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

Global Cocoa Products Market is expected to grow with the CAGR of 5.3% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Global 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 global 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 2020, 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 global cocoa products market. The other key players existing in the market includes Olam International, Cargill, Incorporated, Barry Callebaut, NATRA, TOUTON S.A., Kuruvilla & Sons, Nestle, JBCOCOA Sdn. Bhd., Ecuakao Group Ltd, ALTINMARKA, MONER COCOA, S.A., Indcre S.A., PURATOS, Blommer Chocolate Company, Guan Chong Berhad (GCB), UNITED COCOA PROCESSOR, INC., ciranda, inc., TRADIN ORGANIC AGRICULTURE B.V., Huyser Möller, Sucden, Plot Enterprise Ghana Ltd, Ecom Dutch Cocoa, FTN Cocoa Processors PLC, Jindal Cocoa among others.

Cocoa Products MarketBarry Callebaut

Barry Callebaut, headquartered in Zurich, Switzerland was founded in 1996. The 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 the market focused product category. The company also generates its revenue from various subsidiaries such as Van Leer Chocolate Corporation (U.S.), Barry Callebaut Canada Inc. (Canada). The company has its presence in Europe, Middle East and Africa, Americas and Asia-Pacific.

  • In January 2020, Barry Callebaut has announced to expand Chocolate Academy Center in Banbury, U.K. This development helps company to increase the production capacity and revenue in near future.

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

  • 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 global market.

Olam International

Olam International headquartered in Côte d’Ivoire, West Africa and was founded in 1989.The company engaged in manufacturing and commercializing of wide range of Olam food ingredients across the world. The company offers wide range of product categories such as Olam food ingredients, and Olam global agriin in which Olam food ingredients is market focused category. The company has wide global presence across the world as North 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) among others.

  • 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.