INNOVATION AT YOUR FINGERTIPS
Updated: 10/2019
Krakakoa
Indonesia / Jakarta , Indonesia
Pitch
Krakakoa empowers and supports farmers to become master craftsmen in their trade, creating the exceptional cacao beans that go into our chocolate.
Why
Low cocoa farm productivity
Indonesian cocoa farmers fail to improve the condition of their farms, resulting in low profits.
Poor quality unfermented cocoa
Cocoa farmers lack the knowledge and tools to meet global demand for high-quality cocoa.
Encroachment on protected rainforest
Cocoa farmers are unaware of the negative environmental impact they might have.
Market
$161.2bn
Forecast value of global chocolate market by 2024, based on 7% CAGR from US$103.3bn in 2017.
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