Chocolate becoming scarce

The world’s chocolate growers are sending out the message that chocolate is becoming so expensive only the wealthy will be able to afford it. The industry has been plagued by disease and scarcity. Diseases and bad weather in the tropics this year where cacao plants flower have hit the crop badly. Witches broom and frosty pod rot cause up to US$750 million of damage per year. This year the damage will be worse, but annual demand for chocolate continues to escalate.

The amount of suitable land in cocoa growing areas will halve by 2050 as a result of global warming, so we should apparently anticipate the price soaring soon.

Source: South Morning China Post

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