According to a recent survey conducted by ChemView Consulting, the Global Cocoa Market grew at a CAGR of 4.6% between 2017-2021 and is estimated to be US$ 14973.1 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 4.4% and is expected to reach a valuation of US$ 23,031.2 Mn by 2032 end.
Cacao Ammunition is one of the by-products of cocoa beans purchased in chocolate shops. Dried and fermented cocoa beans are the main raw material for the production of all types of cocoa products, and cocoa shells are one of the cocoa bean by-products obtained in the chocolate industry. There are three types of by-products produced during cocoa processing: cocoa husks, cocoa bean husks and cocoa slime.
In addition, increasing disposable incomes, improving retail distribution channels, increasing availability of foreign brands, and use of cocoa in snack food categories such as sweet biscuits are expected to contribute significantly to the market growth. Demand for cocoa, which is used to make scrubs, ointments, creams, face masks, tonics and lotions, will remain high.
Alter Eco Chocolate is organic and fair trade. They have a great selection of dark chocolate bars. Containing 85% cocoa, the Dark Blackout Bar is the richest chocolate available. Made from 50-58% cocoa butter (and 42-50% cocoa solids), this chocolate liqueur contains no sugar. The cacao tree is native to Central and South America, and the fruit is used to make chocolate. The pods are the fruit and each pod contains about 40 cocoa beans. To make cocoa beans, the beans are dehydrated and cooked.
Increasing demand for products in various industrial applications such as confectionery and beverages is driving the development of the market. The health benefits of cocoa products such as lowering blood pressure, controlling diabetes and preventing heart disease have increased the use of cocoa ingredients in dark chocolate.
Chocolate is high in sugar and saturated fat. It is a high-energy (high-calorie) product, and consuming too much of it can lead to weight gain, a risk factor for cardiovascular disease. Beans, lentils, fruits, and vegetables are all good sources of polyphenols. . Cocoa products such as unsweetened cocoa powder, nibs, and dark chocolate are rich in minerals. Raw cocoa products that are minimally processed contain little to no sugar and contain more antioxidants than their heavily processed counterparts, hindering market growth. Mas.
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A list of some of the key suppliers present in the market are:
- Barry Callebaut
- Cocoa Processing Company
- Puratos Group
- Mars, Inc.
- Bloomer Chocolate
- Cargill, Inc.
- Meji Holdings
- Carlyle Cocoa
- Jindal Cocoa
- United Cocoa Processor, Inc.
Report Coverage and Highlights
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- Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
- The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
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- Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
- Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
- Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
- Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
- Strategic market analysis, recommendations, and future headways on crucial winning strategies.
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About ChemView Consulting:
ChemView Consulting is a leading market research firm in the Asia Pacific, with expertise in Chemicals & Materials, Food & Beverages, Packaging, Oil & Gas, New & Renewable Energy, and Disruptive Technologies. We are one of the top market intelligence firms specializing in business analytics with an expertise in the ever-growing chemicals industry. We track high-growth markets with innovative ideas and opportunities insights through B2B research.
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