Cocoa Commodity is a Member of the Grown Commodity Group - PowerPoint PPT Presentation

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Cocoa Commodity is a Member of the Grown Commodity Group

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The most important producers of Cocoa Commodity are the Ivory Coast, Ghana, Malaysia and imported primarily by rich industrialised countries such as the USA and Europe. – PowerPoint PPT presentation

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Title: Cocoa Commodity is a Member of the Grown Commodity Group


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Cocoa Commodity is a Member of the Grown
Commodity Group
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(No Transcript)
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  • Cocoa Commodity is a food derived from the dried
    and fermented seeds (beans) of the obroma Cacao
    plant, which means food of the gods in Greek.
    Its primarily used to make chocolate. The Mayans
    first cultivated cocoa trees more than 5,000
    years ago and made a ritual beverage from the
    seeds. In the 15th century, Spain began to
    acquire cocoa, and by the 17th century cocoas
    popularity had spread throughout Europe.
  • Cocoa is the name given to the seeds of the cocoa
    tree and the powder produced from these. The
    Cocoa Commodity tree is an evergreen tree with
    the biological name Theobroma cacao (food of
    the gods), which is resident in the tropical rain
    forest and can reach a height of 15 metres. Cocoa
    powder is needed to produce chocolate and is one
    of the most important export commodities from the
    developing countries.

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  • The cocoa plant is relatively demanding. It only
    grows on nutrient-rich soil at temperatures in
    excess of 16 degrees. It also requires large
    amounts of water. The only regions which are
    suitable for cultivating cocoa are the warmest
    and rainiest tropics between the 20th parallel
    north and the 20th parallel south. Although there
    are around 20 different species of cocoa, only
    two species are used to produce chocolate
    Criollo and Forastero. Criollo makes up just 15
    per cent of the worlds cocoa output, but it is
    the most expensive and highest quality cocoa
    species. Its producing regions are in South
    America.
  • The most important producers of Cocoa Commodity
    are the Ivory Coast, Ghana, Malaysia and Brazil.
    Cocoa is imported primarily by rich
    industrialised countries such as the USA and
    Europe. Within Europe, Germany is one of the main
    importers of cocoa.

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  • Cocoa Commodity was discovered over 3,000 years
    ago. The Mayas and the Aztecs worshiped the cocoa
    tree and used a drink made from its fruits in
    religious rituals. The tremendous importance of
    cocoa is also apparent from the fact that they
    sacrificed gold, precious stones and cocoa to
    their dead. Cocoa beans were also used as a means
    of payment. In Europe, chocolate was a luxury
    product for a long time and could be found in
    every noble household from the baroque era
    onwards. In England, however, chocolate was
    already being consumed by ordinary citizens,
    while in Italy, France and Germany it was still
    reserved to royalty. Spain held the monopoly on
    cocoa until 1728, when it relinquished control of
    the cocoa trade to Holland. When, during the 19th
    century, the middle classes rose up against the
    nobility, drinking chocolate was initially
    forgotten. It was not until the industrial
    revolution that cocoa and products produced from
    it enjoyed a resurgence in popularity.

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