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According to this procurement report, the growing need for weight management and occurrence of celiac diseases have prompted the demand for gluten-free food. Quinoa, also categorized as a superfood, is one of the chief ingredients in gluten-free foods. This has consequently increased the global category spend for the quinoa market.
Insights Offered in this Supply Chain Insurance Market Report
Worldwide Cocoa Industry to 2027 - Europe and Asia-Pacific are Driving the Cocoa Market prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Cloves Market Procurement Research Report
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Information on Latest Trends and Supply Chain Market Information
Insights into the Market Price Trends
Suppliers in this market have moderate bargaining power owing to moderate pressure from substitutes and a moderate level of threat from new entrants.
May 05, 2021 05:30 PM EDT
Ivory Coast and Ghana - cocoa giants announced progress in goals to stop deforestation as they get ready for more strict European Union rules on production qualities of the ingredient.
(Photo : Getty Images)
Cocoa and Forests Initiative (CFI)
Ivory Coast - top grower is making use of satellites for deforestation monitoring and in 2020 cultivated nearly 10 million trees, while Ghana got back about 558,000 acres (226,000 hectares) of forest region last year, according to reports by the public-private partnership called the Cocoa and Forests Initiative (CFI).
Production of cocoa has been a chief driver of deforestation in the two countries, which provides approximately 70% of the world s beans, with Ivory Coast losing about 85% of its forest covering since the 1960s. A report released by the World Cocoa Foundation last year, which symbolizes chocolate and cocoa industries, said aims for distribution of trees organized by the CFI were not close to being m