This report provides a comprehensive analysis of the cocoa production situation in Ghana and Nigeria. It begins with an executive summary highlighting the importance of cocoa and its global trade. The report then delves into the world cocoa industry, including an overview and a PESTEL analysis, examining the political, economic, social, technological, environmental, and legal factors influencing cocoa production. It further explores the industry through Porter's Five Forces analysis, assessing the competitive landscape. The discussion section covers key aspects like the role of Ghana's economy, the impact of rising global costs, and the challenges faced by the cocoa industry in Nigeria, including gender inequality on farms. The report concludes with recommendations and references, providing a detailed understanding of the cocoa production dynamics in these two major West African countries. The report also discusses the role of key players like Hershey's and the challenges they face in maintaining the cocoa industry.
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