Cocoa prices surging amid growing demand and climate change
Source: Fdiforum
The growing global demand for cocoa derivatives coupled with climate conditions threatening production in West Africa is pushing prices up with Beroe predicting the global cocoa market to reach $10 billion by 2026.
“Worldwide, we’ve seen demand for cocoa increase year over year for the past 10 years,” said Nagarajan S, Team Lead, Agro Commodities and Food Ingredients at Beroe.
Source:
https://fdiforum.net/mag/cocoa-prices-surging-demand-climate-change/
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