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Cocoa Market Trends, Outlook and Overview and Forecast

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According to the report, one of the key drivers for market growth will be demand for origin-specific cocoa. The use of origin-specific cocoa, which is made from high-quality cocoa beans obtained from one specific region, has seen increased demand ov
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Cocoa Market Analysis, Share and Size, Emerging Trends, Overview
and Outlook, Growth And Segment Forecasts To 2020
Technavio Announces the Publication of its Research Report – Global Cocoa Market 2016-2020
Technavio recognizes the following companies as the key players in the global cocoa market: Archer
Daniels Midland, Barry Callebaut, Blommer Chocolate Company, Cargill, Cocoa Processing Company, and
Olam International.
Other Prominent Vendors in the market are: CEMOI, Daarnhouwer, Dutch Cocoa, Newtown Foods,
Puratos, The Hershey Company, and United Cocoa Processor.
Browse full report with TOC@ https://marketreportscenter.com/reports/349488/global-cocoa-market2016-2020
Commenting on the report, an analyst from Technavio’ s team said: “Rising demand for dark chocolates
will be a key trend for market growth. Dark chocolates contain flavonoids, compounds that play the role
of antioxidants. Flavonoids are useful in protecting cells from harmful molecules known as free radicals.
They also lower blood pressure and reduce bad cholesterol, i.e., low-density lipoprotein (LDL)
cholesterol, by about 10%. Dark chocolate has attracted health-conscious consumers, and the sales of
dark chocolate are increasing significantly worldwide, but particularly so in the US, China, the UK, Russia,
and Brazil.”
According to the report, one of the key drivers for market growth will be demand for origin-specific
cocoa. The use of origin-specific cocoa, which is made from high-quality cocoa beans obtained from one
specific region, has seen increased demand over the last few years. Mondel?z International's Cadbury
Bournville emphasizes that the rich cocoa of this fine dark chocolate comes from villages in Ghana. This
kind of origin-specific production can reach the emotional touchpoints of consumers.
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Further, the report states that fluctuating cocoa prices will be a challenge for the market. Cocoa prices
have been fluctuating for the past decade. The cocoa prices depend heavily on growing conditions and
can vary significantly from month to month. The volatile price of cocoa makes chocolate production
costs more volatile. Marketers of confectionery items are concerned about the fluctuating cocoa prices
as they are left unable to estimate their production costs on a yearly basis. As chocolate is the largest
selling confectionery item, accounting for 56% of the overall market value, the volatile cocoa prices have
become a major challenge for the confectionery market.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
Request A Sample copy of This Report @ https://marketreportscenter.com/request-sample/349488
About Cocoa
Cocoa is cultivated primarily in countries located in the belt between 10ºN and 10ºS of the equator on
account of the favorable climatic conditions. The demand for cocoa is increasing rapidly with the growth
of chocolate confectioneries and other end-products. Cocoa production is characterized by the presence
of small-scale farmers who have limited access to finance and technology, as well as dated skills. Cocoa
production is likely to grow over the next few years with the incorporation of modern agronomy
techniques for cocoa cultivation. The governments of most cocoa-producing countries are developing
infrastructure and encouraging cocoa cultivation to increase trade. Infrastructure in terms of
warehousing facilities and roads for transportation in regions such as Africa are expected to improve.
Political stability can greatly affect the supply potential of cocoa and hence is crucial for steady market
growth.
Technavio’ s analysts forecast the global cocoa market to grow at a CAGR of 3.14%, in terms of volume,
during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global cocoa market for 20162020. To calculate the market size, Technavio considers the consumption of cocoa in terms of volume in
major regions of the world such as the Americas, APAC, Europe, and ROW.
The market is divided into the following segments based on geography:
• Americas
• APAC
• Europe
• ROW
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Technavio's report, Global Cocoa Market 2016-2020, has been prepared based on an in-depth market
analysis with inputs from industry experts. The report covers the market landscape and its growth
prospects over the coming years. The report also includes a discussion of the key vendors operating in
this market.
To Get Discount On The Report @ https://marketreportscenter.com/request-discount/349488
Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)
[email protected]
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