Foreverland Food reposted this
14 Chocolate Alternatives for a Tastier Future 🍫 Chocolate is an industry that is both a driver and a victim of climate change. While extreme weather events are slashing cocoa yields, high demand for cocoa leads to deforestation (to make room for cocoa farming) and biodiversity loss, which contributes to further warming. The globe is facing a 3rd deficit in a row leading to all-time low stocks (and consequently all-time high prices). “Traditional chocolate faces two economic challenges: a price increase of +300% compared to last year and the potential disappearance of 90% of plantations in Ghana and Ivory Coast by 2050 due to climate change”, Massimo Sabatini of Foreverland Food Fortunately for us choco-holics, startups are working to come up with chocolate alternatives that aren’t so… problematic. Plus investors and big food are getting behind the Trend - just last week Voyage Foods secured $55 million Series A+ funding just two weeks after signing a commercial deal with giant Cargill. Meet the startups in the space: Beyond Good California Cultured Inc. Celleste Bio Ltd. endless food co Fellow Creatures Food Brewer Foreverland Food Kawa Project Kokomodo NuKoKo Planet A Foods Trusty Voyage Foods Win-Win Check out the opportunities and challenges to reach price parity and bring cocoa-free alternatives to the masses in this week's HackTrend Report: https://lnkd.in/d3ATJYU5 With thanks to Ahrum P. at Win-Win, Raphaël Felenbok of Felenbok Advisory, Matteo Leonardi of Grey Silo Ventures, Massimo Sabatini of Foreverland Food and Tal Govrin of Kokomodo for their insights. And to Meg Kendall for the write up.
Planet A Foods
5mo
Thank you for sharing & featuring us. It's super exciting to shape the cocoa-free chocolate market right now, so much is happening 🍫🌱
Foreverland Food
5mo
Thank you for mentioning us, to a delicious future 🌱 🍫
Tal Govrin
5mo
Thank you ClimateHack. Kokomodo is born from a profound passion for preserving the supply of real cacao. We master the very essence of cacao as we select and cultivate cacao cells from a variety of real premium beans.
Go NuKoKo 🥊
Jesal Shah
5mo
Kira Hasbun Bengü Darga
Yih Lin Teh
5mo
Ivandy Arifin Putra Noerrizky David Chew Aishah Feroza
Securing the Future of Chocolate Through Biology
5moThanks for tagging me. Great solutions mentioned in the article. It is important to note that plant cell culture and meat cell culture's scale up economics are very different. lower cap ex and media cost=faster impact while retaining benefits of real chocolate.