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A bean-to-bar company produces chocolate by processing cocoa beans into a product in-house, rather than melting chocolate from another manufacturer. Some are large companies that own the entire process for economic reasons; others are small- or micro-batch producers and aim to control the whole process to improve quality, working conditions, or environmental impact.
This gave rise to the creation of Natra. In 1951 the business was expanded to include the production and sale of cocoa products. The company’s first factory was set up in Mislata (Valencia) with a loan from Banco Industrial. In 2004 Natra took over Zahor (Spain) and embarked on a process of vertical integration, up to the end product for ...
The World Cocoa Foundation provides significantly lower figures for Indonesia, but concurs that it is the largest producer of cocoa beans outside of West Africa. [9] Large chocolate producers such as Cadbury , Hershey's , and Nestle buy Ivorian cocoa futures and options through Euronext whereby world prices are set.
The crop was a major foreign exchange earner for Nigeria in the 1950s and 1960s and in 1970 the country was the second largest producer in the world but following investments in the oil sector in the 1970s and 1980s, Nigeria's share of world output declined. In 2010, cocoa production accounted for only 0.3% of agricultural GDP. [1]
The International Cocoa Organization (ICCO) is a global organization, composed of both cocoa producing and cocoa consuming countries with a membership. Located in London , ICCO was established in 1973 to put into effect the first International Cocoa Agreement which was negotiated in Geneva at a United Nations International Cocoa Conference .
In 1966, the company's products reached the United States, where they were sold at shopping centres. The following year, Godiva was sold by the Draps Family to the Campbell Soup Company. In 1972, the first Godiva shop in North America was opened on New York City's Fifth Avenue. [15] Lady Godiva, 1898 painting by John Collier
"Big Chocolate" also refers to the political and social consequences of the chocolate industry in general. Consolidated buying enables large cocoa users to wield significant impact in economies, many of them being poor African nations that rely on cocoa production as a critical element of foreign trade. [citation needed]
Amedei is a premium artisan chocolate manufacturing company located in Pontedera in the Tuscany region of Italy, considered to be one of the finest chocolate producers in the world. [1] Their products range from chocolate bars to truffles and pralines. Their award-winning [2] chocolate bars use single-origin and single-variety cocoa beans.