Global Cocoa and Chocolate Market, By Chocolate Type (Dark, White, Filled, Milk), Cocoa Type (Cocoa Butter, Cocoa Powder, Cocoa Liquor), Application (Confectionary, Cosmetics, Pharmaceuticals, Food & Beverage), Distribution Channel (Sales Channel, Distributors, Traders, Dealers), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, 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 2027
Market Analysis and Insights: Global Cocoa and Chocolate Market
Cocoa and chocolate market is expected to reach USD 74.39 billion by 2027 growing at a rate of 5.2% during the forecast period of 2020 to 2027. Increasing demand for fair-trade chocolates and the consumer’s inclination towards healthy snacking are the factors for the cocoa and chocolate market in the forecast period of 2020- 2027.
Wide range of products and brand portfolio along with well-established brands, health benefits associated with cocoa and chocolate products, introduction of new flavors, increasing usage of cocoa due to its antioxidant content are some of the factors that will likely to accelerate the growth of the cocoa and chocolate market in the forecast period of 2020 to 2027. On the other hand, low penetration rate in burgeoning countries and the increasing usage of chocolates as a functional food will further create new opportunities for the cocoa and chocolate market in the above mentioned forecast period.
Changing consumer’s preferences and availability of counterfeit products will hinder the growth of cocoa and chocolate market in the above mentioned forecast period.
This cocoa and chocolate market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized 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 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 Market Scope and Market Size
Cocoa and chocolate market is segmented on the basis of chocolate type, cocoa type, application and distribution channel. The growth among segments helps you analyze 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 market is segmented into dark, white, filled and milk.
- Based on cocoa type, the cocoa and chocolate market is segmented into cocoa butter, cocoa powder and cocoa liquor.
- Based on the application, the cocoa and chocolate market is segmented into confectionary, cosmetics, pharmaceuticals and food & beverage.
- The cocoa and chocolate 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 Market Country Level Analysis
Cocoa and chocolate market is analyzed 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 market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, 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).
North America and Europe dominates the cocoa and chocolate market because of increasing large manufacturing base present in the regions. Asia-Pacific is expected to grow in the forecast period of 2020 to 2027 due to more and more satisfying and striking market for chocolate manufacturers.
The country section of the cocoa and chocolate 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 Market Share Analysis
Cocoa and chocolate 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 market.
The major players covered in the cocoa and chocolate report are Cocoa Processing Company Ltd., Cargill, Incorporated, Archer Daniels Midland, Blommer Chocolate, Barry Callebaut, Cemoi, Meiji Holdings Co. Ltd., Puratos Group, Olam International Limited, Mars Inc, Nestle S.A., ADM, Bunge, Indcresa, JB Foods Limited, Plot Enterprise Ghana Ltd, Dutch Cocoa, Olam International, Touton S.A., BD Associates Ghana Ltd., Niche Cocoa Industry Ltd. 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.
Customization Available: Global Cocoa and Chocolate Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.