Global Cocoa Market 2021-2028 - Research and Markets

According to a This report, the global cocoa market is likely to advance at a CAGR of 4.11% during the projected period 2021-2028.

Factors such as the rise in demand for chocolate, coupled with growing awareness relating to the health benefits of cocoa, are supplementing the growth of the cocoa market globally. Additionally, the emergence of ruby cocoa beans and bean-to-bar chocolates has opened new avenues for the cocoa market. Bean-to-bar refers to the chocolate making process wherein the maker controls the chocolate’s quality, overseeing every step from cocoa bean to chocolate bar.

In contrast, the low productivity of cocoa, along with price fluctuations, are key factors that impede the growth of the global cocoa market to a large extent.

Regional Outlook

The global cocoa market comprises the Asia-Pacific, North America, Latin America, Europe, and the Middle East and Africa regions.

Globally, the Asia-Pacific is anticipated to witness the fastest growth rate in the cocoa market over the forecasted period. This growth can be attributed to innovation in cocoa products. Moreover, the region has been among the top growth markets for chocolate producers, with changing lifestyles leading to increased cocoa grindings. Furthermore, rapid urbanization, improved retail distribution, and a surge in disposable income are some of the other factors that widen the cocoa market’s scope and growth across the APAC region.

Competitive Outlook

The companies that have gained popularity in the cocoa market include Barry Callebaut AG, Guan Chong Berhad, Meiji Holdings Co Ltd, Mondelez International, Archer Daniels Midland, the Hershey Company, Blommer Chocolate Company, Nestle SA, Touton SA, Olam International Limited, Cargill Incorporated, Puratos Group, Natra SA, Ferrero Group, and Lindt and Sprüngli AG.
Nestle SA is a nutrition, health, and wellness company offering various products, such as baby food, chocolates, coffee, dairy, ice cream, and other products. The company offers its products under various categories, including milk and ice cream, nutrition and health science, prepared dishes, confectionery, and pet care, among others. Additionally, it provides products under Cerelac, Nescafe, and other brands. Nestle serves consumers across the globe, with headquarters in Switzerland.

Frequently Asked Questions about the Global Cocoa Market

What is the estimated value of the Global Cocoa Market?

The Global Cocoa Market was estimated to be valued at $12.6 Billion in 2021.

What is the growth rate of the Global Cocoa Market?

The growth rate of the Global Cocoa Market is 4.1%, with an estimated value of $16.71 Billion by 2028.

What is the forecasted size of the Global Cocoa Market?

The Global Cocoa Market is estimated to be worth $16.71 Billion by 2028.

Who are the key companies in the Global Cocoa Market?

Key companies in the Global Cocoa Market include Guan Chong Berhad.

Report Attribute	Details
No. of Pages	188
Published	September 2021
Forecast Period	2021 - 2028
Estimated Market Value ( USD ) in 2021	$ 12.6 Billion
Forecasted Market Value ( USD ) by 2028	$ 16.71 Billion
Compound Annual Growth Rate	4.1%
Regions Covered	Global

1. Global Cocoa Market - Summary

2. Industry Outlook
2.1. Impact of Covid-19 on Cocoa Market
2.2. Key Insights
2.2.1. Influence of Western Flavors
2.2.2. Cocoa Powder Color Trends
2.2.3. Single-Origin Cocoa and Chocolates
2.3. Porter’S Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitutes
2.3.3. Bargaining Power of Buyers
2.3.4. Bargaining Power of Suppliers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Key Market Strategies
2.6.1. Acquisitions
2.6.2. Product Developments
2.6.3. Contracts & Agreements
2.6.4. Investment & Expansions
2.7. Market Drivers
2.7.1. Rise in Demand for Chocolate
2.7.2. Health Benefits of Cocoa
2.8. Market Challenges
2.8.1. Low Productivity
2.8.2. Price Fluctuations of Cocoa
2.9. Market Opportunities
2.9.1. Ruby Cocoa Beans
2.9.2. Bean-To-Bar Chocolate

3. Global Cocoa Market Outlook - by Process
3.1. Dutch-Process
3.2. Natural Process

4. Global Cocoa Market Outlook – by Quality
4.1. Bulk
4.2. Specialty
4.3. Fine Flavor

5. Global Cocoa Market Outlook – by Product
5.1. Cocoa Liquor
5.2. Cocoa Powder
5.3. Cocoa Butter

6. Global Cocoa Market Outlook – by Type
6.1. Conventional
6.2. Organic

7. Global Cocoa Market Outlook – by End-User
7.1. Confectionery
7.2. Food & Beverages
7.3. Bakery
7.4. Other End-Users

8. Global Cocoa Market – Regional Outlook
8.1. North America
8.1.1. Market by Process
8.1.2. Market by Quality
8.1.3. Market by Product
8.1.4. Market by Type
8.1.5. Market by End-User
8.1.6. Country Analysis
8.1.6.1. United States
8.1.6.2. Canada
8.2. Europe
8.2.1. Market by Process
8.2.2. Market by Quality
8.2.3. Market by Product
8.2.4. Market by Type
8.2.5. Market by End-User
8.2.6. Country Analysis
8.2.6.1. United Kingdom
8.2.6.2. Germany
8.2.6.3. France
8.2.6.4. Spain
8.2.6.5. Italy
8.2.6.6. Russia
8.2.6.7. Rest of Europe
8.3. Asia-Pacific
8.3.1. Market by Process
8.3.2. Market by Quality
8.3.3. Market by Product
8.3.4. Market by Type
8.3.5. Market by End-User
8.3.6. Country Analysis
8.3.6.1. China
8.3.6.2. Japan
8.3.6.3. India
8.3.6.4. South Korea
8.3.6.5. Asean Countries
8.3.6.6. Australia & New Zealand
8.3.6.7. Rest of Asia-Pacific
8.4. Latin America
8.4.1. Market by Process
8.4.2. Market by Quality
8.4.3. Market by Product
8.4.4. Market by Type
8.4.5. Market by End-User
8.4.6. Country Analysis
8.4.6.1. Brazil
8.4.6.2. Mexico
8.4.6.3. Rest of Latin America
8.5. Middle East and Africa
8.5.1. Market by Process
8.5.2. Market by Quality
8.5.3. Market by Product
8.5.4. Market by Type
8.5.5. Market by End-User
8.5.6. Country Analysis
8.5.6.1. United Arab Emirates
8.5.6.2. Saudi Arabia
8.5.6.3. Turkey
8.5.6.4. South Africa
8.5.6.5. Rest of Middle East & Africa

9. Competitive Landscape
9.1. Cargill Incorporated
9.2. Meiji Holdings Co Ltd
9.3. Nestle Sa
9.4. Puratos Group
9.5. Olam International Limited
9.6. Guan Chong Berhad
9.7. Barry Callebaut AG
9.8. Natra Sa
9.9. Blommer Chocolate Company
9.10. The Hershey Company
9.11. Mondelez International
9.12. Ferrero Group
9.13. Lindt and Sprüngli AG
9.14. Archer Daniels Midland
9.15. Touton Sa

10. Research Methodology & Scope
10.1. Research Scope & Deliverables
10.2. Sources of Data
10.3. Research Methodology
List of Tables
Table 1: Global Cocoa Market, by Geography, 2021-2028 (In $ Million)
Table 2: Vendor Scorecard
Table 3: List of Acquisitions
Table 4: List of Product Developments
Table 5: List of Contracts & Agreements
Table 6: List of Investment & Expansions
Table 7: the Top 10 Cocoa Producing Countries in 2021
Table 8: Global Cocoa Market, by Process, 2021-2028 (In $ Million)
Table 9: Global Cocoa Market, by Quality, 2021-2028 (In $ Million)
Table 10: Global Cocoa Market, by Product, 2021-2028 (In $ Million)
Table 11: Global Cocoa Market, by Type, 2021-2028 (In $ Million)
Table 12: Global Cocoa Market, by End-User, 2021-2028 (In $ Million)
Table 13: Global Cocoa Market, by Geography, 2021-2028 (In $ Million)
Table 14: North America Cocoa Market, by Country, 2021-2028 (In $ Million)
Table 15: North America Cocoa Market, by Process, 2021-2028 (In $ Million)
Table 16: North America Cocoa Market, by Quality, 2021-2028 (In $ Million)
Table 17: North America Cocoa Market, by Product, 2021-2028 (In $ Million)
Table 18: North America Cocoa Market, by Type, 2021-2028 (In $ Million)
Table 19: North America Cocoa Market, by End-User, 2021-2028 (In $ Million)
Table 20: Europe Cocoa Market, by Country, 2021-2028 (In $ Million)
Table 21: Europe Cocoa Market, by Process, 2021-2028 (In $ Million)
Table 22: Europe Cocoa Market, by Quality, 2021-2028 (In $ Million)
Table 23: Europe Cocoa Market, by Product, 2021-2028 (In $ Million)
Table 24: Europe Cocoa Market, by Type, 2021-2028 (In $ Million)
Table 25: Europe Cocoa Market, by End-User, 2021-2028 (In $ Million)
Table 26: Asia-Pacific Cocoa Market, by Country, 2021-2028 (In $ Million)
Table 27: Asia-Pacific Cocoa Market, by Process, 2021-2028 (In $ Million)
Table 28: Asia-Pacific Cocoa Market, by Quality, 2021-2028 (In $ Million)
Table 29: Asia-Pacific Cocoa Market, by Product, 2021-2028 (In $ Million)
Table 30: Asia-Pacific Cocoa Market, by Type, 2021-2028 (In $ Million)
Table 31: Asia-Pacific Cocoa Market, by End-User, 2021-2028 (In $ Million)
Table 32: Latin America Cocoa Market, by Country, 2021-2028 (In $ Million)
Table 33: Latin America Cocoa Market, by Process, 2021-2028 (In $ Million)
Table 34: Latin America Cocoa Market, by Quality, 2021-2028 (In $ Million)
Table 35: Latin America Cocoa Market, by Product, 2021-2028 (In $ Million)
Table 36: Latin America Cocoa Market, by Type, 2021-2028 (In $ Million)
Table 37: Latin America Cocoa Market, by End-User, 2021-2028 (In $ Million)
Table 38: Middle East and Africa Cocoa Market, by Country, 2021-2028 (In $ Million)
Table 39: Middle East and Africa Cocoa Market, by Process, 2021-2028 (In $ Million)
Table 40: Middle East and Africa Cocoa Market, by Quality, 2021-2028 (In $ Million)
Table 41: Middle East and Africa Cocoa Market, by Product, 2021-2028 (In $ Million)
Table 42: Middle East and Africa Cocoa Market, by Type, 2021-2028 (In $ Million)
Table 43: Middle East and Africa Cocoa Market, by End-User, 2021-2028 (In $ Million)List of Figures
Figure 1: Market Attractiveness Index
Figure 2: Global Cocoa Market, by Process, 2020 & 2028 (In %)
Figure 3: Global Cocoa Market, by Dutch-Process, 2021-2028 (In $ Million)
Figure 4: Global Cocoa Market, by Natural Process, 2021-2028 (In $ Million)
Figure 5: Global Cocoa Market, by Quality, 2020 & 2028 (In %)
Figure 6: Global Cocoa Market, by Bulk, 2021-2028 (In $ Million)
Figure 7: Global Cocoa Market, by Specialty, 2021-2028 (In $ Million)
Figure 8: Global Cocoa Market, by Fine Flavor, 2021-2028 (In $ Million)
Figure 9: Global Cocoa Market, by Product, 2020 & 2028 (In %)
Figure 10: Global Cocoa Market, by Cocoa Liquor, 2021-2028 (In $ Million)
Figure 11: Global Cocoa Market, by Cocoa Powder, 2021-2028 (In $ Million)
Figure 12: Global Cocoa Market, by Cocoa Butter, 2021-2028 (In $ Million)
Figure 13: Global Cocoa Market, by Type, 2020 & 2028 (In %)
Figure 14: Global Cocoa Market, by Conventional, 2021-2028 (In $ Million)
Figure 15: Global Cocoa Market, by Organic, 2021-2028 (In $ Million)
Figure 16: Global Cocoa Market, by End-User, 2020 & 2028 (In %)
Figure 17: Global Cocoa Market, by Confectionery, 2021-2028 (In $ Million)
Figure 18: Global Cocoa Market, by Food & Beverages, 2021-2028 (In $ Million)
Figure 19: Global Cocoa Market, by Bakery, 2021-2028 (In $ Million)
Figure 20: Global Cocoa Market, by Other End-Users, 2021-2028 (In $ Million)
Figure 21: Global Cocoa Market, Regional Outlook, 2020 & 2028 (In %)
Figure 22: United States Cocoa Market 2021-2028 (In $ Million)
Figure 23: Canada Cocoa Market 2021-2028 (In $ Million)
Figure 24: United Kingdom Cocoa Market 2021-2028 (In $ Million)
Figure 25: Germany Cocoa Market 2021-2028 (In $ Million)
Figure 26: France Cocoa Market 2021-2028 (In $ Million)
Figure 27: Spain Cocoa Market 2021-2028 (In $ Million)
Figure 28: Italy Cocoa Market 2021-2028 (In $ Million)
Figure 29: Russia Cocoa Market 2021-2028 (In $ Million)
Figure 30: Rest of Europe Cocoa Market 2021-2028 (In $ Million)
Figure 31: China Cocoa Market 2021-2028 (In $ Million)
Figure 32: Japan Cocoa Market 2021-2028 (In $ Million)
Figure 33: India Cocoa Market 2021-2028 (In $ Million)
Figure 34: South Korea Cocoa Market 2021-2028 (In $ Million)
Figure 35: Asean Countries Cocoa Market 2021-2028 (In $ Million)
Figure 36: Australia & New Zealand Cocoa Market 2021-2028 (In $ Million)
Figure 37: Rest of Asia-Pacific Cocoa Market 2021-2028 (In $ Million)
Figure 38: Brazil Cocoa Market 2021-2028 (In $ Million)
Figure 39: Mexico Cocoa Market 2021-2028 (In $ Million)
Figure 40: Rest of Latin America Cocoa Market 2021-2028 (In $ Million)
Figure 41: United Arab Emirates Cocoa Market 2021-2028 (In $ Million)
Figure 42: Saudi Arabia Cocoa Market 2021-2028 (In $ Million)
Figure 43: Turkey Cocoa Market 2021-2028 (In $ Million)
Figure 44: South Africa Cocoa Market 2021-2028 (In $ Million)
Figure 45: Rest of Middle East & Africa Cocoa Market 2021-2028 (In $ Million)