Wednesday, September 23, 2020
Home Opinion Move from Hershey's to Haldiram's: Cocoa deficit to cross 2 million metric...

Move from Hershey’s to Haldiram’s: Cocoa deficit to cross 2 million metric tons by 2030

chocolate-183543_640

By Ishan Kukreti

Prepare to say goodbye to that need-to-cheer-up chocolate bar, that lets-make-up chocolate bar, that late night wolfing of chocolate-chip ice cream tub, that killer of melancholy, that sex substitute for many. It’s no secret now. Everyone who is anyone in the chocolate manufacturing business, from coca farmers to ‘chocolate experts’ have the same thing to say. The world will very shortly face a crippling chocolate crisis.

Cocoa- the stuff of chocolate

The cocoa produce have been lower than chocolate consumption for a long time now. The chocolate hungry world, last year consumed 70,000 metric tons of cocoa above what was produced. This trend is likely to last till 2018 according to Bloomberg. Predictions are that the deficit will be as high as 2 million metric tons by 2030.

Bad climatic conditions, Ebola threat among other issues have been the factors behind the fall in cocoa production in West Africa, source of 70% of world’s cocoa.

Anyone with basic knowledge of economics can sense a threat here. The cocoa prices will sky rocket and in turn make chocolate a rare delicacy. In fact the trend can already be seen manifesting itself. Cocoa prices rose by 60% in the last few years and just the last year recorded a jump of 24% in the crop price.

Search for a rebound

But as they say, one man’s loss is another man’s gain, this loss of cocoa farmers will surely kick off a frenzied search for chocolate substitute. In fact the search has already started. And maybe the search party will go back happily with a box of Indian sweets from Haldiram’s or Bikaner.

kid-635811_640

Can chocolate, which started from the New World find a substitute in the Old World? Can we imagine unwrapping a Ferrero Rocher to unveil a laddu? Tearing up the wrapper of Cadbury’s milk chocolate to eat little squares of barfi?

Necessity is the mother of all needs and tastes can be cultivated. How a man leaves his earlier addiction to find new ones to keep him company is all that the struggle ahead is about.

STAY CONNECTED

19,144FansLike
362FollowersFollow
1,774FollowersFollow

Most Popular

From “Confusion” To “Clarity” Regarding Sanatan Dharma With Dr. Chandra Shekhar Mayanil

Dr. Chandra Shekhar Mayanil is a Neuroscientist who is currently living in Naperville, Illinois. He has constantly been engaging in topics related to Yog...

Top 5 Beach Activities in Asia

Blessed with some of the most beautiful beaches in the world, Asia has something for everyone. From idyllic white-sand beaches fringed by palm trees...

Here’s Why You Should Switch to Contact Lenses, and It’s Not Just About Looks

Traditionally, we use eyeglasses for correcting vision problems such as near-sightedness (myopia) and far-sightedness (hyperopia). Glasses are both affordable and convenient to wear for...

This Indian Couple Run Street-Side Classes For Poor And Needy Children

On a quiet road in India's capital, tucked away on a wide, red-bricked sidewalk, children set adrift by the country's COVID-19 lockdown are being...

Lockdown Taught Me Greatest Lessons of Life: Mouni Roy

Actress Mouni Roy, who will soon be seen in the digital film, London Confidential, opposite Purab Kohli, says that lockdown taught her some of...

“It is Important To Support Folk Artists and Daily Workers in Trying Times”, Says Popular Singer Shaan

Popular playback singer Shaan says that folk artists and daily workers are keeping the music heritage and industry intact, and it's crucial for the...

Here’s How The Art of “Writing” Became an Empowerment Tool For These Female Authors

By Siddhi Jain Being a female author can come with its own set of challenges, especially when one is trying to juggle a career in...

Self-Driving Cars To Navigate Rush Hour Traffic On This Planet: NASA

A laser-based technology designed to help spacecraft land on a proverbial dime for missions to the Moon and Mars is also helping self-driving cars...

Recent Comments