Cocoa prices could polarize U.K. chocolate market

11/4/2013 | Herald (Glasgow, Scotland), The

The U.K., Europe's biggest chocolate consumer with the equivalent of 266 Mars Bars eaten per resident, according to Datamonitor, predicts chocolate sales to rise by one-third in the next few years. With cocoa butter prices up by 80% and cocoa prices up 30%, British chocolate manufacturers face either upping retail prices or increasing the use of cheaper ingredients. This could set up a polarizing market between cheap, sugary chocolate and expensive varieties with little in between, writes Cate Devine.

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Herald (Glasgow, Scotland), The

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