The global cocoa shortage tested ELAVI’s agility was tested ... reformulated the chocolate-based products to incorporate cocoa powder, which offered greater availability and cost efficiency.

An curved arrow pointing right. A huge cocoa shortage has hit the world's top cocoa-growing countries. Now, for the third year in a row, there are not enough cocoa beans to meet global demand.

A shortage of cocoa beans over the past year has sent prices for the key ingredient for chocolate soaring, leading candy companies and consumers alike to lean toward non-chocolate treats.

It’s almost Halloween. And if you're favorite candy is chocolate, there's now a trick to get your treat. Here’s why you'll be paying more to get less of the goods. Select whether each of the ...

What’s causing the spike in chocolate prices? The cost of cocoa powder, the raw material from which chocolate is made, surged earlier this year to nearly triple its previous level. While prices ...

“The reality is that the global cocoa shortage looks set to continue, which is also unfortunately likely to have ongoing impacts on the price of all chocolate into the future.” The decision ...

Higher costs for sugar and cocoa have boosted the cost of chocolate in recent years. And confectioners need to keep up.