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Chocolate Demand Falls as Candy Bars Shrink and Asia Growth Slows

Candy bars have shrunk and economic growth in Asia has slowed, meaning people are eating less chocolate and its key ingredient cocoa, which has seen its price fall this year after defying commodities trends to soar in 2015. High prices for ingredients last year — including nuts and milk as well as cocoa — helped make chocolate a less affordable treat for consumers in emerging markets such as China and India. Chocoholics in North America and Europe, meanwhile, opted for quality at the...

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