China intensifies cocoa plantations and could become a new global production hub

Published 2021년 5월 3일

Tridge summary

Chinese farmers in Hainan province are beginning cocoa production, potentially becoming significant players in the global cocoa market. They aim to meet quality standards desired by global chocolate makers, which could threaten African producers who currently dominate the market. This entry could also balance the decline in Asian cocoa production and meet the rising demand in China and India.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The interest of the Chinese seems to go beyond chocolate. Farmers in the southern province of Hainan, employing advanced cultivation technology, present themselves as the newest players in global cocoa production. First exports - Belgium News of the first exports to the demanding Belgian market, brought great fears to African controllers. Currently producing the best quality standards in large volumes, Ghanaians have always been the biggest exporters to the demanding markets in Europe. The Chinese, besides signaling to produce in scale, demonstrate that they want to deliver excellence in quality to global chocolate makers Asia: Rising demand and declining production The great opportunity for the Chinese is mainly related to the considerable increase in consumption of derivatives and the fall in cocoa production on the Asian continent. On the positive side, India presents itself as the market with the highest growth in chocolate consumption in the world, reaching elevation ...

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