Chocolate has been a unique and wonderful treat ever since the Mayans discovered it in Mexico thousands of years ago. It's continuously evolving even during this technological era. Great new chocolate experiences are being generated everywhere across the world. While the everyday classics are being preserved, chocolate is reinventing itself for the generations to come.

Written below are five facts you most likely do not know about the worldwide Chocolate Industry.

1. Global Chocolate Consumption

Based on research, Switzerland is the world's biggest chocolate consumer, and that they consume about 19.4 pounds per capita. Americans also consume a beautiful amount of chocolate (particularly during special holidays like Valentine's Day, Easter, and Halloween). The world's top consumers of sweet treats are in Europe, with Switzerland taking the highest spot on the list at 19.4 pounds per capita. Germany followed with 17.8 pounds per capita, Ireland comes third with 17.4 pounds per capita, the U.K. with 16.8 pounds per capita, and Sweden holds the fifth position (14.6 pounds per capita.

2. Markets are rising and falling.

Without a doubt, the demand for chocolate is increasing significantly. Besides, CNBC reported that the whole chocolate market increased by 13% between 2010 and 2015 to achieve $101 billion. Consistent with Euromonitor, one among the U.S. marketing research firms, chocolate is the biggest sub-category of the $34.5 billion confectionery sector, with sales accounting for about $21.1 billion. Consistent with the National Confectioners Association, it's over 60% of the confectionary sector.

Nevertheless, U.K. chocolate consumers seem to be abandoning chocolate. CNBC also reported that the U.K. marketplace for chocolate reduced by $2 million between 2013 and 2015.

3. Climate threats

West African countries account for about 70% of cocoa production, especially in Ivory Coast and Ghana, where the recent and humid climate is suitable for cocoa trees to grow well. CNBC reported that the International Center for Tropical Agriculture has warned that an expected annual temperature increase of quite two °C by 2050 will make many of West Africa's cocoa-producing countries too hot to grow the crop. Also, reduced profits within the cocoa farming community have made many cocoa farmers withdraw from the world. According to Maekchocolatefair.org, several cocoa farmers and workers within the Global South sleep in extreme poverty by living for $1.25 daily.

4. Stalled sales in legacy chocolate

The taste of consumers is typically changing. And it implies that producers need to continue with the days and seasons. However, it is not always easy. A report made by FoodIngredientsFirst stated that various legacy chocolate brands are trying to find more consolidation amidst big food makers to extend stalled sales growth. Therefore, mergers involving vast sums of cash aren't frequent. The acquisition of Kraft by Heinz last year was a $40 billion deal. While in May, Nestlé announced a venture with the U.K.'s R&R frozen dessert company. But mergers aren't usually secure and walk in the park. As an example, a report was made by Fortune.com that the failed merger that occurred between the snack brands Mondelez and Hershey sent Hershey's shares down over 10%.

5. Organic cocoa and premium chocolate

Regardless of these challenges, there are several opportunities for the world. The demand for healthier options and premium chocolate (like organic, single-origin, high-cocoa chocolate, flavoured, and ethically traded) is increasing significantly. NCA (National Confectionary Association) revealed that premium chocolate sales increased dramatically by about 11% in 2014 compared to the expansion rate of two to 9 per cent for the whole chocolate sector. The sale of bittersweet chocolate, which is understood to possess significant health benefits, solely increased by 8% in 2014.

Conclusion

The chocolate industry obviously has some surprising facts which cannot be ignored. However, it is vital to know that almost everyone loves and would appreciate them in any event. Peradventure you want to spice up your events with yummy chocolates, visit (add link) Eventfeat. They have the best freelancers and professionals you need to make your event one-of-a-kind.