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Chocolate demand remained strong throughout the pandemic as the world s most popular comfort food was one of the pleasures continued to enjoy from their own homes.
The farmers who grow precious cocoa, however, saw little benefit.
Cocoa is the essential ingredient of chocolate and has no substitute. More than 70 per cent of the world s supply of cocoa comes from West Africa, according to Netherlands-based industry monitor Cocoa Barometer.
Of this, half comes from just two countries – Ghana and Ivory Coast. Other regional countries such as Nigeria and Cameroon are also expanding production, keen to grab a slice of the market that supplies the $130 billion chocolate industry.