Cocoa Liquor Market Inclinations & Development Status HighlightedPosted by Arslan on March 11th, 2019 Prevalence of chocolate as one of the most sought-after and widely consumed product in the world of food & beverages has urged companies to extend the production of cocoa liquor. Over the years, a range of chocolate products such as cocoa butter have been processed through cocoa liquor. Farmers from across the globe are increasingly shifting towards cash crops, which has incidentally spurred the global cocoa production. With ample cocoa beans at their disposal, companies in the global cocoa liquor market are setting up new processing plants and extending their production capacities. However, a key impediment for production of cocoa liquor is the cost-intensive of edible alcohols. Since production of cocoa liquor entails the use of alcohols, environmental protection agencies are creating stringency in their supply chain, and companies are being compelled to control the toxic emissions of their processing plants. A new report by Fact.MR projects that the demand for cocoa liquor will remain high in the near future, however, companies will struggle to meet them cost-effectively. During the forecast period, 2017-2026, the global market for cocoa liquor is expected to expand at a CAGR of 2.9%. By the end of 2026, over 1.4 million tons of cocoa liquor is likely to be sold in the global market. The report has addressed and analyzed a slew of factors influencing the production and consumption of cocoa liquor in the global food & beverage industry. Browse More Information about this Report @ https://www.factmr.com/report/374/cocoa-liquor-market 6 Key Takeaways from The Report
The report has also studied and profiled the companies partaking the global production of cocoa liquor. Companies namely, Nestle, Hershey's, Cargill, Inc., ADM, Ghirardelli, Cocoa Processing Company, Mars, Inc., Valrhona, Barry Callebaut, and Bloomer Chocolate are expected to actively participate in the expansion of the global cocoa liquor market through 2026. Like it? Share it!More by this author |