Cocoa replacement to combat cocoa supply crisis

Kerry Taste & Nutrition (APMEA)

Tuesday, 11 June, 2024

Cocoa replacement to combat cocoa supply crisis

Kerry, a nutrition solutions company, has announced its development of a cocoa replacement solution, designed to tackle the escalating cocoa pricing and supply crisis. Cocoa supplies are predicted to fall short by 11% in 2024, leading to a 300% increase in prices over the past year.

The cocoa production crisis 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% of the global cocoa supply, are experiencing sharp declines in stock levels.

In response, Kerry has developed a range of Cocoa Taste solutions that are designed to provide a cocoa taste experience, without relying solely on traditional cocoa bean derivatives. The solution is designed to preserve the indulgent cocoa taste, but also helps manufacturers to navigate through the volatile cocoa market, by reducing their dependency on cocoa mass.

The range of solutions can support up to a 35% reduction in cocoa powder use in formulation, helping to reduce cocoa powder across baked goods, dairy beverages and confectionery while maintaining and enhancing cocoa notes and sensory experience.

Kerry provides access to a team of expert food scientists and flavourists who offer insights and guidance, assisting manufacturers in adjusting their product recipes to maintain or even enhance sensory qualities, ensuring that the final product meets consumer expectations despite cocoa constraints.

Young Kim, Vice President, Taste, Kerry Asia Pacific, Middle East & Africa, said: “Our commitment to sustainability is integral to our Cocoa replacement solution. This crisis presents not just challenges but also a pivotal moment for innovation and change for cocoa sourcing strategies. When it comes to potential solutions, there is a critical need for sustainability — if properly addressed, it can transform the landscape of cocoa production for the better. This will not only mitigate current supply challenges, leading to long-term industry resilience and environmental health, but support continued product innovation for brands and manufacturers.”

Image credit: Kerry.

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