Florida, December 06, 2017 /Financeswire/: Market Research Engine has published a new report titled as “Cocoa Market By Application Type (Confectionery, Food & Beverage, Cosmetics, Pharmaceuticals); By Type (Cocoa Butter, Cocoa Powder, Cocoa Liquor) and by Regional Analysis – Global Forecast by 2016 – 2022”.
One of the key drivers for market growth is that the range of uses for chocolate. Since cocoa powder contains a universal flavor, the market space will offer scope for multiple applications. Cocoa is an essential ingredient in products related to baking, dairy, and even beverages. Once process, cocoa powder is utilized in syrups, toppings, confectionery, as a coloring agent, and even in beverages. The ability to process and utilize chocolate in multiple ways that can result in this market’s growth throughout the forecast period.
The Cocoa Market is expected to exceed more than US$ 2 Billion by 2022 at a CAGR of 3% in the given forecast period.
The major driving factors of Cocoa Market are as follows:
- Health Benefits of Chocolates
- Large Number of Applications
- Seasonal & Festive-Related Sales
The restraining factors of Cocoa Market are as follows:
- Highly Unstable Economies in Cocoa-Producing Countries
- High Raw Material Prices
Browse Full Report Here: https://www.marketresearchengine.com/cocoa-market-report
The Cocoa Market is segmented on the lines of its type, application and regional. Based on type segmentation it covers Cocoa Butter, Cocoa Powder and Cocoa Liquor. Based on application segmentation it covers Confectionery, Food & Beverage, Cosmetics and Pharmaceuticals. The Cocoa Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for Cocoa Market and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022.
3) Identifications of new market opportunities and targeted promotional plans for Cocoa Market
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
The scope of the report includes a detailed study of global and regional markets on Cocoa Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Archer Daniels Midland, Barry Callebaut, Blommer Chocolate, Cargill Incorporated, Cemoi, Cocoa Processing Company Ltd, Mars Inc, Meiji Holdings Co. Ltd, Nestle S.A, Olam International Limited and Puratos Group and others. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Cocoa Market has been segmented as below:
By Application Type:
- Food & Beverage
- Cocoa Butter
- Cocoa Powder
- Cocoa Liquor
By Regional Analysis:
- North America
- Rest of the World
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Reasons to Buy this Report:
1) Obtain the most up to date information available on all Cocoa Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Cocoa Market data.
4) Assess your competitor’s refining portfolio and its evolution.
Company Name: Market Research Engine
Contact Person: John Bay
Country: United States