Cocoa news
Here are some recent news articles and updates related to cocoa:
Industry News
- Cocoa prices rise: The International Cocoa Organization (ICCO) has reported a significant increase in cocoa prices due to a combination of factors, including a decline in global production and strong demand. (Source: Food Business News)
- Cocoa sustainability initiatives: The World Cocoa Foundation (WCF) has launched a new initiative to promote sustainable cocoa production and reduce deforestation in cocoa-growing countries. (Source: Confectionery News)
- Cocoa processing capacity expansion: Barry Callebaut, a leading cocoa processor, has announced plans to expand its processing capacity in Asia to meet growing demand for chocolate and cocoa products. (Source: FoodBev Media)
Market Trends
- Growing demand for dark chocolate: Dark chocolate is gaining popularity globally, driven by consumer preferences for healthier and more premium chocolate products. (Source: Euromonitor International)
- Cocoa butter prices surge: Cocoa butter prices have risen sharply due to strong demand from the cosmetics and pharmaceutical industries. (Source: Reuters)
- Chocolate sales boost: Chocolate sales have seen a significant boost during the COVID-19 pandemic, driven by consumers seeking comfort and indulgence. (Source: The Guardian)
Sustainability and Social Responsibility
- Child labor concerns: The ICCO has reported that child labor remains a significant issue in the cocoa industry, with many children still working in hazardous conditions. (Source: The Guardian)
- Deforestation and biodiversity: The cocoa industry has been criticized for its role in deforestation and biodiversity loss, with many organizations calling for more sustainable practices. (Source: The New York Times)
- Fair trade and certification: Fair trade and certification schemes are gaining popularity as consumers seek to support more ethical and sustainable cocoa production practices. (Source: Fairtrade International)
Research and Innovation
- Cocoa genome mapping: Scientists have successfully mapped the cocoa genome, which could lead to the development of more disease-resistant and climate-resilient cocoa varieties. (Source: Science Daily)
- Cocoa-based food products: Researchers are exploring the development of new cocoa-based food products, such as cocoa-infused beverages and snacks. (Source: Food Navigator)
- Cocoa processing technology: Innovations in cocoa processing technology are improving efficiency and reducing waste in the industry. (Source: Confectionery News)
These are just a few examples of the latest news and updates related to cocoa. If you have any specific questions or topics you'd like to know more about, feel free to ask!