Pret A Manger breakfast porridge hit by coconut shortage | City & Business | Finance - World Big News

Pret A Manger breakfast porridge hit by coconut shortage | City & Business | Finance

In Business


Many of Pret’s breakfast fans have been turned away this month, and the situation is not expected to improve until early next year.

The company confirmed to Bloomberg News that the popular £2.65 item made with coconut milk, oats and red quinoa, is not unavailable because of low stocks of the tropical fruit from Pret’s supplier.

Twitter users have questioned the “sudden demise” of the popular breakfast item with Pret confirming to user @queenpea54: “We’re sorry, Priscilla, we currently have a shortage of our Coconut Porridge but we’re hoping to have it back very soon!”

Supermarket giant Asda also has the item listed as “unavailable” on its website.

The global coconut shortage has been caused by the surge in demand for coconut water drinks advertised by Supermodel Chrissy Teigen, singer Rihanna and actor Jessica Alba. 

Bloomberg report that despite 2.5 million acres of new coconut plantings in the last 10 years, the downward trend, is due to aged palm trees as well as pests and diseases.

The poor crop yield has pushed coconut prices to a record $2,000 per metric ton in May, according to data compiled by Bloomberg.

Worldwide production of coconut, concentrated in Indonesia, the Philippines and India, stands at 16 million metric tons, according to Fairfood, a nonprofit organisation based in the Netherlands.

One in every 20 products sold at supermarkets – from shampoo to Bounty candy bars – contains it, the group says.

Pret A Manger said it sells 6,000 servings of coconut porridge daily.

Our spokeswoman Ellie Ciccone-Hughes told Bloomberg: “Our food team are working extremely hard to get coconut porridge back into Pret shops.”