Chocolate lover? Better sit down for this… The world is running out of cocoa
Chocoholics, you've been warned! The price of delight is set to skyrocket as the industry faces an extreme cocoa shortage.
Picture: © vyshniakova/123rf.com
Clarence Ford interviews Anthony Gird, Co-founder of Honest Chocolate.
Listen below.
The chocolate industry faces a serious cocoa shortage, causing ripples throughout the global chocolate market.
A shortfall of cocoa beans has pushed processing plants in Côte d’Ivoire and Ghana - responsible for 60% of worldwide production - to the brink of closure.
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Ageing trees, plant diseases, and adverse weather conditions are severely impacting crops, a trend expected to persist into the upcoming year.
Consumers must prepare for imminent price hikes, warns Gird, who says prices are set to skyrocket.
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"It's quite a crisis."
- Anthony Gird, Co-founder – Honest Chocolate
"I think it's triple the price that the record was in the 70s."
- Anthony Gird, Co-founder – Honest Chocolate
Scroll up to the audio player to listen to the interview.