Kerry has developed a range of cocoa taste solutions that provide an authentic cocoa taste experience, without relying solely on traditional cocoa bean derivatives
Kerry, a world-leading provider of sustainable nutrition solutions to the food, beverage, and pharmaceutical industries, announces an innovative Cocoa replacement solution, designed to tackle the escalating cocoa pricing and supply crisis. Cocoa supplies are predicted to fall short by 11 per cent in 2024, leading to a staggering 300 per cent increase in prices over the past year.
The unprecedented crisis in cocoa production has primarily been driven by factors such as the swollen shoot virus and soil degradation and has significantly affected key cocoa-producing countries. These countries, including Côte d’Ivoire and Ghana, which together contribute approximately 54 per cent of the global cocoa supply, are experiencing sharp declines in stock levels.
In response, Kerry has developed a range of Cocoa Taste solutions that provide an authentic cocoa taste experience, without relying solely on traditional cocoa bean derivatives. Our cocoa solution not only preserves the indulgent cocoa taste that consumers love but also helps manufacturers to navigate through the volatile cocoa market, by reducing their dependency on cocoa mass.