Scope of the Study
Cocoa products are made from cleaned, dried, cured, and cracked cacao beans. Cocoa is a rich source of polyphenols that provide numerous health benefits such as control blood sugar level, blood pressure, cholesterol, and others. The cocoa products market has high growth prospects owing to increasing application in the pharmaceutical and confectionary industry. In addition, rising demand for the chocolate products and increasing demand from the developing economies expected to drive the demand for cocoa products over the forecasted periods.
The market study is being classified by Type (Cocoa Powder, Cocoa Paste, Cocoa Butter, Cocoa Beans and Others ), by Application (Confectionery, Food & Beverages, Cosmetics and Pharmaceutical) and major geographies with country level break-up.
Cargill (United States), Ciranda (United States), FUJI OIL CO. LTD. (Japan), Guan Chong Berhad (Malaysia), Puratos Group (Belgium), The Hershey Company (United States), Touton S.A (France), Tradin Organic (Netherland) and United Cocoa Processor (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Kraft Foods Inc. (United States), Petra Foods Limited (Singapore), Belcolade NV (Belgium) and Dutch Cocoa B.V (Netherland).
Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Cocoa Products market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Cocoa Products market by Type, Application and Region.
On the basis of geography, the market of Cocoa Products has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online Retail will boost the Cocoa Products market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Demand of Cocoa Products from the Confectionery Industry
- Increasing Awareness about Benefits of Cocoa Products for Cardiovascular Disorders
- Increasing Use of Cocoa Products in the Chocolates
- Rising Application in the Pharmaceutical Industry
- High Sugar-Content in Cocoa Products
- Fluctuating Prizes Of Cocoa Beans
- Increasing Demand of the Chocolate Coatings and Chocolate Products
- Rising Demand from the Developing Economies
- Lack of Awareness in the Emerging Economies
“According to the Food and Drug Administration, The cacao nibs, or the cacao beans from which cocoa products are prepared, are processed by heating with one or more of the optional alkali ingredients such as alkali ingredients which includes ammonium, potassium, or sodium bicarbonate, carbonate, or hydroxide, or magnesium carbonate or oxide and neutralizing agents which includes phosphoric acid, citric acid, and l -tartaric acid.”
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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