Sales Of Sustainable Cocoa-Based Confectionery Products To Reach $9 Billion

Sales of cocoa-based products that feature labels such as Fairtrade and Rainforest alliance will reach $8.9 billion in 2017, according to Euromonitor, and are expected to grow 1.3 percent through 2020 because certification schemes build consumer confidence in cocoa-related products. Chocolate confectionery products make up the bulk of total sales of cocoa products that carry sustainable trade and farming labels. “Without investment in sustainable production, the future of the global cocoa industry is uncertain,” a Euromonitor analyst said.