FOX Business Madison Alworth reports from Morristown, New Jersey on the bittersweet truth plaguing the chocolate industry.
Trick-or-treaters can expect to see a trend this Halloween that might be scary to some: fewer chocolate candies in their bags than in years past.
A shortage of cocoa beans over the past year has sent prices for the key ingredient for chocolate soaring, leading candy companies and consumers alike to lean toward non-chocolate treats.
A family shops for Halloween candy at a Walmart Supercenter on October 16, 2024 in Austin, Texas. Due in part to a shortage of cocoa beans, Halloween candy prices are on the rise this year as chocolate prices have climbed 7.5%. (Brandon Bell/Getty Images / Getty Images)
U.S. confectionery companies are stocking store shelves with fewer Halloween chocolates and doubling down instead on cheaper gummies and licorice such as…
