For a vast number of chocolate makers, this year has been anything but sweet. Amidst surging cocoa prices – which are still on a wild roller coaster ride – conglomerates like The Hershey Company and Mondelēz International have resorted to passing price hikes on to consumers to reduce the impact on their balance sheets, while investors have expressed increased interest in high-tech startups producing alt-cocoa products with methods like fermentation and plant cell culture.
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