The
global market for cocoa has been studied in a detailed market
research report by Transparency Market Research. The report, titled
“Cocoa Market - Global Industry Analysis, Size, Share, Growth,
Trends And Forecast, 2013 – 2019,” presents an expansive analysis
of the key macro and micro factors that are essential for the growth
and profitability of companies operating in the global
cocoa market.
Cocoa,
being a key ingredient in chocolates, cosmetic products, liqueurs,
and several other products in the food and beverages industry, enjoys
steady demand from across the globe. Although the ingredient has been
in use for several centuries, its use in new and innovative
applications has led to significant expansion of the global cocoa
market in the recent past. The report presents a complete overview of
the major trends in the market and key factors that will drive or
restrain the market’s growth and have an impact on the overall
development of the market over the report’s forecast period.
The
report states that the global cocoa market will be driven by the
rising global demand for chocolate and chocolate coatings. Cocoa
finds major application in dark chocolate, milk chocolate, drinking
chocolate, sweet chocolate, baking chocolate, and several cosmetic
products. These traditional uses of cocoa are expected to be the
major growth inducers for the global cocoa market in the coming
years.
However,
factors such as the rising health concerns regarding the high sugar
content in most cocoa-based products are projected to restrain the
overall growth of the global cocoa market to a certain extent over
the report’s forecast period. The rising population of diabetics
across the globe and the resultant rise in the demand for sugar-free
products is a major opportunity that cocoa-based product
manufacturers should go for.
On
a geographical front, the cocoa market is dominated by the leading
producers of cocoa and cocoa products, which include countries such
as Belgium, Ghana, Switzerland, and the United Kingdom.
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The
report also presents a detailed overview of the competitive scenario
of the global cocoa market with the help of comprehensive data about
the business strategies, finances, recent developments, and other
details pertaining to some of the major vendors operating in the
market. The report includes profiles of companies such as Belcolade
NV, Wilbur Chocolate Company Inc., Ferrero S.P.A., Cargill Cocoa &
Chocolate, Kraft Foods Inc., Blommer Chocolate Company, Guan Chong
Cocoa Manufacturer Sdn. Bhd., Petra Foods Limited, Archer Daniels
Midland Company, Delfi Cocoa, Barry Callebaut AG, Majulah Koko Tawau
Sdn Bhd, World's Finest Chocolate Inc., Dagoba Organic Chocolate, ADM
Schokinag GmbH & Co. KG, Transmar Commodity Group Ltd, and AH
Cacao Real Chocolate.
About
Us
Transparency
Market Research (TMR) is a global market intelligence company
providing business information reports and services. The company’s
exclusive blend of quantitative forecasting and trend analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of analysts, researchers, and consultants
use proprietary data sources and various tools and techniques to
gather and analyze information.
TMR’s
data repository is continuously updated and revised by a team of
research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
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