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Chocolate bars are getting way less chocolatey
  + stars: | 2024-03-01 | by ( Geoff Weiss | ) www.businessinsider.com   time to read: +1 min
Cocoa futures have reached a record high of $6,000 per ton. AdvertisementAs cocoa prices skyrocket thanks to extreme weather, crop disease, and structural issues, chocolate bars are not only falling victim to shrinkflation — they're getting a lot less chocolatey. Last year, Mars shrunk its Galaxy bars by 10 grams without lowering the price, according to Bloomberg, which reports that cocoa futures have for the first time surpassed $6,000 per ton. As a result, candy makers are unveiling bars that put other ingredients centerstage. This story is available exclusively to Business Insider subscribers.
Persons: Hershey, , shrinkflation — they're Organizations: Service, Bloomberg, Business
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