14 Feb 2016

World heading for a chocolate deficit

10:59 am on 14 February 2016

Demand for cocoa will soon be at a record high, but supply is slowing due to poor farming methods according to a report from a London-based agribusiness advisor.

In its report, "Destruction by Chocolate" Hardman Agribusiness said cocoa growers in Ivory Coast, the world's top producer, have resorted to illegally farming protected forests to meet demand.

The report said the typical Western consumer ate an average of 286 chocolate bars a year - even more for those from Belgium.