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Chocolate Industry

2 GoKawiil briefs on this topic

Startups develop cocoa-free chocolate alternatives as bean prices surge

Candy prices have risen 44% since 2021 amid a worsening shortage of cocoa beans, driven by crop disease, poor harvests and climate pressures in West Africa. In response, separate groups of food innovators are developing chocolate substitutes that reduce or eliminate reliance on traditional cocoa beans.

Unreal Snacks offers employees unlimited free chocolate, CEO says

Unreal Snacks CEO Kevin McCarthy, who joined the company in 2014 at age 22, described how the better-for-you chocolate brand recovered from overexpansion by shrinking to 38 stores before rebuilding to 35,000 locations across the U.S. and Canada. He also detailed a company perk giving employees unlimited access to free chocolate.