August 9th 2024.
Attention all chocolate lovers! Brace yourselves, because two of Australia's most beloved sweet treats are about to get a bit pricier. That's right, Cadbury has just announced that their famous Freddo Frogs and Caramello Koalas will now cost $2 each, instead of the usual $1.
In a statement released on their social media pages, the chocolate giant explained that this increase is due to the rising cost of ingredients, particularly cocoa. They expressed their love for these iconic treats, stating that they have been bringing joy to generations of chocolate enthusiasts.
But don't worry, there is still a more budget-friendly option available. Cadbury also mentioned that sharebags of Freddo Frogs and Caramello Koalas are still on the market, offering great value for those who can't resist a good bargain.
It's worth noting that this is the first time in over a decade that the prices of these treats have been raised. So, while it may be a bit of a shock to see the price tag go up, it's a necessary adjustment in order to keep up with the global cocoa market.
Experts have been warning for months about the challenges facing cocoa production worldwide. Climate change, plant diseases, farmer poverty, and unsustainable agricultural practices are all putting pressure on the industry. As a result, the cost of cocoa has reached record highs, which has ultimately led to Cadbury's decision to increase the prices of their products.
But fear not, chocolate fans! You'll still be able to indulge in your favorite treats without breaking the bank. Plus, with the Olympic Games Paris 2024 just around the corner, you can tune in to Channel 9 and 9Now to catch all the action, and even watch in 4K on Stan Sport. So, let's keep our spirits high and our taste buds happy as we navigate through these changes.
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