The present times show significant development in the cocoa market with the surge in demand from the food and cosmetic sectors. Looking into this growth, a new study has been added to the vast online repository of Market Research Reports Search Engine (MRRSE), with the title ‘Cocoa Market: Global Industry Analysis and Opportunity Assessment, 2016–2026 ‘’. The report presents a decisive analysis of the major factors such as active regions, market trends as well as the top products and process for the forecast period till 2026.
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According to the report, the cocoa liquor sub-segment is registering a CAGR of 4.3% in terms of value during the forecast period from 2016 to 2026. The cocoa powder sub-segment in the organic category is anticipated to get to almost 18%, and the cocoa liquor sub-segment in the organic group is estimated to gain the highest market share of 45%.
Recently, the cocoa market is growing due to the strong need for premium products for chocolate, brownies, liquors and cosmetic products. The study begins with the clear introduction while presenting the market definition and market taxonomy. The report also analyzes the market size and forecast in terms of nature which are split into organic and conventional; alongside offering the analysis of the market. The two processes studied in this report are the natural and Dutch, wherein the study introspects the market size and forecast in terms of each process. The three products in this study are cocoa powder, cocoa butter, cocoa liquor and the cocoa beans. Similarly, the market size and forecast considering the product types are also evaluated.
In the study of the organic market the report focuses on the basis point share (BPS) analysis in terms of the country, Y-o-Y Growth projections considering the country as well as the key regulations. Similarly, the market size and forecast in terms of the country are aptly summarized in the study. In terms of the applications, the report analyzes confectionery, functional food, bakery items, pharmaceutical, cosmetics and beverages. Based on the study in 2016, in the global market, the cocoa powder sub-segment from the conventional category held a market value share higher than 30%.
Another important facet of the study is the evaluation of the active regions in this market such as the Western Europe, North America, Asia Pacific Excl., Japan (APEJ), Latin America, Eastern Europe, Middle East and Africa (MEA) and Japan. The countries analyzed in the study are Germany, France, Italy, Spain, the U.K., BENELUX, the Rest of Western Europe, the U.S. and Canada. By studying the successful regions the report helps investors to create smart business modules for the future.
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