Cocoa, as known historically has been known in the world in ages named a chocolate from Spanish. Mostly two – thirds of the whole globe’s cocoa production is made in West Africa where they use children for labor as a usual practice. According to the World Cocoa Foundation, there are 5-6 million cocoa farmers in the world and 40-50 million of people depend on cocoa production as a source for their livelihood. Worldwide, there are 3 million tons of annual cocoa production and increasing annually, 3 percent per year for the past decade, in demand for cocoa. It is stated that the market value of annual cocoa crop in the current world market is 5.1 billion dollars in its major growing regions such as Africa, Asia, South and Central America. Seventy percent of cocoa is made from West Africa as stated earlier.
Trends in Producing Cocoa
According to International Cocoa Organization, in cocoa producing countries in Asia and Africa are typical small holders of cocoa farm with only 2-5 hectares of land used in producing cocoa which resulted as cocoa being a predominant small holder crop with ninety percent coming from small farms. Factors of analysis underlies beneath the development of cocoa manufacture are caught up because of deficiencies in information of the accessibility of cocoa property in cocoa producing countries. The yearly analysis on the world cocoa industry included the analysis of trends in cocoa production. Improper information dissemination regarding cocoa production and its availabilities also limits the growth of balanced strategy in countries producing cocoa. Therefore, cocoa producing countries are encouraged to widen their horizons in improving basic knowledge in cocoa processing.
Production policies have been made for sustainability purposes to improve the implementation of the cocoa supply chain, preserving the area in producing cocoa, widening of cocoa production and more. A number of project proposals which are fit to address the needs of cocoa production to achieve the sustainability level of cocoa industry.