Most CPG companies are largely unready to handle the ingredient shortages, price hikes, and supply issues caused by climate change (and/or population growth) over the next decade. From staple crops to cash crops like cocoa and coffee, disruption from these factors won’t happen everywhere at once…but the impact severity will only increase over time. Food technology innovations like precision fermentation and cellular agriculture present hopeful aid…that is if they survive the upcoming predicated market consolidation period. The problem was created when these food technology startups raised billions at the “tippy top” of market valuations, scaled up operations too quickly, and hit commercialization snags. So, the question remains: how long before traditional agricultural giants like Cargill just buy up all the struggling precision fermentation and cellular agriculture startups that own valuable IP…further strengthening market domination of whole commodity groups?

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