Cocoa Market - What will be the key strategies adopted by manufacturers to win over competition and maintain a sustainable growth trajectory
Rising popularity of cocoa based products such as cocoa drinks, chocolate, cocoa butter and cocoa liquor is boosting the growth of the global cocoa market. Over the recent years, demand for cocoa products, especially chocolate has surged in emerging countries such as India and China. Moreover, introduction of cocoa based health drinks and a range of new chocolate confectionary items is also driving the global consumption of cocoa. On the other hand, high cost of production and inadequate supply of cocoa are posing a major challenge to the market.Request Sample Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=44
Weather plays a key part in determining the quality and quantity of cocoa beans that are cultivated each year, hence unfavorable weather conditions can lead to low yield, which remains a major concern for the overall cocoa market. Fact.MR’s recently published report reveals that the global market for cocoa will register a moderate CAGR of 3.3% between 2017 and 2022 to reach a valuation of US$ 40,206.9 Mn. For the last decade or so, a large number of consumers particularly in Westerns countries are opting for healthier alternatives over chocolate, many of them even quitting chocolate completely. This, in turn, is compelling manufacturers to replace chocolate with healthier ingredients in their indulgent products.
Browse Full Report @ https://www.factmr.com/report/44/cocoa-market
Following excerpts from Fact.MR’s global cocoa market forecast will be ardent to the market’s future prospects
Cocoa liquor will continue to be the top selling cocoa product throughout the forecast period. In terms of revenue, cocoa liquor will account for over 44% share of the market by the end of 2017. Meanwhile, demand for cocoa powder is also likely to increase at significant pace over 2022.
Confectionary remains the largest application segment of the global cocoa market and is expected to account for over 28% revenue share of the market. Towards the end of assessment period, this segment is expected to reach a market valuation of US$ 10,423.9 Mn in 2022. Apart from food and beverage, cocoa also finds application in the cosmetic and pharmaceutical product.
In terms of revenue, Europe currently leads the global market for cocoa, and the trend is likely to continue throughout the forecast period. The region is expected to remain one of the most attractive market for cocoa products in 2017 and beyond. During the same period, North America in projected to retain its second spot in the global cocoa market.
You can Buy This Report from Here @ https://www.factmr.com/checkout/44/S
Competition Tracking
Some of the leading companies operating in the global market for cocoa include Barry Callebaut, Nestlé S.A, The Cocoa Processing Company Limited, ADM, Cemoi, Puratos Group, Mars, Inc., Bloomer Chocolate, Cargill, Inc. and United Cocoa Processor, Inc. Many of these players are emphasizing on product innovation and trying to develop low calorie and low fact cocoa products. Companies have ramped up their investments in scientific research programs dedicated to development of healthier food items.
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: www.factmr.com/
Read Industrial News : https://theswisstimes.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cocoa Market - What will be the key strategies adopted by manufacturers to win over competition and maintain a sustainable growth trajectory here
News-ID: 1751730 • Views: …
More Releases from Fact.MR
Chromatography Syringes Market to Experience Notable Growth by 2032
The market research and competitive intelligence company Fact.MR recently released a report estimating that sales of Chromatography Syringes would reach a valuation of US$ 140 million by 2032, growing at a compound annual growth rate (CAGR) of roughly 6% between 2022 and 2032.
Developments in chromatography syringe design and calibration, such as digitalization leading to appropriate sample pooling, are improving the performance of chromatography columns. These advancements offer benefits such faster…
Sacroiliac Joint Fusion Market: An Overview of the Forecasted CAGR of 20.2% from …
It is projected that the worldwide market for Sacroiliac Joint Fusion would be valued US$ 3,900 million by 2032, up from US$ 620 million in 2022. The market is anticipated to expand at a CAGR of 20.2% between 2022 and 2032. the rapid technological advancement in the healthcare industry and the growing demand for minimally invasive surgical treatments are responsible for the market's progress. orthopedic doctors at Yale Medicine frequently…
Cruelty-Free Makeup Market Projected to Witness a Growth of US$ 12.55 Billion by …
The global Cruelty-Free Makeup Market is expected to grow substantially from US$ 6.26 billion in 2023 to US$ 12.55 billion by the end of 2033. This extensive report expects a 7.2% increase in global demand from 2023 to 2033, with premium makeup items accounting for 64% of the market.
The study looks at how increased knowledge of the terrible processes that animals go through during cosmetic testing is driving the growing…
Snowboard Equipment Market is Expected to reach US$ 455 Million by 2033
The global snowboard equipment market is expected to grow at a 3.9% CAGR over the next decade, reaching $455 million by the end of 2033.
Snowboard equipment is specifically intended for the sport of snowboarding and includes a snowboard, bindings, boots, outerwear, and protective equipment. What distinguishes snowboard equipment from alternatives is its versatility, which makes it easier for beginners to learn while also providing greater control and manoeuvrability on snowy…
More Releases for Cocoa
Cocoa Beans Industry to Perceive Substantial Growth during 2031 | Cacao Bahia, D …
The latest research report on the Global Cocoa Beans Industry for the forecast period, 2021-2031 is involved in screening the business environment and the companies operating in the Cocoa Beans industry. Importantly, the research sheds a lot of light on their successful strategies to help stakeholders, business owners, and field marketing executives stay ahead in the competition. Besides, the industry is thoroughly weighed based on the total revenue generated as…
Cocoa Derivatives Market - Key Players, Size, Trends, Growth Opportunities, Anal …
This detailed market study covers cocoa derivatives market growth potentials which can assist the stake holders to understand key trends and prospects in cocoa derivatives market identifying the growth opportunities and competitive scenarios. The report also focuses on data from different primary and secondary sources, and is analyzed using various tools. It helps to gain insights into the market's growth potential, which can help investors identify scope and opportunities. The…
Cocoa Fiber Market to Witness Huge Growth by 2026 - Cargill, Jindal Cocoa, Carly …
A new research study has been presented by Industrygrowthinsights.com offering a comprehensive analysis on the Global Cocoa Fiber Market where user can benefit from the complete market research report with all the required useful information about this market. The report discusses all major market aspects with expert opinion on current market status along with historic data. This market report is a detailed study on the growth, investment opportunities, market statistics,…
Cocoa Powder Market by Product Type - Black Cocoa, Double-Dutch Cocoa Blend, Tri …
Increasing production of confectionery syrup and chocolates will continue to drive demand of cocoa powder globally. As increasing consumption of the cocoa powder benefits the cardiovascular health, demand for cocoa powder for the production of various food products is expected to remain high. However, concerns about the side effects of consuming cocoa can lead to a decline in sales during the forecast period. According to the report, food & beverage…
Organic Cocoa Market Is Thriving Worldwide | Cargill, Olam, Barry Callebaut, Sun …
HTF MI recently introduced Global Organic Cocoa Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Cargill, Olam, Barry Callebaut, SunOpta, BT Cocoa, BT Cocoa & Ciranda…
Cocoa Powder Market Research Report by Product Type - Black Cocoa, Double-Dutch …
The rapidly expanding cocoa powder market is the focus of a new report added to the market intelligence repository of Fact.MR. This 170-page broad study is headlined as “Cocoa Powder Market Research Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2026” which noticeably examines the prospects of the global cocoa powder industry till the end of 2022, using the market’s development trajectory in the recent past as the…