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Global Cocoa Market Report, by Source Type, and by Geography - Trends and Forecast to 2025

Europe accounted for approximately 45% of the dark chocolate market and is expected to grow at the global level with an annual rate of 8% by 2019.

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Global Cocoa Market Report, by Source Type, and by Geography - Trends and Forecast to 2025

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  1. Cocoa Market- Global Industry Insight, Trends, Outlook, and Opportunity Analysis 2017-2025 © Coherent market Insights. All Rights Reserved

  2. REPORT DESCRIPTION Cocoa Market Overview Cocoa bean, also called as cacao bean are dried, fully fermented, and processed to extract cocoa butter, cocoa liquor, and cocoa powder. Forastero, trinitario, and criollo are the three main varieties of cocoa plant. Forastero beans are most widely consumed and comprises around 85% of the world production of cocoa. Major factors propelling growth of the market include growing demand for chocolate and chocolate coatings worldwide. Moreover, wide applicability of cocoa products such as cocoa butter, liquor, and powder, is considered as another factor supporting the overall growth of the market. Cocoa is extensively used in various products, including drinking chocolate, dark chocolate, sweet chocolate, baking chocolate, and milk chocolate. Cocoa products contains high flavonoids concentration, which helps in reducing cardiovascular problems. However, declining soil fertility, changing climate and weather conditions is adversely affecting the productivity of cocoa beans. According to the World Cocoa Foundation, variation in climate conditions significantly impacts the cultivation of cocoa in a number of ways including pest infestation and reduction in pod weight. Furthermore, the changing climatic conditions will lead to shrinkage of cocoa growing areas in leading cocoa producing countries such as Côte d’Ivoire and Ghana. This stands as one of the major factor restraining growth of the global cocoa market. © Coherent market Insights. All Rights Reserved

  3. REPORT DESCRIPTION Europe held a dominant position, in terms of revenue, in the global cocoa market and is expected to maintain its dominance over the forecast period, witnessing highest CAGR among all. According to the Center for the Promotion of Imports (CBI), Ministry of Foreign Affairs, in 2016, Europe accounted for more than half of global cocoa bean imports, with Germany, the Netherlands and Belgium being the largest importers in the region. Furthermore, the Netherlands is the major direct importer of cocoa beans from emerging economies such as Ivory Coast, Ghana, Cameroon, Nigeria, and Peru. According to CBI, European countries such as Czech Republic, Denmark, Finland, and Slovakia recorded highest annual growth rate in cocoa bean importing from emerging economies between 2010 and 2014. Moreover, the rising demand for specialty chocolate is fuelling demand for fine flavor cocoa in Europe. This in turn, supporting the overall growth of cocoa market in the region. Among source types, organic cocoa is expected to record the fastest growth, witnessing highest CAGR during the forecast period. Organic cocoa accounted for a small share in the cocoa market in 2016. Increasing demand for organic cocoa due to the increasing concern regarding the food safety coupled with environmental concerns among consumers. Request sample Copy of this Report:https://www.coherentmarketinsights.com/insight/request-sample/1056 © Coherent market Insights. All Rights Reserved

  4. REPORT DESCRIPTION Based on product types, the cocoa market is segmented into cocoa butter, cocoa liquor, and cocoa powder, with cocoa liquor being the major contributor in the growth of global cocoa market in 2016. Cocoa liquor is a pure chocolate and is a mixture of cocoa butter and cocoa powder. It is the key raw material for dark chocolate and milk chocolate. Moreover, it is also used in desserts, drinks, bakery products, ice cream, and ice cream coatings. Based on process, the market is segmented into dutch and natural process. Dutch process segment held a dominant position in the cocoa market in 2016. It is a type of cocoa that have been washed in the alkaline solution of potassium carbonate, in order to neutralize its acidity. The process also confer a darker color to cocoa powder. Major players operating in the global cocoa market include Archer Daniels Midland, Blommer Chocolate Company, Barry Callebaut, Cargill Inc., Cocoa Processing Company, Mars Incorporated, Carlyle Cocoa, The Hershey Company, Puratos Group, Lindt & Sprungli, and United Cocoa Processor Inc. To Get Discount on this Report: https://www.coherentmarketinsights.com/insight/request-discount/1056 © Coherent market Insights. All Rights Reserved

  5. ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. SERVICES CUSTOMIZED RESEARCH INDUSTRY ANALYSIS SYNDICATED RESEARCH COUNTRY SPECIFIC STUDIES MARKET INTELLIGENCE SERVICES CONSULT STUDIES © Coherent market Insights. All Rights Reserved

  6. ABOUT COHERENT MARKET INSIGHTS Industries we cater SECTOR COVERAGE Healthcare HEALTHCAR E IT CLINICAL DIAGNOSTIC BIOTECHNO LOGY PHARMACE UTICAL MEDICAL IMAGING Chemicals & Materials MEDICAL DEVICES Speciality and Fine Chemicals Bulk Advanced Materials Chemicals Green Chemicals Polymers & Resins Food Cosmetic Ingredients Ingredients © Coherent market Insights. All Rights Reserved

  7. ABOUT COHERENT MARKET INSIGHTS RESEARCH SOLUTIONS KEY STATS GLOBAL REPORTS FEASIBILITY STUDIES 100+ Insights Published Per Year COUNT RY ANALYS IS 150+ CONSUL T PROJECT S Consulting Projects Till Date 125+ SURVEY RESEAR CH EXCEL FORECAST DATABASE COMPETITI VE ASSESSMEN T Clients Worldwide Per Year 110+ TECHNOLOG Y SNIPPETS Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved

  8. THANK YOU To know more about us, visit our website: www.coherentmarketinsights.com For sales queries or new topics email us on: sales@coherentmarketinsights.com For other queries contact: Mr. Shah (Manager - Business Development) Coherent Market Insights sales@coherentmarketinsights.com +1-206-701-6702 © Coherent market Insights. All Rights Reserved

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