Chocolate Bars Shrink and Flavors Change Despite Falling Cocoa Prices

📰 Original title: Choc horror: Why 'flavour' bars and small packs are here to stay

🤖 IA: It's clickbait ⚠️
👥 Usuarios: It's clickbait ⚠️

View full AI summary: https://killbait.com/en/chocolate-bars-shrink-and-flavors-change-despite-falling-cocoa-prices/?redirpost=ab3befe0-3942-4030-8ae2-2df0cfd6b3f9

#business #chocolate #cocoaprices #confectionery

Chocolate Bars Shrink and Flavors Change Despite Falling Cocoa Prices

Even though cocoa prices have dropped to a near three-year low, chocolate-flavored bars and smaller pack sizes are not likely to revert to their original formulations. Many popular bars…

KillBait Archive

Chocolate Bars Shrink and Flavors Change Despite Falling Cocoa Prices

📰 Original title: Choc horror: Why 'flavour' bars and small packs are here to stay

🤖 IA: It's clickbait ⚠️
👥 Usuarios: It's clickbait ⚠️

View full AI summary: https://killbait.com/en/chocolate-bars-shrink-and-flavors-change-despite-falling-cocoa-prices/?redirpost=ab3befe0-3942-4030-8ae2-2df0cfd6b3f9

#business #chocolate #cocoaprices #confectionery

Chocolate Bars Shrink and Flavors Change Despite Falling Cocoa Prices

Even though cocoa prices have dropped to a near three-year low, chocolate-flavored bars and smaller pack sizes are not likely to revert to their original formulations. Many popular bars…

KillBait Archive
Ivory Coast to buy entire stockpile of cocoa beans as stocks pile up http://newsfeed.facilit8.network/TQTLmm #CocoaTrade #IvoryCoast #CocoaPrices #Agriculture #Sustainability
The cost of chocolate is soaring, but blaming cocoa prices doesn’t give the whole picture | The-14

Chocolate prices are rising fast, but cocoa costs alone don’t explain shrinkflation, higher margins, and why bars cost more even as cocoa prices fall worldwide.

The-14 Pictures

Toffee Crisp and Blue Riband can't be called chocolate any more

'Nestle has reformulated Toffee Crisp and Blue Riband bars, reducing their cocoa and milk solid content below UK chocolate standards, leading to their reclassification as "encased in a smooth milk chocolate flavour coating." This change, driven by rising cocoa prices, reflects a broader industry trend known as "skimpflation," where companies adjust recipes to manage increased production costs. Similar adjustments have been made by other brands, such as McVitie's, which recently relabelled its Penguin and Club bars as "chocolate flavour."'
[Summarised by Apple Intelligence]

#Nestle #ToffeeCrisp #BlueRiband #MilkChocolate #CocoaPrices #Skimpflation #RecipeChange #ProductionCosts #McVities #ChocolateFlavour #Reclassification #FoodIndustry

http://bbc.com/news/articles/c79x7q325p3o

Toffee Crisp and Blue Riband can't be called chocolate any more

Nestle has used more vegetable oil in it recipes, meaning the treats no longer qualify as chocolate under UK law

McVitie’s reduces cocoa content in Club and Penguin biscuits due to rising cocoa prices

McVitie’s has significantly reduced the cocoa content in its popular Club and Penguin biscuit bars, reclassifying them as 'chocolate flavour' rather than true chocolate products. This change comes in response to soaring cocoa prices driven by poor harvests in major growing regions like Ghana and Ivo... [More info]

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Of ‘shrinkflation’ (which Hershey calls “price pack architecture”), the CEO said:

“It’s not a direct price point increase, but rather, it’s kind of a combination of sizing and price, which can tend to offer perhaps a better value perception for consumers.”

(🥴)

(Omg it’s such utter nonsense and I have a degree in it lol)

#business #prices #cocoaprices #Hershey #inflation #shrinkflation

🍫 Cocoa crisis alert! 📈 Cocoa prices hit record highs as London contracts near £10,000/ton. Global shortages due to poor harvests in West Africa could keep prices elevated. Ghana & Ivory Coast boost farmer rates to revive production. #CommodityMarket #CocoaPrices #EconomicImpact