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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