Cocoa and Chocolate Market Expected to reach $138.03 billion by 2021 - Global Industry Research Report

The trending market research study on "Cocoa and Chocolate Market By Chocolate Type By Cocoa Type By Application And By Region-Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016-2021)" published at OrbisResearch.com

The Global Cocoa and Chocolate Market was worth $123.32 billion in 2016 and estimated to be growing at a CAGR of 2.28%, to reach $138.03 billion by 2021. The market is showcasing huge potential in the mentioned forecasting period. Chocolate is mainly classified by the amount of cocoa it contains. Chocolate is considered as “dark chocolate” if it contains more than 60% cocoa. Milk chocolates account for about 50% of all chocolate consumption but they, in general, contain as little as 10% cocoa.

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The cocoa and chocolate market has been growing at a steady pace. The constant strong demand from North America is propelling the cocoa and chocolate market in the region. Cocoa provides texture, flavour, and colour to products. Furthermore, it has anti-inflammatory, anti-oxidative, and anti-depressant properties. The market for these ingredients is observing growth in developing economies such as India and China. Dark chocolate contains high amounts of antioxidants, which are believed to delay or prevent certain types of diseases like cardiac arrest. These health benefits, perceived by people and doctors, is one of the main reason behind strong growth for products with high quantities of cocoa.

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Powerful local and global growth in demand is unevenly matched against an unpredictable and unstable supply. But chocolate consumers happen to be quite price insensitive. Except in very rare circumstances consumers are willing to purchase cocoa product at any given prices. The huge demand for chocolate and cocoa in confectionery and food and beverage industries majorly drives the market. The health benefits of cocoa and chocolate in pharmaceuticals and cosmetics has enough evidence to back manufacturers to consider using such ingredients.

The Global market for Chocolate and Cocoa is categorized by Chocolate Type (Dark Chocolate, Milk Chocolate, White Chocolate and Filled Chocolate), by Cocoa type (Cocoa Butter, Cocoa Liquor and Cocoa Powder). Based on Application, the market is further segmented into Cosmetics, Pharmaceuticals, Food and Beverage and Confectionery. The milk and white chocolate segment is expected to grow at the highest rate from 2016 to 2021. The cocoa liquor segment dominated the cocoa market in 2016. Europe is the leading consumer of cocoa, followed by North America. Also, Europe is a major processor of cocoa in the global market and is forecasted to grow at the highest rate. However, the overall cocoa and chocolate industry in the European region has become stagnant and saturated over the last few years. Consumer awareness pertaining to health benefits of cocoa has led to some of the important innovations in the North American cocoa and chocolate industry.

Some of the major companies dominating the market, by their products and services include ADM, Cargill, Bunge, Barry Callebaut, Indcresa, Blommer and JB Foods Limited, Plot Ghana, Dutch Cocoa and Cocoa Processing Company Limited.

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Table of Contents:
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions

2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline

3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market

5. Market Segmentation
5.1 Chocolate Type
5.1.1 Introduction
5.1.2 Dark Chocolate
5.1.3 Milk Chocolate
5.1.4 White Chocolate
5.1.5 Filled Chocolate
5.1.6 Y-o-Y Growth Analysis, By Chocolate Type
5.1.7 Market Attractiveness Analysis, By Chocolate Type
5.1.8 Market Share Analysis, By Chocolate Type
5.2 Cocoa Type
5.2.1 Introduction
5.2.2 Cocoa Butter
5.2.3 Cocoa Liquor
5.2.4 Cocoa Powder
5.2.5 Y-o-Y Growth Analysis, By Cocoa Type
5.2.6 Market Attractiveness Analysis, By Cocoa Type
5.2.7 Market Share Analysis, By Cocoa Type
5.3 Application
5.3.1 Introduction
5.3.2 Cosmetics
5.3.3 Pharmaceuticals
5.3.4 Food & Beverage
5.3.5 Confectionery
5.3.6 Y-o-Y Growth Analysis, By Application
5.3.7 Market Attractiveness Analysis, By Application
5.3.8 Market Share Analysis, By Application

6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Chocolate Type
6.1.3.3 By Cocoa Type
6.1.3.4 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Chocolate Type
6.1.4.3 By Cocoa Type
6.1.4.4 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Chocolate Type
6.1.5.3 By Cocoa Type
6.1.5.4 By Application
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa

7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry

8.Market Leaders' Analysis
8.1 Cargill
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 ADM
8.3 Bunge
8.4 Barry Callebaut
8.5 Plot Ghana
8.6 Dutch Cocoa
8.7 Cocoa Processing Company Limited
8.8 Indcresa
8.9 Blommer
8.10 JB Foods Limited

9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches

10.Market Outlook and Investment Opportunities
Appendix

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