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Global Cocoa Products Market: By Product; By Application: Confectionery, Food and Beverages, Cosmetics, Pharmaceutical, Others; Regional Analysis; Historical Market and Forecast (2016-2026); SWOT Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments

Global Cocoa Products Market Outlook

The global cocoa products market stood at a value of USD 27.5 billion in 2020 and is further projected to grow at a CAGR of 6% during the forecast period of 2021-2026 to reach a value of USD 39 billion by 2026.

 

Global Cocoa Products Market

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The cocoa beans segment, among its other product-types, represented the largest share in the market in 2020 and is further anticipated to dominate the market between 2021 and 2026.

 

Properties and Applications

Cocoa can be obtained from the seed processing of cocoa tree. Many products are made from cocoa seeds like cocoa butter, liquor, or powder. The cocoa products market can be divided on the basis of segments like product and application.

The market, based on its product-type, can be divided into cocoa beans, cocoa powder and cake, cocoa butter, cocoa paste and liquor, and chocolate. While cocoa powder is mainly used in the production of chocolate and baked goods, cocoa paste is used in the production of desserts. Cocoa butter is widely used to produce skincare products in the pharmaceutical and cosmetic sectors. The liquor form of cocoa can be used as a separate product or it can be blended to create confectioneries with other products.

 

Global Cocoa Products Market By Application

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The industry can be broadly categorised on the basis of its application into:

  • Confectionery
  • Food and Beverages
  • Cosmetics
  • Pharmaceutical
  • Others

The EMR report looks into the regional cocoa products markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Cocoa Products Market By Region

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Market Analysis

The increasing awareness regarding the various health advantages of cocoa-based products is driving the growth of the global cocoa products industry. The health advantages include reduced hypertension, reduced syndrome of chronic fatigue, and sunburn protection. Cocoa is rich in polyphenols that help in the protection of the tissues of the body from oxidative stress and related pathologies like cancers and inflammation. These factors are driving the development of the market for cocoa products. The rising demand for chocolate and chocolate-based items such as dairy chocolate, sweet chocolate, and dark chocolate, along with aggressive brand-recognition campaigns by the producers, are driving the cocoa products market further. High prices and limited cocoa manufacturing plants, however, may hinder the cocoa products market growth.

 

Competitive Landscape

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

  • The Barry Callebaut Group
  • The Hershey Company (NYSE: HSY)
  • Cargill Incorporated
  • Fuji Oil Co., Ltd.
  • United Cocoa Processor 
  • Jindal Cocoa

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.

 

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- Product, Application, Region
Breakup by Product Cocoa Beans, Cocoa Butter, Cocoa Powder and Cake, Cocoa Paste and Liquor, Chocolate
Breakup by Application Confectionery, Food and Beverages, Cosmetics, Pharmaceutical, 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
Trade Data Analysis Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered The Barry Callebaut Group, The Hershey Company, HSY (NYSE), Cargill Incorporated, Fuji Oil Co., Ltd., United Cocoa Processor, Jindal Cocoa
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
    1.1    Objectives of the Study
    1.2    Key findings of the Study
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Inference Data
3    Executive Summary
    3.1    Market Overview
    3.2    Market Analysis
4    Global Cocoa Products Market 
    4.1    Global Cocoa Products Market (2016-2020) & Forecast (2021-2026)
    4.2    Global Cocoa Products Market Breakup by Product
        4.2.1    Cocoa Beans
        4.2.2    Cocoa Butter
        4.2.3    Cocoa Powder and Cake
        4.2.4    Cocoa Paste and Liquor
        4.2.5    Chocolate
    4.3    Global Cocoa Products Market Breakup by Product: Historical Market (2016-2020) & Forecast (2021-2026)
        4.3.1    Cocoa Beans
        4.3.2    Cocoa Butter
        4.3.3    Cocoa Powder and Cake
        4.3.4    Cocoa Paste and Liquor
        4.3.5    Chocolate
    4.4    Global Cocoa Products Market Breakup by Application
        4.4.1    Confectionery
        4.4.2    Food and Beverages
        4.4.3    Cosmetics
        4.4.4    Pharmaceutical
        4.4.5    Others
    4.5    Global Cocoa Products Market Breakup by Application: Historical Market (2016-2020) & Forecast (2021-2026)
        4.5.1    Confectionery
        4.5.2    Food and Beverages
        4.5.3    Cosmetics
        4.5.4    Pharmaceutical
        4.5.5    Others
    4.6    Global Cocoa Products Market Breakup by Region
        4.6.1    North America
            4.6.1.1    United States of America
            4.6.1.2    Canada
        4.6.2    Europe
            4.6.2.1    Germany
            4.6.2.2    United Kingdom
            4.6.2.3    France
            4.6.2.4    Italy
            4.6.2.5    Others
        4.6.3    Asia Pacific
            4.6.3.1    China
            4.6.3.2    Japan
            4.6.3.3    India
            4.6.3.4    ASEAN
            4.6.3.5    Others
        4.6.4    Latin America
            4.6.4.1    Brazil
            4.6.4.2    Argentina
            4.6.4.3    Mexico
            4.6.4.4   Others
        4.6.5    Middle East & Africa
            4.6.5.1    Saudi Arabia
            4.6.5.2    United Arab Emirates
            4.6.5.3    Nigeria
            4.6.5.4    South Africa
            4.6.5.5    Others
    4.7     Global Cocoa Products Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
        4.7.1    North America
            4.7.1.1    United States of America
            4.7.1.2    Canada
        4.7.2    Europe
            4.7.2.1    Germany
            4.7.2.2    United Kingdom
            4.7.2.3    France
            4.7.2.4    Italy
            4.7.2.5    Others
        4.7.3    Asia Pacific
            4.7.3.1    China
            4.7.3.2    Japan
            4.7.3.3    India
            4.7.3.4    ASEAN
            4.7.3.5    Others
        4.7.4    Latin America
            4.7.4.1    Brazil
            4.7.4.2    Argentina
            4.7.4.3    Mexico
            4.7.4.4   Others
        4.7.5    Middle East & Africa
            4.7.5.1    Saudi Arabia
            4.7.5.2    United Arab Emirates
            4.7.5.3    Nigeria
            4.7.5.4    South Africa
            4.7.5.5    Others
5    SWOT Analysis
    5.1    Overview
    5.2    Strengths
    5.3    Weaknesses
    5.4    Opportunities
    5.5    Threats
6    Porter’s Five Forces Analysis
    6.1    Overview
    6.2    Buyer’s Power
    6.3    Supplier’s Power
    6.4    New Entrants
    6.5    Degree of Rivalry
7    Key Players & Company Profile Analysis
    7.1    The Barry Callebaut Group
    7.2    The Hershey Company, HSY (NYSE)
    7.3    Cargill Incorporated
    7.4    Fuji Oil Co., Ltd.
    7.5    United Cocoa Processor 
    7.6    Jindal Cocoa
8    Industry Events and Developments

Additional Customisations Available:

1    Trade Data Analysis
    1.1    Major Exporting Countries: By Value and Volume
    1.2    Major Importing Countries: By Value and Volume
2   Manufacturing Process
    2.1    Detailed Process Flow
    2.2    Operations Involved
    2.3    Mass Balance
3    Cost Analysis and Project Economics
    3.1    Land, Location and Site Development
    3.2    Construction
    3.3    Plant Machinery
    3.4    Cost of Raw Material
    3.5    Packaging
    3.6    Transportation
    3.7    Utilities
    3.8    Manpower
    3.9    Other Capital Investment

Key Questions Answered in the Report

In 2020, the global cocoa products market attained a value of nearly USD 27.5 billion.

The market is projected to grow at a CAGR of 6% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach USD 39 billion by 2026.

The major industry drivers are rising food and beverage industry, growing demand from the bakery industry, and the increasing awareness regarding the various health advantages of cocoa-based products.

The key trends in the market include the aggressive brand-recognition campaigns by the producers.

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

Cocoa beans are the dominant type in the industry.

The application sectors can be divided into confectionery, food and beverages, cosmetics, and pharmaceutical, among others, where the confectionary sector is leading the market.

The major players in the industry are The Barry Callebaut Group, The Hershey Company (NYSE: HSY), Cargill Incorporated, Fuji Oil Co., Ltd., United Cocoa Processor, and Jindal Cocoa.

Analyst Review

The global cocoa products market attained a value of USD 27.5 billion in 2020, driven by the increasing awareness regarding the various health advantages of cocoa-based products. Aided by the aggressive brand-recognition campaigns by the producers, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 6%. The market is projected to reach USD 39 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its product types, the cocoa products industry can be segmented cocoa beans, cocoa powder and cake, cocoa butter, cocoa paste and liquor, and chocolate, among others, with cocoa beans accounting for the largest market share. On the basis of applications, the confectionary sector accounts for the leading share in the industry. The major regional markets for cocoa products are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include The Barry Callebaut Group, The Hershey Company (NYSE: HSY), Cargill Incorporated, Fuji Oil Co., Ltd., United Cocoa Processor, and Jindal Cocoa.

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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