Cocoa Beans Market Projected to grow at a CAGR of 3.1% over the Forecast Period 2016-2024

New York, USA, 2018-Aug-13 — /EPR Network/ —\Global cocoa beans market is projected to garner USD 16.7 billion by the end of the forecast period i.e. 2024, growing at a CAGR of 3.1% during the forecast period 2016-2024. The global cocoa beans market is driven by the increasing demand from chocolate industry for cocoa beans and its products.

The sales of chocolate across the world is increasing at the rate of 4.0% across the world. The major players in cocoa beans market are taking steps to increase the production & supply of cocoa beans to the end use industries. The companies such as Cargill Incorporated, PASCHA Company and others are witnessed to have increased their investments and moreover the government initiatives to provide efficient infrastructure for the production and supply of cocoa beans has been added advantage to the market players. Further, Africa is the largest producer of cocoa beans and Africa cocoa beans market accounts for nearly 70.0% market share in the global cocoa beans market.

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Market Segmentation

Global Cocoa Beans Market can be segmented as follows:

Based on Cocoa Bean Type

  • Criollo Cocoa Beans
  • Forastero Cocoa Beans
  • Trinitario Cocoa Beans

Based on Product Type

  • Cocoa Powder
  • Cocoa Butter
  • Cocoa Beverages
  • Others (Cocoa Paste, Beauty Products)

Based on End-User

  • Chocolate & Confectionary Industry
  • Food and Beverage Industry
  • Cosmetics Industry

By Region

  • North America Cocoa Beans Market Analysis, 2016-2024
  • Europe Cocoa Beans Market Analysis, 2016-2024
  • Middle East And Africa Cocoa Beans Market Analysis, 2016-2024
  • Latin America Cocoa Beans Market Analysis, 2016-2024
  • Asia Pacific Cocoa Beans Market Analysis, 2016-2024
  • Rest Of The World Cocoa Beans Market Analysis, 2016-2024

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Global Cocoa Beans Market Outlook 2024” contains detailed overview of the global cocoa beans market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by cocoa bean type, product type, end user and geography.

The Global Cocoa Beans Market Report highlights the competitive outlook of major global and regional market players that showcases the business strategies, product portfolio, financial analysis, investments and R&D activities. The in-depth analysis help the clients to assess their business strategies according to the competitive environment in the market space.

Major players of the global cocoa beans market discussed in the report are: Cargill Incorporated, Barry Callebaut, Artisan Confections Company, PASCHA Company, InterNatural Foods LLC, Olam Group, The Mexican Arabica Bean Company, Tomric Systems, Inc., Cacao Bahia, Cocoa Supply Company, Casa Franceschi, Costa Esmeraldas Cacao Co., Agrofloresta, Meridian Cacao Company, Jedwards International, etc.

Further, Global Cocoa Beans Market Report encompasses the major trends, market dynamics and other growth factors. The Cocoa Beans Market outlook comprises of major challenges for the industry players, supply and demand risk analysis, SWOT Analysis and Market Attractiveness. Report also includes the expert analysis which provides complete overview of the market after analysis the macro-economic and micro-economic factors of each region and country.

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