Brands aim to reduce cocoa reliance amidst industry shortages and ethical concerns
Trend - Amid rising concerns about the ethical and environmental impacts of cocoa farming, many businesses are introducing products that minimize or replace the ingredient. These alternatives aim to combat deforestation, human rights abuses, and wildlife loss in hopes of reducing industry reliance.
Insight - Amidst the global cocoa shortage, confectionery businesses are looking for alternatives to help them deliver the same cocoa-infused creations without profiting from unethical business practices. In response, cocoa-free products are entering the market, appealing to businesses and consumers who wish to avoid contributing to the industry's existing issues. Businesses that cater to the demand for sustainable and honest sourcing practices can attract consumers who value ethical production systems.
Insight - Amidst the global cocoa shortage, confectionery businesses are looking for alternatives to help them deliver the same cocoa-infused creations without profiting from unethical business practices. In response, cocoa-free products are entering the market, appealing to businesses and consumers who wish to avoid contributing to the industry's existing issues. Businesses that cater to the demand for sustainable and honest sourcing practices can attract consumers who value ethical production systems.
Workshop Question - How can your brand ensure ethical compliance across all fronts?
Trend Themes
1. Cocoa-free Innovations - Businesses are developing alternatives like cell-based chocolates and unique plant-based ingredients to address ethical and environmental concerns associated with traditional cocoa farming.
2. Sustainable Sourcing - The increasing demand for eco-friendly and ethically produced goods is driving brands to innovate in ways that minimize environmental impact and promote fair labor practices.
3. Cost-effective Ingredient Solutions - Brands are introducing formulations that use fewer traditional ingredients like cocoa to combat rising prices and supply constraints, offering budget-friendly options without compromising on quality.
Industry Implications
1. Food-tech - Innovative food technology companies are leveraging scientific methods to create sustainable and ethical alternatives to traditional food ingredients.
2. Confectionery - The confectionery industry is witnessing a shift towards sustainable and ethical practices to meet the growing consumer demand for more responsible indulgence options.
3. Sustainable Agriculture - The development of eco-friendly farming practices and alternative crops is crucial for reducing the environmental footprint and ethical issues tied to conventional agriculture.
4 Featured, 25 Examples:
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Date Range:
Jul 23 — Jun 24
Trending:
This Quarter and Warm
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