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Report
Global Cocoa Processing Market Report and Forecast 2023-2028
Market Report I 2023-09-13 I 138 Pages I EMR Inc.
Global Cocoa Processing Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the global cocoa processing market size reached 4.58 million tons in 2022. Aided by the escalating demand for chocolate and chocolate-derived products and the deep-rooted role of cocoa in diverse food and beverage sectors, the market is projected to further grow at a CAGR of 1.3% between 2023 and 2028 to reach a volume of about 4.95 million tons by 2028.
Cocoa processing involves converting the cocoa beans into cocoa mass, cocoa butter, and cocoa powder. These derivatives find a multitude of applications, most prominently in the creation of delightful treats like chocolates, candies, and baked goods, and even beverages. Apart from its irreplaceable flavour profile, cocoa is a reservoir of antioxidants, offering health benefits that go beyond mere indulgence. In recent times, cocoa's nutritional aspects, including improved cardiovascular health and cognitive benefits, have been spotlighted.
The evergreen allure of chocolates is undeniably a prime expander of the cocoa processing market size. The evolving palate of the global populace is continually seeking novel and rich flavours in chocolates, whether it's in the form of dark, milk, or white chocolates. The burgeoning bakery and confectionery industry's reliance on high-quality cocoa derivatives further amplifies the demand. Moreover, as festive seasons roll around globally, chocolates stand as universal gifts, further bolstering the market dynamics.
The burgeoning interest in health and wellness has led to the discovery of cocoa's potential health benefits, which in turn has invigorated the cocoa processing market growth. Rich in flavonoids, cocoa is associated with reducing the risk of heart diseases, improving blood flow, and even exhibiting mood-enhancing properties. This has seen cocoa not just as a dessert's delight but also as a healthful inclusion in dietary regimes, bolstered further by its role in certain supplements and health drinks.
Its foray into the cosmetic industry is noteworthy as well. Cocoa butter, one of the prized outputs of cocoa processing, is cherished for its moisturising properties, making it a staple in lotions, creams, and lip balms. Its potential skin-rejuvenating properties, combined with a delightful aroma, accentuate its value in cosmetic formulations. In geographical terms, the Asia Pacific holds a significant portion of the cocoa processing market share.
Market Segmentation
The market can be divided based on bean type, product type, application, and region.
Market Breakup by Bean Type
- Forastero
- Criollo
- Trinitario
- Others
Market Breakup by Product Type
- Cocoa Butter
- Cocoa Liquor
- Cocoa Powder
Market Breakup by Application
- Confectionery
- Bakery
- Beverages
- Pharmaceuticals
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global cocoa processing market. Some of the major players explored in the report by Expert Market Research are as follows:
- Barry Callebaut
- Cargill Inc.
- Nestle S.A
- Mondelez International
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Cocoa Market Overview
8.1 Key Industry Highlights
8.2 Global Cocoa Historical Market (2018-2022)
8.3 Global Cocoa Market Forecast (2023-2028)
8.4 Global Cocoa Market by Region
8.4.1 Market Share
8.4.1.1 North America
8.4.1.2 Europe
8.4.1.3 Asia Pacific
8.4.1.4 Latin America
8.4.1.5 Middle East and Africa
9 Global Cocoa Processing Market Analysis
9.1 Key Industry Highlights
9.2 Global Cocoa Processing Historical Market (2018-2022)
9.3 Global Cocoa Processing Market Forecast (2023-2028)
9.4 Global Cocoa Processing Market by Bean Type
9.4.1 Forastero
9.4.1.1 Market Share
9.4.1.2 Historical Trend (2018-2022)
9.4.1.3 Forecast Trend (2023-2028)
9.4.2 Criollo
9.4.2.1 Market Share
9.4.2.2 Historical Trend (2018-2022)
9.4.2.3 Forecast Trend (2023-2028)
9.4.3 Trinitario
9.4.3.1 Market Share
9.4.3.2 Historical Trend (2018-2022)
9.4.3.3 Forecast Trend (2023-2028)
9.4.4 Others
9.5 Global Cocoa Processing Market by Product Type
9.5.1 Cocoa Butter
9.5.1.1 Market Share
9.5.1.2 Historical Trend (2018-2022)
9.5.1.3 Forecast Trend (2023-2028)
9.5.2 Cocoa Liquor
9.5.2.1 Market Share
9.5.2.2 Historical Trend (2018-2022)
9.5.2.3 Forecast Trend (2023-2028)
9.5.3 Cocoa Powder
9.5.3.1 Market Share
9.5.3.2 Historical Trend (2018-2022)
9.5.3.3 Forecast Trend (2023-2028)
9.6 Global Cocoa Processing Market by Application
9.6.1 Confectionery
9.6.1.1 Market Share
9.6.1.2 Historical Trend (2018-2022)
9.6.1.3 Forecast Trend (2023-2028)
9.6.2 Bakery
9.6.2.1 Market Share
9.6.2.2 Historical Trend (2018-2022)
9.6.2.3 Forecast Trend (2023-2028)
9.6.3 Beverages
9.6.3.1 Market Share
9.6.3.2 Historical Trend (2018-2022)
9.6.3.3 Forecast Trend (2023-2028)
9.6.4 Pharmaceuticals
9.6.4.1 Market Share
9.6.4.2 Historical Trend (2018-2022)
9.6.4.3 Forecast Trend (2023-2028)
9.6.5 Others
9.7 Global Cocoa Processing Market by Region
9.7.1 Market Share
9.7.1.1 North America
9.7.1.2 Europe
9.7.1.3 Asia Pacific
9.7.1.4 Latin America
9.7.1.5 Middle East and Africa
10 Regional Analysis
10.1 North America
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.1.3 Breakup by Country
10.1.3.1 United States of America
10.1.3.2 Canada
10.2 Europe
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.2.3 Breakup by Country
10.2.3.1 United Kingdom
10.2.3.2 Germany
10.2.3.3 France
10.2.3.4 Italy
10.2.3.5 Others
10.3 Asia Pacific
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.3.3 Breakup by Country
10.3.3.1 China
10.3.3.2 Japan
10.3.3.3 India
10.3.3.4 ASEAN
10.3.3.5 Australia
10.3.3.6 Others
10.4 Latin America
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.4.3 Breakup by Country
10.4.3.1 Brazil
10.4.3.2 Argentina
10.4.3.3 Mexico
10.4.3.4 Others
10.5 Middle East and Africa
10.5.1 Historical Trend (2018-2022)
10.5.2 Forecast Trend (2023-2028)
10.5.3 Breakup by Country
10.5.3.1 Saudi Arabia
10.5.3.2 United Arab Emirates
10.5.3.3 Nigeria
10.5.3.4 South Africa
10.5.3.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter's Five Forces Analysis
11.2.1 Supplier's Power
11.2.2 Buyer's Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Manufacturing Process
13.1 Detailed Process Flow
13.2 Operations Involved
13.3 Mass Balance
14 Project Requirement and Cost Analysis
14.1 Land, Location, and Site Development
14.2 Construction
14.3 Plant Machinery
14.4 Cost of Raw Material
14.5 Packaging
14.6 Transportation
14.7 Utilities
14.8 Manpower
14.9 Other Capital Investment
15 Project Economics
15.1 Capital Cost of the Project
15.2 Techno-Economic Parameters
15.3 Product Pricing and Margins Across Various Levels of the Supply Chain
15.4 Taxation and Depreciation
15.5 Income Projections
15.6 Expenditure Projections
15.7 Financial Analysis
15.8 Profit Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Company Profiles
16.3.1 Barry Callebaut
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Demographic Reach and Achievements
16.3.1.4 Certifications
16.3.2 Cargill Inc.
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Demographic Reach and Achievements
16.3.2.4 Certifications
16.3.3 Nestle S.A
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Demographic Reach and Achievements
16.3.3.4 Certifications
16.3.4 Mondel?z International
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Demographic Reach and Achievements
16.3.4.4 Certifications
16.3.5 Others
17 Industry Events and Developments
List of Key Figures and Tables
1. Global Cocoa Market: Key Industry Highlights, 2018 and 2028
2. Global Cocoa Historical Market: Breakup by Region (Million Tons), 2018-2022
3. Global Cocoa Market Forecast: Breakup by Region (Million Tons), 2023-2028
4. Global Cocoa Processing Market: Key Industry Highlights, 2018 and 2028
5. Global Cocoa Processing Historical Market: Breakup by Bean Type (Million Tons), 2018-2022
6. Global Cocoa Processing Market Forecast: Breakup by Bean Type (Million Tons), 2023-2028
7. Global Cocoa Processing Historical Market: Breakup by Product Type (Million Tons), 2018-2022
8. Global Cocoa Processing Market Forecast: Breakup by Product Type (Million Tons), 2023-2028
9. Global Cocoa Processing Historical Market: Breakup by Application (Million Tons), 2018-2022
10. Global Cocoa Processing Market Forecast: Breakup by Application (Million Tons), 2023-2028
11. Global Cocoa Processing Historical Market: Breakup by Region (Million Tons), 2018-2022
12. Global Cocoa Processing Market Forecast: Breakup by Region (Million Tons), 2023-2028
13. North America Cocoa Processing Historical Market: Breakup by Country (Million Tons), 2018-2022
14. North America Cocoa Processing Market Forecast: Breakup by Country (Million Tons), 2023-2028
15. Europe Cocoa Processing Historical Market: Breakup by Country (Million Tons), 2018-2022
16. Europe Cocoa Processing Market Forecast: Breakup by Country (Million Tons), 2023-2028
17. Asia Pacific Cocoa Processing Historical Market: Breakup by Country (Million Tons), 2018-2022
18. Asia Pacific Cocoa Processing Market Forecast: Breakup by Country (Million Tons), 2023-2028
19. Latin America Cocoa Processing Historical Market: Breakup by Country (Million Tons), 2018-2022
20. Latin America Cocoa Processing Market Forecast: Breakup by Country (Million Tons), 2023-2028
21. Middle East and Africa Cocoa Processing Historical Market: Breakup by Country (Million Tons), 2018-2022
22. Middle East and Africa Cocoa Processing Market Forecast: Breakup by Country (Million Tons), 2023-2028
23. Global Cocoa Processing Market Structure
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