Two major manufacturers of chocolate, Mars and Barry Callebaut, think we will run out of chocolate by 2020, only six years away. Last year we ate about 70,000 metric tons more cocoa than were produced. The two manufacturers guesstimate that by 2020 the gap will be 1 million metric tons (a fourteen-fold bump).
But are they trying to justify price increases, smaller sizes or lower quality? Or, are they right? Chocolate production has been negatively affected by drought and disease over the past few years. And it does take years to develop a chocolate tree.
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