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 2016-2020. 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
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.
Key vendors
• Archer Daniels Midland (ADM)
• Barry Callebaut
• Blommer Chocolate Company
• Cargill
• Cocoa Processing Company
• Olam
Other prominent vendors
• CEMOI
• Daarnhouwer
• Dutch Cocoa
• Newtown Foods
• Puratos
• The Hershey Company
• United Cocoa Processor
Market driver
• Consistent demand for chocolates
• For a full, detailed list, view our report
Market challenge
• Fluctuating cocoa prices
• For a full, detailed list, view our report
Market trend
• Increasing popularity of Fairtrade-certified cocoa products
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Base year
• Vendor segmentation
• Numerical figures
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
• Overview
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by product
• Segmentation of global cocoa market by product
• Global cocoa liquor market
• Global cocoa powder market
• Global cocoa butter market
PART 07: Market segmentation by application
• Segmentation of global cocoa market by application
• Global cocoa market in confectionery segment
• Global cocoa market in food and beverage segment
• Global cocoa market in other applications
PART 08: Geographical segmentation
• Segmentation of global cocoa market by geography
• Cocoa market in Europe
• Cocoa market in Americas
• Cocoa market in APAC
• Cocoa market in ROW
PART 09: Key producing countries
• Overview: Key cocoa-producing countries
PART 10: Market drivers
• Consistent demand for chocolates
• Rising investment in cocoa production
• Demand for origin-specific cocoa
• Wide scope for use of cocoa powder
PART 11: Impact of drivers
PART 12: Market challenges
• Fluctuating cocoa prices
• Aging workforce engaged in cocoa production
• Criticism of labor exploitation
• Effect of natural hazards and adverse weather conditions
PART 13: Impact of drivers and challenges
PART 14: Market trends
• Increasing popularity of Fairtrade-certified cocoa products
• Rising demand for dark chocolates
• Growing consumer preference for chocolate syrups
PART 15: Vendor landscape
• Competitive scenario
• Key vendors
• Archer Daniels Midland
• Barry Callebaut
• Blommer Chocolate Company
• Cargill
• Cocoa Processing Company
• Olam International
• Other prominent vendors
PART 16: Appendix
• List of abbreviations
PART 17: Explore Technavio
List of Exhibits
Exhibit 01: Overview of key geographical regions producing cocoa
Exhibit 02: Global cocoa market
Exhibit 03: Global cocoa market by volume 2015-2020 (millions of tons)
Exhibit 04: Five forces analysis
Exhibit 05: Global cocoa market by product 2015
Exhibit 06: Global cocoa market by product 2020
Exhibit 07: Global cocoa liquor market 2015-2020 (millions of tons)
Exhibit 08: Global cocoa powder market 2015-2020 (millions of tons)
Exhibit 09: Global cocoa butter market 2015-2020 (millions of tons)
Exhibit 10: Global cocoa market by application 2015
Exhibit 11: Global cocoa market by application 2020
Exhibit 12: Global cocoa market in confectionery segment 2015-2020 (millions of tons)
Exhibit 13: Global cocoa market in food and beverage segment 2015-2020 (millions of tons)
Exhibit 14: Global cocoa market in other application segments 2015-2020 (kilotons)
Exhibit 15: Global cocoa market by geography 2015
Exhibit 16: Global cocoa market by geography 2020
Exhibit 17: Cocoa market in Europe 2015-2020 (millions of tons)
Exhibit 18: Annual per capita spend on chocolate in 2015 ($ per capita)
Exhibit 19: Cocoa market in Americas 2015-2020 (millions of tons)
Exhibit 20: Cocoa market in APAC 2015-2020 (kilotons)
Exhibit 21: Average annual real GDP growth based on purchasing power parity in key APAC countries 2014
Exhibit 22: Cocoa market in ROW 2015-2020 (kilotons)
Exhibit 23: Overview of growth prospects for key geographical regions in global chocolate market 2014-2019
Exhibit 24: Cocoa powders: Typical applications
Exhibit 25: Impact of drivers
Exhibit 26: Global cocoa prices ($ per ton)
Exhibit 27: Impact of drivers and challenges
Exhibit 28: Leading vendors in global cocoa market 2015
Exhibit 29: Product classification in global cocoa market
Exhibit 30: Blommer Chocolate Company: Product classification in global cocoa market
Exhibit 31: Cargill: Key market segments
Exhibit 32: Product overview
Exhibit 33: Chocolate products
Exhibit 34: Product classification in global cocoa market
Exhibit 35: Product overview
