Cocoa Market with Detailed Analysis, Competitive landscape, Forecast to 2027

 Market Overview

Cocoa is fully dried and fermented beans that are further processed to use in food, pharmaceutical, and cosmetics applications. Cocoa powder is mostly used in the production of chocolate confectionaries and cocoa paste. Cocoa butter is widely used in the pharmaceutical and cosmetic industry. Consumption of cocoa-rich products provide various health benefits such as reduce hypertension, lower risk of cardiovascular disease and chronic fatigue syndrome.

Cocoa beans is extracted from Theobroma cocoa, it is dried and fermented and further processed for producing cocoa powder, oil, liquor, butter, and other cocoa products. Cocoa is widely used in the manufacturing of chocolates. They have various health benefits due to the high content of flavonoids that reduce the risk of cardiovascular disease.

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Market Dynamics

Increasing production of cocoa coupled with the rising adoption of advanced technology for processing and manufacturing of cocoa is projected to bolster the market growth. Improvement in the farming techniques helps in the high yield production of cocoa and this is increasing the supply of cocoa. Thus growing adoption of the advance farming techniques for cocoa is expected to spur the market growth over the forecast period.

Detailed Segmentation:

  • Global Cocoa Market, By Nature:

    • Organic

      Conventional

  • Global Cocoa Market, By Process:

    • Natural

      Dutch

  • Global Cocoa Market, By Product Type:

    • Cocoa Powder

      Cocoa Butter

      Cocoa Liquor

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Key companies covered as a part of this study include The Barry Callebaut Group, The Hershey Company, Nestlé S.A., Cargill Incorporated, Puratos Group, Cémoi, Mars, Incorporated, Blommer Chocolate Company, Meiji Holdings Company, Ltd., Carlyle Cocoa, Jindal Cocoa, and United Cocoa Processor

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