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Cocoa Market Growth 2019-2024

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akshay dalvi

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.

 

 

 

According to this study, over the next five years the Cocoa market will register a 2.1% CAGR in terms of revenue, the global market size will reach US$ 15080 million by 2024, from US$ 13580 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Cocoa business, shared in Chapter 3.

 

This report presents a comprehensive overview, market shares, and growth opportunities of Cocoa market by product type, application, key manufacturers and key regions and countries.

 

This study considers the Cocoa value and volume generated from the sales of the following segments:

 

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

 

  • Cocoa Liquor
  • Cocoa Butter
  • Cocoa Powder

 

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

 

  • Confectionery
  • Food and Beverage
  • Cosmetics
  • Others

 

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

 

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Spain
  • Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

 

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

 

  • Barry Callebaut
  • Cargill
  • Nestle SA
  • Mars
  • Hershey
  • Blommer (FUJI OIL)
  • Olam
  • Puratos
  • C?moi
  • Irca
  • Foley's Candies LP
  • NATRA
  • Kerry Group
  • Valrhona
  • Guittard
  • Ferrero
  • Ghirardelli
  • Alpezzi Cocoa & Chocolate
  • Republica del Cacao
  • TCHO

 

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

 

Research objectives

 


Table of content


2019-2024 Global Cocoa Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Cocoa Consumption 2014-2024
2.1.2 Cocoa Consumption CAGR by Region
2.2 Cocoa Segment by Type
2.2.1 Cocoa Liquor
2.2.2 Cocoa Butter
2.2.3 Cocoa Powder
2.3 Cocoa Consumption by Type
2.3.1 Global Cocoa Consumption Market Share by Type (2014-2019)
2.3.2 Global Cocoa Revenue and Market Share by Type (2014-2019)
2.3.3 Global Cocoa Sale Price by Type (2014-2019)
2.4 Cocoa Segment by Application
2.4.1 Confectionery
2.4.2 Food and Beverage
2.4.3 Cosmetics
2.4.4 Others
2.5 Cocoa Consumption by Application
2.5.1 Global Cocoa Consumption Market Share by Application (2014-2019)
2.5.2 Global Cocoa Value and Market Share by Application (2014-2019)
2.5.3 Global Cocoa Sale Price by Application (2014-2019)

3 Global Cocoa by Manufacturers
3.1 Global Cocoa Sales Market Share by Manufacturers
3.1.1 Global Cocoa Sales by Manufacturers (2017-2019)
3.1.2 Global Cocoa Sales Market Share by Manufacturers (2017-2019)
3.2 Global Cocoa Revenue Market Share by Manufacturers
3.2.1

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