Market Research Report
Global Cocoa Market 2020-2024
|Global Cocoa Market 2020-2024|
Published: December 3, 2020
TechNavio (Infiniti Research Ltd.)
Content info: 120 Pages
Delivery time: 1-2 business days
Technavio has been monitoring the cocoa market and it is poised to grow by 605.13 th MT during 2020-2024, progressing at a CAGR of 3% during the forecast period. Our report on cocoa market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for chocolate coupled with new product launches, health benefits of cocoa-rich products, and rising investment and initiatives for sustainable cocoa production. In addition, increasing demand for chocolate coupled with new product launches is anticipated to boost the growth of the market as well.
The cocoa market analysis includes product segment, application segment, and geographical landscapes.
Technavio's cocoa market is segmented as below:
By Geographical Landscapes
This study identifies the initiatives toward zero deforestation for cocoa farming worldwide as one of the prime reasons driving the cocoa market growth during the next few years. Also, the increasing number of M&A and growing initiatives for sustainable organic cocoa production will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on cocoa market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cocoa market vendors that include Barry Callebaut AG, Cargill Inc., Ferrero International SA, Fuji Oil Co. Ltd., The Hershey Co., Meiji Holdings Co. Ltd., Nestle SA, Olam International Ltd., Touton SA, and United Cocoa Processor Inc. Also, the cocoa market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.