Research and Markets: Cocoa & Chocolate Market Report - Application, Cocoa Type & Chocolate Type - Global Trends & Forecasts to 2019
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/p4bhp5/cocoa_and) has announced the addition of the "Cocoa & Chocolate Market by Application, Cocoa Type & Chocolate Type - Global Trends & Forecasts to 2019" report to their offering.
“Cocoa & Chocolate Market by Application, Cocoa Type & Chocolate Type - Global Trends & Forecasts to 2019”
The cocoa & chocolate market has been growing at a fast pace. The strong demand from North America is fueling the cocoa & chocolate market in the region. Cocoa can be used to provide flavor, texture, and color to many products. Further, it has anti-oxidative, anti-inflammatory, and anti-depressant properties. The market for these ingredients is also growing in developing economies such as China and India.
The huge demand for cocoa & chocolate in confectionery and food & beverage industries drives the market. The promising health benefits of cocoa & chocolate in pharmaceuticals and cosmetics provides enough evidence to encourage manufacturers to consider using cocoa and chocolate in such products. The cocoa market is expected to grow at a CAGR of 3.1%, whereas the chocolate market is estimated to grow at a CAGR of 2.3% from 2014 to 2019. Asia-Pacific is increasingly becoming an attractive market for chocolate manufacturers.
The milk & white chocolate segment is estimated to grow at the highest CAGR of 2.4% from 2014 to 2019.The cocoa liquor segment dominated the cocoa market in 2013, while cocoa butter segment is expected to grow at a CAGR of 3.8% from 2014 to 2019. Europe is the leading consumer of cocoa, followed by North America.
Europe is a major processor of cocoa in the global market and is estimated to grow at a CAGR of 2.6% from 2014 to 2019. However, the overall cocoa & chocolate industry in the European region has become saturated over the last few years. Consumer awareness pertaining to health benefits has led some of the major innovations in the North American cocoa & chocolate industry.
Some of the major players in the global market are Cargill (U.S.), Barry Callebaut (Switzerland), Archer Daniels Midland (U.S.), and Nestle S.A (Switzerland). These companies provide an extensive range of cocoa & chocolate-based products.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Markets Addressed
5 Industry Analysis
6 Market Overview
7 Global Cocoa Market
8 Global Chocolate Market
9 Competitive Landscape
10 Company Profiles
- Archer Daniels Midland
- Barry Callebaut
- Blommer Chocolate
- Cargill Incorporated
- Cocoa Processing Company Ltd.
- Mars Inc.
- Meiji Holdings Co. Ltd.
- Nestle S.A.
- Olam International Limited
- Puratos Group
For more information visit http://www.researchandmarkets.com/research/p4bhp5/cocoa_and