Global Cocoa Beans Market is Anticipated To Expand at a CAGR of 3.1% Over the Forecast Period (2016-2024)

New York, USA, 2018-Aug-28 — /EPR Network/ —The cocoa beans market is expected to reach USD 16.7 billion by 2024, growing at a compounded annual growth rate of 3.1% over the forecast period 2016-2024.Rising cocoa demand from chocolate industry is fuelling the growth of the market. Global cocoa beans market segmentation has been carried out on the basis of cocoa bean type, product type and end-user. Rising demand for chocolate based products such as cocoa powder, cocoa butter, cocoa beverages and beauty products has led to production of 4 million tones cocoa beans annually. Global cocoa beans market is majorly driven by Africa, producing 73% of the global cocoa beans production. Africa is followed by Asia Pacific and South America regions with increasing production capacity and government support such as in Indonesia and Malaysia.

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Market Segmentation

On the basis of our in-depth analysis, 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 {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
  • Europe Cocoa Beans Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Middle East and Africa Cocoa Beans Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Latin America Cocoa Beans Market  {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Asia Pacific Cocoa Beans Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

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Global Cocoa Beans Market Outlook 2024contains 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 and end-user.

Further, for the in-depth analysis, Global Cocoa Beans Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Cargill Incorporated, Barry Callebaut, Artisan Confections Company, PASCHA Company, Inter Natural 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.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global cocoa beans market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Key questions answered in this Global Cocoa Beans Market Report

  • What is the Global Cocoa Beans Market Size by 2024 and what would be the expected growth rate of the industry?
  • What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
  • What are the cocoa beans market trends?
  • What are the factors which are driving this industry?
  • What are the major barriers to cocoa beans industry growth?
  • Who are the key vendors in this industry space?
  • What are the industry opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?
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