A cocoa processing plant transforms cocoa beans into three main components: cocoa liquor and cocoa butter and cocoa powder. These components can be used to make different products. Cocoa butter, cocoa liquor, and cocoa powder are some of the major ingredients used to manufacture chocolates. The favorable characteristics of cocoa butter (melting point and contraction) provide a melt-in-the mouth sensation and easy removal of chocolates from the molds.
Cocoa 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 increases with the 2.15% average growth rate from 2014-2018. Europe is the mainly consumption region due to the bigger demand of downstream applications. Europe occupied 54.57% of the global consumption volume in total in 2018.
According to this study, over the next five years the Cocoa market will register a 2.1% CAGR in terms of revenue, the global market size will reach US$ 15080 million by 2024, from US$ 13580 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Cocoa business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Cocoa market by product type, application, key manufacturers and key regions and countries.
This study considers the Cocoa value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Cocoa Liquor
Cocoa Butter
Cocoa Powder
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Confectionery
Food and Beverage
Cosmetics
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Barry Callebaut
Cargill
Nestle SA
Mars
Hershey
Blommer (FUJI OIL)
Olam
Puratos
Cémoi
Irca
Foley's Candies LP
NATRA
Kerry Group
Valrhona
Guittard
Ferrero
Ghirardelli
Alpezzi Cocoa & Chocolate
Republica del Cacao
TCHO
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Cocoa consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Cocoa market by identifying its various subsegments.
Focuses on the key global Cocoa manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Cocoa with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Cocoa submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
2019-2024 Global Cocoa Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Cocoa Consumption 2014-2024
2.1.2 Cocoa Consumption CAGR by Region
2.2 Cocoa Segment by Type
2.2.1 Cocoa Liquor
2.2.2 Cocoa Butter
2.2.3 Cocoa Powder
2.3 Cocoa Consumption by Type
2.3.1 Global Cocoa Consumption Market Share by Type (2014-2019)
2.3.2 Global Cocoa Revenue and Market Share by Type (2014-2019)
2.3.3 Global Cocoa Sale Price by Type (2014-2019)
2.4 Cocoa Segment by Application
2.4.1 Confectionery
2.4.2 Food and Beverage
2.4.3 Cosmetics
2.4.4 Others
2.5 Cocoa Consumption by Application
2.5.1 Global Cocoa Consumption Market Share by Application (2014-2019)
2.5.2 Global Cocoa Value and Market Share by Application (2014-2019)
2.5.3 Global Cocoa Sale Price by Application (2014-2019)
3 Global Cocoa by Manufacturers
3.1 Global Cocoa Sales Market Share by Manufacturers
3.1.1 Global Cocoa Sales by Manufacturers (2017-2019)
3.1.2 Global Cocoa Sales Market Share by Manufacturers (2017-2019)
3.2 Global Cocoa Revenue Market Share by Manufacturers
3.2.1 Global Cocoa Revenue by Manufacturers (2017-2019)
3.2.2 Global Cocoa Revenue Market Share by Manufacturers (2017-2019)
3.3 Global Cocoa Sale Price by Manufacturers
3.4 Global Cocoa Manufacturing Base Distribution, Sales Area, Product Types by Manufacturers
3.4.1 Global Cocoa Manufacturing Base Distribution and Sales Area by Manufacturers
3.4.2 Players Cocoa Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 Cocoa by Regions
4.1 Cocoa by Regions
4.1.1 Global Cocoa Consumption by Regions
4.1.2 Global Cocoa Value by Regions
4.2 Americas Cocoa Consumption Growth
4.3 APAC Cocoa Consumption Growth
4.4 Europe Cocoa Consumption Growth
4.5 Middle East & Africa Cocoa Consumption Growth
5 Americas
5.1 Americas Cocoa Consumption by Countries
5.1.1 Americas Cocoa Consumption by Countries (2014-2019)
5.1.2 Americas Cocoa Value by Countries (2014-2019)
5.2 Americas Cocoa Consumption by Type
5.3 Americas Cocoa Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Cocoa Consumption by Countries
6.1.1 APAC Cocoa Consumption by Countries (2014-2019)
6.1.2 APAC Cocoa Value by Countries (2014-2019)
6.2 APAC Cocoa Consumption by Type
6.3 APAC Cocoa Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
7 Europe
7.1 Europe Cocoa by Countries
7.1.1 Europe Cocoa Consumption by Countries (2014-2019)
7.1.2 Europe Cocoa Value by Countries (2014-2019)
7.2 Europe Cocoa Consumption by Type
7.3 Europe Cocoa Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa Cocoa by Countries
8.1.1 Middle East & Africa Cocoa Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Cocoa Value by Countries (2014-2019)
8.2 Middle East & Africa Cocoa Consumption by Type
8.3 Middle East & Africa Cocoa Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Cocoa Distributors
10.3 Cocoa Customer
11 Global Cocoa Market Forecast
11.1 Global Cocoa Consumption Forecast (2019-2024)
11.2 Global Cocoa Forecast by Regions
11.2.1 Global Cocoa Forecast by Regions (2019-2024)
11.2.2 Global Cocoa Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Cocoa Forecast by Type
11.8 Global Cocoa Forecast by Application
12 Key Players Analysis
12.1 Barry Callebaut
12.1.1 Company Details
12.1.2 Cocoa Product Offered
12.1.3 Barry Callebaut Cocoa Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 Barry Callebaut News
12.2 Cargill
12.2.1 Company Details
12.2.2 Cocoa Product Offered
12.2.3 Cargill Cocoa Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 Cargill News
12.3 Nestle SA
12.3.1 Company Details
12.3.2 Cocoa Product Offered
12.3.3 Nestle SA Cocoa Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 Nestle SA News
12.4 Mars
12.4.1 Company Details
12.4.2 Cocoa Product Offered
12.4.3 Mars Cocoa Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 Mars News
12.5 Hershey
12.5.1 Company Details
12.5.2 Cocoa Product Offered
12.5.3 Hershey Cocoa Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 Hershey News
12.6 Blommer (FUJI OIL)
12.6.1 Company Details
12.6.2 Cocoa Product Offered
12.6.3 Blommer (FUJI OIL) Cocoa Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 Blommer (FUJI OIL) News
12.7 Olam
12.7.1 Company Details
12.7.2 Cocoa Product Offered
12.7.3 Olam Cocoa Sales, Revenue, Price and Gross Margin (2017-2019)
12.7.4 Main Business Overview
12.7.5 Olam News
12.8 Puratos
12.8.1 Company Details
12.8.2 Cocoa Product Offered
12.8.3 Puratos Cocoa Sales, Revenue, Price and Gross Margin (2017-2019)
12.8.4 Main Business Overview
12.8.5 Puratos News
12.9 Cémoi
12.9.1 Company Details
12.9.2 Cocoa Product Offered
12.9.3 Cémoi Cocoa Sales, Revenue, Price and Gross Margin (2017-2019)
12.9.4 Main Business Overview
12.9.5 Cémoi News
12.10 Irca
12.10.1 Company Details
12.10.2 Cocoa Product Offered
12.10.3 Irca Cocoa Sales, Revenue, Price and Gross Margin (2017-2019)
12.10.4 Main Business Overview
12.10.5 Irca News
12.11 Foley's Candies LP
12.12 NATRA
12.13 Kerry Group
12.14 Valrhona
12.15 Guittard
12.16 Ferrero
12.17 Ghirardelli
12.18 Alpezzi Cocoa & Chocolate
12.19 Republica del Cacao
12.20 TCHO
13 Research Findings and Conclusion
List of Tables and Figures
Figure Picture of Cocoa
Table Product Specifications of Cocoa
Figure Cocoa Report Years Considered
Figure Market Research Methodology