Cocoa Market to Observe Strong Development by 2028 End

Posted by Jack Martin on December 24th, 2019

Fact.MR’s report on Global Cocoa Market

Rising popularity of cocoa based products such as cocoa drinks, chocolate, cocoa butter and cocoa liquor is boosting the growth of the global cocoa market. Over the recent years, demand for cocoa products, especially chocolate has surged in emerging countries such as India and China. Moreover, introduction of cocoa based health drinks and a range of new chocolate confectionary items is also driving the global consumption of cocoa. On the other hand, high cost of production and inadequate supply of cocoa are posing a major challenge to the market. Weather plays a key part in determining the quality and quantity of cocoa beans that are cultivated each year, hence unfavorable weather conditions can lead to low yield, which remains a major concern for the overall cocoa market. Fact.MR report on the cocoa market envisages an impressive CAGR of 11.23% during the forecast period of 2018 – 2028.

In a recent business intelligence study, Fact.MR presents the nitty-gritty of the global Cocoa market considering 2013-2017 as the historic year and 2018–2028 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.

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The Cocoa market study outlines the key regions - North America, Latin America, Europe, South Asia, East Asia, CIS & Russia and Middle East & Africa– along with the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin.

Prominent players covered in this research are Cargill, Inc, Olam International Ltd, Barry Callebaut AG, Guan Chong Cocoa Manufacturers Sdn., Natra SA, Touton SA, BT COCOA, Dutch Cocoa BV, Blommer Chocolate Company, JB Foods, and Cemoi Chocolatier SA.

The Cocoa market report addresses the below-mentioned queries:

• Why are vendors shifting away from traditional methods of manufacturing Cocoa?
• How the global Cocoa market does looks like in the next five years?
• Which end use industry is expected to surpass segment by the end of 2028?
• What innovative products are being introduced by the players in the global Cocoa market?
• Which regions are showing the fastest market growth?

Global Cocoa Market Segmentation Analysis:

On the basis of By Nature,

• Organic
• Conventional

On the basis of Process type,

• Natural
• Dutch

On the basis of Product type,

• Cocoa Powder
• Cocoa Butter
• Cocoa Liquor
• Cocoa Beans

On the basis of Application,

• Confectionery
• Functional Food
• Bakery Items
• Pharmaceutical
• Cosmetics
• Beverages

Crucial insights in the Cocoa market research:

• Underlying macro- and microeconomic factors impacting the growth of the Cocoa market.
• Basic overview of the Cocoa, including market definition, classification, and applications.
• Scrutinization of each Cocoa market player based on mergers & acquisitions, R&D projects, and product launches.
• Adoption trend of Cocoa across various industries.
• Important regions and countries offering lucrative opportunities to Cocoa market stakeholders.

Reasons to choose Fact.MR:

• Exhaustive research regarding the market to offer A to Z information.
• Digital technologies to provide innovative business solutions to the clients.
• 24/7 availability of services.
• Interaction with suppliers, vendors, and service providers for precise market landscape.
• Reports tailored as per the requirements of the clients.

And many more …