Global Cocoa Market Is Grow at a CAGR of 2.0% and Expected to Reach USD 15.98 Billion by 2025 from USD 13.89 Billion in 2018
Lewes, DE -- (SBWire) -- 06/03/2019 --A cocoa processing plant transforms cocoa beans into three main components: cocoa liquor and cocoa butter and cocoa powder. These components can be used to make different products. Cocoa butter, cocoa liquor, and cocoa powder are some of the major ingredients used to manufacture chocolates. The favorable characteristics of cocoa butter (melting point and contraction) provide a melt-in-the mouth sensation and easy removal of chocolates from the molds.
Cocoa industry is highly mature. Currently, there are many producing companies in the Cocoa & Chocolate industry. The main players are Barry Callebaut, Cargill, Nestle SA, Mars and Hershey. The market can be broadly categorized as open market and captive market. Barry Callebaut is the market leader in open market while for captive market the market is dominated by Nestle SA, Mars and Hershey.
In consumption market, the global consumption value of Cocoa increases with the 2.15% average growth rate from 2014-2018. Europe is the mainly consumption region due to the bigger demand of downstream applications. Europe occupied 54.57% of the global consumption volume in total in 2018.
The global Cocoa market is valued at 13890 million US$ in 2018 and will reach 15980 million US$ by the end of 2025, growing at a CAGR of 2.0% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Cocoa market based on company, product type, end user and key regions.
This report studies the global market size of Cocoa in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Cocoa in these regions.
This research report categorizes the global Cocoa market by top players/brands, region, type and end user. This report also studies the global Cocoa market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Barry Callebaut
Cargill
Nestle SA
Mars
Hershey
Blommer (FUJI OIL)
Olam
Puratos
Cémoi
Irca
Foley's Candies LP
NATRA
Kerry Group
Valrhona
Guittard
Ferrero
Ghirardelli
Alpezzi Cocoa & Chocolate
Republica del Cacao
TCHO
Cocoa market size by Type
Cocoa Liquor
Cocoa Butter
Cocoa Powder
Cocoa market size by Applications
Confectionery
Food and Beverage
Cosmetics
Others
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
India
Australia
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
Turkey
GCC Countries
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Cocoa market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Cocoa market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Cocoa companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Cocoa submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Cocoa are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Cocoa market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
Spanning over 120 pages "Global Cocoa Market Insights, Forecast to 2025" report covers Study Coverage, Executive Summary, Breakdown Data by Manufacturers, Breakdown Data by Type, Breakdown Data by Application, Company Profiles, Future Forecast, Market Opportunities, Challenges, Risks and Influences Factors Analysis, Value Chain and Sales Channels Analysis, Research Findings and Conclusion, Appendix.
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