Soaring cocoa prices force Oreo cookies, Cadbury and other chocolate giants into extraordinary move
The soaring price of cocoa has led chocolate-makers to experiment with lab grown alternatives. Mondelez International, which makes Oreo and Chips Ahoy cookies and Cadbury chocolate bars, poured funding into start-up Celleste Bio earlier this month, according to The Financial Times. The company uses cell culture technology to grow 100 percent natural cocoa from just one or two beans. Its aim is to 'eliminate the industry's costly reliance on fragile rainforests,' the company says on its website.
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