Impending chocolate crisis
GENEVA, SWITZERLAND- Two leading chocolate makers sounded the alarm about the world heading toward a chocolate shortage.
People are eating more cocoa than farmers can produce and demand could outstrip supply in six years. Mars, Incorporated and Swiss-based Bary Callebaut made the prediction.
Around 70 percent of the world's cocoa is grown in West Africa, which has been hit by a drought and a fungal disease called "frosty pod." Its forced cocoa farmers to switch other cash crops like corn.