An Era of Cocoa shortage has come to an end, thanks to Kerry’s Cocoa Replacement Solution.
The cocoa replacement solution by Kerry Group looks to tackle escalating cocoa supply and prices.
According to studies by Kerry Group, cocoa supplies are predicted to fall short by 11 per cent in 2024 which led to a 300 per cent increase in prices over the past year.
In recent years, Côte d’Ivoire and Ghana, the giants who made up more than half of the world’s Cocoa supply, have faced significant crises in production due to swollen shoot virus and soil degradation.
Kerry Group’s Cocoa Replacement Solution offers a sustainable and cost-effective answer to the persistent challenges of cocoa supply and pricing.
Kerry’s Cocoa Taste solutions allow for a significant reduction in cocoa powder usage while preserving the desired cocoa flavour.
This is beneficial for applications in baked goods, dairy beverages, and confectionery products.
By reducing reliance on cocoa powder, manufacturers can better manage costs and stabilise their supply chains, making them less vulnerable to market fluctuations in cocoa prices.
This replacement not only replenishes and preserves cocoa’s unique savour, but also navigates food manufacturers through the volatile cocoa market, by reducing their dependency on cocoa mass.
Vice president, of Taste, Kerry Asia Pacific, Middle East & Africa Young Kim, said the commitment to sustainability is at the centre of the Cocoa replacement solution.
“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,” said Kim.
Kerry offers expert support from food scientists and flavour specialists to help manufacturers adjust their recipes, ensuring the final products maintain high sensory quality despite reduced cocoa content.