North America Cocoa Market Size, Share & Trends Analysis Report By Application, By Product Type (Cocoa Beans, Cocoa Powder & Cake, Cocoa Butter, Chocolate, and Others), By Country and Growth Forecast, 2023

Description

List of Tables

The North America Cocoa Market would witness market growth of 4.6% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 843.7 Kilo Tonnes, showcasing a growth of 4.6% (2019-2022).

The confectionery industry remains the primary adopter of cocoa, utilizing it as a fundamental ingredient in producing various chocolate products. The timeless appeal of chocolate and innovative product offerings has sustained the demand for this product within this sector. The adoption of this in confectionery extends from mass-produced chocolate bars to artisanal, premium creations catering to diverse consumer tastes and preferences. It's adoption in the beverage industry has seen a remarkable expansion.

The growing demand for premium and specialty beverages has further fuelled the adoption of high-quality cocoa in producing chocolate-based drinks. The adoption of this in the cosmetics and personal care industry is marked using its butter. It is recognized for its moisturizing and emollient properties, so this butter is widely adopted in skincare products, lip balms, hair conditioners, and other beauty formulations. Consumer preferences for natural ingredients and a desire for products that provide sensory pleasure and skin benefits promote its growth in this industry.

The Mexican Online Sales Association estimates that the domestic e-commerce sector was worth USD 19.7 billion in 2021, an increase of 27% over 2020. In 2021, there were 57.5 million users of Mexican eCommerce, up 11% from the previous year. In 2020, women made up 51% of Mexican eCommerce users. E-commerce platforms allow the businesses to implement effective digital marketing strategies in Mexico. Social media campaigns, influencer collaborations, and online advertising increase brand visibility, attracting a wider audience and driving sales in Mexico. Hence, the factors mentioned above will drive the regional market growth.

The US market dominated the North America Cocoa Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $7,475.4 Million by 2030. The Canada market is experiencing a CAGR of 6.9% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6% during (2023 - 2030).

Based on Application, the market is segmented into Confectionery, Food & Beverages, Cosmetics, and Pharmaceutical. Based on Product Type, the market is segmented into Cocoa Beans, Cocoa Powder & Cake, Cocoa Butter, Chocolate, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

The Barry Callebaut Group
JB Foods Limited
Archer Daniels Midland Company
Cargill, Incorporated
Ciranda, Inc.
Nestle S.A
Mars, Inc.(Kind LLC)
Meiji Holdings Co., Ltd.
Olam International Limited
The Hershey Company (Hershey Trust Company)

North America Cocoa Market Report Segmentation

By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)

Confectionery
Food & Beverages
Cosmetics
Pharmaceutical

By Product Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)

Cocoa Beans
Cocoa Powder & Cake
Cocoa Butter
Chocolate
Others

By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)

US
Canada
Mexico
Rest of North America

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1North America Cocoa Market, by Application
- 1.4.2North America Cocoa Market, by Product Type
- 1.4.3North America Cocoa Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Opportunities
- 3.2.3Market Restraints
- 3.2.4Market Challenges
3.3Porter Five Forces Analysis

Chapter 4.Strategies Deployed in Cocoa Market.

Chapter 5.North America Cocoa Market, by Application

5.1North America Confectionery Market, by Country
5.2North America Food & Beverages Market, by Country
5.3North America Cosmetics Market, by Country
5.4North America Pharmaceutical Market, by Country

Chapter 6.North America Cocoa Market, by Product Type

6.1North America Cocoa Beans Market, by Country
6.2North America Cocoa Powder & Cake Market, by Country
6.3North America Cocoa Butter Market, by Country
6.4North America Chocolate Market, by Country
6.5North America Others Market, by Country

Chapter 7.North America Cocoa Market, by Country

7.1US Cocoa Market
- 7.1.1US Cocoa Market, by Application
- 7.1.2US Cocoa Market, by Product Type
7.2Canada Cocoa Market
- 7.2.1Canada Cocoa Market, by Application
- 7.2.2Canada Cocoa Market, by Product Type
7.3Mexico Cocoa Market
- 7.3.1Mexico Cocoa Market, by Application
- 7.3.2Mexico Cocoa Market, by Product Type
7.4Rest of North America Cocoa Market
- 7.4.1Rest of North America Cocoa Market, by Application
- 7.4.2Rest of North America Cocoa Market, by Product Type

Chapter 8.Company Profiles

8.1The Barry Callebaut Group
- 8.1.1Company Overview
- 8.1.2Financial Analysis
- 8.1.3Segmental and Regional Analysis
- 8.1.4Research & Development Expense
- 8.1.5Recent strategies and developments:
  - 8.1.5.1Partnerships, Collaborations, and Agreements:
- 8.1.6SWOT Analysis
8.2JB Foods Limited
- 8.2.1Company Overview
- 8.2.2Financial Analysis
- 8.2.3Regional Analysis
- 8.2.4SWOT Analysis
8.3Archer Daniels Midland Company
- 8.3.1Company Overview
- 8.3.2Financial Analysis
- 8.3.3Segmental and Regional Analysis
- 8.3.4Research & Development Expense
8.4Cargill, Incorporated
- 8.4.1Company Overview
- 8.4.2Recent strategies and developments:
  - 8.4.2.1Partnerships, Collaborations, and Agreements:
  - 8.4.2.2Acquisition and Mergers:
- 8.4.3SWOT Analysis
8.5Ciranda, Inc.
- 8.5.1Company Overview
- 8.5.2SWOT Analysis
8.6Nestle S.A
- 8.6.1Company Overview
- 8.6.2Financial Analysis
- 8.6.3Segmental and Regional Analysis
- 8.6.4Research & Development Expenses
- 8.6.5SWOT Analysis
8.7Mars, Inc. (Kind LLC)
- 8.7.1Company Overview
- 8.7.2SWOT Analysis
8.8Meiji Holdings Co., Ltd.
- 8.8.1Company Overview
- 8.8.2Financial Analysis
- 8.8.3Segmental Analysis
- 8.8.4Research & Development Expense
- 8.8.5Recent strategies and developments:
  - 8.8.5.1Product Launches and Product Expansions:
- 8.8.6SWOT Analysis
8.9Olam International Limited
- 8.9.1Company Overview
- 8.9.2Financial Analysis
- 8.9.3Segmental and Regional Analysis
- 8.9.4SWOT Analysis
8.10.The Hershey Company (Hershey Trust Company)
- 8.10.1Company overview
- 8.10.2Financial Analysis
- 8.10.3Segmental and Regional Analysis
- 8.10.4SWOT Analysis

LIST OF TABLES

TABLE 1North America Cocoa Market, 2019 - 2022, USD Million
TABLE 2North America Cocoa Market, 2023 - 2030, USD Million
TABLE 3North America Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 4North America Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 5North America Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 6North America Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 7North America Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 8North America Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 9North America Confectionery Market, by Country, 2019 - 2022, USD Million
TABLE 10North America Confectionery Market, by Country, 2023 - 2030, USD Million
TABLE 11North America Confectionery Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 12North America Confectionery Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 13North America Food & Beverages Market, by Country, 2019 - 2022, USD Million
TABLE 14North America Food & Beverages Market, by Country, 2023 - 2030, USD Million
TABLE 15North America Food & Beverages Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 16North America Food & Beverages Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 17North America Cosmetics Market, by Country, 2019 - 2022, USD Million
TABLE 18North America Cosmetics Market, by Country, 2023 - 2030, USD Million
TABLE 19North America Cosmetics Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 20North America Cosmetics Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 21North America Pharmaceutical Market, by Country, 2019 - 2022, USD Million
TABLE 22North America Pharmaceutical Market, by Country, 2023 - 2030, USD Million
TABLE 23North America Pharmaceutical Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 24North America Pharmaceutical Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 25North America Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 26North America Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 27North America Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 28North America Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 29North America Cocoa Beans Market, by Country, 2019 - 2022, USD Million
TABLE 30North America Cocoa Beans Market, by Country, 2023 - 2030, USD Million
TABLE 31North America Cocoa Beans Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 32North America Cocoa Beans Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 33North America Cocoa Powder & Cake Market, by Country, 2019 - 2022, USD Million
TABLE 34North America Cocoa Powder & Cake Market, by Country, 2023 - 2030, USD Million
TABLE 35North America Cocoa Powder & Cake Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 36North America Cocoa Powder & Cake Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 37North America Cocoa Butter Market, by Country, 2019 - 2022, USD Million
TABLE 38North America Cocoa Butter Market, by Country, 2023 - 2030, USD Million
TABLE 39North America Cocoa Butter Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 40North America Cocoa Butter Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 41North America Chocolate Market, by Country, 2019 - 2022, USD Million
TABLE 42North America Chocolate Market, by Country, 2023 - 2030, USD Million
TABLE 43North America Chocolate Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 44North America Chocolate Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 45North America Others Market, by Country, 2019 - 2022, USD Million
TABLE 46North America Others Market, by Country, 2023 - 2030, USD Million
TABLE 47North America Others Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 48North America Others Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 49North America Cocoa Market, by Country, 2019 - 2022, USD Million
TABLE 50North America Cocoa Market, by Country, 2023 - 2030, USD Million
TABLE 51North America Cocoa Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 52North America Cocoa Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 53US Cocoa Market, 2019 - 2022, USD Million
TABLE 54US Cocoa Market, 2023 - 2030, USD Million
TABLE 55US Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 56US Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 57US Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 58US Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 59US Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 60US Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 61US Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 62US Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 63US Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 64US Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 65Canada Cocoa Market, 2019 - 2022, USD Million
TABLE 66Canada Cocoa Market, 2023 - 2030, USD Million
TABLE 67Canada Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 68Canada Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 69Canada Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 70Canada Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 71Canada Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 72Canada Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 73Canada Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 74Canada Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 75Canada Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 76Canada Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 77Mexico Cocoa Market, 2019 - 2022, USD Million
TABLE 78Mexico Cocoa Market, 2023 - 2030, USD Million
TABLE 79Mexico Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 80Mexico Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 81Mexico Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 82Mexico Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 83Mexico Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 84Mexico Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 85Mexico Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 86Mexico Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 87Mexico Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 88Mexico Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 89Rest of North America Cocoa Market, 2019 - 2022, USD Million
TABLE 90Rest of North America Cocoa Market, 2023 - 2030, USD Million
TABLE 91Rest of North America Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 92Rest of North America Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 93Rest of North America Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 94Rest of North America Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 95Rest of North America Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 96Rest of North America Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 97Rest of North America Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 98Rest of North America Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 99Rest of North America Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 100Rest of North America Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 101Key Information - The Barry Callebaut Group
TABLE 102Key Information - JB Foods Limited
TABLE 104Key Information - Cargill, Incorporated
TABLE 105Key Information - Ciranda, Inc.
TABLE 106Key Information - Nestle S.A
TABLE 107key information - Mars, Inc.
TABLE 108Key Information - Meiji Holdings Co., Ltd.
TABLE 109key Information - Olam International Limited
TABLE 110Key Information -The Hershey Company

North America Cocoa Market Size, Share & Trends Analysis Report By Application, By Product Type (Cocoa Beans, Cocoa Powder & Cake, Cocoa Butter, Chocolate, and Others), By Country and Growth Forecast, 2023 - 2030