Several news outlets reported today that ADM, one of the largest commodity brokers in the world, has acquired Germany’s Schokinag, one of the largest European makers of chocolate and cocoa powder. “This acquisition will be an excellent fit for our business as we continue to enhance our global presence across the entire cocoa and chocolate value chain,” said ADM’s Cocoa and Milling vice president Bemis. Continue reading “Concentration of the Chocolate Industry Continues”
Where is Cocoa Processed?
I’ve written earlier about a new cocoa processing plant being opened in Ghana. Processing refers to roasting, winnowing, cracking and grinding the cocoa beans. It also can include pressing the cocoa to extract cocoa butter and produce cocoa powder.
To the left is a breakdown of the top ten cocoa processing countries for the last cocoa year. Despite the preponderance of industrial countries at the top, there is a solid presence of cocoa producers among the top ten countries.
