Global Cocoa Ingredients Market Growth 2023-2029
Cocoa ingredients are derivatives of cocoa beans and are used widely for various purposes.
LPI (LP Information)' newest research report, the “Cocoa Ingredients Industry Forecast” looks at past sales and reviews total world Cocoa Ingredients sales in 2022, providing a comprehensive analysis by region and market sector of projected Cocoa Ingredients sales for 2023 through 2029. With Cocoa Ingredients sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cocoa Ingredients industry.
This Insight Report provides a comprehensive analysis of the global Cocoa Ingredients landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cocoa Ingredients portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Cocoa Ingredients market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cocoa Ingredients and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cocoa Ingredients.
The global Cocoa Ingredients market size is projected to grow from US$ 4698.7 million in 2022 to US$ 5585.3 million in 2029; it is expected to grow at a CAGR of 5585.3 from 2023 to 2029.
The global cocoa ingredients market is segmented into North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. Latin America is dominating the cocoa ingredients market, followed by Africa. The U.S., in North America, is experiencing a high demand for cocoa ingredients, owing to the increasing consumption of bakery and confectionery products in the country. Moreover, increased demand for cocoa ingredients from Switzerland, Germany, and France is further supporting the sales of cocoa ingredients in the global market.
This report presents a comprehensive overview, market shares, and growth opportunities of Cocoa Ingredients market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Cocoa Beans
Cocoa Paste
Cocoa Fat & Oil
Cocoa Shells
Cocoa Powder
Segmentation by application
Chocolate and Confectionary
Dairy
Bakery
Beverages
Pharmaceutical
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Archer Daniels Midland Company
Cocoa Processing Company Ltd.
Agostoni Chocolate
Barry Callebaut
Mars Inc.
Hershey
United Cocoa
Olam International Ltd.
Cargill Incorporated
Cargill
Niche Cocoa Industry Ltd
Key Questions Addressed in this Report
What is the 10-year outlook for the global Cocoa Ingredients market?
What factors are driving Cocoa Ingredients market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Cocoa Ingredients market opportunities vary by end market size?
How does Cocoa Ingredients break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.