Cocoa and chocolate add flavor, taste, and texture to the product. Cocoa is the fermented seeds of the cocoa tree. There has been an increasing demand for the cocoa and chocolate market due to its increasing application in the confectioneries. The food and beverages industry has been the major contributing factor for the global expansion and development of the coca and chocolate market.
MARKET DYNAMICS
The cocoa and chocolate market has witnessed significant growth owing to the health benefits of chocolates and cocoa. Moreover, the seasonal & festive-related sales are estimated to boost the cocoa and chocolate market in the coming years. The rising disposable income of lower-income groups provides a vast market opportunity for the key players operating in the cocoa and chocolate market.
MARKET SCOPE
The "Global Cocoa and Chocolate Market Analysis to 2028" is a specialized and in-depth study of the Food and Beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the cocoa and chocolate market with detailed market segmentation by product type, application, and geography. The global cocoa and chocolate market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Cocoa and chocolate market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global cocoa and chocolate market is segmented on the basis of product type and application. On the basis of product type, the cocoa and chocolate market is segmented into cocoa butter, cocoa liquor, white chocolate, filled chocolate, and others. On the basis of application, the global cocoa and chocolate is segmented into cosmetics, pharmaceuticals, food & beverages, and confectionery.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Cocoa and chocolate market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Cocoa and chocolate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Cocoa and chocolate market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Cocoa and chocolate market in these regions.
MARKET PLAYERS
The reports cover key developments in the Cocoa and chocolate market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Cocoa and chocolate market are anticipated to lucrative growth opportunities in the future with the rising demand for Cocoa and chocolate in the global market. Below mentioned is the list of few companies engaged in the Cocoa and chocolate market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Cocoa and chocolate market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
1. Archer Daniels Midland
2. Barry Callebaut
3. Blommer Chocolate
4. Cargill Incorporated
5. Cemoi
6. Cocoa Processing Company Ltd.
7. Mars Inc.
8. Meiji Holdings Co. Ltd.
9. Nestle S.A.
10. Olam International Limited
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.