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North America Cocoa Market 2021-2028

  • ID: 5440066
  • Report
  • September 2021
  • Region: North America
  • 144 Pages
  • Triton Market Research

As per This report, the North American cocoa market is projected to observe a CAGR of 3.97% through the years 2021-2028. The United States and Canada outline the market in this region.

Canada’s food and beverage sector generates a significant amount, making it the second-largest manufacturing industry. In addition, there are a large number of bakeries, cafes, and restaurants functioning in the country, increasing the demand for cocoa products. Moreover, the country exported the highest dollar value of chocolates in 2020 in the region. Furthermore, the country is also one of the largest consumers of chocolate globally. As per the Inter-American Institute for Cooperation on Agriculture, the country ranks as the ninth-largest consumer of chocolate worldwide. Such a high consumption rate, along with growth in the food and beverage industry, propels the cocoa market on a progressive path.

On the other hand, chocolate festivals are standard in the US, promoting innovation and recipes by restaurants, bakeries, and chocolatiers. Moreover, these festivals help set new trends in the chocolate industry, driving the cocoa-based product’s demand. Furthermore, the rising demand for organic chocolate due to its health benefits increases the demand for cocoa in the country. Hence, all these factors are likely to boost the cocoa market on a positive growth trajectory over the next few years.


Competitive Outlook

The major companies in the cocoa market consist of Cargill Incorporated, Lindt and Sprüngli AG, Meiji Holdings Co Ltd, Natra SA, Puratos Group, the Hershey Company, and Ferrero Group.


Note: Product cover images may vary from those shown

1. North America 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. North America Cocoa Market Outlook - by Process
3.1. Dutch-Process
3.2. Natural Process
4. North America Cocoa Market Outlook – by Quality
4.1. Bulk
4.2. Specialty
4.3. Fine Flavor
5. North America Cocoa Market Outlook – by Product
5.1. Cocoa Liquor
5.2. Cocoa Powder
5.3. Cocoa Butter
6. North America Cocoa Market Outlook – by Type
6.1. Conventional
6.2. Organic
7. North America Cocoa Market Outlook – by End-User
7.1. Confectionery
7.2. Food & Beverages
7.3. Bakery
7.4. Other End-Users
8. North America Cocoa Market – Regional Outlook
8.1. United States
8.2. Canada
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: North America Cocoa Market, by Country, 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: North America Cocoa Market, by Process, 2021-2028 (In $ Million)
Table 9: North America Cocoa Market, by Quality, 2021-2028 (In $ Million)
Table 10: North America Cocoa Market, by Product, 2021-2028 (In $ Million)
Table 11: North America Cocoa Market, by Type, 2021-2028 (In $ Million)
Table 12: North America Cocoa Market, by End-User, 2021-2028 (In $ Million)
Table 13: North America Cocoa Market, by Country, 2021-2028 (In $ Million)
List of Figures
Figure 1: Market Attractiveness Index
Figure 2: North America Cocoa Market, by Process, 2020 & 2028 (In %)
Figure 3: North America Cocoa Market, by Dutch Process, 2021-2028 (In $ Million)
Figure 4: North America Cocoa Market, by Natural Process, 2021-2028 (In $ Million)
Figure 5: North America Cocoa Market, by Quality, 2020 & 2028 (In %)
Figure 6: North America Cocoa Market, by Bulk, 2021-2028 (In $ Million)
Figure 7: North America Cocoa Market, by Specialty, 2021-2028 (In $ Million)
Figure 8: North America Cocoa Market, by Fine Flavor, 2021-2028 (In $ Million)
Figure 9: North America Cocoa Market, by Product, 2020 & 2028 (In %)
Figure 10: North America Cocoa Market, by Cocoa Liquor, 2021-2028 (In $ Million)
Figure 11: North America Cocoa Market, by Cocoa Powder, 2021-2028 (In $ Million)
Figure 12: North America Cocoa Market, by Cocoa Butter, 2021-2028 (In $ Million)
Figure 13: North America Cocoa Market, by Type, 2020 & 2028 (In %)
Figure 14: North America Cocoa Market, by Conventional, 2021-2028 (In $ Million)
Figure 15: North America Cocoa Market, by Organic, 2021-2028 (In $ Million)
Figure 16: North America Cocoa Market, by End-User, 2020 & 2028 (In %)
Figure 17: North America Cocoa Market, by Confectionery, 2021-2028 (In $ Million)
Figure 18: North America Cocoa Market, by Food & Beverages, 2021-2028 (In $ Million)
Figure 19: North America Cocoa Market, by Bakery, 2021-2028 (In $ Million)
Figure 20: North America Cocoa Market, by Other End-Users, 2021-2028 (In $ Million)
Figure 21: North America 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)
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Olam International Limited
Note: Product cover images may vary from those shown

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