Barry Callebaut, Cargill, Incorporated, Olam International are Dominating the Europe Cocoa Products Market in 2019

Europe Cocoa Products Market is expected to grow with the CAGR of 5.6% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Europe cocoa products market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in Europe cocoa products market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, In May, Barry Callebaut has announced to collaborate with Unilever to support cocoa farmer cooperatives. This development helps the company to increase the production capacity and revenue in near future.

Barry Callebaut is dominating player in Europe Cocoa products market. The other key players existing in the market includes Olam International, Cargill, Incorporated, Barry Callebaut, NATRA, TOUTON S.A., Nestle, JBCOCOA Sdn. Bhd., MONER COCOA, S.A., Indcre S.A., PURATOS, TRADIN ORGANIC AGRICULTURE B.V., Huyser Möller, Sucden, and Ecom Dutch Cocoa among others.

Barry Callebaut

Barry Callebaut, headquartered in Zurich, Switzerland was founded in 1996. e company focuses on providing high quality chocolate and cocoa products and they also provides raw materials in making high quality chocolates. The company provides has various product categories that is Artisans & Chefs, Food & Beverage Manufacturers, Vending, out of which Food & Beverage Manufacturers is market focused product category.

• 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.

The company has presence across the globe inNorth America, South America, Europe, Asia-Pacific, Middle East and Africa.

Cargill, Incorporated

Cargill, Incorporated is headquartered in Minneapolis, U.S., was founded in 1865. The company engaged in providing the food, agriculture, nutrition and risk management services to the consumers. The company offers product under Food & Beverage category.

• In May 2020, Cargill, Incorporated is maintaining a partnership with International Cocoa Initiative for starting of campaigns against child labour in Ghana and Cameroon which are engaged in the cocoa production. This helps the company to be the first to take the steps against the child labour in cocoa community and help to increase the good will in the Europe market.

The company has wide Europe presence across North America, South America, Europe, Middle East and Africa, Asia-Pacificand generates revenue from subsidiaries such as NatureWorks (U.S.), Bucanero Chickens (U.S.), Wilbur Chocolate Company (U.S.) among others.

Olam International

Olam International headquartered in Côte d’Ivoire, West Africa and was foundedinyear 1989.The company engaged in manufacturing and commercializing of wide range of Olam Food Ingredients across the world.The company operates in Food Category, Non-Food Categorybusiness segments out of which Food Category is market focused segment. The company offers wide range of product categoriessuch as Olam Food Ingredients, Olam Europe Agriin which Olam Food Ingredients is market focused category.

• In May 2020, Olam International has taken a certification of Forest Stewardship Council (FSC) certification which will give them concession on the forest subsidiaries. This development will help the company to increase the production and revenue in near future.

The company has wide Europe presence acrossthe world asNorth America South America, Europe, Middle East and Africa, Asia-Pacific with its various subsidiaries such as Olam Ghana Limited (Ghana), Olam South Africa (Proprietary) Limited (South Africa), Olam Agricola Ltda (Brazil), LLC Outspan International (Russia), Olam Orchards Australia Pty Ltd (Australia) and among.