adverse weather, which has been linked to climate change, and the cocoa swollen shoot virus in West Africa.
Pairing chocolate with tea could have surprising health benefits, experts say
Tea and chocolate, particularly dark chocolate are high in antioxidant polyphenols, which target free radicals and can reduce the risk of cancer and have other health benefits. Healthline reports the antioxidants and flavanols in cocoa and dark chocolate can reduce inflammation and help keep the endothelial cells that line the arteries healthy. Popular teas like green tea, ginger and rosehip can also fight inflammation and prevent oxidative damage, the journal also notes.
Happy Chocolate Chip Cookie Week! March 2-8, 2025