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Global Cocoa Market Outlook Report: Industry Size, Competition, Trends and Growth Opportunities by Region, YoY Forecasts from 2024 to 2031

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  • 144 Pages
  • June 2024
  • Region: Global
  • OG Analysis
  • ID: 5800305
UP TO OFF until Jul 31st 2024
The Global Cocoa Market Research Report is a comprehensive and insightful analysis designed to assist stakeholders, managers, top management, and decision-makers in identifying the latest trends, growth potential, and winning strategies specific to the Cocoa market. The report evaluates key developments from 2023 to 2024 and analyses growth opportunities in the Cocoa Market over the next eight years, with precise annual forecasts till 2031.

The dynamic shifts induced by international geopolitical conditions affecting the Cocoa supply, logistics, and fluctuations in consumer demand amidst volatile economic conditions, underscore the imperative for business entities to exercise heightened vigilance and forward-thinking strategies to sustain a competitive advantage. The financial and social impact varies significantly across different countries and markets necessitating Cocoa market players to develop strategies tailored to a country's specific market conditions.

Cocoa Market Data, Segmentation and Growth Outlook

The research report provides in-depth Cocoa market data including current Cocoa industry size, Cocoa Market Share, and Growth Rates (CAGR) by product types, applications, and end-users with annual forecast till 2031.

The study provides a strategic insight into the Cocoa market across five major geographical regions and key country levels, with corresponding future potential. This enables the client to identify the most potential segment from their growth rates with future drivers and challenges.

The research considered 2019 to 2022 as historical years, 2023 as the base year, and 2024 as the estimated year, with an outlook from 2025 to 2031. The report identifies the most profitable products of the Cocoa market to promote, dominant end users/Cocoa consumers to focus on, and evolving distribution channels of the Cocoa to explore, in each region.

Future of Cocoa Market - Driving Factors and Hindering Challenges

Cocoa Market Revenue is expected to grow at a healthy CAGR propelled by staggering demand from millennials and emerging markets. Technological advances in the Cocoa market enabling efficient production, expanding product portfolio, sophisticated design and packaging, effective operational maintenance, and sales monitoring are key growth drivers.

However, supply chain disruptions, complying with stringent regulations on food safety and labeling, growing competition, sustaining inflation in key markets, and fluctuating raw material prices surging input costs are some of the Cocoa market restraints over the forecast period.

Prevailing trends across the entirety of the food and beverage sector encompass:

  • The exponential growth of plant-based alternatives continues to disrupt traditional markets, fuelled by increasing consumer awareness of health and environmental concerns
  • The accelerated adoption of online platforms for Cocoa purchases is reshaping distribution channels and customer engagement
  • Sustainable packaging solutions and innovations in materials are becoming pivotal as the industry addresses environmental concerns
  • Increased spending on functional and Healthy foods that help boost the immune system
  • Companies are increasingly implementing blockchain and other Internet of Things (IoT) technologies to effectively manage the procurement, processing, and distribution of Cocoa products
  • Organic, Vegan, bio-based, Canned/Ready-to-Eat (RTE), clean label, and sustainable are identified as the top-performing strategies
  • Mergers and acquisitions to acquire new technologies, strengthen portfolios, and leverage capabilities to remain key strategies of top companies in the Cocoa industry over the outlook period.

Cocoa Market Analytics

The research analyses various direct and indirect forces that can impact the Cocoa market supply and demand conditions. The parent market, derived market, intermediaries’ market are analyzed to evaluate the full supply chain and possible alternatives and substitutes. Geopolitical analysis, demographic analysis, and Porter’s five forces analysis are prudently assessed to estimate the best Cocoa market projections.

Recent deals and developments are considered for their potential impact on Cocoa's future business. Other metrics analyzed include Threat of New Entrants, Threat of Substitutes, Degree of Competition, Number of Suppliers, Distribution Channel, Capital Needed, Entry Barriers, Govt. Regulations, Beneficial Alternative, and Cost of Substitute in Cocoa Market.

Cocoa trade and price analysis helps comprehend Cocoa's international market scenario with top exporters/suppliers and top importers/customer information. The data and analysis assist our clients in planning procurement, identifying potential vendors/clients to associate with, understanding Cocoa price trends and patterns, and exploring new Cocoa sales channels. The research will be updated to the latest month to include the impact of the latest developments.

Cocoa Market Competitive Intelligence

A proprietary company revenue and product analysis model unveils the Cocoa market structure and competitive landscape. Company profiles of key players with a business description, product portfolio, SWOT analysis, Financial Analysis, and key strategies are covered in the report. It identifies top-performing Cocoa products in global and regional markets. New Product Launches, Investment & Funding updates, Mergers & Acquisitions, Collaboration & Partnership, Awards and Agreements, Expansion, and other developments give our clients the Cocoa market update to stay ahead of the competition.

Company offerings in different segments across Asia-Pacific, Europe, Middle East, Africa, and South and Central America are presented to better understand the company strategy for the Cocoa market. The competition analysis enables the user to assess competitor strategies and helps align their capabilities and resources for future growth prospects to improve their market share.

Cocoa Market Geographic Analysis

Cocoa Market's international scenario is well established in the report with separate chapters on North America Cocoa Market, Europe Cocoa Market, Asia-Pacific Cocoa Market, Middle East and Africa Cocoa Market, and South and Central America Cocoa Markets. These sections further fragment the regional Cocoa market by type, application, end-user, and country.

Country-level intelligence includes:

  • North America Cocoa Industry (United States, Canada, Mexico)
  • Europe Cocoa Industry (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific Cocoa Industry (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa Cocoa Industry (Middle East, Africa)
  • South and Central America Cocoa Industry (Brazil, Argentina, Rest of SCA)
Cocoa market regional insights present the most promising markets to invest in and emerging markets to expand to contemporary regulations to adhere to and players to partner with.

Research Methodology in Brief

The study was conducted using an objective combination of primary and secondary information including inputs and validations from real-time industry experts.

The proprietary process culls out necessary data from internal databases developed over 15 years and updated accessing 10,000+ sources daily including Cocoa Industry associations, organizations, publications, trade, and other statistical sources.

An in-depth product and revenue analysis is performed on top Cocoa industry players along with their business and geography segmentation.

Receive primary inputs from subject matter experts working across the Cocoa value chain in various designations. Paid databases are often used for any additional data requirements or validations.

In-house experts utilizing sophisticated methods including data triangulation, will connect the dots and establish a clear picture of the current Cocoa market conditions, market size, and market shares.

The research team studies the value chain, parent and ancillary markets, technology trends, recent developments, and influencing factors to identify demand drivers/variables in the short, medium, and long term.

Various statistical models including correlation analysis are performed with careful analyst intervention to include seasonal and other variables to analyze different scenarios of the future Cocoa market in different countries.

These primary numbers, assumptions, variables, and their weightage are circulated to the expert panel for validation and a detailed standard report is published in an easily understandable format.

Available Customizations

The standard syndicate report is designed to serve the common interests of Cocoa Market players across the value chain and include selective data and analysis from entire research findings as per the scope and price of the publication.

However, to precisely match the specific research requirements of individual clients, the analyst offers several customization options to include the data and analysis of interest in the final deliverable.

Some of the customization requests are as mentioned below:

  • Segmentation of choice - clients can seek customization to modify/add a market division for types/applications/end-uses/processes of their choice.
  • Cocoa Pricing and Margins Across the Supply Chain, Cocoa Price Analysis/International Trade Data/Import-Export Analysis, Supply Chain Analysis, Supply-Demand Gap Analysis, PESTLE Analysis, Macro-Economic Analysis, and other Cocoa market analytics
  • Processing and manufacturing requirements, Patent Analysis, Technology Trends, and Product Innovations
  • Further, the client can seek customization to break down geographies as per their requirements for specific countries/country groups such as South East Asia, Central Asia, Emerging and Developing Asia, Western Europe, Eastern Europe, Benelux, Emerging and Developing Europe, Nordic countries, North Africa, Sub-Saharan Africa, Caribbean, The Middle East and North Africa (MENA), Gulf Cooperation Council (GCC) or any other.
  • Capital Requirements, Income Projections, Profit Forecasts, and other parameters to prepare a detailed project report to present to Banks/Investment Agencies.
Clients can avail of up to 10% free customization with the purchase of this report.

Key Questions Answered in This Report:

  • What is the current Cocoa market size at global, regional, and country levels?
  • What is the market penetration by different types, Applications, processes/technologies, and distribution channels of the Cocoa market?
  • How has the global Cocoa market developed in past years and how will it perform in the coming years?
  • What is the impact of ongoing wars, geo-political tensions, voyage/trade disturbances, and global inflation, on the Cocoa market forecast?
  • How diversified is the Cocoa Market and what are the new product launches, untapped geographies, recent developments, and investments?
  • What are the potential regional Cocoa markets to invest in?
  • What is the high-performing type of products to focus on in the Cocoa market?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global Cocoa market and who are the key players?
  • What is the degree of competition in the industry?
  • What is the market structure/Cocoa Market Competitive Intelligence? Who are the key competitors to focus on and what are their strategies?

This product will be delivered within 1-3 business days.

Table of Contents

1. Table of Contents
1.1 List of Tables
1.2 List of Figures
2. Global Cocoa Market Summary, 2023
2.1 Cocoa Industry Overview
2.1.1 Global Cocoa Market Revenues ($ Million)
2.2 Cocoa Market Scope
2.3 Research Methodology
3. Cocoa Market Insights, 2023-2031
3.1 Cocoa Market Drivers
3.2 Cocoa Market Restraints
3.3 Cocoa Market Opportunities
3.4 Cocoa Market Challenges
3.5 Cocoa Market Latest Trends
4. Cocoa Market Analytics
4.1 Cocoa Market Size and Share, Key Products, 2023 vs 2031
4.2 Cocoa Market Size and Share, Dominant Applications, 2023 vs 2031
4.3 Cocoa Market Size and Share, Leading End Uses, 2023 vs 2031
4.4 Cocoa Market Size and Share, High Prospect Countries, 2023 vs 2031
4.5 Five Forces Analysis for the Global Cocoa Market
4.5.1 Cocoa Industry Attractiveness Index, 2023
4.5.2 Cocoa Supplier Intelligence
4.5.3 Cocoa Buyer Intelligence
4.5.4 Cocoa Competition Intelligence
4.5.5 Cocoa Product Alternatives and Substitutes Intelligence
4.5.6 Cocoa Market Entry Intelligence
5. Global Cocoa Market Statistics - Industry Revenue, Market Share, Growth Trends and Forecast by Segments, to 2031
5.1 World Cocoa Market Size, Potential and Growth Outlook, 2024-2031 ($ Million)
5.1 Global Cocoa Sales Outlook and CAGR Growth by Type, 2024-2031 ($ Million)
5.2 Global Cocoa Sales Outlook and CAGR Growth by Application, 2024-2031 ($ Million)
5.3 Global Cocoa Sales Outlook and CAGR Growth by End-User, 2024-2031 ($ Million)
5.4 Global Cocoa Market Sales Outlook and Growth by Region, 2024-2031 ($ Million)
6. Asia-Pacific Cocoa Industry Statistics - Market Size, Share, Competition and Outlook
6.1 Asia-Pacific Cocoa Market Insights, 2023
6.2 Asia-Pacific Cocoa Market Revenue Forecast by Type, 2024-2031 (USD Million)
6.3 Asia-Pacific Cocoa Market Revenue Forecast by Application, 2024-2031 (USD Million)
6.4 Asia-Pacific Cocoa Market Revenue Forecast by End-User, 2024-2031 (USD Million)
6.5 Asia-Pacific Cocoa Market Revenue Forecast by Country, 2024-2031 (USD Million)
6.5.1 China Cocoa Market Trends, Opportunities, Growth 2024-2031
6.5.2 India Cocoa Market Trends, Opportunities, Growth 2024-2031
6.5.3 Japan Cocoa Market Trends, Opportunities, Growth 2024-2031
6.5.4 Australia Cocoa Market Trends, Opportunities, Growth 2024-2031
6.5.5 Indonesia Cocoa Market Trends, Opportunities, Growth 2024-2031
6.5.6 Thailand Cocoa Market Trends, Opportunities, Growth 2024-2031
6.5.7 South Korea Cocoa Market Trends, Opportunities, Growth 2024-2031
7. Europe Cocoa Market Data, Penetration, and Business Prospects to 2031
7.1 Europe Cocoa Market Key Findings, 2023
7.2 Europe Cocoa Market Size and Percentage Breakdown by Type, 2024-2031 (USD Million)
7.3 Europe Cocoa Market Size and Percentage Breakdown by Application, 2024-2031 (USD Million)
7.4 Europe Cocoa Market Size and Percentage Breakdown by End-User, 2024-2031 (USD Million)
7.5 Europe Cocoa Market Size and Percentage Breakdown by Country, 2024-2031 (USD Million)
7.5.1 Germany Cocoa Market Size, Trends, Growth Outlook to 2031
7.5.2 United Kingdom Cocoa Market Size, Trends, Growth Outlook to 2031
7.5.2 France Cocoa Market Size, Trends, Growth Outlook to 2031
7.5.2 Italy Cocoa Market Size, Trends, Growth Outlook to 2031
7.5.2 Spain Cocoa Market Size, Trends, Growth Outlook to 2031
8. North America Cocoa Market Size, Growth Trends, and Future Prospects to 2031
8.1 North America Snapshot, 2023
8.2 North America Cocoa Market Analysis and Outlook by Type, 2024-2031 ($ Million)
8.3 North America Cocoa Market Analysis and Outlook by Application, 2024-2031 ($ Million)
8.4 North America Cocoa Market Analysis and Outlook by End-User, 2024-2031 ($ Million)
8.5 North America Cocoa Market Analysis and Outlook by Country, 2024-2031 ($ Million)
8.5.1 United States Cocoa Market Size, Share, Growth Trends and Forecast, 2024-2031
8.5.1 Canada Cocoa Market Size, Share, Growth Trends and Forecast, 2024-2031
8.5.1 Mexico Cocoa Market Size, Share, Growth Trends and Forecast, 2024-2031
9. South and Central America Cocoa Market Drivers, Challenges, and Future Prospects
9.1 Latin America Cocoa Market Data, 2023
9.2 Latin America Cocoa Market Future by Type, 2024-2031 ($ Million)
9.3 Latin America Cocoa Market Future by Application, 2024-2031 ($ Million)
9.4 Latin America Cocoa Market Future by End-User, 2024-2031 ($ Million)
9.5 Latin America Cocoa Market Future by Country, 2024-2031 ($ Million)
9.5.1 Brazil Cocoa Market Size, Share and Opportunities to 2031
9.5.2 Argentina Cocoa Market Size, Share and Opportunities to 2031
10. Middle East Africa Cocoa Market Outlook and Growth Prospects
10.1 Middle East Africa Overview, 2023
10.2 Middle East Africa Cocoa Market Statistics by Type, 2024-2031 (USD Million)
10.3 Middle East Africa Cocoa Market Statistics by Application, 2024-2031 (USD Million)
10.4 Middle East Africa Cocoa Market Statistics by End-User, 2024-2031 (USD Million)
10.5 Middle East Africa Cocoa Market Statistics by Country, 2024-2031 (USD Million)
10.5.1 Middle East Cocoa Market Value, Trends, Growth Forecasts to 2031
10.5.2 Africa Cocoa Market Value, Trends, Growth Forecasts to 2031
11. Cocoa Market Structure and Competitive Landscape
11.1 Key Companies in Cocoa Industry
11.2 Cocoa Business Overview
11.3 Cocoa Product Portfolio Analysis
11.4 Financial Analysis
11.5 SWOT Analysis
12 Appendix
12.1 Global Cocoa Market Volume (Tons)
12.1 Global Cocoa Trade and Price Analysis
12.2 Cocoa Parent Market and Other Relevant Analysis
12.3 Publisher Expertise
12.2 Cocoa Industry Report Sources and Methodology

Companies Mentioned

  • United Cocoa Processor, Inc
  • Nestle S.A
  • Touton S.A
  • The Barry Callebaut Group
  • SunOpta, Inc
  • Newtown Foods, Inc
  • Puratos Group NV
  • Mars, Inc
  • The Hershey Company
  • Cargill Corporation