Chocolate’s reign over Halloween is under threat from inflation, tariffs and high cocoa prices

News Brief: Chocolate’s Halloween Reign Threatened

Summary

Halloween 2024 faces a significant shift as soaring chocolate prices, driven by inflation, tariffs, and a global cocoa shortage, push consumers toward cheaper, non-chocolate candies. Candy makers are adapting with new products and strategies.

Key Points

  • Price Surge: Chocolate prices have jumped nearly 30% since last Halloween and 78% over five years.
  • Market Shift: Chocolate’s share of Halloween candy sales has dropped from 52% to 44%, with shoppers favoring gummies and sour treats.
  • Supply Crisis: A global cocoa deficit, the largest in 60 years, is caused by poor harvests in West Africa, which produces 70% of the world’s cocoa.
  • Industry Response: Companies like Hershey and Mondelez are expanding gummy lines, creating smaller bars, and exploring cocoa-free options to manage costs and appeal to Gen-Z.
  • Consumer Impact: Despite higher prices, overall candy spending remains strong, with a record $3.9 billion expected for Halloween candy in 2025.

新闻简报:巧克力的万圣节主导地位受威胁

总结

由于通货膨胀、关税和全球可可短缺导致巧克力价格飙升,2024年万圣节将面临重大转变,消费者转向更便宜的非巧克力糖果。糖果制造商正在通过新产品和策略进行适应。

关键点

  • 价格飙升:自去年万圣节以来,巧克力价格上涨了近30%,过去五年上涨了78%。
  • 市场转变:巧克力在万圣节糖果销售中的份额从52%下降到44%,购物者更倾向于软糖和酸味糖果。
  • 供应危机:西非(全球70%可可的产地)收成不佳,导致全球可可出现60年来最大的供应短缺。
  • 行业回应:好时和亿滋等公司正在扩展软糖产品线,推出更小的巧克力棒,并探索无可可选项以管理成本并吸引Z世代。
  • 消费者影响:尽管价格更高,但整体糖果支出依然强劲,预计2025年万圣节糖果销售额将达到创纪录的39亿美元。

Original Article Link: https://www.cnbc.com/2025/10/31/chocolate-prices-halloween-tariffs-inflation-candy.html

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