The “cocoa market” Share is set to witness immense growth during the forecast period 2021-2027. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufacturers/players/vendor’s analysis, segments & sub-segments, and forecast. The report also focuses on market drivers, challenges (current and future), revenue growth, future roadmap, standardization, deployment models, and forecast analysis The global cocoa market size was valued at $12,874.0 million in 2019, and is estimated to reach $15,501.1 million by 2027, registering a CAGR of 4.3% from 2021 to 2027.
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Major Cocoa Market Manufacturers covered in the market report include:
Blommer Chocolate company
GUAN CHONG COCOA MANUFACTURER SDN. BHD.
OLAM INTERNATIONAL LIMITED
THE HERSHEY COMPANY
United Cocoa Processor Inc.
VJ Jindal Cocoa Private Limited
Key Drivers & Trends
The cocoa or cocoa bean is the seed of the Theobroma cacao (cacao tree), a tropical plant originally belonging to the equatorial regions of Americas. Cocoa is the dried and fermented seed of cacao tree from which cocoa liquor is produced. From this cocoa liquor, cocoa butter and cocoa powder is produced. Cocoa liquor is the main raw material for manufacturing chocolates. The cocoa products such as cocoa liquor, cocoa butter, and cocoa powder are widely used for making confections, used as flavoring in beverages, used as toppings in different foods, and used as fillings in bakery. The cocoa is also used in cosmetics, healthcare, pharmaceuticals and nutraceuticals industry as flavoring and coloring agents. Cocoa is also used to manufacture toiletries because of its aroma and flavor. The wide and growing application of cocoa in different industries is one of the significant factors responsible for propelling the global cocoa market during the forecast period.
Cocoa Market Report Highlights
- Market Size: Accurate market size and CAGR forecasts
- Market Penetration: Thorough information on the product portfolios of the top players in the Global Cocoa Market. The report analyzes the market based on Product
- Product Development/Innovation: Comprehensive insights on upcoming products, research and development activities, and product launches in the Global Cocoa Market
- Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various types of Global Cocoa Market.
- Market Diversification: Exhaustive information about products, untapped regions, recent developments, and investments in market
- Competitive Assessment: In-depth assessment of leading players operating global Coronavirus Diagnostic Market are provided to understand the global competitive scenario.\
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