🌱Madagascar is the world's largest producer of vanilla, accounting for 80% of global supply.
🔒Vanilla farmers in Madagascar face challenges due to price volatility and theft, which impact their income and livelihood.
🌍Global customers are turning to other countries for cheaper vanilla due to the instability of prices in Madagascar.
💰Efforts are being made to stabilize vanilla prices and support farmers, including the introduction of a minimum price.
🍫Despite the challenges, the demand for vanilla continues to rise, creating opportunities for the industry in Madagascar.