Cocoa Industry | Processing Plant | Market to Reach US$ 15.9 Billion by 2028

The global cocoa processing market size reached US$ 15.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 15.9 Billion by 2028.

Cocoa processing refers to the methods used to process raw cocoa beans into multiple semi-finished products, such as cocoa powders, butter, liquor, etc. They involve various steps, such as fermentation, drying, roasting, aging, winnowing, and others.

The products obtained from cocoa processing are a rich source of copper and magnesium and help to enhance protein synthesis, glucose metabolism, energy production, etc. They are even utilized as a main ingredient in the preparation of multiple food products, which include ice cream, flavored milk, chocolate biscuits, etc. As a result, cocoa processing techniques find widespread applications across several sectors, including cosmetics, food and beverage (F&B), pharmaceuticals, etc.

Download a free sample report to get a detailed overview of the report: https://www.imarcgroup.com/cocoa-processing-plant/requestsample

Cocoa Processing Industry Trends:

The growing prevalence of obesity, diabetes, and other lifestyle ailments, the shifting consumer preferences toward adequate food products that will improve the overall health of blood vessels and lower weight while delivering essential nutrients, and the elevating awareness among the masses about the diverse benefits of cocoa-based products are primarily driving the cocoa processing market.

Additionally, the expanding inclination on ready-to-eat food products and the increasing use of cocoa flour in processed meat items for preventing them from drying out while cooking are acting as significant growth-inducing factors. Apart from this, the escalating product adoption as a flavoring and coating agent in medicines and supplements, owing to their antioxidant, anti-aging, and anti-inflammatory properties, is also positively influencing the market growth. Moreover, the rising use of cocoa butter to produce soaps, moisturizers, and other cosmetic products is anticipated to bolster the cocoa processing market in the coming years.

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The report cover the below key market segments:

Breakup by Bean Type:

Forastero
Criollo
Trinitario

Breakup by Product Type:

Cocoa Butter
Cocoa Liquor
Cocoa Powder

Breakup by Application:

Confectionary
Bakery
Beverages
Pharmaceuticals
Others

Breakup by Region:

Europe
Africa
North America
Latin America
Asia Pacific

Competitive Scenario with Key Players:

The competitive landscape of the market has also been analyzed, with some of the key players being
Cocoa Touton Processing Company Limited, Transmar Group, Guan Chong Bhd., Ecom Agroindustrial Corp. Limited, Nestlé SA, Barry Callebaut Group, Blommer Chocolate Company, Mondelez International, Inc., Cargill Incorporated, and Olam International.

Top Players in the Global Cocoa Processing Market :- https://www.imarcgroup.com/cocoa-processing-companies

Media Contact:
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Contact Person: Elena Anderson
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Phone: +1-631-791-1145
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Country: United States
Website: https://www.imarcgroup.com

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This release was published on openPR.