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Global Cocoa & Chocolate Market Growth 2019-2024

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Table of Contents

    2019-2024 Global Cocoa & Chocolate Consumption Market Report

      1 Scope of the Report

      • 1.1 Market Introduction
      • 1.2 Research Objectives
      • 1.3 Years Considered
      • 1.4 Market Research Methodology
      • 1.5 Economic Indicators
      • 1.6 Currency Considered

      2 Executive Summary

      • 2.1 World Market Overview
        • 2.1.1 Global Cocoa & Chocolate Consumption 2014-2024
        • 2.1.2 Cocoa & Chocolate Consumption CAGR by Region
      • 2.2 Cocoa & Chocolate Segment by Type
        • 2.2.1 Cocoa
        • 2.2.2 Chocolate
      • 2.3 Cocoa & Chocolate Consumption by Type
        • 2.3.1 Global Cocoa & Chocolate Consumption Market Share by Type (2014-2019)
        • 2.3.2 Global Cocoa & Chocolate Revenue and Market Share by Type (2014-2019)
        • 2.3.3 Global Cocoa & Chocolate Sale Price by Type (2014-2019)
      • 2.4 Cocoa & Chocolate Segment by Application
        • 2.4.1 Confectionery
        • 2.4.2 Food & Beverage
        • 2.4.3 Cosmetics
        • 2.4.4 Pharmaceuticals
      • 2.5 Cocoa & Chocolate Consumption by Application
        • 2.5.1 Global Cocoa & Chocolate Consumption Market Share by Application (2014-2019)
        • 2.5.2 Global Cocoa & Chocolate Value and Market Share by Application (2014-2019)
        • 2.5.3 Global Cocoa & Chocolate Sale Price by Application (2014-2019)

      3 Global Cocoa & Chocolate by Players

      • 3.1 Global Cocoa & Chocolate Sales Market Share by Players
        • 3.1.1 Global Cocoa & Chocolate Sales by Players (2017-2019)
        • 3.1.2 Global Cocoa & Chocolate Sales Market Share by Players (2017-2019)
      • 3.2 Global Cocoa & Chocolate Revenue Market Share by Players
        • 3.2.1 Global Cocoa & Chocolate Revenue by Players (2017-2019)
        • 3.2.2 Global Cocoa & Chocolate Revenue Market Share by Players (2017-2019)
      • 3.3 Global Cocoa & Chocolate Sale Price by Players
      • 3.4 Global Cocoa & Chocolate Manufacturing Base Distribution, Sales Area, Product Types by Players
        • 3.4.1 Global Cocoa & Chocolate Manufacturing Base Distribution and Sales Area by Players
        • 3.4.2 Players Cocoa & Chocolate Products Offered
      • 3.5 Market Concentration Rate Analysis
        • 3.5.1 Competition Landscape Analysis
        • 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
      • 3.6 New Products and Potential Entrants
      • 3.7 Mergers & Acquisitions, Expansion

      4 Cocoa & Chocolate by Regions

      • 4.1 Cocoa & Chocolate by Regions
        • 4.1.1 Global Cocoa & Chocolate Consumption by Regions
        • 4.1.2 Global Cocoa & Chocolate Value by Regions
      • 4.2 Americas Cocoa & Chocolate Consumption Growth
      • 4.3 APAC Cocoa & Chocolate Consumption Growth
      • 4.4 Europe Cocoa & Chocolate Consumption Growth
      • 4.5 Middle East & Africa Cocoa & Chocolate Consumption Growth

      5 Americas

      • 5.1 Americas Cocoa & Chocolate Consumption by Countries
        • 5.1.1 Americas Cocoa & Chocolate Consumption by Countries (2014-2019)
        • 5.1.2 Americas Cocoa & Chocolate Value by Countries (2014-2019)
      • 5.2 Americas Cocoa & Chocolate Consumption by Type
      • 5.3 Americas Cocoa & Chocolate Consumption by Application
      • 5.4 United States
      • 5.5 Canada
      • 5.6 Mexico
      • 5.7 Key Economic Indicators of Few Americas Countries

      6 APAC

      • 6.1 APAC Cocoa & Chocolate Consumption by Countries
        • 6.1.1 APAC Cocoa & Chocolate Consumption by Countries (2014-2019)
        • 6.1.2 APAC Cocoa & Chocolate Value by Countries (2014-2019)
      • 6.2 APAC Cocoa & Chocolate Consumption by Type
      • 6.3 APAC Cocoa & Chocolate Consumption by Application
      • 6.4 China
      • 6.5 Japan
      • 6.6 Korea
      • 6.7 Southeast Asia
      • 6.8 India
      • 6.9 Australia
      • 6.10 Key Economic Indicators of Few APAC Countries

      7 Europe

      • 7.1 Europe Cocoa & Chocolate by Countries
        • 7.1.1 Europe Cocoa & Chocolate Consumption by Countries (2014-2019)
        • 7.1.2 Europe Cocoa & Chocolate Value by Countries (2014-2019)
      • 7.2 Europe Cocoa & Chocolate Consumption by Type
      • 7.3 Europe Cocoa & Chocolate Consumption by Application
      • 7.4 Germany
      • 7.5 France
      • 7.6 UK
      • 7.7 Italy
      • 7.8 Russia
      • 7.9 Spain
      • 7.10 Key Economic Indicators of Few Europe Countries

      8 Middle East & Africa

      • 8.1 Middle East & Africa Cocoa & Chocolate by Countries
        • 8.1.1 Middle East & Africa Cocoa & Chocolate Consumption by Countries (2014-2019)
        • 8.1.2 Middle East & Africa Cocoa & Chocolate Value by Countries (2014-2019)
      • 8.2 Middle East & Africa Cocoa & Chocolate Consumption by Type
      • 8.3 Middle East & Africa Cocoa & Chocolate Consumption by Application
      • 8.4 Egypt
      • 8.5 South Africa
      • 8.6 Israel
      • 8.7 Turkey
      • 8.8 GCC Countries

      9 Market Drivers, Challenges and Trends

      • 9.1 Market Drivers and Impact
        • 9.1.1 Growing Demand from Key Regions
        • 9.1.2 Growing Demand from Key Applications and Potential Industries
      • 9.2 Market Challenges and Impact
      • 9.3 Market Trends

      10 Marketing, Distributors and Customer

      • 10.1 Sales Channel
        • 10.1.1 Direct Channels
        • 10.1.2 Indirect Channels
      • 10.2 Cocoa & Chocolate Distributors
      • 10.3 Cocoa & Chocolate Customer

      11 Global Cocoa & Chocolate Market Forecast

      • 11.1 Global Cocoa & Chocolate Consumption Forecast (2019-2024)
      • 11.2 Global Cocoa & Chocolate Forecast by Regions
        • 11.2.1 Global Cocoa & Chocolate Forecast by Regions (2019-2024)
        • 11.2.2 Global Cocoa & Chocolate Value Forecast by Regions (2019-2024)
        • 11.2.3 Americas Consumption Forecast
        • 11.2.4 APAC Consumption Forecast
        • 11.2.5 Europe Consumption Forecast
        • 11.2.6 Middle East & Africa Consumption Forecast
      • 11.3 Americas Forecast by Countries
        • 11.3.1 United States Market Forecast
        • 11.3.2 Canada Market Forecast
        • 11.3.3 Mexico Market Forecast
        • 11.3.4 Brazil Market Forecast
      • 11.4 APAC Forecast by Countries
        • 11.4.1 China Market Forecast
        • 11.4.2 Japan Market Forecast
        • 11.4.3 Korea Market Forecast
        • 11.4.4 Southeast Asia Market Forecast
        • 11.4.5 India Market Forecast
        • 11.4.6 Australia Market Forecast
      • 11.5 Europe Forecast by Countries
        • 11.5.1 Germany Market Forecast
        • 11.5.2 France Market Forecast
        • 11.5.3 UK Market Forecast
        • 11.5.4 Italy Market Forecast
        • 11.5.5 Russia Market Forecast
        • 11.5.6 Spain Market Forecast
      • 11.6 Middle East & Africa Forecast by Countries
        • 11.6.1 Egypt Market Forecast
        • 11.6.2 South Africa Market Forecast
        • 11.6.3 Israel Market Forecast
        • 11.6.4 Turkey Market Forecast
        • 11.6.5 GCC Countries Market Forecast
      • 11.7 Global Cocoa & Chocolate Forecast by Type
      • 11.8 Global Cocoa & Chocolate Forecast by Application

      12 Key Players Analysis

      • 12.1 Barry Callebaut
        • 12.1.1 Company Details
        • 12.1.2 Cocoa & Chocolate Product Offered
        • 12.1.3 Barry Callebaut Cocoa & Chocolate Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.1.4 Main Business Overview
        • 12.1.5 Barry Callebaut News
      • 12.2 Cargill
        • 12.2.1 Company Details
        • 12.2.2 Cocoa & Chocolate Product Offered
        • 12.2.3 Cargill Cocoa & Chocolate Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.2.4 Main Business Overview
        • 12.2.5 Cargill News
      • 12.3 Nestle SA
        • 12.3.1 Company Details
        • 12.3.2 Cocoa & Chocolate Product Offered
        • 12.3.3 Nestle SA Cocoa & Chocolate Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.3.4 Main Business Overview
        • 12.3.5 Nestle SA News
      • 12.4 Mars
        • 12.4.1 Company Details
        • 12.4.2 Cocoa & Chocolate Product Offered
        • 12.4.3 Mars Cocoa & Chocolate Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.4.4 Main Business Overview
        • 12.4.5 Mars News
      • 12.5 Hershey
        • 12.5.1 Company Details
        • 12.5.2 Cocoa & Chocolate Product Offered
        • 12.5.3 Hershey Cocoa & Chocolate Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.5.4 Main Business Overview
        • 12.5.5 Hershey News
      • 12.6 Blommer Chocolate Company
        • 12.6.1 Company Details
        • 12.6.2 Cocoa & Chocolate Product Offered
        • 12.6.3 Blommer Chocolate Company Cocoa & Chocolate Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.6.4 Main Business Overview
        • 12.6.5 Blommer Chocolate Company News
      • 12.7 FUJI OIL
        • 12.7.1 Company Details
        • 12.7.2 Cocoa & Chocolate Product Offered
        • 12.7.3 FUJI OIL Cocoa & Chocolate Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.7.4 Main Business Overview
        • 12.7.5 FUJI OIL News
      • 12.8 Puratos
        • 12.8.1 Company Details
        • 12.8.2 Cocoa & Chocolate Product Offered
        • 12.8.3 Puratos Cocoa & Chocolate Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.8.4 Main Business Overview
        • 12.8.5 Puratos News
      • 12.9 Cémoi
        • 12.9.1 Company Details
        • 12.9.2 Cocoa & Chocolate Product Offered
        • 12.9.3 Cémoi Cocoa & Chocolate Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.9.4 Main Business Overview
        • 12.9.5 Cémoi News
      • 12.10 Irca
        • 12.10.1 Company Details
        • 12.10.2 Cocoa & Chocolate Product Offered
        • 12.10.3 Irca Cocoa & Chocolate Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.10.4 Main Business Overview
        • 12.10.5 Irca News
      • 12.11 Foley's Candies LP
      • 12.12 Olam
      • 12.13 Kerry Group
      • 12.14 Guittard
      • 12.15 Ferrero
      • 12.16 Ghirardelli
      • 12.17 Alpezzi Chocolate
      • 12.18 Valrhona
      • 12.19 Republica Del Cacao
      • 12.20 TCHO

      13 Research Findings and Conclusion

      Cocoa & chocolate are used to provide taste, flavor, and texture to food, in addition to nutritional and functional benefits. Cocoa butter, cocoa liquor, and cocoa powder are some of the major ingredients used to manufacture chocolates. The favorable characteristics of cocoa butter (melting point and contraction) provide a melt-in-the mouth sensation and easy removal of chocolates from the molds. The chocolate also masks the unpleasant taste of tablets and encourages its usage for medicinal purposes.
      Cocoa & Chocolate industry is highly mature. Currently, there are many producing companies in the Cocoa & Chocolate industry. The main players are Barry Callebaut, Cargill, Nestle SA, Mars and Hershey. The market can be broadly categorized as open market and captive market. Barry Callebaut is the market leader in open market while for captive market the market is dominated by Nestle SA, Mars and Hershey.

      In consumption market, the global consumption value of Cocoa & Chocolate increases with the 5.7% average growth rate from 2012-2017. North America is the mainly consumption region due to the bigger demand of downstream applications. North America occupied 34.21%% of the global consumption volume in total in 2016.

      Global Dark Cocoa production is 2535 K MT in 2016, and the chocolate production is Dark 5628 K MT in 2016, occupying about 68.11% the total Cocoa & Chocolate production. Dark chocolate is the major type of Cocoa & Chocolate, and there are also types like milk chocolate. With fine taste of Cocoa & Chocolate, the downstream application industries will need more Cocoa & Chocolate products. So, Cocoa & Chocolate has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce more kinds of taste Cocoa & Chocolate through improving technology and adding additional agent.

      The major raw materials for Cocoa & Chocolate are cocoa beans, sugar and milk. Fluctuations in the price of the upstream product will impact on the production cost of Cocoa & Chocolate. The production cost of Cocoa & Chocolate is also an important factor which could impact the price of Cocoa & Chocolate. The Cocoa & Chocolate manufacturers are trying to reduce production cost by developing production method.

      We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents decreasing trend according to the economy development status and international competition. Also, there will be fluctuation in gross margin.

      According to this study, over the next five years the Cocoa & Chocolate market will register a 4.3% CAGR in terms of revenue, the global market size will reach US$ 63600 million by 2024, from US$ 49400 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Cocoa & Chocolate business, shared in Chapter 3.

      This report presents a comprehensive overview, market shares, and growth opportunities of Cocoa & Chocolate market by product type, application, key manufacturers and key regions and countries.

      This study considers the Cocoa & Chocolate value and volume generated from the sales of the following segments:

      Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
      Cocoa
      Chocolate
      Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
      Confectionery
      Food & Beverage
      Cosmetics
      Pharmaceuticals

      This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
      Americas
      United States
      Canada
      Mexico
      Brazil
      APAC
      China
      Japan
      Korea
      Southeast Asia
      India
      Australia
      Europe
      Germany
      France
      UK
      Italy
      Russia
      Spain
      Middle East & Africa
      Egypt
      South Africa
      Israel
      Turkey
      GCC Countries

      The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
      Barry Callebaut
      Cargill
      Nestle SA
      Mars
      Hershey
      Blommer Chocolate Company
      FUJI OIL
      Puratos
      Cémoi
      Irca
      Foley's Candies LP
      Olam
      Kerry Group
      Guittard
      Ferrero
      Ghirardelli
      Alpezzi Chocolate
      Valrhona
      Republica Del Cacao
      TCHO

      In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

      Research objectives
      To study and analyze the global Cocoa & Chocolate consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
      To understand the structure of Cocoa & Chocolate market by identifying its various subsegments.
      Focuses on the key global Cocoa & Chocolate manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
      To analyze the Cocoa & Chocolate with respect to individual growth trends, future prospects, and their contribution to the total market.
      To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
      To project the consumption of Cocoa & Chocolate submarkets, with respect to key regions (along with their respective key countries).
      To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
      To strategically profile the key players and comprehensively analyze their growth strategies.

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