Celleste Bio's cell-cultured cocoa butter could replace the most expensive ingredient in the chocolate-making process as companies navigate long-term supply challenges.
Elevated cocoa costs have pushed Hershey and other major sweets companies to raise chocolate prices and consider potential substitutes or lab-grown alternatives.
After reaching a record high in late 2024, chocolate prices are now dropping as supply recovers due to improved weather in Africa and expanded production in Ecuador.
Climate change, crop disease and aging trees continue to present long-term risks to supply, according to the International Cocoa Organization.
Author's summary: Breakthrough in lab-grown chocolate production.