Market Research Report
Germany Cocoa Market Forecast 2021-2026
|Germany Cocoa Market Forecast 2021-2026|
Published: September 14, 2021
Content info: 112 Pages
Delivery time: 2-3 business days
The Germany cocoa market is estimated to project a CAGR of 4.47% during the forecast period, 2021-2026. There is a growing demand for sustainable and organic cocoa, along with increasing demands for dark chocolate. Also, the thriving specialty market offers immense opportunities for producers and exporters.
In Germany, there is vast availability of organic products. As a result, the competition among manufacturers is very intense. Also, the organic chocolates available range from low-end to premium. In addition, as a large and diverse market, Germany has lucrative opportunities for exporters and producers of organic cocoa beans. Moreover, the country is one of the largest chocolate consumers in Europe.
Further, the market growth is propelled by increasing consumer awareness of dark chocolate and its health benefits and growing consumption among teenagers. Also, innovative product variations and advancements in chocolate pressing technology boost overall chocolate industry demands. In addition, there is a growing demand for ready-to-eat foods. At the same time, with the rising health-conscious population, there is an increase in demand for sugar-free products. As a result, there is a rise in the research and development for new low-sugar chocolate products.
Puratos Group, Nestle SA, Cargill Incorporated, Olam International Limited, Natra SA, etc., are among the eminent companies in the market.