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Cocoa Beans Market Size Estimated to Reach USD 16.9 BN By 2028, With 7.1 % CAGR: Statistics Report by Credence Research

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Cocoa Beans Market Size Estimated to Reach USD 16.9 BN By 2028, With 7.1 % CAGR: Statistics Report by Credence Research

July 06
18:26 2022
Cocoa Beans Market Size Estimated to Reach USD 16.9 BN By 2028, With 7.1 % CAGR: Statistics Report by Credence Research
The key players in the global Cocoa Beans Market in terms of value and volume include Meridian Cacao Company, InterNatural Foods LLC, Cargill, Inc., The Barry Callebaut Group, Olam Group, Puratos Group, Blommer Chocolate Company, The Mexican Arabica Bean Company, Cemoi, Cocoa Supply Company, Jindal Cocoa, Costa Esmeraldas Cacao Co., Meiji Holdings Company, and United Cocoa Processor.

The latest market report published by Credence Research, Inc. “Global Cocoa Beans Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. The Global Cocoa Beans Market generated revenue of around USD 11.2 billion in 2021 and is anticipated to grow a CAGR of over 7.1 % during the forecast period from 2022 to 2028 to reach around USD 16.9 billion in 2028. While, cumulative growth opportunity presented by the global Cocoa Beans Market is around USD 110 billion during 2022 to 2028.

The chocolate industry’s high demand for cocoa beans drives the global cocoa bean market. In addition, a surge in demand for chocolate-based products is propelling the worldwide cocoa bean market forward. Consumers are becoming more health-conscious and are gravitating toward products that provide health benefits, which boosts the sale of cocoa beans. This is due to the fact that cocoa beans improve blood flow, lower blood pressure, and lower the risk of a heart attack. As a result, all of these factors contribute considerably to the growth of the worldwide cocoa bean market.

The global Cocoa Beans Market is bifurcated into Cocoa Bean Type, Product Type, Application, Distribution Channel, and Geography. Based on Cocoa Bean Type, the market is categorized into Criollo Cocoa Beans, ForasteroCocoa Beans, and Trinitario Cocoa Beans. Based on Product Type, the market is categorized into Cocoa Powder, Cocoa Butter, Cocoa Beverages, and Others. Based on Application, the market is categorized into Confectionery, Functional Food & Beverage, Pharmaceuticals, Cosmetics, and Others. Based on Distribution Channel, the market is categorized into Online Distribution Channel and Offline Distribution Channels. Based on geography, the market is segmented as Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa.

Market Trends

Cocoa has a wide range of applications in a wide range of industries.Cocoa beans have been used for centuries in a variety of applications and are in high demand on the market. These beans have a number of health benefits and other properties. As a result, cocoa beans are in high demand because they are widely used in the food and beverage, confectionery, and cosmetics industries.

Cocoa is used as a flavouring and colouring agent in a wide range of industries, including confectionery and baking. Currently, the chocolate industry is the largest end user of cocoa. Huge chocolate consumption and production explain the growing appetite for cocoa, making cocoa the most widely consumed flavour in the food and beverage industry.

Why to Buy This Report-

  • The report provides a qualitative as well as quantitative analysis of the global Cocoa Beans Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and projected period 2022-2028.
  • The report contains information related to the competitive landscape like how the key players in the market are operating at a global, regional, and country-level
  • In-depth analysis of the global market segmentation on the basis of Type, Product Type, Application, and Distribution Channel.
  • Major countries in each region with their import/export statistics
  • The global Cocoa Beans Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.

Browse full report here:

Table of Content:

1. Preface

1.1. Report Description

1.1.1. Purpose of the Report

1.1.2. Target Audience

1.1.3. USP and Key Offerings

1.2. Research Scope

1.3. Research Methodology

1.3.1. Phase I – Secondary Research

1.3.2. Phase II – Primary Research

1.3.3. Phase III – Expert Panel Review

1.3.4. Approach Adopted Top-Down Approach Bottom-Up Approach

1.3.5. Assumptions

1.4. Market Segmentation

2. Executive Summary

2.1. Market Snapshot: Global Cocoa Beans Market

3. Market Dynamics & Factors Analysis

3.1. Introduction

3.1.1. Global Cocoa Beans Market Value, 2016-2028, (US$ Bn)

3.2. Market Dynamics

3.2.1. Key Growth Trends

3.2.2. Major Industry Challenges

3.2.3. Key Growth Pockets

3.3. Attractive Investment Proposition,2021

3.3.1. Cocoa Beans Type

3.3.2. Product

3.3.3. Application

3.3.4. Distribution Channel

3.4. Porter’s Five Forces Analysis

3.4.1. Threat of New Entrants

3.4.2. Bargaining Power of Buyers/Consumers

3.4.3. Bargaining Power of Suppliers

3.4.4. Threat of Substitute Types

3.4.5. Intensity of Competitive Rivalry

3.5. Value Chain Analysis

4. Market Positioning of Key Players, 2021

4.1. Company market share of key players, 2021

4.2. Top 6 Players

4.3. Top 3 Players

4.4. Major Strategies Adopted by Key Players

5. COVID 19 Impact Analysis

5.1. Global Cocoa Beans Market Pre Vs Post COVID 19, 2019 – 2028

5.2. Impact on Import & Export

5.3. Impact on Demand & Supply

6. North America

6.1. North America Cocoa Beans Market, by Country, 2016-2028(US$ Bn)

6.1.1. U.S.

6.1.2. Canada

6.1.3. Mexico

6.2. North America Cocoa Beans Market, by Cocoa Bean Type, 2016-2028(US$ Bn)

6.2.1. Overview

6.2.2. Criollo Cocoa Beans

6.2.3. ForasteroCocoa Beans

6.2.4. Trinitario Cocoa Beans

6.3. North America Cocoa Beans Market, by Product Type, 2016-2028(US$ Bn)

6.3.1. Overview

6.3.2. Cocoa Powder

6.3.3. Cocoa Butter

6.3.4. Cocoa Beverages

6.3.5. Others

6.4. North America Cocoa Beans Market, by Application, 2016-2028(US$ Bn)

6.4.1. Overview

6.4.2. Confectionery

6.4.3. Functional Food & Beverage

6.4.4. Pharmaceuticals

6.4.5. Cosmetics

6.4.6. Others

6.5. North America Cocoa Beans Market, by Distribution Channel, 2016-2028(US$ Bn)

6.5.1. Overview

6.5.2. Online Distribution Channel

6.5.3. Offline Distribution Channel

Browse full report here:

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About Us

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, nonlegislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

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Country: United States