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Global Cocoa Processing Market: By Bean Type: Forastero, Criollo, Trinitario: By Product Type: Cocoa Butter, Cocoa Liquor, Cocoa Powder; By Application: Confectionery, Bakery, Beverages; Regional Analysis; Historical Market and Forecast (2016-2020); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Cocoa Processing Market Outlook

The global cocoa processing market size reached 4.46 million tons in 2020. As cocoa butter and powder are used in the manufacturing of chocolate and various other chocolate products, the rising demand for these products is currently driving the growth of the market. The global cocoa processing market is further expected to grow at a CAGR of about 1.3% between 2021 and 2026 to reach a volume of about 4.76 million tons by 2026.

 

Cocoa Processing Market

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This report by Expert Market Research entitled “Global Cocoa Processing Market Report and Forecast 2021-2026” provides a comprehensive analysis for anyone who plans to foray into the global cocoa processing market.

Historical market trends for the cocoa processing industry have been provided from 2016-2020 and forecasts have been presented till 2026. The value chain analysis of cocoa has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales, and distribution. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the cocoa processing industry has also been provided.

This report provides an exhaustive insight for setting-up and running a cocoa processing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.

 

Properties and Applications

Cocoa bean or cacao bean is the dried and fully fermented fatty seed which comes from the fruit of the cocoa tree or Theobroma cacao. It is primarily used to manufacture cocoa solids or powder, and cocoa butter which are further processed to manufacture various products like chocolate, bakery goods, ice cream, milk drinks, etc.

 

Cocoa Processing Market by Bean Type

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The bean types in the market can be segmented into the following:

  • Forastero
  • Criollo
  • Trinitario
  • Others

The product types in the market can be categorised as follows:

  • Cocoa Butter
  • Cocoa Liquor
  • Cocoa Powder

It finds wide applications in the following sectors:

  • Confectionery
  • Bakery
  • Beverages
  • Pharmaceuticals
  • Others

The regional markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Cocoa Processing Market by Region

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Market Analysis

Cocoa beans are known for their antioxidants, anti-inflammatory and anti-aging properties, and have high levels of flavonoids, proanthocyanidins and theobromines. The risk of cardiovascular diseases, including arrythmia, cardiomyopathy, and heart insufficiency, is further associated with flavonosides. This has contributed to a rise in the health-conscious market demand for cocoa-based products. In addition, cocoa continues to be an essential raw material for the international chocolate industry that contributes significantly to global cocoa processing market. In several different applications from bakery, milk and beverage products and cosmetics to pharmaceutical products, cocoa applications expand apart from the chocolate industry. Cocoa products, like cocoa butter, are used in over-the-counter items in the field of personal care, including lotions, lip balls, creams, and soap bars, made to humidify the skin and to treat chapped lips. In various supplements and drugs, they are also used as coating and flavouring agents.

 

Competitive Landscape

The report analyses the following key players in the global cocoa processing market, looking into their capacity, competitive landscape, and latest developments like mergers and acquisitions, expansions of capacity, and plant turnarounds:

  • Barry Callebaut
  • Cargill Inc.
  • Nestlé S.A
  • Mondel?z International
  • Others

In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complemented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.

Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Bean Type, Product Type, Application, Region
Breakup by Bean Type Forastero, Criollo, Trinitario, Others
Breakup by Product Type Cocoa Butter, Cocoa Liquor, Cocoa Powder
Breakup by Application Confectionery, Bakery, Beverages, Pharmaceuticals, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Barry Callebaut, Cargill Inc., Nestlé S.A, Mondel?z International, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Cocoa Market Overview

    8.1    Key Industry Highlights
    8.2    Global Cocoa Historical Market (2016-2020) 
    8.3    Global Cocoa Market Forecast (2021-2026)
    8.4    Global Cocoa Market by Region
        8.4.1    Market Share
            8.4.1.1    North America
            8.4.1.2    Europe
            8.4.1.3    Asia Pacific
            8.4.1.4    Latin America
            8.4.1.5    Middle East and Africa
9    Global Cocoa Processing Market Analysis
    9.1    Key Industry Highlights
    9.2    Global Cocoa Processing Historical Market (2016-2020) 
    9.3    Global Cocoa Processing Market Forecast (2021-2026)
    9.4    Global Cocoa Processing Market by Bean Type
        9.4.1    Forastero
            9.4.1.1    Market Share
            9.4.1.2    Historical Trend (2016-2020)
            9.4.1.3    Forecast Trend (2021-2026)
        9.4.2    Criollo
            9.4.2.1    Market Share
            9.4.2.2    Historical Trend (2016-2020)
            9.4.2.3    Forecast Trend (2021-2026)
        9.4.3    Trinitario
            9.4.3.1    Market Share
            9.4.3.2    Historical Trend (2016-2020)
            9.4.3.3    Forecast Trend (2021-2026)
        9.4.4    Others
    9.5    Global Cocoa Processing Market by Product Type
        9.5.1    Cocoa Butter
            9.5.1.1    Market Share
            9.5.1.2    Historical Trend (2016-2020)
            9.5.1.3    Forecast Trend (2021-2026)
        9.5.2    Cocoa Liquor
            9.5.2.1    Market Share
            9.5.2.2    Historical Trend (2016-2020)
            9.5.2.3    Forecast Trend (2021-2026)
        9.5.3    Cocoa Powder
            9.5.3.1    Market Share
            9.5.3.2    Historical Trend (2016-2020)
            9.5.3.3    Forecast Trend (2021-2026)
    9.6    Global Cocoa Processing Market by Application
        9.6.1    Confectionery
            9.6.1.1    Market Share
            9.6.1.2    Historical Trend (2016-2020)
            9.6.1.3    Forecast Trend (2021-2026)
        9.6.2    Bakery
            9.6.2.1    Market Share
            9.6.2.2    Historical Trend (2016-2020)
            9.6.2.3    Forecast Trend (2021-2026)
        9.6.3    Beverages
            9.6.3.1    Market Share
            9.6.3.2    Historical Trend (2016-2020)
            9.6.3.3    Forecast Trend (2021-2026)
        9.6.4    Pharmaceuticals
            9.6.4.1    Market Share
            9.6.4.2    Historical Trend (2016-2020)
            9.6.4.3    Forecast Trend (2021-2026)
        9.6.5    Others    
    9.7    Global Cocoa Processing Market by Region
        9.7.1    Market Share
            9.7.1.1    North America
            9.7.1.2    Europe
            9.7.1.3    Asia Pacific
            9.7.1.4    Latin America
            9.7.1.5    Middle East and Africa
10    Regional Analysis
    10.1    North America
        10.1.1    Historical Trend (2016-2020)
        10.1.2    Forecast Trend (2021-2026)
        10.1.3    Breakup by Country
            10.1.3.1    United States of America 
            10.1.3.2    Canada
    10.2    Europe
        10.2.1    Historical Trend (2016-2020)
        10.2.2    Forecast Trend (2021-2026)
        10.2.3    Breakup by Country
            10.2.3.1    United Kingdom
            10.2.3.2    Germany
            10.2.3.3    France
            10.2.3.4    Italy
            10.2.3.5    Others
    10.3    Asia Pacific
        10.3.1    Historical Trend (2016-2020)
        10.3.2    Forecast Trend (2021-2026)
        10.3.3    Breakup by Country
            10.3.3.1    China
            10.3.3.2    Japan
            10.3.3.3    India
            10.3.3.4    ASEAN
            10.3.3.5    Australia
            10.3.3.6    Others
    10.4    Latin America
        10.4.1    Historical Trend (2016-2020)
        10.4.2    Forecast Trend (2021-2026)
        10.4.3    Breakup by Country
            10.4.3.1    Brazil
            10.4.3.2    Argentina
            10.4.3.3    Mexico
            10.4.3.4    Others
    10.5    Middle East and Africa
        10.5.1    Historical Trend (2016-2020)
        10.5.2    Forecast Trend (2021-2026)
        10.5.3    Breakup by Country
            10.5.3.1    Saudi Arabia
            10.5.3.2    United Arab Emirates
            10.5.3.3    Nigeria
            10.5.3.4    South Africa
            10.5.3.5    Others
11    Market Dynamics
    11.1    SWOT Analysis
        11.1.1    Strengths
        11.1.2    Weaknesses
        11.1.3    Opportunities
        11.1.4    Threats
    11.2    Porter’s Five Forces Analysis
        11.2.1    Supplier’s Power
        11.2.2    Buyer’s Power
        11.2.3    Threat of New Entrants
        11.2.4    Degree of Rivalry
        11.2.5    Threat of Substitutes
    11.3    EMR’s Key Indicators for Demand
    11.4    EMR’s Key Indicators for Price
12    Value Chain Analysis
13    Manufacturing Process

    13.1    Detailed Process Flow
    13.2    Operations Involved
    13.3    Mass Balance
14    Project Requirement and Cost Analysis
    14.1    Land, Location, and Site Development
    14.2    Construction
    14.3    Plant Machinery
    14.4    Cost of Raw Material
    14.5    Packaging
    14.6    Transportation
    14.7    Utilities
    14.8    Manpower
    14.9    Other Capital Investment
15    Project Economics
    15.1    Capital Cost of the Project
    15.2    Techno-Economic Parameters
    15.3    Product Pricing and Margins Across Various Levels of the Supply Chain
    15.4    Taxation and Depreciation
    15.5    Income Projections
    15.6    Expenditure Projections
    15.7    Financial Analysis
    15.8    Profit Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Key Players 
    16.3    Company Profiles
        16.3.1    Barry Callebaut
            16.3.1.1    Company Overview
            16.3.1.2    Product Portfolio
            16.3.1.3    Demographic Reach and Achievements
            16.3.1.4    Certifications
        16.3.2    Cargill Inc.
            16.3.2.1    Company Overview
            16.3.2.2    Product Portfolio
            16.3.2.3    Demographic Reach and Achievements
            16.3.2.4    Certifications
        16.3.3    Nestlé S.A
            16.3.3.1    Company Overview
            16.3.3.2    Product Portfolio
            16.3.3.3    Demographic Reach and Achievements
            16.3.3.4    Certifications
        16.3.4    Mondel?z International
            16.3.4.1    Company Overview
            16.3.4.2    Product Portfolio
            16.3.4.3    Demographic Reach and Achievements
            16.3.4.4    Certifications
        16.3.5    Others
17    Industry Events and Developments

 

List of Figures and Tables

1.    Global Cocoa Market: Key Industry Highlights, 2016 and 2026
2.    Global Cocoa Historical Market: Breakup by Region (Million Tons), 2016-2020
3.    Global Cocoa Market Forecast: Breakup by Region (Million Tons), 2021-2026
4.    Global Cocoa Processing Market: Key Industry Highlights, 2016 and 2026
5.    Global Cocoa Processing Historical Market: Breakup by Bean Type (Million Tons), 2016-2020
6.    Global Cocoa Processing Market Forecast: Breakup by Bean Type (Million Tons), 2021-2026
7.    Global Cocoa Processing Historical Market: Breakup by Product Type (Million Tons), 2016-2020
8.    Global Cocoa Processing Market Forecast: Breakup by Product Type (Million Tons), 2021-2026
9.    Global Cocoa Processing Historical Market: Breakup by Application (Million Tons), 2016-2020
10.    Global Cocoa Processing Market Forecast: Breakup by Application (Million Tons), 2021-2026
11.    Global Cocoa Processing Historical Market: Breakup by Region (Million Tons), 2016-2020
12.    Global Cocoa Processing Market Forecast: Breakup by Region (Million Tons), 2021-2026
13.    North America Cocoa Processing Historical Market: Breakup by Country (Million Tons), 2016-2020
14.    North America Cocoa Processing Market Forecast: Breakup by Country (Million Tons), 2021-2026
15.    Europe Cocoa Processing Historical Market: Breakup by Country (Million Tons), 2016-2020
16.    Europe Cocoa Processing Market Forecast: Breakup by Country (Million Tons), 2021-2026
17.    Asia Pacific Cocoa Processing Historical Market: Breakup by Country (Million Tons), 2016-2020
18.    Asia Pacific Cocoa Processing Market Forecast: Breakup by Country (Million Tons), 2021-2026
19.    Latin America Cocoa Processing Historical Market: Breakup by Country (Million Tons), 2016-2020
20.    Latin America Cocoa Processing Market Forecast: Breakup by Country (Million Tons), 2021-2026
21.    Middle East and Africa Cocoa Processing Historical Market: Breakup by Country (Million Tons), 2016-2020
22.    Middle East and Africa Cocoa Processing Market Forecast: Breakup by Country (Million Tons), 2021-2026
23.    Global Cocoa Processing Market Structure

Key Questions Answered in the Report

The global cocoa processing market attained a volume of 4.46 million tons in 2020.

The global cocoa processing market is expected to grow at a CAGR of about 1.3% in the forecast period of 2021-2026.

The industry is expected to expand in the forecast period to reach volume of about 4.76 million tons by 2026.

The major drivers of the market, such as rising disposable incomes, increasing population, rising health consciousness among consumers, and the rising demand from the chocolate, bakery, and personal care industries.

In various supplements and drugs, they are also used as coating and flavouring agents. Thus, its rising application in the pharmaceutical industry acts as a major trend guiding the growth of the market.

North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa are the other major regions in the market.

The major bean types in the industry are forastero, criollo, and trinitario, among others.

The leading product types in the industry include cocoa butter, cocoa liquor, and cocoa powder.

The product finds wide applications in confectionery, bakery, beverages, and pharmaceuticals, among others.

The major players in the global cocoa processing market are Barry Callebaut, Cargill Inc., Nestlé S.A, and Mondel?z International, among others.

Analyst Review

The global cocoa processing market attained a volume of 4.46 million tons in 2020, driven by the growing demand from the application sectors. It is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 1.3%. Aided by the rising application in the chocolate industry, the market is likely to reach a volume of about 4.76 million tons by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of bean types, the global cocoa processing market is divided into forastero, criollo, and trinitario, among others. Based on the product types, the industry is divided into cocoa butter, cocoa liquor, and cocoa powder. By applications, the market is segmented into confectionery, bakery, beverages, and pharmaceuticals, among others. The major regional markets for the product are North America, Europe, Latin America, the Asia Pacific, and the Middle East and Africa. The key players in the above industry include Barry Callebaut, Cargill Inc., Nestlé S.A, and Mondel?z International, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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