Malagos Chocolate eyes North American market

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DAVAO CITY – Homegrown Malagos Chocolate has started shipping its award-winning dried fermented cacao beans from Davao City to Canada, hoping to gain a foothold in the North American market, Rex Puentespina, sales and marketing director of Malagos Agri Venture Corporation, bared.

– Homegrown Malagos Chocolate has started shipping its award-winning dried fermented cacao beans from Davao City to Canada, hoping to gain a foothold in the North American market, Rex Puentespina, sales and marketing director of Malagos Agri Venture Corporation, bared.Puentespina said, in an interview on Wednesday, that the Davao fine-flavor chocolate company has initially shipped dried and fermented cacao beans to Canada, to introduce the locally grown beans to the markets in North America.

He said the 23-country North American region could offer a promising future for the local cacao industry as it has a huge demand for fine-flavor chocolates. Puentespina added the company had previously tried to embark on regular shipments to the United States market, but this had to be halted due to insufficient production because there were few cacao growers then, with outputs sufficient only to cater to the strong local demand at that time.

“It’s the choice of the farmer. Banana is doing very well also, So, there is a lot of convincing to do. The government has so many programs for the farmers, but they can’t just go into it because they are hesitant to commit. If they commit, that will be your crops for the next 25 years,” he said.

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