Future of the chocolate industry looks sticky
The Easter Bunny may put a bounce in chocolate sales, but the industry is under threat from changing consumption patterns and difficulties with cocoa farming. More than 3 million tons of cocoa beans are consumed worldwide annually, according to the World Cocoa Foundation. Global demand continues to rise, in part due to increasing demand from emerging markets for confectionery. The overall chocolate market rose 13 percent between 2010 and 2015 to hit $101 billion, according to Euromonitor, a market research firm.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063