Future recovery in the cocoa industry hinges on successfully managing the increasing costs associated with production and global market pressures.
2 reports, 2 independent
Updated May 26
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What happened
Future recovery in the cocoa industry hinges on successfully managing the increasing costs associated with production and global market pressures.
How it developed
Newest first. Tap a step to see who reported it.- Major chocolate companies, including The Hershey Company and Mondelez International, are raising prices due to rising cocoa costs and new EU mandates against deforestation.Sub-event
- Rising cocoa costs are forcing price increases for The Hershey Company.Sub-event
- Due to volatile cocoa markets, companies like Hershey Co. and Aare Lindt are passing on cost increases to consumers.Sub-event
- Mondelez International and Michele Buck are raising prices to offset rising cocoa costs.Sub-event
- Poor harvests in West Africa caused a cocoa shortage, impacting the global supply chain.Sub-event
Rising cocoa costs are impacting the industry, specifically affecting major players like Hershey Company.1 source
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Coverage
Newest first; wire copies grouped- confectionerynews.com
- ZacksIs Mondelez's Pricing Power Enough to Offset Cocoa Cost Surge? Mondelez International, Inc. (MDLZ) entered the second quarter of 2025 facing intense cocoa cost inflation, but its pricing power played