COCOA AND CHOCOLATE MARKET TO SHOW TREMENDOUS GROWTH BY 2027

Cocoa and Chocolate Market In-depth Analysis 2020-2027

The Cocoa and Chocolate Market provides a 360 view and insights, outlining the key outcomes of the industry, current scenario witnesses a slowdown and study aims to unique strategies followed by key players. The research is derived through primary and secondary statistics sources and it comprises both qualitative and quantitative detailing. The study bridges the historical data from 2014 to 2020 and estimated till 2027*. Some are the key & emerging players that are part of coverage and were profiled in current version 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.

Worldwide Cocoa and Chocolate Industry 2020 Market Research Report is spread crosswise over 129 pages and gives restrictive essential insights, information, data, patterns and aggressive scene points of interest in this specialty division.

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An introduction of Cocoa and Chocolate Market 2020

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.

Crucial Market Segment details-:

  • 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