LAMEA 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 Latin America, Middle East and Africa Cocoa Market would witness market growth of 6.1% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 373.8 Kilo Tonnes, showcasing a growth of 7.4% (2023-2030).

The incorporation of cocoa into functional foods, such as energy bars, protein snacks, and dietary supplements, is rising. Manufacturers are exploring ways to highlight the nutritional benefits of these to meet the demand for healthier snack options. Plant-based diets have influenced the market, developing dairy-free and vegan chocolate alternatives. This is being used innovatively to create plant-based chocolate products catering to a growing consumer segment.

Cocoa cultivation is vulnerable to climate change, impacting yields and quality. Climate-smart agriculture practices, including agroforestry and sustainable land management, are being adopted to enhance the resilience of farming to environmental challenges. The use of technology, such as satellite imagery and data analytics, is helping farmers optimize farming practices. Precision farming enables better crop management, improving yields, and sustainable production.

As per the International Trade Administration, the United Arab Emirates leads the Gulf Cooperation Council in eCommerce sales, which surged by 53% in 2020 to a record $3.9 billion, or 10% of overall retail sales. The Dubai Chamber of Commerce and Industry signifies that eCommerce will develop $8 billion in sales by 2025 as the UAE region has nearly 100% internet and mobile phone penetration. E-commerce enables businesses in the UAE to sell directly to consumers. Thus, due to these aspects, the market will expand across the LAMEA region in upcoming years.

The Brazil market dominated the LAMEA Cocoa Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $982 Million by 2030. The Argentina market is showcasing a CAGR of 6.6% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 5.6% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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)

LAMEA 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)

Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1LAMEA Cocoa Market, by Application
- 1.4.2LAMEA Cocoa Market, by Product Type
- 1.4.3LAMEA 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.LAMEA Cocoa Market, by Application

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

Chapter 6.LAMEA Cocoa Market, by Product Type

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

Chapter 7.LAMEA Cocoa Market, by Country

7.1Brazil Cocoa Market
- 7.1.1Brazil Cocoa Market, by Application
- 7.1.2Brazil Cocoa Market, by Product Type
7.2Argentina Cocoa Market
- 7.2.1Argentina Cocoa Market, by Application
- 7.2.2Argentina Cocoa Market, by Product Type
7.3UAE Cocoa Market
- 7.3.1UAE Cocoa Market, by Application
- 7.3.2UAE Cocoa Market, by Product Type
7.4Saudi Arabia Cocoa Market
- 7.4.1Saudi Arabia Cocoa Market, by Application
- 7.4.2Saudi Arabia Cocoa Market, by Product Type
7.5South Africa Cocoa Market
- 7.5.1South Africa Cocoa Market, by Application
- 7.5.2South Africa Cocoa Market, by Product Type
7.6Nigeria Cocoa Market
- 7.6.1Nigeria Cocoa Market, by Application
- 7.6.2Nigeria Cocoa Market, by Product Type
7.7Rest of LAMEA Cocoa Market
- 7.7.1Rest of LAMEA Cocoa Market, by Application
- 7.7.2Rest of LAMEA 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 1LAMEA Cocoa Market, 2019 - 2022, USD Million
TABLE 2LAMEA Cocoa Market, 2023 - 2030, USD Million
TABLE 3LAMEA Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 4LAMEA Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 5LAMEA Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 6LAMEA Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 7LAMEA Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 8LAMEA Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 9LAMEA Confectionery Market, by Country, 2019 - 2022, USD Million
TABLE 10LAMEA Confectionery Market, by Country, 2023 - 2030, USD Million
TABLE 11LAMEA Confectionery Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 12LAMEA Confectionery Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 13LAMEA Food & Beverages Market, by Country, 2019 - 2022, USD Million
TABLE 14LAMEA Food & Beverages Market, by Country, 2023 - 2030, USD Million
TABLE 15LAMEA Food & Beverages Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 16LAMEA Food & Beverages Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 17LAMEA Cosmetics Market, by Country, 2019 - 2022, USD Million
TABLE 18LAMEA Cosmetics Market, by Country, 2023 - 2030, USD Million
TABLE 19LAMEA Cosmetics Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 20LAMEA Cosmetics Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 21LAMEA Pharmaceutical Market, by Country, 2019 - 2022, USD Million
TABLE 22LAMEA Pharmaceutical Market, by Country, 2023 - 2030, USD Million
TABLE 23LAMEA Pharmaceutical Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 24LAMEA Pharmaceutical Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 25LAMEA Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 26LAMEA Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 27LAMEA Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 28LAMEA Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 29LAMEA Cocoa Beans Market, by Country, 2019 - 2022, USD Million
TABLE 30LAMEA Cocoa Beans Market, by Country, 2023 - 2030, USD Million
TABLE 31LAMEA Cocoa Beans Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 32LAMEA Cocoa Beans Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 33LAMEA Cocoa Powder & Cake Market, by Country, 2019 - 2022, USD Million
TABLE 34LAMEA Cocoa Powder & Cake Market, by Country, 2023 - 2030, USD Million
TABLE 35LAMEA Cocoa Powder & Cake Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 36LAMEA Cocoa Powder & Cake Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 37LAMEA Cocoa Butter Market, by Country, 2019 - 2022, USD Million
TABLE 38LAMEA Cocoa Butter Market, by Country, 2023 - 2030, USD Million
TABLE 39LAMEA Cocoa Butter Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 40LAMEA Cocoa Butter Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 41LAMEA Chocolate Market, by Country, 2019 - 2022, USD Million
TABLE 42LAMEA Chocolate Market, by Country, 2023 - 2030, USD Million
TABLE 43LAMEA Chocolate Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 44LAMEA Chocolate Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 45LAMEA Others Market, by Country, 2019 - 2022, USD Million
TABLE 46LAMEA Others Market, by Country, 2023 - 2030, USD Million
TABLE 47LAMEA Others Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 48LAMEA Others Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 49LAMEA Cocoa Market, by Country, 2019 - 2022, USD Million
TABLE 50LAMEA Cocoa Market, by Country, 2023 - 2030, USD Million
TABLE 51LAMEA Cocoa Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 52LAMEA Cocoa Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 53Brazil Cocoa Market, 2019 - 2022, USD Million
TABLE 54Brazil Cocoa Market, 2023 - 2030, USD Million
TABLE 55Brazil Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 56Brazil Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 57Brazil Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 58Brazil Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 59Brazil Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 60Brazil Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 61Brazil Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 62Brazil Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 63Brazil Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 64Brazil Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 65Argentina Cocoa Market, 2019 - 2022, USD Million
TABLE 66Argentina Cocoa Market, 2023 - 2030, USD Million
TABLE 67Argentina Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 68Argentina Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 69Argentina Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 70Argentina Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 71Argentina Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 72Argentina Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 73Argentina Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 74Argentina Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 75Argentina Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 76Argentina Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 77UAE Cocoa Market, 2019 - 2022, USD Million
TABLE 78UAE Cocoa Market, 2023 - 2030, USD Million
TABLE 79UAE Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 80UAE Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 81UAE Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 82UAE Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 83UAE Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 84UAE Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 85UAE Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 86UAE Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 87UAE Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 88UAE Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 89Saudi Arabia Cocoa Market, 2019 - 2022, USD Million
TABLE 90Saudi Arabia Cocoa Market, 2023 - 2030, USD Million
TABLE 91Saudi Arabia Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 92Saudi Arabia Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 93Saudi Arabia Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 94Saudi Arabia Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 95Saudi Arabia Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 96Saudi Arabia Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 97Saudi Arabia Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 98Saudi Arabia Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 99Saudi Arabia Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 100Saudi Arabia Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 101South Africa Cocoa Market, 2019 - 2022, USD Million
TABLE 102South Africa Cocoa Market, 2023 - 2030, USD Million
TABLE 103South Africa Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 104South Africa Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 105South Africa Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 106South Africa Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 107South Africa Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 108South Africa Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 109South Africa Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 110South Africa Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 111South Africa Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 112South Africa Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 113Nigeria Cocoa Market, 2019 - 2022, USD Million
TABLE 114Nigeria Cocoa Market, 2023 - 2030, USD Million
TABLE 115Nigeria Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 116Nigeria Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 117Nigeria Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 118Nigeria Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 119Nigeria Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 120Nigeria Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 121Nigeria Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 122Nigeria Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 123Nigeria Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 124Nigeria Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 125Rest of LAMEA Cocoa Market, 2019 - 2022, USD Million
TABLE 126Rest of LAMEA Cocoa Market, 2023 - 2030, USD Million
TABLE 127Rest of LAMEA Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 128Rest of LAMEA Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 129Rest of LAMEA Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 130Rest of LAMEA Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 131Rest of LAMEA Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 132Rest of LAMEA Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 133Rest of LAMEA Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 134Rest of LAMEA Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 135Rest of LAMEA Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 136Rest of LAMEA Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 137Key Information - The Barry Callebaut Group
TABLE 138Key Information - JB Foods Limited
TABLE 140Key Information - Cargill, Incorporated
TABLE 141Key Information - Ciranda, Inc.
TABLE 142Key Information - Nestle S.A
TABLE 143key information - Mars, Inc.
TABLE 144Key Information - Meiji Holdings Co., Ltd.
TABLE 145key Information - Olam International Limited
TABLE 146Key Information -The Hershey Company

LAMEA 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