Cocoa Prices Reached All-Time Highs. What Does That Mean For Our Halloween Chocolate? | Big Business

Răzvan Botea

A huge cocoa shortage has hit the world's top cocoa-growing countries. Now, for the third year in a row, there are not enough cocoa beans to meet global demand. In 2024, cocoa prices soared to all-time highs. But what caused the shortage? And what does this mean for chocolate companies and chocolate lovers? MORE BIG BUSINESS VIDEOS: 14 Fascinating Businesses Behind The Scenes | Business Insider Marathon https://www.youtube.com/watch?v=cKn4i2dvya0 Why The US Loses $800M A Year In Unrecycled