01 Climate-Driven Cocoa Shortages Propel Premium Sourcing Trend The sharp contraction in harvests across West Africa, as extreme weather disrupts production in key origins, propels premium sourcing. This environment has prompted chocolate makers to shift their procurement strategies toward traceable, high-quality beans to secure supply and support ethical sourcing. For instance, in May 2024, UNCTAD reported that cocoa prices surged 136% between July 2022 and February 2024, driven by heatwaves and unseasonal rainfall in Ghana and Côte d’Ivoire, which together account for approximately 75% of global production. As supply instability intensified, premium and bean-to-bar chocolate makers ramped up long-term direct trade agreements with farmer cooperatives. These partnerships emphasise origin transparency, farm-level premiums, and resilient agronomic practices.
May 2026 Mars, Incorporated signed a long-term strategic partnership with Fonterra to source dairy ingredients from farms participating in emissions reduction programs, supporting more sustainable chocolate and cocoa product manufacturing across its global portfolio.
February 2026 Lindt & Sprüngli expanded its cocoa sourcing and sustainability initiatives by strengthening farmer support programs in West Africa, increasing investments in traceability and regenerative cocoa farming to ensure long-term raw material security.
November 2025 Olam Food Ingredients (ofi) expanded its cocoa processing capabilities in Côte d'Ivoire through investments in value-added processing and sustainable sourcing programs, reinforcing its position in the global cacao beans supply chain.
October 2025 Barry Callebaut introduced an expanded portfolio of sustainable cocoa ingredients produced under its Forever Chocolate program, strengthening traceable cacao bean sourcing and low-carbon cocoa production for food manufacturers.