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GLOBAL COCOA MARKET FORECAST 2021-2028

GLOBAL COCOA MARKET FORECAST 2021-2028

  • Publish Date:September 2021

  • Number of Pages:201

  • Report ID:6150754

  • Format:PDF

  • Publisher:Inkwood Research

$ 2500

Summary

KEY FINDINGS
The global cocoa market is projected to register a CAGR of 3.94% during the forecast period, 2021-2028. The primary factors propelling the market growth include the growing demand for chocolates and the health benefits of cocoa.

MARKET INSIGHTS
Cocoa is the basis of chocolate.It is a highly concentrated powder made from chocolate liquor, a paste made from cocoa beans.

It is used as a flavoring ingredient in beverages, and is the central ingredient in chocolate confections and chocolates.
The increasing consumption of chocolates worldwide contributes to the growing demand for cocoa.The Americas and Europe were the earlier consumers of chocolate, attributed to their culture and traditions.

However, in recent years, emerging economies in Asia-Pacific have witnessed a rise in the consumption of cocoa products.In addition, countries like India and China have a dense population, which increases demand and consumption.

Also, advertising strategies and social media influence impact people’s buying decisions. As a result, chocolate is considered a healthy treat for all ages, thus defying stereotypes.
Furthermore, restaurants and bakery shops are seeing an increase in the number of consumers.Also, the growing disposable incomes, particularly in middle-class households, benefit market growth.

Such factors lead to increased preference for high quality chocolates.Additionally, the premium quality and dark chocolates have high cocoa content.

These are also considered an ideal gifting option.Such factors enable market growth.

However, price fluctuations and low productivity hamper the market growth.

REGIONAL INSIGHTS
The geographical analysis of the global cocoa market includes the assessment of Europe, North America, Asia-Pacific, and Rest of World. Europe is the dominating region in the global market, with a diverse cocoa market offering growth opportunities for specialty and mainstream cocoa.

COMPETITIVE INSIGHTS
The intensive competitive rivalry is signified by enhanced retail distribution, rising R&D, and strong market penetration. Natra SA, Barry Callebaut AG, Olam International Ltd, Nestle SA, Puratos Group, etc., are among the major companies in the market.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Companies mentioned
1. ARCHER DANIELS MIDLAND (ADM)
2. BARRY CALLEBAUT AG
3. BLOOMER CHOCOLATE COMPANY
4. CARGILL INCORPORATED
5. FERRERO GROUP
6. GUAN CHONG BERHAD
7. LINDT & SPRÜNGLI AG
8. MEIJI HOLDINGS CO LTD
9. MONDELEZ INTERNATIONAL INC
10. NATRA SA
11. NESTLE SA
12. OLAM INTERNATIONAL LTD
13. PURATOS GROUP
14. THE HERSHEY COMPANY
15. TOUTON SA

Table of contents

1. RESEARCH SCOPE & METHODOLOGY
1.1. STUDY OBJECTIVES
1.2. SCOPE OF STUDY
1.3. METHODOLOGY
1.4. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY
2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW

3. MARKET DYNAMICS
3.1. KEY DRIVERS
3.1.1. RISE IN DEMAND FOR CHOCOLATE
3.1.2. HEALTH BENEFITS OF COCOA
3.2. KEY RESTRAINTS
3.2.1. LOW PRODUCTIVITY
3.2.2. PRICE FLUCTUATIONS OF COCOA

4. KEY ANALYTICS
4.1. IMPACT OF COVID-19 ON COCOA MARKET
4.2. KEY MARKET TRENDS
4.3. PORTER'S FIVE FORCES ANALYSIS
4.3.1. BUYERS POWER
4.3.2. SUPPLIERS POWER
4.3.3. SUBSTITUTION
4.3.4. NEW ENTRANTS
4.3.5. INDUSTRY RIVALRY
4.4. OPPORTUNITY MATRIX
4.5. VENDOR LANDSCAPE
4.6. VALUE CHAIN ANALYSIS
4.6.1. PRODUCTION
4.6.2. TRANSPORTATION
4.6.3. TRADERS AND GRINDERS
4.6.4. CONSUMER PRODUCT MANUFACTURERS
4.6.5. RETAIL

5. MARKET BY PROCESS
5.1. DUTCH-PROCESS
5.2. NATURAL PROCESS

6. MARKET BY QUALITY
6.1. BULK
6.2. SPECIALTY
6.3. FINE FLAVOR

7. MARKET BY PRODUCT
7.1. COCOA LIQUOR
7.2. COCOA POWDER
7.3. COCOA BUTTER

8. MARKET BY TYPE
8.1. CONVENTIONAL
8.2. ORGANIC

9. MARKET BY APPLICATION
9.1. CONFECTIONARY
9.2. FOOD & BEVERAGE
9.3. BAKERY
9.4. OTHER APPLICATIONS

10. GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1. MARKET SIZE & ESTIMATES
10.1.2. KEY GROWTH ENABLERS
10.1.3. KEY CHALLENGES
10.1.4. KEY PLAYERS
10.1.5. COUNTRY ANALYSIS
10.1.5.1. UNITED STATES
10.1.5.2. CANADA
10.2. EUROPE
10.2.1. MARKET SIZE & ESTIMATES
10.2.2. KEY GROWTH ENABLERS
10.2.3. KEY CHALLENGES
10.2.4. KEY PLAYERS
10.2.5. COUNTRY ANALYSIS
10.2.5.1. UNITED KINGDOM
10.2.5.2. GERMANY
10.2.5.3. FRANCE
10.2.5.4. ITALY
10.2.5.5. SWITZERLAND
10.2.5.6. POLAND
10.2.5.7. NETHERLANDS
10.2.5.8. REST OF EUROPE
10.3. ASIA-PACIFIC
10.3.1. MARKET SIZE & ESTIMATES
10.3.2. KEY GROWTH ENABLERS
10.3.3. KEY CHALLENGES
10.3.4. KEY PLAYERS
10.3.5. COUNTRY ANALYSIS
10.3.5.1. CHINA
10.3.5.2. JAPAN
10.3.5.3. INDIA
10.3.5.4. SOUTH KOREA
10.3.5.5. INDONESIA
10.3.5.6. MALAYSIA
10.3.5.7. SINGAPORE
10.3.5.8. AUSTRALIA & NEW ZEALAND
10.3.5.9. REST OF ASIA-PACIFIC
10.4. REST OF WORLD
10.4.1. MARKET SIZE & ESTIMATES
10.4.2. KEY GROWTH ENABLERS
10.4.3. KEY CHALLENGES
10.4.4. KEY PLAYERS
10.4.5. COUNTRY ANALYSIS
10.4.5.1. LATIN AMERICA
10.4.5.2. MIDDLE EAST & AFRICA

11. COMPETITIVE LANDSCAPE
11.1. KEY STRATEGIC DEVELOPMENTS
11.1.1. MERGERS & ACQUISITIONS
11.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
11.1.3. PARTNERSHIPS & AGREEMENTS
11.1.4. BUSINESS EXPANSIONS & DIVESTITURES
11.2. COMPANY PROFILES
11.2.1. ARCHER DANIELS MIDLAND (ADM)
11.2.2. BARRY CALLEBAUT AG
11.2.3. BLOOMER CHOCOLATE COMPANY
11.2.4. CARGILL INCORPORATED
11.2.5. FERRERO GROUP
11.2.6. GUAN CHONG BERHAD
11.2.7. LINDT & SPRÜNGLI AG
11.2.8. MEIJI HOLDINGS CO LTD
11.2.9. MONDELEZ INTERNATIONAL INC
11.2.10. NATRA SA
11.2.11. NESTLE SA
11.2.12. OLAM INTERNATIONAL LTD
11.2.13. PURATOS GROUP
11.2.14. THE HERSHEY COMPANY
11.2.15. TOUTON SA

Methodology

Our market research methodology is designed to provide the clients with comprehensive and accurate information on various industries and markets. It includes data collection, primary interviews, macro-economic factor analysis, country-level data analysis etc.

The data is gathered from a wide range of sources, including industry reports, government statistics, and company financials. This data is then analyzed and cross-referenced to ensure its accuracy and reliability. Next, primary interviews are conducted with industry experts and key stakeholders to gather their insights and perspectives on the market. This information is then combined with the data collected to provide a complete picture of the market. Macro-economic factor analysis is also carried out to understand the impact of external factors on the market. Finally, country-level data analysis is performed to understand the market dynamics in specific regions and countries.

Reportlinker's market research methodology is designed to provide clients with a clear understanding of the market, its trends, and its future potential.