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Global Cocoa and Chocolate Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
A true form of chocolate is cocoa. The same production process that produces cocoa was also used to create chocolate. The chocolate does not, however, lose its cocoa butter. The softer and deeper texture of the chocolate is a result of the cocoa butter. The rise in sales of chocolate candies meant to be eaten as comfort food is to blame for families developing a regular grocery store. Around the world, chocolate is a customary present for festivals and special events. In addition, consumers are increasingly consuming chocolate as a superior meal and as a comfort food, which is expected to create a wealth of new growth potential for the market.
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North America is projected to have the highest CAGR over the forecast period, owing to to increasing demand for chocolate-based confectioneries and increasing acquisition of chocolate ingredients to infuse food products. Additionally, increasing consumer knowledge of the health advantages of cocoa and chocolate intake is anticipated to spur demand for cocoa products and therefore market expansion. Growing consumer knowledge of cocoa's health advantages is anticipated to fuel demand in the regional market.
Some of the key players profiled in the Cocoa and Chocolate Market include DP Cocoa Products Pvt Ltd, Puratos Group, Barry Callebaut Group, Cargill, Incorporated, Aadra International, Nestlé S.A., Fuji Oil Holdings Inc., The Hershey Company, Lotus Chocolate Company Ltd., Mars Incorporated, Blommer Chocolate Company, Ferrero International S.A. , JB Foods Limited, Cocoa Processing Company Limited and Meiji Holdings Co., Ltd.
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Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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