[Brazil] - Western Bahia: The New Frontier for Brazilian Cocoa Cultivation

INSUBCONTINENT EXCLUSIVE:
industry
The company will invest R$270 million ($50 million) to expand cocoa production in the region
This move marks a significant shift from the traditional cocoa-growing areas in southern Bahia.Brazil currently stands as a major player in
In 2023, Bahia alone produced 139,011 tons of cocoa beans
The company aims to increase its current 600 hectares of cocoa cultivation to 10,000-15,000 hectares over the next 8-10 years.Western Bahia:
The New Frontier for Brazilian Cocoa Cultivation
(Photo Internet reproduction)The expansion plan leverages existing agricultural knowledge in the area, particularly banana cultivation,
which complements cocoa production
Government support plays a crucial role, with both state and federal authorities facilitating necessary approvals.Western Bahia: The New
producers like Ivory Coast and Ghana face climate-related challenges
investment, with plans for a second project that could increase the total investment to R$1 billion ($180 million)
However, challenges remain, including access to credit for small and medium-sized farmers and the need for more widespread sustainability