Summary
Chocolate bars are getting smaller, less chocolatey, and more expensive due to rising ingredient costs and companies' cost-saving measures. Many chocolate makers are replacing expensive ingredients like cocoa with cheaper alternatives and increasing prices. Factors like extreme weather affecting cocoa production have contributed to these cost increases.
Key Facts
- Chocolate bars are shrinking in size but not in price, a practice called "shrinkflation."
- Some popular chocolate brands have altered recipes, making them taste less chocolatey.
- A TikTok influencer found Cadbury's Dairy Milk less milky and more oily after the firm's acquisition by American company Mondelez.
- Mondelez claims their chocolate recipe has not changed recently.
- Chocolate prices have risen over 18% in supermarkets compared to last year.
- Cadbury's Dairy Milk has decreased in weight by 10% while its price increased by 48%.
- Weather-related problems have affected cocoa production, leading to increased cocoa prices.
