Cocoa liquor or chocolate liquor is a pure cocoa mass in solid or semi-solid form. Similar to the cocoa beans from which it is produced, cocoa liquor contains both cocoa solids and cocoa butter in roughly equal proportion. Cocoa liquor is produced from cocoa beans that are dried, fermented, roasted, and separated from their skins. The beans are grounded into a cocoa paste. The paste is melted to become the liquor, and the liquor is either separated into cocoa solids and cocoa butter or cooled and molded into blocks of raw chocolate. Its mainly used in making chocolate.
MARKET DYNAMICS
The cocoa liquor market has witnessed significant growth owing to factors such as increasing usage of cocoa liquor in ice-creams, desserts, and bakery and confectionery products. Moreover, surging demand for convenience food such as bakery products provides huge market opportunities for the key players in the market. However, different processing techniques of cocoa beans and the variations in climatic conditions needed for cultivating the cocoa beans, causes a variation in the taste and colors of the final product. This is projected to hamper the overall growth of the cocoa liquor market.
MARKET SCOPE
The "Global Cocoa Liquor 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 liquor market with detailed market segmentation by product type, application and geography. The global cocoa liquor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cocoa liquor market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global cocoa liquor market is segmented on the basis of product type and application. On the basis of type, the cocoa liquor market is segmented into chocolate product, cocoa butter, and cocoa powder. On the basis of application, the cocoa liquor market is segmented into food, drink, and pharmaceutical.
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 liquor 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 liquor 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 liquor 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 liquor market in these regions.
MARKET PLAYERS
The reports cover key developments in the cocoa liquor 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 liquor market are anticipated to lucrative growth opportunities in the future with the rising demand for cocoa liquor in the global market. Below mentioned is the list of few companies engaged in the cocoa liquor market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cocoa liquor 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.
- Barry Callebaut AG
- Cargill, Inc.
- Olam International
- Fuji Oil Company Ltd. (Blommer)
- ECOM Agroindustrial Corporation Ltd.
- Cocoa Processing Company Limited
- Touton S.A
- Niche Cocoa Industry Ltd.
- BD Associates Ghana Ltd.
- PLOT Enterprise Ghana Ltd.