Cocoa-Free Chocolate Maker Voyage Foods Raises $52 Million [BNN Bloomberg (Canada)]
Mondelez International, Inc. - Class A (MDLZ)
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm
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Source: BNN Bloomberg
Voyage Foods' chocolate is made with blended vegetable oils, sugar, grape seeds and sunflower protein. It also makes a peanut-free spread with a mix of seeds, sugar, legumes and palm oil and produces a hazelnut-free Nutella-style spread and bean-free coffee. The company's founder, Adam Maxwell, sees an opportunity as demand grows for commodities such as coffee beans and cocoa and extreme weather disrupts production, making them scarcer. Coffee and cocoa alternatives will help to bridge the gap between supply and demand, Maxwell said in an interview, with substitutes becoming “a material percent of these global commodities as the world evolves.” He added that Voyage products are more environmentally sustainable than the real thing, and said the company aims to sell them to consumer-goods and food-service companies as substitutes for the ingredients. Voyage Foods products arrived at Walmart last year and Maxwell says sales are growing each month. Rudi's Rocky Mountain Bakery, a Bould
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News
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- The OREO Brand collaborates with Lucasfilm to Launch New Special Edition STAR WARS™ Cookie PacksPR Newswire
- CLIF BAR Re-Launches “Loop the Lincoln” to Advance Organic Food and Farming InitiativesGlobeNewswire
- Mondelez International Showcases Sweet Collaborations & Omnichannel Expertise at Sweets & Snacks ExpoGlobeNewswire
MDLZ
Earnings
- 4/30/24 - Beat
MDLZ
Sec Filings
- 4/30/24 - Form 10-Q
- 4/30/24 - Form 8-K
- 4/29/24 - Form DEFA14A
- MDLZ's page on the SEC website