How Will Chocolate-Makers Respond to Rising Cocoa Prices?

Cocoa prices have doubled in the past year, and commodity prices surpassed the $10,000/ton mark in the latter part of March 2024, as compared to the $2,000 to $3,000 range of the past 15 years.

Chocolate makers and others in the food industry must look for solutions, and customers will see changes in pricing and product design as a result.


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By |2024-04-17T01:47:05+00:00April 17, 2024|Tags: , , , |

Shrinkflation Grabs National Attention

Shrinkflation is a well-established practice of shrinking the amount of product in a package while maintaining the price, which increases the price per unit.

This tactic has been used by many food producers, and other industries as well. However, the practice has recently come under attack by many, including U.S. President Joe Biden.

Recent examples of shrinkflation include Gatorade reducing its drink size by 12%. Double-Stuffed Oreos now weigh 6% less. Some particularly interesting examples are Darigold Milk reducing the size of […]

Craft Breweries Choose Simplicity in a Changing Market

After an impressive run, the craft beer industry is shifting gears.

Before the pandemic, the industry grew at a fast pace. To keep up with a market thirsty for new tastes and flavors, breweries continuously innovated and released a dizzying selection of beers. When the pandemic hit, tap rooms had to close down. After the pandemic, demand had changed, and breweries had to rethink their strategy. A renewed focus on simplicity rather than variety now seems to be a wiser and […]

Risks in Red Sea Disrupt Suez Canal Shipping

Attacks on vessels in the Red Sea by Iran-backed Houthi militia have caused companies to either re-route their shipment around Suez Canal or consider air freight.

Since most of Target’s products come from China and are shipped across the Pacific Ocean to ports in the West Coast, the impacts of the Suez disruption on its operations are not as severe. Companies such as Tesla and Volvo have had to suspend production due to component shortages.


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By |2024-02-11T04:56:55+00:00February 11, 2024|
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