For the past 100 years, worldwide chocolate consumption has reflected a 3 percent annual increase as demand for tasty cocoa-based products has gained ground. Today, the current global market value of annual cocoa crops is estimated at $5.1 billion, according to World Cocoa Foundation statistics.
The U.S. Department of Agriculture announced Tuesday it will award 25 grants to 19 states and Puerto Rico to boost market opportunities for local entrepreneurs.
A group of 100 farmers and agricultural executives participated in a handful of activities over the weekend in Puerto Rico and stateside that could generate more than $1 million in sales of local products both locally and abroad, the Agriculture Department said Monday.