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HomeMarketHalloween “shrinkflation”: How sweet corporations are adapting amid a cocoa crunch

Halloween “shrinkflation”: How sweet corporations are adapting amid a cocoa crunch

With Halloween simply days away, trick-or-treaters in Canada ought to anticipate to obtain extra non-chocolate candies or smaller chocolate treats as excessive cocoa costs proceed to spook sweet makers.

Firms have needed to hike their costs, reformulate and even resort to “shrinkflation” – when the product will get smaller, however the worth stays the identical.

The shift to gummies, licorice and flavored crèmes comes as chocolate makers face shrinking margins and slowing gross sales.

World’s Touria Izri explains.

For more information, please go to https://globalnews.ca/information/10828274/halloween-chocolate-prices-gummies/
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