Skyrocketing raw commodity prices and growing sustainability pressures are pushing chocolate and confectionery companies to pour funding into finding alternative ingredients for sweet treats. Mondelez International, the maker of Oreo, was among the investors that took part in a $4.
It does so by using grape seeds, sunflower protein flour, sugar, fat, and natural flavours. “Cocoa prices weren’t in the news when we started. Most people probably in the US or the UK couldn’t point to where cocoa was grown. And now, with prices up, it’s a lot easier to see why this is necessary,” said Adam Maxwell, CEO of Voyage Foods.
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