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Paul Joules: RaboResearch analyst on the rise in chocolate companies looking to develop alternatives
Published 3 months, 1 week ago
Description
Chocolate products could be in for a shake-up, as manufacturers race to develop cocoa alternatives.
A Rabobank report shows food companies are looking into new technologies to substitute traditional beans.
Climate-related pressures are driving up global cocoa prices, and disrupting supply chains.
RaboResearch analyst Paul Joules says companies will look into fermenting plants like oats and seeds for an alternative - to use in products like chocolate fillings.
"The taste can be a little bit different, it can be a bit more sour if they don't quite get the fermentation right - and it's not necessarily a direct replacement for a typical chocolate bar."
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