Cocoa Market, By Nature (Organic, COnventional), By Process (Natural, Dutch), By Product Type (Cocoa Powder, Cocoa Butter, Cocoa Liquor), By Application (Confectionery, Functional Food, Bakery Items, Beverages, Cosmetics, Pharmaceuticals), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Cocoa is fully dried and fermented beans that are further processed to use in food, pharmaceutical, and cosmetics applications. Cocoa powder is mostly used in the production of chocolate confectionaries and cocoa paste. Cocoa butter is widely used in the pharmaceutical and cosmetic industry. Consumption of cocoa-rich products provide various health benefits such as reduce hypertension, lower risk of cardiovascular disease and chronic fatigue syndrome.
Market Dynamics
Increasing production of cocoa coupled with the rising adoption of advanced technology for processing and manufacturing of cocoa is projected to bolster the market growth. Improvement in the farming techniques helps in the high yield production of cocoa and this is increasing the supply of cocoa. Thus growing adoption of the advance farming techniques for cocoa is expected to spur the market growth over the forecast period.
Consumption of cocoa liquor is one of the current trends in the market. This is attributed to the growing working-class population including women coupled with the increasing adoption of westernization. Moreover, the growing focus of manufacturers on advertising and marketing in order to position cocoa-based products in the market is also anticipated to augment the market growth of the cocoa over the forecast timeframe.
Changing government regulations affects the production and selling policies of cocoa. This is expected to restrict the market growth. For instance, in December 2015, the Indonesian government announced new cocoa regulations that will require local farmers to ferment better quality cocoa beans in order to increase end-product value.
Key features of the study:
This report provides in-depth analysis of the global cocoa market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022 - 2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
This study also provides impact analysis of Coronavirus (Covid-19) pandemic on cocoa market.
It profiles key players in the global cocoa market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include The Barry Callebaut Group, The Hershey Company, Nestlé S.A., Cargill Incorporated, Puratos Group, Cémoi, Mars, Incorporated, Blommer Chocolate Company, Meiji Holdings Company, Ltd., Carlyle Cocoa, Jindal Cocoa, and United Cocoa Processor
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
The global cocoa market report caters to various stakeholders in this industry including investors, suppliers, cocoa manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the cocoa market
Detailed Segmentation:
Global Cocoa Market, By Nature:
Organic
COnventional
Global Cocoa Market, By Process:
Natural
Dutch
Global Cocoa Market, By Product Type:
Cocoa Powder
Cocoa Butter
Cocoa Liquor
Global Cocoa Market, By Application:
Confectionery
Functional Food
Bakery Items
Beverages
Cosmetics
Pharmaceuticals
Global Cocoa Market, By Region:
North America
U.S.
By Nature
Organic
Conventional
By Process
Natural
Dutch
By Product Type
Cocoa Powder
Cocoa Butter
Cocoa Liquor
By Application
Confectionery
Functional Food
Bakery Items
Beverages
Cosmetics
Pharmaceuticals
Canada
By Nature
Organic
Conventional
By Process
Natural
Dutch
By Product Type
Cocoa Powder
Cocoa Butter
Cocoa Liquor
By Application
Confectionery
Functional Food
Bakery Items
Beverages
Cosmetics
Pharmaceuticals
Europe
U.K.
By Nature
Organic
Conventional
By Process
Natural
Dutch
By Product Type
Cocoa Powder
Cocoa Butter
Cocoa Liquor
By Application
Confectionery
Functional Food
Bakery Items
Beverages
Cosmetics
Pharmaceuticals
Germany
By Nature
Organic
Conventional
By Process
Natural
Dutch
By Product Type
Cocoa Powder
Cocoa Butter
Cocoa Liquor
By Application
Confectionery
Functional Food
Bakery Items
Beverages
Cosmetics
Pharmaceuticals
France
By Nature
Organic
Conventional
By Process
Natural
Dutch
By Product Type
Cocoa Powder
Cocoa Butter
Cocoa Liquor
By Application
Confectionery
Functional Food
Bakery Items
Beverages
Cosmetics
Pharmaceuticals
Italy
By Nature
Organic
Conventional
By Process
Natural
Dutch
By Product Type
Cocoa Powder
Cocoa Butter
Cocoa Liquor
By Application
Confectionery
Functional Food
Bakery Items
Beverages
Cosmetics
Pharmaceuticals
Spain
By Nature
Organic
Conventional
By Process
Natural
Dutch
By Product Type
Cocoa Powder
Cocoa Butter
Cocoa Liquor
By Application
Confectionery
Functional Food
Bakery Items
Beverages
Cosmetics
Pharmaceuticals
Russia
By Nature
Organic
Conventional
By Process
Natural
Dutch
By Product Type
Cocoa Powder
Cocoa Butter
Cocoa Liquor
By Application
Confectionery
Functional Food
Bakery Items
Beverages
Cosmetics
Pharmaceuticals
Rest of Europe
By Nature
Organic
Conventional
By Process
Natural
Dutch
By Product Type
Cocoa Powder
Cocoa Butter
Cocoa Liquor
By Application
Confectionery
Functional Food
Bakery Items
Beverages
Cosmetics
Pharmaceuticals
Asia Pacific
China
By Nature
Organic
Conventional
By Process
Natural
Dutch
By Product Type
Cocoa Powder
Cocoa Butter
Cocoa Liquor
By Application
Confectionery
Functional Food
Bakery Items
Beverages
Cosmetics
Pharmaceuticals
India
By Nature
Organic
Conventional
By Process
Natural
Dutch
By Product Type
Cocoa Powder
Cocoa Butter
Cocoa Liquor
By Application
Confectionery
Functional Food
Bakery Items
Beverages
Cosmetics
Pharmaceuticals
Japan
By Nature
Organic
Conventional
By Process
Natural
Dutch
By Product Type
Cocoa Powder
Cocoa Butter
Cocoa Liquor
By Application
Confectionery
Functional Food
Bakery Items
Beverages
Cosmetics
Pharmaceuticals
ASEAN
By Nature
Organic
Conventional
By Process
Natural
Dutch
By Product Type
Cocoa Powder
Cocoa Butter
Cocoa Liquor
By Application
Confectionery
Functional Food
Bakery Items
Beverages
Cosmetics
Pharmaceuticals
Australia
By Nature
Organic
Conventional
By Process
Natural
Dutch
By Product Type
Cocoa Powder
Cocoa Butter
Cocoa Liquor
By Application
Confectionery
Functional Food
Bakery Items
Beverages
Cosmetics
Pharmaceuticals
South Korea
By Nature
Organic
Conventional
By Process
Natural
Dutch
By Product Type
Cocoa Powder
Cocoa Butter
Cocoa Liquor
By Application
Confectionery
Functional Food
Bakery Items
Beverages
Cosmetics
Pharmaceuticals
Rest of Asia Pacific
By Nature
Organic
Conventional
By Process
Natural
Dutch
By Product Type
Cocoa Powder
Cocoa Butter
Cocoa Liquor
By Application
Confectionery
Functional Food
Bakery Items
Beverages
Cosmetics
Pharmaceuticals
Latin America
Brazil
By Nature
Organic
Conventional
By Process
Natural
Dutch
By Product Type
Cocoa Powder
Cocoa Butter
Cocoa Liquor
By Application
Confectionery
Functional Food
Bakery Items
Beverages
Cosmetics
Pharmaceuticals
Mexico
By Nature
Organic
Conventional
By Process
Natural
Dutch
By Product Type
Cocoa Powder
Cocoa Butter
Cocoa Liquor
By Application
Confectionery
Functional Food
Bakery Items
Beverages
Cosmetics
Pharmaceuticals
Rest of Latin America
By Nature
Organic
Conventional
By Process
Natural
Dutch
By Product Type
Cocoa Powder
Cocoa Butter
Cocoa Liquor
By Application
Confectionery
Functional Food
Bakery Items
Beverages
Cosmetics
Pharmaceuticals
Middle East & Africa
Middle East
By Nature
Organic
Conventional
By Process
Natural
Dutch
By Product Type
Cocoa Powder
Cocoa Butter
Cocoa Liquor
By Application
Confectionery
Functional Food
Bakery Items
Beverages
Cosmetics
Pharmaceuticals
Africa
By Nature
Organic
Conventional
By Process
Natural
Dutch
By Product Type
Cocoa Powder
Cocoa Butter
Cocoa Liquor
By Application
Confectionery
Functional Food
Bakery Items
Beverages
Cosmetics
Pharmaceuticals
Company Profiles
The Barry Callebaut Group *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
The Hershey Company
Nestlé S.A.
Cargill Incorporated
Puratos Group
Cémoi
Mars, Incorporated
Blommer Chocolate Company
Meiji Holdings Company, Ltd.
Carlyle Cocoa
Jindal Cocoa
United Cocoa Processor
“*” marked represents similar segmentation in other categories in the respective section.
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