GITNUX MARKETDATA REPORT 2024

Diversity In The Chocolate Industry Statistics

The chocolate industry lacks diversity with a limited representation of women and people of color in leadership roles and ownership.

Statistic 1

"40% of cocoa from Ghana and Côte d'Ivoire is produced using child labor, highlighting the need for ethical reforms."

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Statistic 2

"Although women make up a substantial percentage of the workforce in cocoa farming, they often do not own the land they work on."

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Statistic 3

"Chocolate companies with diversity programs are more likely to report innovation revenue that is 19% higher than those without such programs."

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Statistic 4

"Fairtrade-certified cocoa farmers receive at least $2,400 per metric ton, ensuring better living conditions."

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Statistic 5

"70% of the world's cocoa beans come from West African countries, particularly Côte d'Ivoire and Ghana."

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Statistic 6

"Women make up 50% of agricultural workers in cocoa production, yet they earn only 25% of the income generated."

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Statistic 7

"Companies with higher ethnic diversity are 1.7 times more likely to be innovation leaders in their market."

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Statistic 8

"Women in cocoa-growing communities often lack access to necessary resources and training compared to men."

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Statistic 9

"Increasing gender diversity within cocoa farming communities can boost productivity by up to 30%."

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Statistic 10

"Only 4% of professional chocolate tasters are people of color."

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Statistic 11

"Cocoa farming communities where women have leadership roles see a 12% increase in household income."

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Statistic 12

"In the US, 18% of chocolate consumers prefer products that promote diversity and ethical sourcing practices."

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Statistic 13

"80% of chocolate brands are owned by multinational corporations based in Europe and North America."

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Statistic 14

"Women conduct 80% of the work in cocoa farming but hold fewer than 10% of the managerial roles."

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Statistic 15

"The demand for ethically sourced and diverse chocolate brands has grown by 15% annually over the past five years."

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Statistic 16

"Only 5% of chocolate brands worldwide are owned by Black entrepreneurs."

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Statistic 17

"Just 7% of the executive team members in the top 10 chocolate companies identify as people of color."

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Statistic 18

"Black-Owned chocolate businesses have reported a 25% increase in sales following the 2020 racial justice movements."

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Statistic 19

"In Latin America, women make up less than 15% of certified cocoa farmers."

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Statistic 20

"Ethnically diverse companies are 35% more likely to have financial returns above their respective national industry medians."

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