Global Cocoa and Chocolate Coating By Chocolate Type (Dark, White, Filled and Milk), Cocoa Type (Cocoa Butter, Cocoa Powder and Cocoa Liquor), Application (Confectionary, Cosmetics, Pharmaceuticals and Food and Beverage), Distribution Channel (Sales Channel, Distributors, Traders and Dealers), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Cocoa and Chocolate Coating Market
Data Bridge Market Research analyses that the global cocoa and chocolate coating market will project a CAGR of 5.26% for the forecast period of 2021-2028. Growth and expansion of the food and beverages industry, growing demand for fair-trade chocolates, rising consumer consciousness towards high quality nutritional products or healthy snacks, and increasing personal disposable income by the major companies are the major factors attributable to the growth of cocoa and chocolate coating market.
Cocoa is an ingredient that is used in a wide range of food and hot beverages due to its anti-inflammatory properties. The consumption of cocoa brings along a wide range of benefits such as lowering down the blood sugar level, improving the concentration, high in nutritional value, provide anti-oxidant relief and so on. Cocoa and chocolate coatings are being used at large scale by confectionary industry owing to the changing consumers’ tastes and preferences.
Rising personal disposable income and growing awareness about the benefits of chocolate and cocoa are the major factors fostering the growth of the market. Changing lifestyle, westernization, rising adoption of sustainable cocoa cultivation and ever-rising global population are other important factors acting as market growth determinants. Improving distribution channel, growing focus of the manufacturers on providing innovative products, rising availability of a wide range of products and brand portfolio along with well-established brands and changing tastes and preferences of consumers will further induce growth in the market value.
However, side effects associated with high consumption of chocolates and cocoa will pose a major challenge to the growth of the market. Availability of counterfeit products will further restrict the scope of growth for the market. Low production rate by farmers owing to owing to the less benefits arrived out of it will also hamper the market growth rate.
This cocoa and chocolate coating market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on cocoa and chocolate coating market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Cocoa and Chocolate Coating Market Scope and Market Size
The cocoa and chocolate coating market is segmented on the basis of chocolate type, cocoa type, application and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of chocolate type, the cocoa and chocolate coating market is segmented into dark, white, filled and milk.
- Based on cocoa type, the cocoa and chocolate coating market is segmented into cocoa butter, cocoa powder and cocoa liquor.
- Based on the application, the cocoa and chocolate coating market is segmented into confectionary, cosmetics, pharmaceuticals and food and beverage.
The cocoa and chocolate coating market is also segmented on the basis of distribution channel. The distribution channel is segmented into sales channel, distributors, traders and dealers. Sales channel is further segmented into direct marketing, indirect marketing and marketing channel.
Cocoa and Chocolate Coating Market Country Level Analysis
The cocoa and chocolate coating market is analyses and market size, volume information is provided by country, chocolate type, cocoa type, application and distribution channel as referenced above.
The countries covered in the cocoa and chocolate coating market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Europe region dominates the cocoa and chocolate coating market and will continue to flourish its trend of dominance during the forecast period owing to the largest cocoa processing capacity in this region. Asia-Pacific is set to register the highest CAGR owing to the growth and expansion of bakery and confectionary industry, globalization, westernization, changing lifestyle, rise in demand for cocoa from the food and beverage industry and increasing personal disposable income.
The country section of the cocoa and chocolate coating market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Cocoa and Chocolate Coating Market Share Analysis
The cocoa and chocolate coating market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to cocoa and chocolate coating market.
The major players covered in the cocoa and chocolate coating market report are Cargill, Incorporated, ADM, Blommer Chocolate Company, Belcolade NV, Olam International, THE HERSHEY COMPANY, Ghirardelli Chocolate Company, Nestlé, Mars, Incorporated, Ecom Dutch Cocoa, Cocoa Processing Company Limited (CPC), Ferrero, Cocoa Processing Company Ltd., Guan Chong Berhad, Organic Commodity Products Inc., Newtown Foods USA, Belcolade NV, Barry Callebaut and Swiss Chalet Fine Foods among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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