Let’s go into 2019 on a positive note about the health of the industry from this March 2018 article.
The U.S. chocolate market is expected exceed $20 billion by 2025, according to research by United Kingdom-based firm IndexBox.
The research firm noted the market reached $17.6 billion in 2016, up $819 million — or 5 percent — from 2015. This figure reflects total revenue of producers and importers and excludes logistics costs, retail marketing costs and retailers’ margins. Overall, the U.S. chocolate market grew on average by 4.1 percent each year between 2008 and 2016.
Chocolate and confectionery consumption in the United States is expected to continue its upward trend, supported by population growth and rising purchasing power, along with increasing demand for premium chocolate and confectionery items. Furthermore, greater interest in healthy lifestyles continues to drive consumption of sugar-free, organic and dark chocolate.
However, an increase in production costs, which consequently led to a surge in consumer prices, and changes in consumer preferences toward products with lower sugar content are key factors constraining market performance.
As a whole, the market is projected to grow by 1.8 percent each year between 2016 to 2025, putting the expected market value at $20.7 billion by 2025.
December 19, 2018 – In effort to preserve and propagate fine flavor cacao, some of which are rare, wild and ancient types, the Heirloom Cacao Preservation Fund (HCP) has built nurseries, set up experimental farm plots and trained local farmers in cultivation techniques at three Heirloom designee sites.
The best tasting chocolate in the world starts with the finest cacao. But fine flavor cacao is poised for extinction. The chocolate industry in general is focused on chocolate as a commodity and supports programs that replenish cacao orchards with cacao tress bred to produce high yields and are disease resistant – not bad attributes at all – but flavor has never been a consideration. We are fighting to change that one farm at a time.
If we don’t protect cacao biodiversity, a world of boring chocolate that all tastes the same will eventually dominate. Remember what happened to tomatoes and strawberries? Concern for high yield took over consideration of flavor, and now we are left with mostly bland tasting tomatoes and strawberries in our super markets.
Don’t let that happen to chocolate! Buy chocolate the tastes really good even if it costs more. See the fine chocolate makers and chocolatiers using Heirloom cacao. https://hcpcacao.org/buy-heirloom-chocolate/
”It is through the efforts of those who love fine chocolate and the determination of farm families to protect the cacao from which it is made, that has resulted in this remarkable progress.” Dan Pearson, HCP President
About the new HCP Nursery Projects
This work has been conducted as a part of an 18-month grant awarded to HCP by the Lesley Family Foundation, operating from December 2017 to June 2019. A year into their projects, the three participating Heirloom designees have successfully conducted training and laid the foundation for the preservation of fine flavor cacao in the Latin America region.
To read the full mid-term report on the specific progress that has been made by the three Heirloom designees, please email Anne Zaczek email@example.com for a copy.