Cocoa Ingredients Market Research Report —Forecast till 2028

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The cocoa ingredients market is projected to enlist a CAGR of 4.45% and arrive at a worth of USD 19,737.5 million by 2028.

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Cocoa Ingredients Market Research Report —Forecast till 2028

Market Overview
The cocoa ingredients market is projected to enlist a CAGR of 4.45% and arrive at a worth of USD 19,737.5 million by 2028.

Cocoa ingredients are subordinates of cocoa beans and are utimlized broadly for different purposes.

Cocoa ingredients come in a few structures which incorporate cocoa powder, cocoa alcohol, and cocoa spread. Cocoa ingredients are tracked down in two classifications like regular and natural. Aside from the candy parlors, cocoa ingredients track down enormous application in prepared items, dairy and frozen pastries, drinks, plunges, sauces, and dressings, and among others.

Not many of the critical explanations behind the development of the global cocoa ingredients market are imaginative bundling and expanding prominence of chocolate for giving inspiration followed by expected request of chocolate from different enterprises.

Additionally, developing interest for wellbeing and health items and developing interest for regular food ingredients are supposed to be prime open doors for market players. Be that as it may, rising rate of corpulence and other wellbeing concerns, fluctuating costs, and expanding wellbeing cognizance among buyers expected to hamper the development of global cocoa ingredients market during the years to come.

The rising fame of chocolate for the end goal of giving, developing interest for sound ingredients in chocolate items, and imaginative bundling fuel the market development.

Nonetheless, the rising rate of heftiness and other wellbeing concerns dials back market development. Market players are seeing a few valuable learning experiences because of developing interest for wellbeing and health items and tendency towards natural items. Expanding wellbeing cognizance among customers is a significant test looked by the makers of cocoa ingredients across the globe.

Segment Overview
Considering product type, the global cocoa ingredients market has been isolated into cocoa powder, cocoa alcohol, and cocoa margarine.

As far as the category, the global cocoa ingredients market has been isolated into regular and natural. Based on application, the global cocoa ingredients market has been partitioned into pastry kitchen and candy store, drinks, dairy and frozen treats, sweet and exquisite tidbits, plunges, sauces, and dressings, and others.

Regional Analysis
Geographically, the global cocoa ingredients market has been isolated into North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. Europe represented the biggest market portion of 31.10% in 2020.

Europe is the world’s biggest producer of chocolate. This district houses dessert shop production plants of a few global organizations like Nestle S.A., Mondelez International, Inc., Mars, Incorporated, Lindt and Sprüngli AG, and Ferrero SA. These enormous, sweet shop organizations significantly drive the utilization of cocoa ingredients in the Europe district.

Likewise, rising purchaser interest for regular ingredients in the food application for seasoning supports the deals of cocoa ingredients. Besides, Europe is among the critical markets for individual consideration and beauty care products production, which further adds to the development of the cocoa ingredients market in Europe.

Major Players
The key players in the global cocoa ingredients market are Archer Daniels Midland Company (US), Barry Callebaut (Switzerland), Olam International Ltd. (Singapore), Nestlé S.A. (Switzerland), Mondelēz International Inc (US), The Hershey Company (US), Ferrero SPA (Luxembourg), Chocoladefabriken Lindt & Sprüngli AG (Zürich), SunOpta Inc. (US), and Puratos Group (Belgium).

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Table of Contents

TABLE OF CONTENTS 1 EXECUTIVE SUMMARY 20 1.1 MARKET ATTRACTIVENESS ANALYSIS 21 1.1.1 GLOBAL COCOA INGREDIENTS MARKET, BY PRODUCT TYPE 22 1.1.2 GLOBAL COCOA INGREDIENTS MARKET, BY CATEGORY 23 1.1.3 GLOBAL COCOA INGREDIENTS MARKET, BY APPLICATION 24 1.1.4 GLOBAL COCOA INGREDIENTS MARKET, BY REGION 25 2 MARKET INTRODUCTION 26 2.1 SCOPE OF THE STUDY 26 2.2 RESEARCH OBJECTIVE 26 2.3 MARKET STRUCTURE 27 2.4 KEY BUYING CRITERIA 27 3 RESEARCH METHODOLOGY 28 3.1 RESEARCH PROCESS 28 3.2 PRIMARY RESEARCH 29 3.3 SECONDARY RESEARCH 30 3.4 MARKET SIZE ESTIMATION 31 3.5 FORECAST MODEL 32 3.6 LIST OF ASSUMPTIONS & LIMITATIONS 32 4 MARKET INSIGHTS 33 5 MARKET DYNAMICS 36 5.1 INTRODUCTION 36 5.2 DRIVERS 37 5.2.1 CREATIVE PACKAGING AND INCREASING POPULARITY OF CHOCOLATE FOR GIFTING PURPOSES 37 5.2.2 POTENTIAL DEMAND OF CHOCOLATE FROM VARIOUS INDUSTRIES 37 5.2.3 DRIVERS IMPACT ANALYSIS 38 5.3 RESTRAINT 38 5.3.1 RISING INCIDENCE OF OBESITY AND OTHER HEALTH CONCERNS 38 5.3.2 FLUCTUATING PRICES 39 5.3.3 RESTRAINT IMPACT ANALYSIS 39 5.4 OPPORTUNITIES 40 5.4.1 GROWING DEMAND FOR HEALTH & WELLNESS PRODUCTS 40 5.4.2 GROWING DEMAND FOR NATURAL FOOD INGREDIENTS 40 5.5 CHALLENGES 40 5.5.1 INCREASING HEALTH CONSCIOUSNESS AMONG CONSUMERS 40 6 MARKET FACTOR ANALYSIS 41 6.1 VALUE CHAIN ANALYSIS 41 6.1.1 RAW MATERIAL PROCUREMENT 42 6.1.2 PROCESSING 42 6.1.3 PACKAGING 42 6.2 SUPPLY CHAIN ANALYSIS 43 6.3 PORTER'S FIVE FORCES MODEL 44 6.3.1 THREAT OF NEW ENTRANTS 44 6.3.2 BARGAINING POWER OF SUPPLIERS 45 6.3.3 THREAT OF SUBSTITUTES 45 6.3.4 BARGAINING POWER OF BUYERS 45 6.3.5 INTENSITY OF RIVALRY 45 7 IMPACT OF THE COVID-19 OUTBREAK ON THE GLOBAL COCOA INGREDIENTS MARKET 46 7.1 OVERVIEW 46 7.1.1 IMPACT ON PRODUCTION: 46 7.1.2 IMPACT ON SUPPLY CHAIN 46 7.1.3 IMPACT ON END-USE APPLICATION AREAS 47 7.1.4 OTHERS: 47 8 GLOBAL COCOA INGREDIENTS MARKET, BY PRODUCT TYPE 48 8.1 OVERVIEW 48 8.1.1 GLOBAL COCOA INGREDIENTS MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2019–2028 49 8.2 COCOA POWDER 49 8.2.1 COCOA POWDER: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 50 8.3 COCOA LIQUOR 51 8.3.1 COCOA LIQUOR: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 51 8.4 COCOA BUTTER 52 8.4.1 COCOA BUTTER: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 52 9 GLOBAL COCOA INGREDIENTS MARKET, BY CATEGORY 53 9.1 OVERVIEW 53 9.1.1 GLOBAL COCOA INGREDIENTS MARKET ESTIMATES & FORECAST, BY CATEGORY, 2019–2028 54 9.2 CONVENTIONAL 54 9.2.1 CONVENTIONAL: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 55 9.3 ORGANIC 55 9.3.1 ORGANIC: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 56 10 GLOBAL COCOA INGREDIENTS MARKET, BY APPLICATION 57 10.1 OVERVIEW 57 10.1.1 GLOBAL COCOA INGREDIENTS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019–2028 58 10.2 BAKERY & CONFECTIONERY 59 10.2.1 BAKERY & CONFECTIONERY: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 59 10.3 BEVERAGES 60 10.3.1 BEVERAGES: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 60 10.4 DAIRY & FROZEN DESSERTS 61 10.4.1 DAIRY & FROZEN DESSERTS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 61 10.5 SWEET & SAVORY SNACKS 62 10.5.1 SWEET & SAVORY SNACKS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 62 10.6 DIPS, SAUCES, & DRESSINGS 63 10.6.1 DIPS, SAUCES, & DRESSINGS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 63 10.7 OTHERS 64 10.7.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 64 11 GLOBAL COCOA INGREDIENTS MARKET, BY REGION 65 11.1 OVERVIEW 65 11.1.1 GLOBAL COCOA INGREDIENTS MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 66 11.2 NORTH AMERICA 68 11.2.1 NORTH AMERICA COCOA INGREDIENTS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2028 68 11.2.2 NORTH AMERICA COCOA INGREDIENTS MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2019–2028 69 11.2.3 NORTH AMERICA COCOA INGREDIENTS MARKET ESTIMATES & FORECAST, BY CATEGORY, 2019–2028 70 11.2.4 NORTH AMERICA COCOA INGREDIENTS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019–2028 71 11.2.5 US 72 11.2.6 CANADA 74 11.2.7 MEXICO 76 11.3 EUROPE 79 11.3.1 EUROPE COCOA INGREDIENTS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2028 80 11.3.2 EUROPE COCOA INGREDIENTS MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2019–2028 81 11.3.3 EUROPE COCOA INGREDIENTS MARKET ESTIMATES & FORECAST, BY CATEGORY, 2019–2028 81 11.3.4 EUROPE COCOA INGREDIENTS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019–2028 82 11.3.5 UK 83 11.3.6 GERMANY 85 11.3.7 FRANCE 88 11.3.8 ITALY 90 11.3.9 SPAIN 92 11.3.10 BELGIUM 94 11.3.11 REST OF EUROPE 97 11.4 ASIA-PACIFIC 100 11.4.1 ASIA-PACIFIC COCOA INGREDIENTS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2028 101 11.4.2 ASIA-PACIFIC COCOA INGREDIENTS MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2019–2028 102 11.4.3 ASIA-PACIFIC COCOA INGREDIENTS MARKET ESTIMATES & FORECAST, BY CATEGORY, 2019–2028 102 11.4.4 ASIA-PACIFIC COCOA INGREDIENTS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019–2028 103 11.4.5 CHINA 104 11.4.6 INDIA 106 11.4.7 JAPAN 109 11.4.8 AUSTRALIA & NEW ZEALAND 111 11.4.9 MALAYSIA 113 11.4.10 INDONESIA 115 11.4.11 THAILAND 118 11.4.12 REST OF ASIA-PACIFIC 120 11.5 SOUTH AMERICA 123 11.5.1 SOUTH AMERICA COCOA INGREDIENTS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2028 123 11.5.2 SOUTH AMERICA COCOA INGREDIENTS MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2019–2028 124 11.5.3 SOUTH AMERICA COCOA INGREDIENTS MARKET ESTIMATES & FORECAST, BY CATEGORY, 2019–2028 125 11.5.4 SOUTH AMERICA COCOA INGREDIENTS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019–2028 126 11.5.5 BRAZIL 127 11.5.6 ARGENTINA 129 11.5.7 REST OF SOUTH AMERICA 131 11.6 MIDDLE EAST & AFRICA 134 11.6.1 MIDDLE EAST & AFRICA COCOA INGREDIENTS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2028 134 11.6.2 MIDDLE EAST & AFRICA COCOA INGREDIENTS MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2019–2028 135 11.6.3 MIDDLE EAST & AFRICA COCOA INGREDIENTS MARKET ESTIMATES & FORECAST, BY CATEGORY, 2019–2028 136 11.6.4 MIDDLE EAST & AFRICA COCOA INGREDIENTS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019–2028 137 11.6.5 GCC COUNTRIES 138 11.6.6 SOUTH AFRICA 140 11.6.7 REST OF THE MIDDLE EAST & AFRICA 142 12.3 KEY DEVELOPMENTS AND GROWTH STRATEGIES 148 12.3.1 ACQUISITIONS 148 12.3.2 PRODUCT DEVELOPMENTS 148 13 COMPANY PROFILES 149 13.1 ARCHER DANIELS MIDLAND COMPANY 149 13.1.1 COMPANY OVERVIEW 149 13.1.2 FINANCIAL OVERVIEW 150 13.1.3 PRODUCTS OFFERED 150 13.1.4 KEY DEVELOPMENTS 151 13.1.5 SWOT ANALYSIS 151 13.1.6 KEY STRATEGIES 151 13.2 BARRY CALLEBAUT 152 13.2.1 COMPANY OVERVIEW 152 13.2.2 FINANCIAL OVERVIEW 153 13.2.3 PRODUCTS OFFERED 154 13.2.4 KEY DEVELOPMENTS 154 13.2.5 SWOT ANALYSIS 155 13.2.6 KEY STRATEGIES 155 13.3 OLAM INTERNATIONAL LTD. 156 13.3.1 COMPANY OVERVIEW 156 13.3.2 FINANCIAL OVERVIEW 157 13.3.3 PRODUCTS OFFERED 157 13.3.4 KEY DEVELOPMENTS 158 13.3.5 SWOT ANALYSIS 158 13.3.6 KEY STRATEGIES 158 13.4 NESTLÉ S.A. 159 13.4.1 COMPANY OVERVIEW 159 13.4.2 FINANCIAL OVERVIEW 162 13.4.3 PRODUCTS OFFERED 162 13.4.4 KEY DEVELOPMENTS 163 13.4.5 SWOT ANALYSIS 163 13.4.6 KEY STRATEGIES 163 13.5 MONDELĒZ INTERNATIONAL, INC. 164 13.5.1 COMPANY OVERVIEW 164 13.5.2 FINANCIAL OVERVIEW 165 13.5.3 PRODUCTS OFFERED 165 13.5.4 KEY DEVELOPMENTS 166 13.5.5 SWOT ANALYSIS 166 13.5.6 KEY STRATEGIES 166 13.6 THE HERSHEY COMPANY 167 13.6.1 COMPANY OVERVIEW 167 13.6.2 FINANCIAL OVERVIEW 168 13.6.3 PRODUCTS OFFERED 168 13.6.4 KEY DEVELOPMENTS 169 13.6.5 SWOT ANALYSIS 169 13.6.6 KEY STRATEGIES 169 13.7 FERRERO SPA 170 13.7.1 COMPANY OVERVIEW 170 13.7.2 FINANCIAL OVERVIEW 170 13.7.3 PRODUCTS OFFERED 171 13.7.4 KEY DEVELOPMENTS 171 13.7.5 SWOT ANALYSIS 171 13.7.6 KEY STRATEGIES 172 13.8 CHOCOLADEFABRIKEN LINDT & SPRÜNGLI AG 173 13.8.1 COMPANY OVERVIEW 173 13.8.2 FINANCIAL OVERVIEW 174 13.8.3 PRODUCTS OFFERED 174 13.8.4 KEY DEVELOPMENTS 175 13.8.5 SWOT ANALYSIS 175 13.8.6 KEY STRATEGIES 175 13.9 SUNOPTA, INC. 176 13.9.1 COMPANY OVERVIEW 176 13.9.2 FINANCIAL OVERVIEW 177 13.9.3 PRODUCTS OFFERED 177 13.9.4 KEY DEVELOPMENTS 177 13.10 JB COCOA SDN. BHD. 178 13.10.1 COMPANY OVERVIEW 178 13.10.2 FINANCIAL OVERVIEW 179 13.10.3 PRODUCTS OFFERED 179 13.10.4 KEY DEVELOPMENTS 179 13.11 GUAN CHONG BERHAD 180 13.11.1 COMPANY OVERVIEW 180 13.11.2 FINANCIAL OVERVIEW 181 13.11.3 PRODUCTS OFFERED 181 13.11.4 KEY DEVELOPMENTS 182 13.12 PURATOS GROUP 183 13.12.1 COMPANY OVERVIEW 183 13.12.2 FINANCIAL OVERVIEW 183 13.12.3 PRODUCTS OFFERED 183 13.12.4 KEY DEVELOPMENTS 184 13.13 COCOA PROCESSING COMPANY 185 13.13.1 COMPANY OVERVIEW 185 13.13.2 FINANCIAL OVERVIEW 185 13.13.3 PRODUCTS OFFERED 185 13.13.4 KEY DEVELOPMENTS 185 13.14 MARS INCORPORATED 186 13.14.1 COMPANY OVERVIEW 186 13.14.2 FINANCIAL OVERVIEW 186 13.14.3 PRODUCTS OFFERED 186 13.14.4 KEY DEVELOPMENTS 186 13.15 UNITED COCOA PROCESSORS INC. 187 13.15.1 COMPANY OVERVIEW 187 13.15.2 FINANCIAL OVERVIEW 187 13.15.3 PRODUCTS OFFERED 187 13.15.4 KEY DEVELOPMENTS 187 13.16 CARGILL INCORPORATED 188 13.16.1 COMPANY OVERVIEW 188 13.16.2 FINANCIAL OVERVIEW 188 13.16.3 PRODUCTS OFFERED 188 13.16.4 KEY DEVELOPMENTS 188 13.17 BLOMMER CHOCOLATE COMPANY 189 13.17.1 COMPANY OVERVIEW 189 13.17.2 FINANCIAL OVERVIEW 189 13.17.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 190 13.17.4 KEY DEVELOPMENTS 190 13.18 TOUTON S.A. 191 13.18.1 COMPANY OVERVIEW 191 13.18.2 FINANCIAL OVERVIEW 191 13.18.3 PRODUCTS OFFERED 191 13.18.4 KEY DEVELOPMENTS 191 13.19 ALTINMARKA GIDA SAN. VE TIC. A.Ş 192 13.19.1 COMPANY OVERVIEW 192 13.19.2 FINANCIAL OVERVIEW 192 13.19.3 PRODUCTS OFFERED 192 13.19.4 KEY DEVELOPMENTS 192 13.20 ECOM AGROINDUSTRIAL CORPORATION LTD. 193 13.20.1 COMPANY OVERVIEW 193 13.20.2 FINANCIAL OVERVIEW 193 13.20.3 PRODUCTS OFFERED 193 13.20.4 KEY DEVELOPMENTS 193 14 APPENDIX 194 14.1 REFERENCES 194

Companies Mentioned

Archer Daniels Midland Company (US), Barry Callebaut (Switzerland), Olam International Ltd. (Singapore), Nestlé S.A. (Switzerland), Mondelēz International Inc (US), The Hershey Company (US), Ferrero SPA (Luxembourg), Chocoladefabriken Lindt & Sprüngli AG (Zürich), SunOpta Inc. (US), and Puratos Group (Belgium)

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