Chocolate Prices Rising 2024. Now the industry is facing a reckoning. But it's not all bad news.
The company has said it commands a 13% share in the global chocolate market. The bean is now more valuable than several precious metals and has surged faster than even bitcoin.
Read More To See My Thoughts.
Cocoa prices have doubled in the first 2.5 months of 2024 and have rallied by over 300% in less than two years.
This Easter Season, Consumers Can Expect A Spike In Prices For Their Favorite Chocolate Treats As Cocoa Prices Have Reached Historic Highs Due To Dwindling.
The company has said it commands a 13% share in the global chocolate market.
Abc News Has Reached Out To Mondelēz International And The Hershey Company For Comment On The Possible Price Increases.
Images References :
Cocoa Prices Are Going Nuts:
Now the industry is facing a reckoning.
Cocoa Futures Have Doubled In Less Than Three Months As Their Landmark Surge Intensifies, Putting The Focus Back On Expensive Chocolate Costs Ahead.
April 1, 2024 at 9:05 am pdt.
Will Rising Cocoa Prices Trigger A Chocolate Crisis?