Chocolate Market Enters New Phase As "Double-Digit Raw Material Deflation" Eases Costs

Chocolate Market Enters New Phase As "Double-Digit Raw Material Deflation" Eases Costs Cocoa prices have collapsed 75% from their 2024 peaks, and Goldman’s latest note points out that the worst of the cocoa shock for chocolate makers may finally be passing after being squeezed by soaring bean costs through 2023, 2024, and into the first half of 2025. This only suggests that lower chocolate bar prices at the supermarket could materialize later this year. Against that backdrop, Go...

By Tyler Durden