Asia’s Chocolate Binge Compounding Global Cocoa Shortage
date:Jul 16, 2014
Surging consumption of chocolate in Asia is pushing cocoa-bean prices to the highest level in three years as buyers including Barry Callebaut AG expand their search for more supply.

While demand in the region ranked as the worlds lowest per capita in 2013, the market will grow at almost twice the global rate over the next four years, according to researcher Euromonitor International Ltd. Barry Callebaut, based in Zurich and the worlds largest producer of bulk chocolate, has doubled capacity in
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