“Cocoa & Chocolate market report 2019 to 2024” is the definitive study of the global Cocoa & Chocolate market. The report content includes orientation technology, industry drivers, geographic trends, market statistics, market forecasts, producers, and equipment suppliers of Cocoa & Chocolate industry.
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About Cocoa & Chocolate Industry
Cocoa & Chocolate 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 & Chocolate increases with the 5.7% average growth rate from 2012-2017. North America is the mainly consumption region due to the bigger demand of downstream applications. North America occupied 34.21%% of the global consumption volume in total in 2016.
Global Dark Cocoa production is 2535 K MT in 2016, and the chocolate production is Dark 5628 K MT in 2016, occupying about 68.11% the total Cocoa & Chocolate production. Dark chocolate is the major type of Cocoa & Chocolate, and there are also types like milk chocolate. With fine taste of Cocoa & Chocolate, the downstream application industries will need more Cocoa & Chocolate products. So, Cocoa & Chocolate has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce more kinds of taste Cocoa & Chocolate through improving technology and adding additional agent.
The major raw materials for Cocoa & Chocolate are cocoa beans, sugar and milk. Fluctuations in the price of the upstream product will impact on the production cost of Cocoa & Chocolate. The production cost of Cocoa & Chocolate is also an important factor which could impact the price of Cocoa & Chocolate. The Cocoa & Chocolate manufacturers are trying to reduce production cost by developing production method.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents decreasing trend according to the economy development status and international competition. Also, there will be fluctuation in gross margin.
The worldwide market for Cocoa & Chocolate is expected to grow at a CAGR of roughly 4.3% over the next five years, will reach 63600 million US$ in 2024, from 49400 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Cocoa & Chocolate in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The overviews, SWOT analysis and strategies of each vendor in the Cocoa & Chocolate market provide understanding about the market forces and how those can be exploited to create future opportunities.
Key Players in this Cocoa & Chocolate market are:–
- Barry Callebaut
Blommer Chocolate Company
Foley’s Candies LP
Republica Del Cacao
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Production Analysis: SWOT analysis of major key players of Cocoa & Chocolate industry based on a Strengths, Weaknesses, company’s internal & external environments. …, Opportunities and Threats. . It also includes Production, Revenue, and average product price and market shares of key players. Those data are further drilled down with Manufacturing Base Distribution, Production Area and Product Type. Major points like Competitive Situation and Trends, Concentration Rate Mergers & Acquisitions, Expansion which are vital information to grow/establish a business is also provided.
Application of Cocoa & Chocolate Market are:
Food & Beverage
Product Segment Analysis of the Cocoa & Chocolate Market is:
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Regions Covered in Cocoa & Chocolate Market are:-
- North and South America
- South Korea
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Key market insights include:
1. The analysis of Cocoa & Chocolate market provides market size and growth rate for the forecast period 2019-2024.
2. It offers comprehensive insights into current industry trends, trend forecast, and growth drivers about the Cocoa & Chocolate market.
3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities.
4. It offers a complete overview of market segments and the regional outlook of Cocoa & Chocolate market.
5. The report offers a detailed overview of the vendor landscape, competitive analysis, and key market strategies to gain competitive advantage.
In this study, the years considered to estimate the market size of Cocoa & Chocolate Market are as follows:-
- History Year: 2013-2017
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2024
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No Of Pages in Cocoa & Chocolate Market Report: 136
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