Why is chocolate expensive?

You're standing in the checkout line, dying for a piece of chocolate. As you look toward the spot where a Hershey's bar has always reliably been, you notice that there are way more options and some of them are $14. $14?!? read more

Sure, most food is expensive these days, but chocolate is on a tear. On Thursday, Mars, the company behind the likes of M&M's and 3 Musketeers, said it was raising prices for chocolate products in the U.S. by about 7 percent to make up for higher ingredient costs. read more

“The artisan, craft chocolate maker is probably, hopefully, going to be sourcing their beans in a way that they’re hunting down the highest quality, which often costs more—and also hopefully ensuring that the farmer gets a larger share of that price tag,” said former Le Bernardin pastry chef Michael Laiskonis the creative director at the Institute of Culinary Education’s Chocolate Lab. read more

Good chocolate is expensive and continues to get so as the cost of the cocoa beans rises. The world demand for chocolate increases every year and as I have heard, climatic conditions and problem with the production of the cocoa beans is leading to a shortage, this will inevitably push the cost up. read more