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

Posted on 2018-09-20 by Goldstein Research in Food & Beverage // 0 Comments

New York, USA, 2018-Sep-20 — /EPR Network/ —According to Goldstein Research, global cocoa beans market is expected to reach USD 16.7 billion by 2024, growing at a CAGR of 3.1% over the forecast period 2016-2024. Huge demand from chocolate industry an increasing demand of chocolate based products is expected to drive the growth of cocoa beans market in the near future. Africa region is witnessed to be the largest producer of cocoa beans with Ivory Coast & Ghana being the highest producer in the region. In terms of production statistics, Africa acquires for 73.0% share in global cocoa beans production. Further based on geography, global cocoa beans market is largely dominated by Africa followed by the Asia Pacific and Latin America.

Asia-Pacific registered 15.0% and Latin America accounted for 12.0% market share in 2015 of total cocoa beans produced. The major contribution of cocoa beans production comes from countries such as Indonesia, Malaysia, and Singapore, which is likely to expand the business opportunities of cocoa beans in the Asia-Pacific region.

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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” highlights a comprehensive overview of the global cocoa beans market. On the basis of our in-depth analysis, the 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 players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities, and investments. The comprehensive analysis of the cocoa beans market report is drafted as per the clients to help them in assessing their business strategies in the competitive environment.

Major players of the global cocoa beans market analyzed 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, the Global Cocoa Beans Market Report encompasses the key factors driving the growth of the market, opportunities in the market and the factors posing threats & challenges to the market. The Cocoa Beans Market Outlook also comprises the market dynamics, risk analysis, SWOT analysis, USP analysis, BPS Analysis & market attractiveness. Report further also includes the expert analysis and remarks showcasing the complete overview of the market based on intensive analysis of political, economic, social, technological, environmental & legal factors of each region in the market.

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