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. During 2014-2018, the global cocoa grinding grew at a CAGR of around 1%. As cocoa butter and cocoa 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 cocoa market. This report by Expert Market Research entitled “Cocoa Processing Market Report and Forecast 2019-2024” provides a comprehensive analysis for anyone who plans to foray into the cocoa processing industry.
Historical market trends for the cocoa processing industry have been provided from 2014-2018 and forecasts have been presented till 2024. On a regional level, the report has segmented the global cocoa processing market into the following regions – North America, South America, Asia-Pacific, Europe and Africa. Currently, Africa represents the largest producer of Cocoa while Europe is the largest cocoa grinding market. Within Europe, Netherlands and Germany represent the biggest markets. On the basis of product type, the global cocoa processing market has been bifurcated into cocoa powder and cocoa butter. For each of the cocoa processing types, the report has provided both historical and future market trends. Additionally, the report has analyzed the market on the basis of end-use. Currently, the global chocolate industry represents the biggest end use market of cocoa.
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 analyzing 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. Some of the key players in this market include Barry Callebaut, Cargil, ADM, Blommer, Mondelez, Guan Chong and Nestle.
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.
The following are the key questions answered by this report:
- What are the market trends for the global cocoa processing market?
- Which are the biggest markets (regions) for processed cocoa products?
- What are the major types of processed cocoa products?
- What are the key application areas for processed cocoa products?
- Who are the key manufacturers in the cocoa processing market?
- What are the land and construction requirements to start a cocoa processing plant?
- What are the machinery requirements to start a cocoa processing plant?
- How are cocoa processing products priced? What are the profit margins at various stages of the supply chain?
- What is the total capital investment required to start a cocoa processing plant?
- What are the running costs of a cocoa processing plant?
- How much revenue can a cocoa processing plant generate?
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the cocoa processing industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complimented 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.