Here is Why Chocolate Is the Most Affordable Luxury in The World | Cocoa Box | Chocolate Subscription Box & Gifts (2024)

Here is Why Chocolate Is the Most Affordable Luxury in The World

“Luxury will always be around, no matter what happens in the world.” – Carolina Herrera

The definition of luxury has many connotations and nuances and it can mean different things to different people. What is a normal state, experience or purchase for somebody can be out-of-reach, too expensive and unthinkable for others. Also in somebody’s lifetime the concept of luxury can change many times.

There are no objective or static luxuries. To give a definition that applies to any personal circ*mstance, a luxury usually involves a state of great comfort and abundance, and it refers to something that is not a necessity but a plus, a treat or an extravagance that has a higher-than-average price tag on it.

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When it comes to food and drinks, luxury can refer to either a rare ingredient that is hard to find or a well-known food or drink in its highest-quality version. Beluga caviar, white Alba truffles and Kobe beef can be considered luxury foods, and a Don Julio Real Tequila and a Sam Adams Utopia beer are among the most luxurious drinks of all times.

These items are in the $200+ price range and are the top quality in their categories. Actually, there is a luxury segment for any food and drink category you can think of! So what about chocolate? Can chocolate be considered a luxurious food?

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Although hot chocolate started out as a beverage for the elite (both among Maya and Aztecs, and later on among European aristocrats), chocolate had officially stopped being a luxury food in 1894 when the American company Hershey’s made the first mass-produced chocolate.

Thanks to standardized and large-scale manufacturing processes, the brand turned chocolate into an affordable product that consumers of any social class could enjoy. This is what propelled the reputation of chocolate as an everyday, cheap and readily available food.

To this day, few people even know about the existence of a luxury segment in the chocolate industry. For example, many consumers believe chocolate bars with a price tag of $4 to already be luxurious, since we are so used to viewing chocolate as an extremely cheap food.

However, chocolate’s reputation changed again with the appearance of craft chocolate on the market around the year 2006: this chocolate was not considered luxurious for an expensive added ingredient or a fancy packaging, but because it was made with the finest and most flavorful cocoa beans from around the world. This kind of chocolate, that is only getting more popular year after year, checks off all the characteristics of a luxury food.

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1) High quality ingredients

Craft chocolate makers source fine cacao from the best producers from all around the world, being extremely picky in their choices and adapting the chocolate making process to each peculiar origin. The raw cacao is paid up to 5 and even 10 times more than the average market price. This cacao is especially sought after for its exceptional genetics and care in the post-harvesting processes, a quite different choice from the bulk, bland and cheap cacao used by large-scale manufacturers. Any added ingredient is also attentively sourced based on quality and fine flavours.

2) Limited quantities available

The most luxurious chocolate in the world is crafted by family-owned and small-scale businesses that usually employ few people, operate from one single chocolate factory and make small batches of products at a time. Their quantities are extremely low and limited compared to mass-produced chocolate, making every creation truly unique. These companies sell limited editions, small batches and seasonal releases based on their creativity, often selling out and putting certain products on hold until they get their hands on their preferred raw materials again.

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3) Minimal, slow and artisan process

You will find few machines and little automatisation in the small factories of these artisans. A lot of human labor goes into this chocolate that requires the expertise, attention and care of a master chocolate maker for long hours. The chocolate-making steps are kept to a minimum, and the process is slow and steady to allow every ingredient to develop its best flavours. From hand sorting the cocoa beans to hand wrapping the finished bars, many steps of craft chocolate are the quintessence of craftsmanship and slow food.

4) Refined presentation

All luxury food is presented at its best in a packaging worth the price tag, and craft chocolate is no exception. With a large variety of mesmerising styles, custom moulds and professional designs, craft chocolate packaging is definitely part of the luxurious experience.

But how much does this luxury cost? Here comes the most surprising part: a craft chocolate bar from an internationally renowned and multiple-award winning brand can cost between $8 and $15. This is the best chocolate in the world we are talking about!

If many consumers will never be able to afford a sip of the most prestigious vintage wine, or a bite of the best variety of oysters in the world, a large plethora of chocoholics will be able to taste the best chocolate in the world at least once or several times in their lives.

In what other food or drink categories would you be given the chance to savour the best of the best for just a few dollars? This is also why many professionals in the industry see craft chocolate as hugely underpriced for the amount of labor and high-quality ingredients that go into every creation, and for this reason some companies like To’ak Chocolate started pricing their bars at a whopping price of $250.

So here is my personal suggestion: take advantage of the affordable price of craft chocolate now before a 70% vintage Madagascar dark chocolate bar becomes as expensive as a bottle of 2015 red Bordeaux wine.

Sharon isa Chocolate Blogger that reports the latest news and trends in the chocolate industry from around the world. Read more of her work on:thechocolatejournalist.com.

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Here is Why Chocolate Is the Most Affordable Luxury in The World | Cocoa Box | Chocolate Subscription Box & Gifts (2024)

FAQs

Which is the most luxurious chocolate brand in the world? ›

Amedei's dark chocolate, Amedei Porcelana, is often called the world's most expensive chocolate. It has won various awards, including “Best bean to bar”, “Best Dark Chocolate Bar”, and the “Golden Bean Award” (Academy of Chocolate Awards).

Why was chocolate considered a luxury? ›

The cocoa beans

The type of cocoa bean which is used in your chocolate is an important indicator of whether it can be considered as 'luxury'. Chocolate made with rarer types of cocoa bean, or strains of cocoa beans that are harder to grow will generally be viewed as more exclusive.

Which is the cheapest chocolate in the world? ›

Black Thunder, manufactured by Japanese confectioner Yuraku, is one of the cheapest chocolate bars in the world.

Why are boxes of chocolates so expensive? ›

Cocoa prices have hit a 47-year high, and have more than doubled over the past year, according to a new report from Wells Fargo. Unfortunately for chocolate lovers, this means candy is about to get more expensive as dwindling supply impacts prices.

Which is the No 1 expensive chocolate? ›

To'ak chocolate
Most Expensive ChocolateMasters Series Enriquestuardo
Price$490 USD
Weight50 g
Price Per Gram$9.80 USD
Country of MakerEcuador
Sep 22, 2023

What is the 1 best chocolate in the world? ›

Top 68 of The World's Best Chocolate (2022-2024)
  • Fjak Chocolate (Norway) - The Best Flavoured Chocolate 2023 - Vermouth O'Clock - (Score 93.5)
  • Vigdis Rosenkilde (Norway) - The Best Dark Chocolate 2023 - Kiteni, 70% - (Score 91.6)
  • Meybol Cacao (Germany) - Sugar-free Dark Chocolate - Solo Kakao 100%- (Score 91.6)
Feb 2, 2024

What is the oldest chocolate brand in the world? ›

Jolonch chocolate, the oldest chocolate in the world

Xocolata Jolonch is a company dedicated since 1770 to the production of handmade chocolate, especially the typical stone chocolate, considered an autochthonous variety from Agramunt (Lérida).

Who buys luxury chocolate? ›

Fine chocolate. These are the craft chocolatiers and artisan confectioners whose bespoke products fetch a premium. Three in ten chocolate consumers eat fine chocolate but only 5% say it's their typical choice. Fine chocolate consumers are, on average, young and urban with above-average incomes.

What is expensive chocolate called? ›

Amedei Porcelana has often been called the world's most expensive chocolate.

What is the healthiest chocolate? ›

The clear winner.

Dark chocolate is by far the healthiest form of the treat, containing the least sugar and, because of its cocoa content, higher levels of substances that protect the body's cells. If sugar is your number one concern, Allers recommends looking for higher percentages.

Which chocolate is very tasty? ›

Ans: Chocolates which are considered very tasty in India include Cadbury Dairy Milk, Cadbury Dairy Milk Silk, Nestle KitKat, Ferrero Rocher, Amul Milk Chocolate, Lindt Excellence, Mars Galaxy and more. Each brand has its own consumers on the basis of the texture and taste it has to offer to them.

Why is Lindt chocolate so expensive? ›

Why are Lindt & Sprüngli Chocolates more expensive than other brands? Lindt & Sprüngli stands for premium chocolates. For us, premium chocolate combines fine ingredients with over 175 years of tradition and artisan-like craftsmanship to create the ultimate chocolate tasting experience.

What is the most expensive box of chocolates? ›

Le Chocolate box ($1.5 million)

Each chocolate box comes with precious jewelry from the personal collection of Simon Katz, owner of Simon's Katz Jewelers in St. Louis, Missouri. Jewelry styles include necklaces, earrings, bracelets and rings featuring yellow and blue diamonds, emeralds, sapphires and more.

Why is chocolate so expensive in 2024? ›

Climate change is driving up cocoa prices to historic levels : NPR. Climate change is driving up cocoa prices to historic levels Cocoa prices are on the rise because of changing climate patterns and extreme weather.

What is the number 1 most selling chocolate? ›

Snickers is the top-selling candy bar in the United States and is produced by Mars, Inc. This classic chocolate bar is made with nougat, caramel, and peanuts, and it has been a favourite among Americans since its introduction in 1930.

What is the most richest chocolate company? ›

In 2023, Mars Wrigley Confectionery was the leading chocolate and cocoa manufacturer worldwide, with net sales of 22 billion U.S. dollars. Ferrero Group and Mondelēz rounded out the top three companies, both exceeding ten billion U.S. dollars in net sales.

What is the most expensive bar of chocolate in the world? ›

If you're feeling stuck on Valentine's Day gifts and want to go beyond the usual box of chocolates, look no further than To'ak's "Art Series Blend" chocolate—casually priced at $685 a bar, as reported by Fox Business, which dubbed it "the most expensive chocolate bar in the world." The Ecuadorian company uses rare ...

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