Global cocoa prices surged 15% in May 2025 after a 10% production drop in Ivory Coast and Ghana, driven by drought and labor shortages, reports Food Business News. Americas’ confectionery manufacturers face rising chocolate costs, with some passing prices to consumers. South American cocoa from Ecuador and Peru is gaining traction, but output can’t match demand. Analysts estimate a 5-10% supply deficit, recommending early contracts or alternative flavors like vanilla to manage costs. The crisis highlights climate vulnerabilities in cocoa trade, pushing buyers to rethink sourcing strategies for this critical ingredient.

Contact us to support your 2025 confectionery formulations.