openPR Logo
Press release

Cocoa Ingredients Market Estimated to Cross Revenues by 2025

Cocoa Ingredients Market Estimated to Cross Revenues by 2025

Cocoa Ingredients Market Overview

Cocoa bean is the dried and fully fermented seed of the plant known as Theobroma cacao. It is native to Central America and was widely consumed by cultures like the Olmec and Mayan civilisations as a frothy beverage mixed with chilli. It was introduced by the Spaniards to Europe in that form in the 16th century from where it eventually spread worldwide. However, today the primary customer for the cocoa ingredients market would almost certainly be the chocolate bar and confectionery one.

Get access to full summary @: http://www.persistencemarketresearch.com/market-research/cocoa-ingredients-market.asp

Cocoa is the primary ingredient of chocolate and the percentage of it used depends upon whether the chocolate is white, milk or dark, the last of which has the maximum amount. The cocoa ingredient market can be broadly classified on the basis of type, form and application. The three main types of cocoa beans are Criollo, Forastero and Trinitario. It can be in the form of cocoa beans, cocoa paste, cocoa butter, cocoa fat & oil, cocoa shells and cocoa powder without any added sugar or other ingredients. It is widely used in the confectionary, dairy, bakery, beverages, pharmaceutical and personal care industry.

Cocoa Ingredients Market Drivers

Exponentially rising chocolate sales across the world are anticipated to be the main cocoa ingredients market driver. Booming economic growth in the APAC region (led by China and India), Latin America and Southeast Asia along with an increasing disposable income will spur the demand for chocolates. In addition to this, there is a growing realisation that dark chocolate with the maximum amount of cocoa (usually above 70%) has several health benefits.

Studies have shown that it contains antioxidants, lowers the risk of heart disease, improves blood flow & lowers blood pressure, and decreases oxidised LDL cholesterol levels, especially in men. This is particularly relevant in developed countries which have an ageing population. Cocoa seeds are used by some people as a medicine and it is supposed to help treat infectious intestinal diseases, asthma, diarrhoea, bronchitis. The seed coat is used for bladder, liver and kidney trouble, as a tonic, treating diabetes, and even as a general remedy. The butter is helpful in cases of high cholesterol, to treat wrinkles and even to prevent pregnancy stretch marks.

A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/13750

Cocoa Ingredients Market Restraints

Rising production cost is anticipated to be the single biggest restraint in the cocoa ingredients market. 70% of the world’s cocoa is produced in the West African nations of Ivory Coast and Ghana. Last year, unfavourable weather led to unusually small cocoa beans. Cocoa production in Ghana plummeted in 2015 after local farmers applied critical pesticides very late in the crop’s development cycle. At the same time, a sharp drop in sugar production has driven up its prices substantially. Both of these are the main components of chocolate bars but intense competition in the industry means that confectionary companies have no choice but to absorb the additional costs.

Compounding this is the slowdown experienced in the key markets of North America and Europe. Customers in these regions have become very health conscious in recent times and many of them are forgoing chocolate entirely in favour of healthier alternatives. For the last decade, the growth rates of these healthier options have been outpacing that of the confectionary industry. They have also begun to move up to premium or indulgent products that usually have fewer cocoa ingredients than mainstream options.

Cocoa Ingredients Market Key Regions

The cocoa ingredients market can be broadly classified into two types – the producer and the customer market. West Africa has long been the world’s largest cocoa producer, with nearly 70% coming from Ghana & the Ivory Coast. The largest cocoa ingredient customer markets are the EU, followed by North America. This is mainly due to an affluent population with discerning tastes and a preference for healthier options like dark chocolate. The strongest growth is expected to be in China and India and they will drive the future market. Despite their impressive growth, however, the West cannot be ignored by companies involved in the cocoa ingredients market on account of their strong fundamentals.

Cocoa Ingredients Market Key Market Players

The cocoa ingredients market key players are Archer Daniels Midland Company, Barry Callebaut, Cocoa Processing Company Ltd., Mars Inc., Hershey, United Cocoa, Olam International Ltd., Cargill Incorporated, Agostonichocolate and Cocoa Processing Company Ltd.

To view TOC of this report is available upon request @ http://www.persistencemarketresearch.com/toc/13750

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, types and applications.

About Us

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.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 Ingredients Market Estimated to Cross Revenues by 2025 here

News-ID: 631683 • Views:

More Releases from Persistence Market Research

Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Market Overview: The frozen foods market consists of a wide range of products, including frozen fruits and vegetables, meat and seafood, ready-to-eat meals, and desserts. These products are preserved through freezing to maintain freshness and quality for an extended period. Market Size and Growth: The global market for frozen foods is forecasted to be of valuation US$ 281.0 Billion in the year 2022 which is expanding at a value CAGR of 5.1% and
The Global Graphene Market's Striking Growth and Innovative Applications
The Global Graphene Market's Striking Growth and Innovative Applications
Introduction Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, has gained global recognition for its extraordinary properties, such as exceptional electrical and thermal conductivity, mechanical strength, and flexibility. Since its isolation in 2004 by Andre Geim and Konstantin Novoselov, graphene has sparked considerable interest in both scientific and industrial communities. This report explores the current state of the graphene market and its potential growth opportunities. Get Access To
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analysis, Emerging Trends with Upcoming Developments
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analys …
Market Overview: The projected global market size for cyber security mesh is expected to reach $8.8 billion by the year 2033, with an estimated valuation of $1.2 billion by 2023. This market is poised to experience a compound annual growth rate (CAGR) of 21.7% from 2023 to 2033. The global Cyber Security Mesh market is poised for significant growth as organizations worldwide grapple with the escalating threat landscape. Cybersecurity has become an
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation and Industry Size
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation …
Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products. To obtain the latest market

All 5 Releases


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