Global Cocoa Products Market is Expected to Grow at 5.3% in the Forecast Period of 2020 to 2027

Cocoa Products Market is forecasted to grow at 5.3% with factor such as increasing demand for cocoa products infused confectionaries.

Cocoa products market is growing with factors such as rise in awareness regarding health benefits of cocoa and application of cocoa in range of industries along with use of high sugar content in most of the cocoa products and rise in price of high quality cocoa beans may obstruct the growth of the market in the given forecast period.  

Cocoa Products Market Scenario

According to Data Bridge Market Research, the market for cocoa products in Europe region has the highest market share followed by North America and Asia-Pacific. Market leader is Barry Callebaut which accounts an estimated market share of approximately 21% 25% in the global cocoa products market.

  • In May 2020, Barry Callebaut has announced to acquire GKC foods in Australia for the production of the chocolate line. This development helps the company to increase the production capacity and revenue in near future.

Cocoa Products MarketTrends Impacting the Market

Now the question is which other regions Barry Callebaut, Cargill, Incorporated, Olam International, Sucden are targeting? Data Bridge Market Research has estimated a large growth in Europe cocoa products market and the market leaders targeting Germany to be their next revenue pockets for 2020.

Cocoa products market is becoming more competitive every year with companies such as Barry Callebaut, Cargill, Incorporated, Olam International, Sucden and TOUTON S.A as they are the market leaders for cocoa products. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the cocoa products market.

For more analysis on the cocoa products market request for a briefing with our analysts

Cocoa Products Market Development

  • In March 2019, Cargill, Incorporated acquired Smet, one of the supplier of chocolates and sweet decorations in Belgium. This will bring these companies together along with their global gourmet chocolate activities. This has helped the company to increase their customer base and also helped them to focus on its new product portfolio.

Scope of the Cocoa Products Market

Global cocoa products market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, Italy, France, Switzerland, Russia, Spain, U.K., Belgium, Netherlands, Poland, Turkey, Sweden, Denmark and Rest of Europe, China, Australia, Vietnam, Japan, India, New Zealand, Malaysia, South Korea, Singapore, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, Oman, U.A.E., Qatar, Kuwait, Rest of  Middle East and Africa.

  • All country based analysis of cocoa products market is further analyzed based on further segmentation. On the basis of type of cocoa, the market is segmented into forastero cocoa, trinitario cocoa and criollo cocoa. On the basis of product type, the market is segmented into cocoa beans, cocoa butter, cocoa powder & cake, cocoa liquor & paste, cocoa nibs and others. On the basis of source, the market is segmented into inorganic and organic. On the basis of application, the market is segmented into food & beverages, personal care & cosmetics, dietary supplements and others. On the basis of distribution channel, the market is segmented into direct and indirect

To know more about the study

Key Pointers Covered in Cocoa Products Market Industry Trends and Forecast to 2027

  • Market Size
  • Market Standards and Changes
  • Market Trials in Different Regions
  • Market Requirements in Different Regions
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Recent Market Value for Different regions
  • Sales Data for Market Competitors
  • Market Key Vendors and Disruptors Study
  • Impact of COVID-19 in the market
  • Regulatory Framework and Claims
  • Supply Chain Analysis
  • Value Chain Analysis
  • Pricing Analysis
  • Production & Consumption Analysis of Cocoa Products

Key Market Competitors Covered in the Report

  • Olam International
  • Cargill, Incorporated
  • Barry Callebaut
  • Kuruvilla & Sons
  • Nestle
  • JBCOCOA Sdn. Bhd.
  • Ecuakao Group Ltd
  • Indcre S.A.
  • Blommer Chocolate Company
  • Guan Chong Berhad (GCB)
  • ciranda, inc
  • Huyser Möller
  • Sucden
  • Plot Enterprise Ghana Ltd
  • Ecom Dutch Cocoa
  • FTN Cocoa Processors PLC
  • Jindal Cocoa

Above are the key players covered in the report, to know about more and exhaustive list of cocoa products companies’, contact us

Research Methodology: Global Cocoa Products Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Product Manufactures, Food and Beverages Industries, Food Service Expert
  • Supply Side: Service Providers, Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

Related Reports

Browse in Food and Beverage Category Related Reports@