Cocoa And Chocolate Market projected to cross USD 147.9 billion by 2024Posted by shanigaram karthik on December 26th, 2019 Market overview Cocoa is the most abundant source for phenolic antioxidants compared to other foods. Flavonoids such as epicatechin, catechin and procyanidins predominate in antioxidant activity. The Cocoa and Chocolate Market is estimated to rise at a CAGR of 5.1% from 2019 to 2025. Recent developments
Market Drivers and Restrains Benefits of chocolates as a useful food and high penetration rate in emerging countries are some significant aspects influencing the market growth. In terms of medicinal value, it is proven that calculated amounts of cocoa-rich chocolates reduce the risk of heart failure, which supported its demand among different demographics across the world. In addition, the growing number of supermarkets and specialty stores are also bringing new flavours in the reach of potential customers. However, varying consumer favourites and low growth rates in large markets are hindering the market growth. To know more read https://www.marketdataforecast.com/market-reports/cocoa-and-chocolate-market Report is segmented as By Chocolate Type
By Cocoa Type
Geographical Segmentation: By geography, Asia-Pacific has the largest share in the global cocoa and chocolate market due to more and more satisfactory and attractive options for the chocolate manufacturers. Key market players:
View sample and decide: https://www.marketdataforecast.com/market-reports/cocoa-and-chocolate-market/request-sample Scope of the report: The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated. The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Abhishek Shukla Sales Manager at Market Data Forecast Email: abhishek@marketdataforecast.com Tel: +1-888-702-9626 Website: https://www.marketdataforecast.com/ Like it? Share it! More by this author |